Bloomberg

Anthropic PBC is suing the Defense Department after it said the company is a supply chain risk. Anthropic and the Pentagon have been in a dispute over safeguards on its AI technology. Seth Fiegerman reports.

"There's a fair amount of complacency within the market," Seema Shah, Principal Asset Management chief global strategist, says on "Bloomberg Open Interest."

Fast-money investors are piling into bets against US stocks. Goldman Sachs says hedge funds raised short positions in equity ETFs by more than 8% last week. Bob Sloan of S3 Partners joined Bloomberg Open Interest to talk about the short interest in Blue Owl and why investors do not believe the marks in private credit.

As investors pull back on rate cut bets and push expectations out to September, a new energy shock is rattling markets. Dynex Capital Co-CEO Smriti Popenoe joined Bloomberg Open Interest to talk about why inflation may be "transient" again. She also warns the market is now pricing a higher probability of rate hikes.

Bloomberg Opinion Columnist Javier Blas says using the East-West oil pipeline that runs across the Arabian Peninsula, and another pipeline owned by the United Arab Emirates, can help get oil to market by avoiding the Strait of Hormuz. He says doing so, could help slow down rising oil and gasoline prices. He speaks on Bloomberg Open Interest.

Treasury yields are climbing as war fears rattle markets and push rate-cut hopes further out. David Dindi, CEO of Atomic Invest, says a shutdown of the Strait of Hormuz could keep inflation elevated if the conflict drags on longer than investors expect,  impacting oil prices and the Fed's path forward.

Everything from groceries to gas is set to get more expensive as oil climbs above $100 a barrel. Jake DeWitte and Amir Vexler, the CEOs of Oklo and Centrus Energy respectively join Bloomberg Open Interest to talk about how next-generation nuclear energy can help the US achieve energy independence.

Edward Morse, special advisor at Hartree Partners, says consumers should expect to see gas prices in the US top $4 a gallon soon. He also expects ships in the Strait of Hormuz to keep being attacked. In a note he says oil prices could climb another 50%.

Rising energy prices and uncertainty brought on by tariffs creates "heightened risk around consumer spending and growth," says former Kansas City Fed President Esther George. She speaks on Bloomberg Surveillance.

Kate Moore, CIO at Citi Wealth, says the resilience in equity markets amid the war with Iran is coming from the US large cap space.