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Oil gained Monday as traders weighed conflicting reports on Iran's uranium enrichment, a key sticking point in peace negotiations with the US that could dictate the pace of reopening the vital Strait of Hormuz. West Texas Intermediate traded above $101 a barrel Monday after sliding 5.7% in the previous session. Prices pared some gains after Al Jazeera reported no new uranium directive had been issued, citing an unnamed Iranian official. Traders have been on high alert for clues on the status of negotiations between the US and Iran to parse when the strait subject to a double blockade by Tehran and the US military might reopen and to gird against a potential return to active fighting. The virtual closure of the waterway, a key global energy shipping route, has caused energy prices to soar. We get reaction from Mike McGlone, Senior Commodity Strategist for Bloomberg Intelligence.

A part of Nvidia CEO Jensen Huang's latest message to investors is that Nvidia isn't just selling chips to Big Tech anymore: it's supplying the picks and shovels for an AI gold rush, where startups are building everything from AI agents to humanoid robots and robotaxis on Nvidia compute. One of the key backers of that ecosystem is Sarah Guo, founder of AI-native venture firm Conviction. She joins Ed Ludlow on "Bloomberg Tech."

President Trump says the US wants the Strait of Hormuz to be open and free of tolls. Iran is in talks with Oman to set up some form of a permanent toll system. Trump spoke to reporters at the White House.

Nvidia aims to rely less on giant data center operators and predicts other businesses and governments will become a bigger source of revenue for its chips and computing products to support AI ambitions. Tony Wang, portfolio manager of the T. Rowe Price Science and Technology Fund, joins Ed Ludlow on "Bloomberg Tech."

Since the oil-price shock from President Donald Trump's Iran war unleashed the biggest jump in inflation since 2023, bond prices have tumbled, pushing yields on some US government debt to the highest levels in nearly two decades. The rate on 10-year Treasuries, which sets the floor for mortgages, has climbed to around 4.6%, with traders saying 5% is within reach. Gennadiy Goldberg, Head of US Rates Strategy at TD Securities, joins to discuss rates breaking through key technical levels, what's really driving the selloff, and how the Fed should react.

Stellantis NV announced a major investment push focused on four core brands in a broad reset to boost profitability. The automaking group will spend some 60 billion ($70 billion) through 2030 to launch 60 new models, prioritizing the Jeep, Ram, Peugeot and Fiat brands. In North America, it plans to add a new compact and midsize pickup truck as well as a new entry-level model for the Dodge brand to help it rebuild after years of sales declines. Chrysler, which today sells just a minivan, will get three new crossover models with a price range of $25,000 to $35,000. Stellantis is also targeting 25% revenue growth in North America. For more, we speak with Craig Trudell, Managing Editor of Global Business Coverage for Bloomberg News.

Oura Health Oy filed confidentially for a US initial public offering, according to a person with knowledge of the matter. Ed Ludlow has more on "Bloomberg Markets."

Hyperscalers' capex boom is closely watched as the ultimate barometer of how long the AI cycle lasts. Nvidia's earnings show demand broadening and rising faster elsewhere, reducing chipmakers' overdependence on mega-cap tech. Ivan Feinseth, CIO at Tigress Financial, recaps Nvidia earnings and discusses his outlook on the broader sector as some big tech IPOs loom.

Jarrod Agen, Executive Director of National Energy Dominance Council and President Trump's energy advisor joined Bloomberg Open Interest to talk about how gas prices will drop fast once the Strait of Hormuz reopens. He also defends the administration's aggressive "Drill Baby Drill" agenda. Agen touts record oil lease sales, LNG expansion, Alaska drilling, and a possible gas tax holiday as America races for "energy dominance."

Danielle Poli, co-portfolio manager for global credit at Oaktree Capital Management, says a cautious approach to credit investing still provides opportunities for tempting yields. She speaks with Dani Burger and Matthew Miller on "Bloomberg Open Interest."

Nvidia's latest earnings reveal a major shift in AI demand. TD Cowen analyst Joshua Buchalter explains why hyperscalers are no longer the whole story, how AI is moving beyond data centers into the real world, and why the company's massive supply chain commitments could cement its dominance for years.

Gil Luria, DA Davidson head of technology research, says Nvidia CEO Jensen Huang is "dunking" on all the competition. Joe Kaiser of Switchyard Partners also reacts to Nvidia's earnings and SpaceX going public. They are on "Bloomberg Open Interest."