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Bloomberg

Trend Riders Max Out on Bullish Oil for First Time Since 2021

Algorithmic traders, the speculators known for riding trends and accelerating price momentum, have maxed out on bullish US oil bets for the first time in more than four years a move that's likely to add more volatility to a market being rocked by the war in Iran.  Rebecca Babin, Senior Equity Trader and Managing Director at CIBC Private Wealth joins to discuss what this makes for the markets.

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Bloomberg

Iran Signals No Letup in War as Khamenei's Son Made Leader

Iran chose Mojtaba Khamenei, the hardline son of the assassinated Ayatollah Ali Khamenei, as its new supreme leader, signaling Tehran won't back down in a war raging across the Middle East and causing a surge in energy prices. Ashley Davis, Partner at S-3 Group, Republican Strategist and former Special Assistant to the Director of Homeland Security joins to discuss what this means for the region.

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Bloomberg

Consumers Embrace More Gen-AI Apps

OpenAI and Anthropic are becoming their own artificial intelligence app stores and consumers are embracing a wider number of generative AI tools, according to Andreessen Horowitz's "Top 100 Gen AI Consumer Apps" report. Olivia Moore, partner at A16Z and author of the report, discusses the findings with Caroline Hyde and Ed Ludlow on "Bloomberg Tech."

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