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Bloomberg

Valuations are 'Punchy': Salesforce's Drews

Paul Drews, managing partner at Salesforce Ventures and Manthan Shah, principal and head of US investments at WestBridge Capital join Dani Burger on "Bloomberg Deals." OpenAI announced this week its largest-ever fundraising, drawing $122 billion in backing from tech giants, venture capital funds and retail investors alike. Now the valuation for OpenAI sits at $852 billion while Anthropic's valuation is at $380 billion.

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Bloomberg

Oil Falls in Choppy Trade Ahead of Trump Speech on Iran War

Oil fell in a volatile session, with traders focused on whether US President Donald Trump will soon declare an end to the war in Iran. West Texas Intermediate futures crude slid below $100 a barrel, at one point slumping more than 4.8%, before recovering some of that loss to trade near $99. Tom Kloza, Chief Energy Advisor for Gulf Oil joins Balance of Power to discuss how this conflict will effect oil prices.

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