Oracle Rally Fueled by AI Cloud Boom | Open Interest 3/11/2026

Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." The IEA unleashes a record 400 million barrels from emergency reserves to cool a Middle East-driven price spike. Oracle surges, signaling no slowdown in AI demand. And cracks in private credit — JPMorgan pulls back, PIMCO sounds the alarm, and Apollo calls for transparency. Plus, Uber teams up with Amazon’s Zoox to bring robotaxis to riders — the CEOs of both companies join us. And Fifth Third’s Tim Spence says AI is already writing 40% of his bank’s code. He joins us to talk about the AI revolution in banking.

Chapters:
00:00:00 – Open Interest
00:02:51 – IEA Proposes Massive Release of Emergency Oil Stockpiles
00:07:15 – US February Core CPI Rises in Line with Forecasts
00:08:47 – Oracle Results Show Strong AI Computing Demand
00:13:36 – High Interest | Hormuz, Capital Relief, JPMorgan
00:14:46 – JPMorgan Tightens Private Credit Lending
00:19:52 – Katrina Dudley, Franklin Templeton | Stocks Fall as Oil Surge
00:22:47 – Stock to Watch | Oracle
00:24:24 – Oracle Pops on AI Cloud Sales Outlook
00:31:31 – Top Calls | Harley-Davidson, Nike, Oracle
00:33:10 – Oracle Sales Outlook
00:38:45 – Big Take | Iran Weaponry Puts US Military Under Unexpected Strain
00:45:10 – Meta to Deploy Four Homegrown Chips in 2027
00:47:51 – Diane Swonk KPMG | IEA Members Agree Oil Stockpile
00:58:10 – Leagh Turner Coupa | Impact of AI on Software Industry
01:05:26 – Dara Khosrowshahi Uber & Aicha Evans Zoox | Uber Inks Deal with Zoox
01:14:06 – EA to Release 400M Barrels of Emergency Oil
01:18:25 – Tim Spence CEO Fifth Third’s AI Ambitions
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