Blackstone’s Jon Gray says AI is Single Biggest Driver | Open Interest 4/23/2026

Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Crude surges as tensions escalate in the Strait of Hormuz, rattling global markets. Blackstone’s Jon Gray doubles down, calling for the firm’s “best year ever” as IPO momentum builds. Plus, a wave of earnings—Tesla ramps AI spending to $25 billion, American Airlines braces for soaring fuel costs, and American Express sees travel demand cool. ServiceNow’s Bill McDermott says growth is still the story.

Chapters:
00:00:00 – Open Interest
00:01:46 – Tesla Boosts Spending Plan to $25N in AI
00:06:09 – American Airlines Lowers Outlook as Fuel Bill Surges
00:09:20 – Trump Orders Navy to Shoot Mine-Laying Boats in Homuz
00:13:58 – High Interest | Navy Secretary Fired, Cannabis Stock, Netflix
00:15:16 – Itay Michaeli TD Cowen | Tesla Triples Annual Spending
00:23:15 – Stock to Watch | Tesla
00:25:55 – Gargi Chaudhuri Blackrock | Stocks Fall as Oil Climbs with Iran Talks in Limbo
00:32:15 – Top Calls | Avis, McDonalds’s
00:34:35 – Tesla Boost Spending Push
00:37:49 – Blackstone Sees “Best Year Ever” for its IPOs
00:45:26 – Trump Order Navy to Shoot Mine-Laying Boats in Hormuz
00:50:26 – Andrew Slimmon Morgan Stanley Investment Management | Stocks Stall as Hormuz Standoff Drives Oil Higher
00:58:53 – Amex Sees Strong Consumer Spending
01:03:27 – Semiconductors Set For Best Month since 2000
01:04:56 – American Airlines Sees $4B Expense from Iran War
01:10:43 – Jon Gray Blackstone | Private Credit
01:19:14 – Bill McDermott ServiceNow | We are a Growth Company
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