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

Posted on 03/11/2026
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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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