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. (Source: Bloomberg)