S&P 7000 Rally Fueled by AI Boom | Open Interest 4/16/2026

Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Stocks are surging to record highs with the S&P crossing 7,000 as US, Iran ceasefire hopes fuel the rally. TSMC boosting the momentum with a stronger outlook on AI demand. Netflix steps into the spotlight with earnings after losing out on Warner Brothers, while Anthropic rolls out its most powerful AI model yet. Actor Ben McKenzie sounds the alarm on crypto risks and systemic fallout, and Amalgamated Bank CEO Priscilla Sims Brown explains how higher rates and potential bank mergers are reshaping the financial landscape. (Source: Bloomberg)