AI Rally Fuels Tech Optimism | Open Interest 6/9/2026

Watch on YouTube ↗  |  June 09, 2026 at 18:27  |  1:27:18  |  Bloomberg Markets
Speakers
Meera Pandit — Global Market Strategist, JPMorgan Asset Management
Jason Kim — CEO, Firefly Aerospace
Anurag — Senior Analyst, Bloomberg Intelligence
Liz Ann Sonders — Chief Investment Strategist, Charles Schwab
Bailey Lipschultz — Reporter, Bloomberg
Vonnie Quinn — Anchor, Bloomberg

Summary

The episode covers the AI-driven tech rebound, upcoming IPOs from SpaceX and OpenAI, and Apple's struggle to showcase competitive AI. Housing data surprised to the upside but may not last, while oil fell on Iran deal hopes. Strategists discussed Fed policy under new Chair Warsh, inflation risks, and selective opportunities in Taiwan, Korea, Japan, and Europe cyclicals. Firefly Aerospace CEO outlined growth catalysts in space.

  • AI rally continues with tech and chip stocks rebounding from Friday's selloff.
  • SpaceX IPO set to price imminently; OpenAI confidentially files for a fall IPO.
  • Apple faces lukewarm reaction to AI announcements and regulatory delays in EU.
  • Existing home sales rise 3.2% in May, though the strength may fade with higher mortgage rates.
  • Oil drops as Trump says a deal with Iran is close, but Strait of Hormuz remains blocked.
  • Liz Ann Sonders warns of possible oil price spike and a correction via rotation.
  • Meera Pandit highlights AI-driven opportunities in Taiwan and Korea, plus cyclical plays in Japan and Europe.
  • Firefly Aerospace CEO sees tailwinds from moon contracts, space force, and AI software.
Ideas
Liz Ann Sonders Chief Investment Strategist, Charles Schwab 18:08
WATCH oil for possible price spike.
Oil stockpiles are very low and the Strait of Hormuz remains closed; industry leaders warn of a potential spike to $150, which would hurt the economy and equities. This is a crucial risk to monitor.
WTI MED
Meera Pandit Global Market Strategist, JPMorgan Asset Management 54:29
Taiwan and Korea benefit from AI.
AI demand continues to drive earnings in tech and semiconductor sectors, with Taiwan and Korea benefiting as key emerging markets with high exposure to this secular trend; investors should participate selectively.
EWT EWY MED
Meera Pandit Global Market Strategist, JPMorgan Asset Management 54:52
Japan and Europe cyclicals look attractive.
Cyclical sectors in Japan and Europe, particularly banks and industrials, are showing strength and can serve as a counterweight to heavy tech exposure, providing attractive diversification.
EWJ VGK MED
Jason Kim CEO, Firefly Aerospace 70:25
Firefly poised for strong space growth.
Firefly Aerospace has multiple tailwinds including moon base contracts, space force programs, and AI software capabilities; the company is executing a multi-year strategy with improving technology and launch cadence.
Firefly Aerospace MED
Anurag Senior Analyst, Bloomberg Intelligence 79:39
Apple AI drives phone upgrade cycle.
Apple's new AI features and upcoming foldable iPhone will drive a significant upgrade cycle; with over half the installed base not ready for Apple Intelligence, a pickup in sales is expected by mid-next year.
AAPL MED
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This Bloomberg Markets video, published June 09, 2026, features Liz Ann Sonders, Meera Pandit, Jason Kim, Anurag discussing WTI, EWT, EWY, EWJ, VGK, Firefly Aerospace, AAPL. 5 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Liz Ann Sonders, Meera Pandit, Jason Kim, Anurag  · Tickers: WTI, EWT, EWY, EWJ, VGK, Firefly Aerospace, AAPL