Stocks up as Trump Cites Rapid Pace in Iran Talks | The Close 6/1/2026

Watch on YouTube ↗  |  June 01, 2026 at 22:14  |  1:32:44  |  Bloomberg Markets
Speakers
Mehdi Hosseini — Senior Equity Research Analyst, Susquehanna International Group
Dambisa Moyo — House of Lords Member, Economist Author
Alan Baratz — CEO, D-Wave Quantum
Amy Wu Silverman — Head of Derivatives Strategy, RBC Capital Markets
Julia Hermann — Global Market Strategist, New York Life Investment Management

Summary

The episode covers a tech-driven equity rally with the S&P 500 heading for a historic 10th straight weekly gain, led by AI winners. Key topics include options market FOMO and an 'up crash' dynamic, a wave of mega IPOs (SpaceX, Anthropic, OpenAI), M&A activity (U.S. Bancorp/BTIG, Berkshire/Taylor Morrison), and the energy sector's resurgence due to AI data centers. Guests also discuss quantum computing and the labor market implications of AI.

  • S&P 500 closes higher, driven by AI and tech stocks, with narrow breadth.
  • Options strategist Amy Wu Silverman highlights extreme call exuberance and an 'up crash' pattern.
  • Mega IPOs from SpaceX, Anthropic, and OpenAI are generating significant market interest.
  • U.S. Bancorp completes acquisition of BTIG, expanding into investment banking.
  • Berkshire Hathaway announces all-cash deal to buy Taylor Morrison, its first major deal under new CEO.
  • Dambisa Moyo argues the energy sector, particularly natural gas, is back in favor due to AI and geopolitics.
  • D-Wave CEO Alan Baratz presents a dual-approach quantum computing strategy as a competitive advantage.
  • Alphabet announces an $80 billion equity capital raise for AI infrastructure, including a Berkshire investment.
Trade Ideas
Mehdi Hosseini Senior Equity Research Analyst, Susquehanna International Group 60:03
Dell better for enterprise AI spending
Dell is better positioned to capture enterprise AI spending, particularly driven by agentic AI and traditional server, storage, and networking demand from enterprises, making it a more direct play on the AI theme than HPE.
DELL MED
Dambisa Moyo House of Lords Member, Economist Author 75:46
Natural gas bullish on AI data centers
Natural gas demand is set to rise significantly due to AI data center power needs and geopolitical security concerns, making the energy sector—especially natural gas—a long-term attractive investment.
UNG HIGH
Alan Baratz CEO, D-Wave Quantum 82:38
D-Wave is leading quantum computing
D-Wave is uniquely positioned in quantum computing by developing both annealing and gate-model approaches, enabling it to address the full market with commercial adoption already underway, offering a competitive edge over peers like IBM and Google.
QBTS MED
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This Bloomberg Markets video, published June 01, 2026, features Mehdi Hosseini, Dambisa Moyo, Alan Baratz discussing DELL, UNG, QBTS. 3 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Mehdi Hosseini, Dambisa Moyo, Alan Baratz  · Tickers: DELL, UNG, QBTS