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Iran War: Market Euphoria As Trump Envisions US Withdrawal In Weeks | Daybreak Europe 4/1/2026

Bloomberg Technology
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Global markets surged after the U.S. president declared the Iran conflict nearing its end, projecting withdrawal within two to three weeks, citing achieved military objectives. The U.S. will shift responsibility for the Strait of Hormuz to regional allies, as the UAE reportedly pushes for a coalition to reopen the critical waterway by force. OpenAI’s valuation soared to $852 billion following a record $122 billion funding round, led by Amazon, Nvidia, and SoftBank, marking the largest single investment in AI history. Amazon’s $35 billion contribution hinges on OpenAI either going public or achieving artificial general intelligence, signaling high-stakes bets on AI’s future trajectory. The funding surge underscores accelerating corporate competition in AI, with tech giants racing to dominate next-generation intelligence systems amid geopolitical and economic volatility.
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Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. On today's show, global stocks rally after the US President said he sees the war on Iran ending within two to three weeks. Donald Trump suggests the US has largely accomplished its military goals, and will leave it to other countries to resolve issues with the Strait of Hormuz.

The Wall Street Journal reports that the UAE is lobbying for a military coalition to forcibly reopen the Strait. Also on the programme, OpenAI hits a $852 billion valuation after it raised $122 billion in its largest funding round on record. Amazon, Nvidia and SoftBank are providing the bulk of the financing, with Amazon's $35 billion investment contingent on OpenAI going public or achieving artificial general intelligence. (Source: Bloomberg)

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Source: Bloomberg Technology

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