Oil Climbs with Iran Talks in Limbo; Tesla Boosts Spending Plan to $25B

It's 5 a. m. in New York City, 10 a.m. in London. Good morning.I'm Vonnie Quinn with your Bloomberg Businessweek set up for the day at an impasse. Stocks fall oil rallies as tensions mounts at the strait of hormuz, a $25 billion spending plan. Tesla aims to invest aggressively on AI and robotics this year.And chips shine software struggles in a mixed bag for tech earnings. So let's take a look at these markets that we have. S&P futures and NASDAQ futures pointed lower today after a rally yesterday, albeit o ...