AI Spending Fears Weigh on Stocks; Oil Jumps on Red Sea Attack

US equity futures fall after Alphabet's plan to spend up to $205 billion this year revives concerns over the soaring cost of AI, while Tesla also boosts investment to accelerate its AI ambitions. Brent crude climbs towards $100 a barrel after Houthi militants attacked two Saudi Arabian oil tankers in the Red Sea. Stephanie Roth of Wolfe Research discusses her outlook for inflation amid rising oil supply risks. Chapters: 00:00:00 - Bloomberg Brief Begins, Opening Headlines: AI Spending, Tesla & Oil Surge 00: ...