Trump's Hormuz Update, OpenAI & Anthropic AI Alarms

NEWSMAKERS AND MARKET MOVERS, THIS IS "THE PULSE" WITH FRANCINE LACQUA. FRANCINE: GOOD MORNING AND WELCOME. I'M FRANCINE LACQUA IN LONDON.GLOBAL STOCKS SET A NEW RECORD WITH AI AND RENEWED HOPES OF A MIDDLE EAST DEAL LIFTING OPTIMISM. WE WILL DISCUSS ALL OF THAT IN A SECOND BUT START WITH SPACEX WHICH IS UNDER PRESSURE THIS MORNING AFTER IT IS CLOSED HIGHER THAN EXPECTED SPENDING ON ITS AI BUSINESS. THAT HAS DAMPENED A REPORT THAT BROADLY SURPASSED WALL STREET FORECAST.ELON MUSK ALSO OUTLINED PLANS TO SI ...