Squawk Pod OpenAI’s Eye-Popping Raise & Hair Today, Hair Forever 4/1/26
4 snips
Apr 1, 2026 A massive $122 billion funding round for OpenAI and what that means for AI investing. Cathie Wood on integrating AI into funds and developer-driven innovation. Tensions in the Middle East and risks around the Strait of Hormuz. A biotech IPO surge tied to new oral hair-loss treatments and the science behind sustained-release minoxidil.
AI Snips
Chapters
Transcript
Episode notes
UAE Preparing To Join Coalition For Strait Of Hormuz
- Dan Murphy reported the UAE is preparing to join a coalition to reopen the Strait of Hormuz and is lobbying for a UN resolution.
- The Wall Street Journal cited Arab officials and the UAE said any engagement needs international support and legal backing.
Markets Move On De escalation Hopes
- Markets rallied on hopes of de-escalation after signals the U.S. could be out of Iran in weeks.
- Oil prices cooled and risk assets rallied in Europe and Asia ahead of the president's address.
ARK Democratizes Access To OpenAI
- ARK added OpenAI to multiple ETFs to let everyday investors access a once-private AI winner.
- OpenAI partnered with ARK because ETFs can hold up to 15% illiquid stocks and ARK limits exposure to ~3% in ARKK, ARKW, and ARKF.