Squawk on the Street Trump Iran Deadline Watch, Anthropic/Broadcom/Google Deals, Health Insurers Rally 4/7/26
Apr 7, 2026
Markets react to a Trump Iran deadline with rapid oil and volatility moves. Big AI headlines include Anthropic's massive revenue run rate and Broadcom/Google compute deals. Health insurers jump after a surprise Medicare Advantage payment boost. Other hot topics: SpaceX IPO talk, chip sector shifts, and Bill Ackman’s play for Universal Music Group.
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Markets React To Trump Iran Deadline
- The Trump 8pm deadline for Iran is driving market moves and oil to multi‑year highs.
- Jim warns the president's rhetoric could force action and that military constraints (heat, logistics) make escalation complex.
Anthropic's Revenue Run Rate Jumps To $30B
- Anthropic reported a revenue run rate jump from $9B to $30B and signed multi‑gigawatt TPU deals with Google and Broadcom.
- David highlights the figure is based on the last 28 days and may keep rising, implying unprecedented growth.
TPU Deals Alter Compute Landscape
- Broadcom will produce next‑gen AI chips for Google and committed 3.5GW of compute for Anthropic, shifting some compute away from NVIDIA GPUs.
- Jim notes TPU deals are significant but NVIDIA remains central because overall compute demand is enormous.