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Bloomberg

Sprake: Markets Punch-Drunk on AI Capex Spend

Wednesday, August 5, 2026


Brent crude traded below $80 a barrel as negotiations progressed toward a deal involving the Strait of Hormuz, while U.S. Treasury yields declined amid easing oil prices. Casey Sprake, Market Strategist at AG Capital, discussed the market movements with Bloomberg's Abeer Abu Omar on the program Horizons Middle East & Africa.

Original reporting: https://www.bloomberg.com/news/videos/2026-08-05/sprake-markets-punch-drunk-on-ai-capex-spend-video

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