Summary

Box CEO Aaron Levie joins to discuss the growing safety concerns around AI. Then, Bank of America Head of Commodities Francisco Blanch shares his outlook for the oil market and the impact of the war in Iran. Plus, we discuss what to expect at Meta Connect tomorrow as Meta's new AI agent, Muse, gains popularity.Squawk on the Street Disclaimer Hosted by Sim…

Key takeaways

• Q3 earnings season is the primary market catalyst, with Deutsche Bank's Pinky Chadha projecting ~30% earnings growth and a 6-7% equity undervaluation relative to fundamentals, driven by AI beneficiaries and a manufacturing rebound.
• Oil markets face sustained upward pressure toward $100/barrel (BofA forecast) due to Middle East infrastructure damage, depleting global inventories, rising Chinese demand, and refinery bottlenecks—with diesel potentially hitting $200+/barrel.
• Enterprise AI adoption is accelerating into a 'diffusion era' where applied AI platforms (Box, Salesforce, agents like Muse) bridge frontier model breakthroughs into real business workflows, unlocking new use cases in unstructured data and commerce.

Why this matters

For B2B decision-makers, the convergence of a strong earnings cycle, elevated energy costs, and rapid enterprise AI agent deployment is simultaneously compressing margins in asset-light intermediaries (brokers, travel platforms) while creating durable revenue tailwinds for AI infrastructure, applied software, and domestic energy producers.

Entities

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Show notes

Box CEO Aaron Levie joins to discuss the growing safety concerns around AI. Then, Bank of America Head of Commodities Francisco Blanch shares his outlook for the oil market and the impact of the war in Iran. Plus, we discuss what to expect at Meta Connect tomorrow as Meta's new AI agent, Muse, gains popularity.Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Themes

• agents
• investing