Rebecca Walser joins Diane King Hall at the NYSE to make sense of the latest market rally. She does see a potential pullback in options activity, but stresses the strong fundamental story fueling market momentum. Rebecca says companies have adjusted their plans in light of ongoing geopolitical tensions with Iran. On the AI trade, she compares and contrasts U.S. to China approaches on open-source models. Rebecca stresses the financial and military reasons for AI to remain domestically centered.