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Microsoft, Meta Earnings Take Center Stage | Open Interest 7/29/2026

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Get a jump start on the US trading day with Dani Burger on “Bloomberg Open Interest.” Tech takes center stage as investors await blockbuster results from Microsoft and Meta. Oil surges after President Trump threatens new strikes on Iran, putting markets on edge. Plus, will the Federal Reserve stand pat or deliver a surprise. We’ll break it all down with Goldman Sachs’ David Mericle, Battery Ventures’ Dharmesh Thakker on AI’s next winners, and Logitech CEO Hanneke Faber joins us on chip risks, holiday demand, and navigating supply chain pressure.

Chapters:
00:00:00 – Open Interest
00:01:13 – SK Hynix Results, AI Spending, Microsoft & Meta Earnings Preview
00:04:36 – Ford Earnings, SUV Demand, EV Batteries & AI Energy Storage  
00:06:53 – Fed Decision Preview, Kevin Warsh, Rate Hike Risk & Inflation Outlook  
00:12:54 – High Interest | South Korea Market Rout, Bank Trading Boom & Iran Missile Escalation
00:13:58 – Iran Conflict, Strait of Hormuz, Red Sea Shipping Risks & U.S. Diplomacy
00:17:44 – Visa Earnings, Consumer Spending, Job Cuts & Robinhood Prediction Markets
00:23:04 – AI Infrastructure Trade, Market Rotation, Data Centers & Private Markets
00:23:29 – Sitara Sundar JPMorgan | Stocks Waver As Fed Call and AI Earnings Loom
00:33:20 – Top Calls | Caterpillar Downgrade, Cheesecake Factory Upgrade & Texas Instruments Upgrade
00:34:43 – SK Hynix Earnings, Memory Pricing, AI Demand & Hyperscaler Capex
00:39:46 – Procter & Gamble Earnings, Consumer Spending, Inflation & Supply Chain Costs
00:44:30 – Fed Expectations, Kevin Warsh, Inflation Risks & September Outlook
00:46:56 – David Mericle Goldman Sachs | Fed Policy, Oil Price Risks, Inflation Outlook & Rate Path
00:56:45 – High Interest | Fauci Senate Hearing, SpaceX Structured Products & Liverpool FC Investment Talks
00:57:49 – Dharmesh Thakker Battery Ventures | Enterprise AI, Supply Chain Automation, Open Source Models & Venture Investing
01:05:18 – Hanneke Faber Logitech | Logitech Earnings, Semiconductor Shortages, Gaming Demand & AI Hardware
01:12:18 – AI Spending Concerns, Microsoft & Meta Earnings, Capex Growth & ROI Debate
01:17:58 – Hermes Weakness, Luxury Spending Trends, China Demand & Gucci Turnaround
01:21:57 – BMW Job Cuts, China Slowdown, Luxury Autos & Ferrari EV Demand
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Bloomberg Surveillance 01/31/2024

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Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern have the economy and global markets “under surveillance”. Their daily conversations with leaders and decision makers from Wall Street to Washington and beyond cover the latest in business, investment, and geopolitics. No other program better positions investors and executives for the trading day.
About “Bloomberg Surveillance”
Tom Keene, Jonathan Ferro & Lisa Abramowicz are live from New York each business day, bringing insight on global markets and the top business stories of the day.

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Bremmer: U.S. Retreat From Global Leadership Is a Long-Term Shift

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Ian Bremmer says Tuesday’s election should be viewed against structural changes in U.S. policy that are likely to persist regardless of which party holds the White House. He cites weaker support for free-trade agreements and a greater reliance on industrial policy, subsidies and tariffs. Bremmer speaks with Romaine Bostick on “The Close.”
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Opinion’s O’Brien Expects Gridlock in Washington After Democrats Take Back Congress

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President Donald Trump congratulated Democrats for doing “a good job” after the party inflicted devastating defeats on his Republican allies, winning back both houses of Congress and picking up several governors’ mansions.
But the president, in an interview with Fox News early Wednesday morning, didn’t take responsibility for a long night of GOP defeats.
Tim O’Brien, Senior Executive Editor: Bloomberg Opinion, discusses the legacy of Donald Trump, his reaction to the GOP loss, and how he may govern in his final two years in office.
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Oaktree’s Marks on Long-term Investing

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Howard Marks, Co-Chair at Oaktree Capital Management, says investors should build a portfolio of assets that can perform over the long term. He speaks exclusively on “The China Show”.
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Anthropic Files for IPO, Plans to Trade on Nasdaq

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Anthropic PBC has filed its long-awaited IPO and is expected to begin trading on the on the Nasdaq Global Select Market under the symbol ANT. A filing with the Securities and Exchange Commission shows Goldman Sachs and Morgan Stanley lead the IPO. “Bloomberg Open Interest” has more.
——–
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