Meta Layoff Report Sends Stock Higher

Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." President Trump calls on China and other nations to help secure the Strait of Hormuz as oil surges past $100 a barrel and markets brace for more volatility. Meta jumps on reports of sweeping layoffs, while Nvidia’s AI conference has investors watching for a breakout moment. Plus, Kai Liekefett on rising shareholder activism, and Congressman Jason Smith on the cost of the Iran conflict. Chapters: 00:00:00 - Open Interest 00:03:23 - Trump Demands Help from other Countries to Secure Hormuz 00:08:07 - Oil Tops $100 a Barrel in Choppy Trading 00:10:57 - Meta Plans Layoffs to Offset AI Spending: Reuters 00:13:30 - High Interest | Zito, Musk, UniCredit 00:15:01 - UniCredit Launches $40B Commerzbank Bid 00:18:25 - Lori Calvasina RBC Capital Markets | Strategist See Correction But No Bear Market 00:22:55 - Stocks To Watch | Meta, Nebius 00:35:36 - Top Calls | Rocket Company, Adobe, Qualcomm 00:36:27 - Meta Plans Layoffs to Offset AI Spending 00:40:22 - BYD Shares Surge on Improving Overseas Sales 00:45:13 - Ann Berry Threadneedle Ventures | Stocks Rise as Oil Falls on Hormuz Transit Hopes 00:52:34 - Kai Liekefett Shareholder Activism Practice at Sidley | Activist Navigate Geopolitical Uncertainty 01:00:24 - Jason Smith Chairman of the House Ways and Means 01:08:21 - US Allies Wary of Joining Trump’s Strait of Hormuz Mission 01:14:21 - Tina Fordham Fordham Global Foresight | Allies Grapple with Trump’s Unclear Iran Endgame 01:22:19 - Peter Burke Ireland’s Minister for Enterprise, Tourism and Employment | Global Trade Uncertainty Impact 01:28:09 - Trading Diary | Nvidia CEO Speaks, Fed Decision -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts