Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Dollar General pops on stronger guidance as deal-hungry shoppers pile in. We’ll take a deep dive on bargain-focused retailers. Meta is preparing deep cuts to its metaverse ambitions as Mark Zuckerberg weighs budget reductions of up to 30%. Plus, Rebecca Patterson of CFR joins Bloomberg Open Interest to talk about why she thinks bitcoin contagion risk is alive and well. CORRECT: This video has been edited to correct a graphic to reflect that Meta plans to cut up to 30% of its metaverse efforts. The anchor misstates this information at :50, 1:15 and corrects herself at 20:00.
Chapters:
00:00:00 – Open Interest
00:01:38 – Meta to Cut Up to 30% of Metaverse Budget
00:05:17 – Snowflake Gives Weak Profit Margin Outlook
00:10:44 – Dollar General Hike Outlook on Strained Consumer
00:13:03 – High Interest |Merz Pension Vote, Paramount, Pimco
00:14:52 – Kate McShane Goldman Sachs | Discount Stores Capitalize on Strained Consumer
00:23:09 – Stock to Watch | Meta Platforms, Dollar General
00:24:13 – Rebecca Patterson, Council on Foreign Relations | Jobless Claims Lowest in 3 Years
00:33:34 – Top Calls |Toast, Paypal, Salesforce
00:35:18 – Alphabet AI Chips a Potential $900B "Secret Sauce"
00:40:04 – Netflix in Lead for Warner Bros. Bid: Report
00:44:25 – Morgan Stanley Sounds Out Investors on Data Center SRT
00:46:48 – Lauren Goodwin New York Life Investments | Quality, Diversification Important in 2026
00:58:05 – Big Take | Tired Americans are Spending More to Avoid Doing Chores
01:05:58 – Xiaodi Hou Bot Auto | Achieves Humanness Trucking Operations
01:14:41 – Market Doubts Hassett Can Deliver at Fed
01:17:49 – Cayla Seder State Street | Inflation Exceptions Have Been Muted
——–
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