Get a jump start on the US trading day with Matt Miller and Dani Burger on “Bloomberg Open Interest.” Citi and BlackRock made a deal that will entrust BlackRock with tens of billion dollars of Citi’s clients’ investment. Figma falls after disappointing investors. Trump’s Fed nominee Stephen Miran testifies before a Senate panel, emphasizing the Fed’s independence in his opening remarks. Ollie’s President and CEO joins Open Interest to discuss more consumers trading down and shopping for value.
Chapters:
00:00:00 – Open Interest Starts
00:01:22 – Citi Hands BlackRock $80B of Assets in Wealth Deal
00:07:36 – Figma Drops on Uninspiring Sales Growth Outlook
00:10:06 – HIGH INTEREST
00:16:05 – Fed Independence Jitters | Mike Wilson, Morgan Stanley Chief US Equity Strategist & Chief Investment Officer
00:31:21 – TOP CALLS
00:32:06 – Ollie’s Bargain Price Targets Rise Post-Earnings | Eric van der Valk, Ollie’s Bargain Outlet President & CEO
00:38:43 – American Eagle Jumps on Sydney Sweeney Ad Success
00:48:52 – Fed’s Mandate Different Than Managing Markets, Pai | Carin Pai, Fiduciary Trust International Head of Portfolio Management & Equities
00:55:44 – HIGH INTEREST
00:56:51 – Optimism Returns to Dealmaking | Seth Boro, Thoma Bravo Managing Partner
01:04:57 – Trump’s Fed Nominee Stephen Miran Faces Senate
01:12:22 – Gap Expands into Beauty and Accessories | Richard Dickson, Gap CEO
——–
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