AI Rally Powers Wall Street Earnings | Open Interest 5/7/2026

Posted on 05/07/2026
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Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Wall Street eyes strong earnings and the tech rally, and Citi faces pressure as Jane Fraser sells her turnaround. Plus, Wall Street bonuses are set to jump, prosecutors allege an insider-trading ring reached the elite world of M&A law. We'll hear from Genco’s John Wabensmith on the strength he's seeing in dry bulk shipping, Bernstein’s Alex Chaloff weighs in on AI spending, and MNTN’s Mark Douglas tells us why TV isn't dying despite the rise in streaming media. (Corrects name of guest in description.)



Chapters:

00:00:00 - Open Interest

00:01:35 - Wall Street Bonuses Set to Jump for Third Year

00:04:52 - Arm Warns of Phone Market Weakness

00:08:29 - Oil Drops as US, Iran Weigh Hormuz Deal

00:12:50 - High Interest | Vatican, Ryan Cohen, M&A Lawyers

00:14:07 - McDonald’s, Shake Shack, Papa John’s Consumer Reporting

00:17:57 - Alex Chaloff Bernstein | Stocks Continue Record Run

00:22:48 - Stocks to Watch | McDonald’s, Citigroup, Arm Holdings

00:33:02 - Top Calls | Alcoa, Freshpet, WarnerBros.

00:34:05 - Citi Return Target Falls Short of Expectations

00:39:48 - Carlyle Eanings Tumble 28%

00:45:06 - US Wait on Iran’s Peace Deal Response

00:48:38 - Julia Hermann New York Life Investment Management | Traders Await Iran Update

00:56:29 - Chris Connors Johnson Associates | Wall Street Bonuses Seen Climbing in 2026

01:06:17 - John Wobensmith Genco | Dry Bulk Shipping Strengthens in 2026

01:15:42 - Mark Douglas | MNTN Delivers Strong First Quarter

01:22:25 - Prosecutors Unseal Massive Trading Case

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