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

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 Eric Fabrikant 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

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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