Alphabet plans a large $185 billion push into AI | Open Interest 2/5/2026

Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Ares Asset Management hits a record as assets under management jump to $622 billion, fueled by surging demand for US direct lending. Co-founder and CEO Mike Arougheti joins Bloomberg Open Interest.
 Plus, job openings fall for a third straight month, Alphabet plans a massive $185 billion push into AI, and e.l.f. Beauty posts a blowout quarter. And luxury brands shift into high gear. Breitling debuts as Aston Martin Formula One’s official watch partner.

Chapters:
00:00:00 – Open Interest
00:02:05 – ECB Press Conference
00:29:55 – Marta Norton Empower | US Stocks Fall After Job Cuts Data
00:42:24 – Michael Ares Management | Hits Record $622 Billion
00:59:27 – Alphabet to Spend $185 Billion on AI in 2026
01:03:33 – Marija Veitmane State Street | Stocks Extending Losses After Labor Market Data
01:09:15 – Mandy Fields e.l.f Beauty | Please with the Quarter
01:18:03 – Hirofumi Otsuka SMBC Americas | Accelerates US Expansion
01:29:58 – Georges Kern Breitling | Formular One with Aston Martin
01:35:39 – Bessent Testifies Before Senate Banking Committee
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