Costs Overshadow BofA Trading Beat | Open Interest 1/14/2025

Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." A big bank earnings bonanza. Bank of America beats, but expense worries weigh on shares, Wells Fargo misses while Citi’s dealmakers rake in the cash. Meta turns to nuclear power to fuel the AI boom—and Oklo is right in the middle of it. We talk to the CEO Jake DeWitte. And former Fed Advisor Neil Grossman joins the show with his critique of the Fed saying the central bank has done a "horrible" job.

Chapters:
00:00:00 – Open Interest
00:03:11 – Stocks Hold Losses Amid Economic Data, Earnings
00:05:12 – Bank of America Earnings Top Expectations
00:08:17 – Oil Climbs as Traders Await US Response to Iran
00:11:28 – High Interest | Iran, Greenland, Saks files Chapter 11
00:13:04 – Big Banks Results Roll in as Earnings Season Ramps Up
00:21:40 – Stocks to Watch | BOFA, Citi, Wells Fargo
00:24:34 – Cameron Dawson NewEdge  | Wall Street Weighing Bank Earnings, Geopolitics
00:31:52 – Top Calls | Hyatt, BlackRock, Oracle
00:33:21 – Jake DeWitte Oklo | Oslo Lands Nuclear Deal With Meta
00:39:49 – Cruz Targets Ford After Affordability Hearing Delay
00:43:16 – Breaking News | Existing Home Sales
00:45:29 – Victoria Fernandez Crossmark | Us Stocks, Dollar Fall in Early Trading
00:56:30 – Henrietta Treyz Veda Partners | Supreme Court Does’t Rule on Trump’s Tariffs Wednesday
01:07:21 – Neil Grossman TKNG | Trump Targets Housing Cost
01:18:02 – Policy Uncertainty Looms Over Wall Street
01:24:40 – Ed Bastian Delta Air Lines | Trump Credit Card Cap will Upend Industry
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