OPEC Faces Rift After UAE Exit | Open Interest 4/28/2026

Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Stocks tied to OpenAI slide after a report of missed growth targets, while oil holds above $110 even as the UAE exits OPEC on May 1. Earnings roll in against a cautious consumer backdrop as confidence edges higher. UAE Energy Minister Suhail Al Mazrouei joins us on the geopolitical shakeup, Mike McKee breaks down the latest consumer data, Atomic-6 CEO Trevor Smith looks at AI data centers in space, and Meredith Whitney warns of cracks beneath the surface of the US economy.

Chapters:
00:00:00 – Open Interest
00:01:44 – OpenAI Misses Sales and New User Targets: WSJ
00:05:26 – UAE to Leave OPEN and OPEN+ in May
00:07:14 – GM Truck and SUV Sales Soar Despite Rise in Gas Prices
00:11:58 – High Interest | Ken Griffin, Ares Management, Iran Deal
00:15:09 – Trump to Address Iran Plan “Soon” as Oil Rises
00:17:54 – Cameron Dawson NewEdge Wealth | Oil Rises Above $110 as US Weighs Iran Proposal
00:23:48 – Stocks to Watch | Coca-Cola, UPS, General Motors
00:25:30 – AI Jitters Weigh on Equities
00:30:27 – Top Calls | Micron, Rambus, Nucor, JetBlue
00:31:37 – JetBlue to Deepen Cost Cuts as Quarterly Loss Widens
00:38:16 – OpenAI Misses its Own User and Sales Goals | WSJ
00:45:06 – US April Consumer Confidence
00:48:20 – Meredith Whitney Meredith Whitney Advisory Group
00:58:33 – Kathy Bostjancic Nationwide Mutual Insurance | Fed Rate Decision
01:05:41 – Trevor Smith Atomic-6 | Data Centers Head to Space
01:13:36 – King Charles III to Meet with Trump at White House
01:19:34 – UAW Energy Minister on Decision to Leave OPEC
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