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 -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: / bloombergtv Facebook: / bloombergtelevision Instagram: / bloombergtv Connect with Bloomberg Business on: X: / business Facebook: / bloombergbusiness Instagram: / bloombergbusiness TikTok: https://www.tiktok.com/@bloombergbusi... Reddit: / bloomberg LinkedIn: / bloomberg-news More from Bloomberg: Bloomberg Radio: / bloombergradio Bloomberg Surveillance: / bsurveillance Bloomberg Politics: / bpolitics Bloomberg Originals: / bbgoriginals Watch more on YouTube: Bloomberg Technology: / @bloombergtechnology Bloomberg Originals: / @business Bloomberg Quicktake: / @bloombergquicktake Bloomberg Espanol: / @bloomberg_espanol Bloomberg Podcasts: / @bloombergpodcasts