Bloomberg Open Interest: Fed Decision Day, AI Earnings, and a Packed Market Agenda

This episode of Bloomberg Open Interest, hosted by Isabelle Lee in New York and Dani Burger in Dallas, previews one of the market's busiest days: the Federal Reserve's rate decision, results from Microsoft and Alphabet, and SK Hynix's blowout memory-chip earnings. The discussion centers on whether massive AI spending will translate into returns, alongside midterms coverage, M&A headlines, and the credit markets financing the AI buildout.

■ AI Chips & Big Tech Earnings
- SK Hynix's profit surge, sold-out capacity through 2029, and shareholder returns
- What Microsoft's Azure growth and Alphabet's cloud metrics and free cash flow need to show
- OpenAI's plan to purchase chips from Alphabet

■ Fed & Macro Outlook
- Kevin Warsh's messaging, the expected pause, and odds of a December hike
- Views from Michael McKee, Saira Malik of Nuveen, and Goldman's David Mericle
- AI-related borrowing, the yield curve, and inflation drivers

■ Markets & Corporate Headlines
- Morning movers: Robinhood, Visa, Stellantis, Whirlpool, Clover Health
- Wendy's takeover interest from Trian and restaurant sector demand
- Anthropic's IPO retail push led by J.P. Morgan
- Credit market capacity for AI debt, with Fortress's Brian Stewart

■ Politics & Beyond
- Texas Senate race dynamics ahead of the midterms
- Baker Hughes' AI-linked power demand and DFW Airport's expansion

This broadcast suits investors, traders, and market followers seeking a fast, multi-angle read on the interplay between Fed policy, AI capital spending, and earnings season. It provides context for interpreting the day's events and the weeks ahead, though viewers should consult primary sources for full details.