Blowout Jobs Report Jolts Markets | Open Interest 9/4/2026

Get a jump start on the US trading day with Isabelle Lee and Michael Mckee on "Bloomberg Open Interest." Stocks fall and yields jump after a blowout jobs report. White House economic adviser Chris Phelan joins us on the labor market, inflation and rates. Plus, Anthropic moves closer to a mega IPO, OpenAI unveils its latest model, Morgan Stanley cracks down on research shared on X, and Aptera’s Co-CEO joins us on why he's betting on China to build its solar EV. Chapters: 00:00:00 - Open Interest 00:01:18 - Jobs Beat, Labor Market Strength, AI Construction Boom & Fed Implications 00:03:44 - Markets Reprice Fed Hikes, CPI Countdown & Warsh Era Volatility 00:06:58 - Trump, Midterms, Gas Prices & White House Messaging Challenges   00:13:30 - High Interest | Norway Fund Cuts Treasuries, PIMCO Trims Mag 7 & Lululemon Cuts Guidance 00:14:34 - Lululemon's Turnaround Crisis, Product Problems & CEO Challenge 00:19:30 - Greg Boutle BNP Paribas | Jobs Report, Fed Outlook, Equity Positioning & Election Risks 00:31:08 - Top Calls | Lululemon Downgrades, SiriusXM Upgrade & Zscaler Mixed Reviews 00:34:09 - GPT-6 Launch, AI Safety, OpenAI's Future & AI Regulation 00:38:35 - Chris Phelan | White House Response to Jobs Report, Fed Policy & Inflation Debate 00:50:37 - Why a September Rate Hike Is Back on the Table 01:02:08 - Morgan Stanley's X Crackdown, Research Copyright & Wall Street Pushback 01:04:33 - Amy Wu Silverman RBC Capital | Jobs Growth Fuels Fed-Hikes 01:08:18 - Steve Fambro Aptera Motors | Aptera's Solar EV Launch, China Supply Chain & EV Economics 01:11:12 - Steve Fambro Aptera Motors | Aptera's Solar EV Launch, China Supply Chain & EV Economics 01:16:11 - Volkswagen's 50,000 Job Cuts, Germany's Auto Crisis & EV Competition 01:22:39 - GPT-6, Cybersecurity, AI Safety & OpenAI's Competitive Edge 01:24:27 - Anthropic IPO, OpenAI Rivalry & AI's Wealth Creation Moment 01:29:19 - Trump's Midterm Convention, Ken Paxton & Republican Election Strategy -------- 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: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts