Get a jump start on the US trading day with Matt Miller and Katie Greifeld on "Bloomberg Open Interest." Target is naming long-time insider Michael Fiddelke as its next chief executive officer. He’ll be tasked with turning around the struggling retailer. And Lowe’s makes a $8.8B deal that will help the home improvement retailer cater to more professional customers. And tech troubles mount as Nasdaq struggles to recover from it’s second biggest 1-day drop since April’s tariff shock. And what does it cost to fire a CEO? Bloomberg Big Take crunched the numbers after the high-profile ousters at Nike and Starbucks.
Chapters:
00:00:00 – Open Interest Starts
00:03:55 – Challenging Housing Market Hits Toll Brothers
00:12:50 – HIGH INTEREST
00:19:06 – Nvidia is Most Underowned Megacap Tech Stock | Stephanie Guild, Robinhood Chief Investment Officer
00:32:31 – TOP CALLS
00:34:05 – Target Names Michael Fiddelke as New CEO | Paul Lejuez, Citi Research Senior Analyst
00:44:35 – Citi Investigates HR Complaints Against Wealth Head Andy Sieg
00:49:52 – Investors Expecting a Rate Cut, Maley | Matt Maley, Miller Tabak + Co. Chief Market Strategist
00:58:11 – Market Awaits Jackson Hole Keynote | Sarah Wolfe, Morgan Stanley Wealth Management Senior Economist
01:08:10 – Udemy Pivots to AI Learning | Hugo Sarrazin, Udemy CEO
01:17:24 – Investors Awaiting a Target Turnaround | Michael Baker, D.A. Davidson Senior Research Analyst
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More on Bloomberg Television and Markets
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