Dec 4th, 2025

Meta Cuts Metaverse Unit Budget 30% | Open Interest 12/4/2025

Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Dollar General pops on stronger guidance as deal-hungry shoppers pile in. We'll take a deep dive on bargain-focused retailers. Meta is preparing deep cuts to its metaverse ambitions as Mark Zuckerberg weighs budget reductions of up to 30%. Plus, Rebecca Patterson of CFR joins Bloomberg Open Interest to talk about why she thinks bitcoin contagion risk is alive and well. CORRECT: This video has been edited to correct a graphic to reflect that Meta plans to cut up to 30% of its metaverse efforts. The anchor misstates this information at :50, 1:15 and corrects herself at 20:00.