Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Warner Bros. is back at the table with Paramount — and Netflix could be forced into another bidding war. Activists are circling: Starboard targets TripAdvisor, Elliott builds a major stake in Norwegian Cruise Line, and Jana is pushing for change at Fiserv. Meanwhile, Anthropic and the Pentagon hit turbulence over surveillance fears — just as investors dump software stocks on AI anxiety. And on Wall Street? The new trade isn’t tech — it’s teams. Goldman Sachs says sports could be the next asset class.