Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." President Trump takes center stage in a high-stakes prime-time speech as tensions rise with Iran over the Strait of Hormuz. Nike stumbles, warning of a tougher road ahead amid global headwinds. And OpenAI shocks the market with a massive $122 billion funding round, pushing its valuation to a staggering $852 billion. We break it all down with Permira Co-CEO Brian Ruder on volatility and AI disruption, Nissan Americas chief Christian Meunier on tariffs reshaping US manufacturing, and Next Round Capital’s Ken Smythe on why the OpenAI deal may not be what it seems.