Krispy Creme, Wendy’s Join the Latest Meme-Craze | Open Interest 7/23/2025

Get a jump start on the US trading day with Matt Miller, Katie Greifeld and Sonali Basak on "Bloomberg Open Interest." Auto stocks are surging after President Trump said Japan will open up its market for autos and rice. The meme stock frenzy is back with companies like Wendy’s and Krispy Kreme spiking, analysts say the market is in a phase of euphoria and retail traders are eager to get into the action. Bob Mumgaard, CEO of Google backed Commonwealth Fusion Systems, joins Open Interest to discuss the future of harnessing energy from the stars.

Chapters:
00:00:00 – Open Interest Starts
00:02:44 – Auto Stocks Surge on US-Japan Trade Deal
00:05:08 – Trump Strikes Deal with Japan | Sen. Bill Hagerty (R) Tennessee
00:16:16 – HIGH INTEREST
00:17:29 – Meme Stock Mania
00:26:20 – Meme Stocks Stage Comeback | Nimrit Kang, NorthStar Asset Management Chief Investment Officer
00:34:06 – TOP CALLS
00:35:14 – High Bar for Alphabet Earning | Michael Nathanson, Moffett Nathanson Senior Analyst
00:51:26 – Tech Eearnings Front and Center | Anastasia Amoroso, Partners Group Chief Investment Strategist
00:58:57 – HIGH INTEREST
01:00:04 – Trade Optimism, Dollar Pessimism and Private Markets | David Gross, Bain Capital Co-Managing Partner
01:08:38 – Google Bets on Fusion Future | Bob Mumgaard, Commonwealth Fusion Systems CEO
01:18:35 – Tesla and Alphabet Kick off Mag-7 Earnings | Sarah Kunst, Cleo Capital Managing Director & Founder
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