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The AI Layoff Wave Is Here | Open Interest 11/06/2025
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November 6, 2025
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1:27:13Now PlayingGet a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." AI and cost cutting measures are allowing firms to eliminate more and more jobs -- with October layoffs hitting the highest level in 22 years. Caution over lofty tech valuations lingers as Qualcomm delivers a bullish forecast that fails to impress investors. Disney signs DraftKings as ESPN's new sports-betting partner, replacing a venture it had with Penn Entertainment. And the CEO of SharkNinja and the CFO of e.l.f Beauty join the Bloomberg Open Interest C-Suite with insights into how tariffs are impacting consumer wallets.
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