Episode Details

Today on The Open Bell: Trump stood at a NATO summit in Ankara and declared the US-Iran ceasefire finished, and oil prices jumped more than five percent within hours, which tells you everything about how fragile the assumption of calm in that region actually was. A South Korean chipmaker called SK Hynix just raised $26.5 billion on the Nasdaq, the biggest US listing by a foreign company ever, and the stock climbed 13% on its first day, so the appetite for anything touching AI-era semiconductors is clearly nowhere near exhausted. Meta is up more than 22% in ten trading days after reports emerged that the company is building its own AI chip, and at some point you have to ask whether the market is pricing in a genuinely new Meta or just getting swept up in the moment. The US added only 57,000 jobs in June, less than half of what forecasters expected, and more than 700,000 people dropped out of the workforce entirely, which is the kind of number that should be making more headlines than it is. And the Federal Reserve's own internal minutes show a committee that's split, with some officials pushing to raise interest rates again even as the jobs market cools, so the idea that rates are on a clear path down is looking shakier by the week. If this show helped you cut through the noise today, a rating on Apple Podcasts or Spotify genuinely helps other people find it. Hosted by Alex Monroe. New episodes every weekday morning at theopenbell.co Not investment advice. For informational purposes only. --- Chapters: 00:00 Introduction 00:27 Trump Declares Iran Ceasefire 'Over' at NATO Summit 02:12 SK Hynix Raises $26.5B in Largest-Ever US Foreign IPO 04:01 Meta Surges 14%-Plus on the Week as AI Chip Plans Emerge 05:38 June Payrolls Miss Badly at 57K; Rate-Hike Bets Cool 07:13 FOMC Minutes Reveal Fed Split; Hawkish Wing Eyes Hike 08:46 Closing thoughts

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