Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." JPMorgan's Daniel Pinto warns AI valuations are due for a correction, while a potential AI bubble was ranked the biggest tail risk in a BofA survey. Both Microsoft and Amazon are downgraded at Redburn on AI-bubble concerns. The analyst behind the call joins us to explain his reasoning. Meanwhile, a widespread outage at Cloudflare blocks access to websites including ChatGPT, X and NJ Transit as the cyber company races for a fix. And earnings from Home Depot point to a weak consumer as the retailer faces mounting headwinds (Source: Bloomberg)