Meta Layoff Report Sends Stock Higher | Open Interest 3/16/2026

Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." President Trump calls on China and other nations to help secure the Strait of Hormuz as oil surges past $100 a barrel and markets brace for more volatility. Meta jumps on reports of sweeping layoffs, while Nvidia’s AI conference has investors watching for a breakout moment. Plus, Kai Liekefett on rising shareholder activism, and Congressman Jason Smith on the cost of the Iran conflict. (Source: Bloomberg)