OpenAI-Linked Stocks Slump, Oil Tops $110 Again | The Opening Trade 4/28/2026

Shares in OpenAI partners such as SoftBank and Oracle are falling after the Wall Street Journal reported that the AI startup recently failed to meet targets for sales and new users, reviving worries about spending ahead of tech earnings. Brent advanced for a seventh day to $111 a barrel. The White House said President Donald Trump will address a proposal from Iran to reopen Hormuz “very soon”. The dollar rose 0.2%. The yen, meanwhile, reversed gains after Bank of Japan Governor Kazuo Ueda refrained from giving a decisive signal on when interest rates may rise. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)