Cover of The Open Bell — Ep. 080 — 12 Oct 2026

The Open Bell — Ep. 080 — 12 Oct 2026

The Open Bell — Ep. 080 — 12 Oct 2026

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Today on The Open Bell: Trump announced an "energy ceasefire" between Russia and Ukraine on Sunday, oil dropped below $104 a barrel on the news, and Ukraine said Russian strikes on its power grid had already resumed by Monday morning. A Chinese state-backed chipmaker just disclosed a next-generation memory chip design that sent Samsung shares down more than 3%, and if you think the chip war was already tense, CXMT says it wants these in servers before the end of the year. OpenAI accidentally overstated its own revenue by $18 billion last week, briefly erasing hundreds of billions in value from the Nasdaq, the tech index tracking America's biggest growth companies, before a correction put the number closer to right, which raises a question the correction itself doesn't answer: how does a number that size get wrong in the first place? If this helped you make sense of today, a rating on Apple Podcasts or Spotify takes about ten seconds and helps the next listener find us. New episodes every weekday morning at theopenbell.co Not investment advice. For informational purposes only. --- Chapters: 00:00 Introduction 00:13 Trump energy ceasefire sends oil below $104 but Houthi doubt 03:21 China's CXMT chip breakthrough sends Samsung and SK Hynix sh 06:06 OpenAI revenue correction sparks tech rebound after Nasdaq's 07:42 Closing thoughts

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