The Open Bell — Ep. 087 — 21 Oct 2026
Today on The Open Bell:
A Korean AI company just had the worst opening-day performance in modern Korean stock market history, and within hours that single Seoul trading floor was enough to drag US futures into the red, which tells you everything about how thin the confidence underneath the AI trade actually is right now.
The US housing market's September numbers came out and they weren't just soft, they were a signal: home starts fell more than five percent and contracts to buy existing homes dropped at fourteen times the rate economists were penciling in, which means the dream of rates coming down and unlocking the market is still just that, a dream, for anyone sitting on the sidelines waiting to buy.
Netflix put up its best profit margins in years, beat on earnings, matched on revenue, and still watched its stock drop six percent because the ad business it's been promising investors is taking longer than expected to materialise, and that gap between "the fundamentals are fine" and "the stock got punished anyway" is the story every streaming subscriber and shareholder should be paying attention to.
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New episodes every weekday morning at theopenbell.co
Not investment advice. For informational purposes only.
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Chapters: 00:00 Introduction 00:12 Korean AI Firm Elice Crashes 32% on Debut, Rattling Global T 03:23 US September Housing Starts Fall 5.2%, Pending Sales Drop 7. 05:48 Netflix Shares Tumble 6% as Ad Revenue Miss Overshadows Soli 07:39 Closing thoughts