$285B Software Wipeout, Bitcoin 'Death Spiral', EU Seeks US Minerals Deal

$285B Software Wipeout, Bitcoin 'Death Spiral', EU Seeks US Minerals Deal

Your morning briefing. All the news you need to start your day

On today's podcast:

(1) A new AI automation tool from Anthropic PBC sparked a $285 billion rout in stocks across the software, financial services and asset management sectors on Tuesday as investors raced to dump shares with even the slightest exposure.

(2) Almost half a trillion dollars has been wiped off cryptocurrencies in less than a week as a selloff led by Bitcoin accelerated. Total crypto market value has slumped by $467.6 billion since Jan. 29, according to CoinGecko data.

(3) The European Union will pitch the US on a critical minerals partnership to curb China’s influence, looking to shape the Trump administration’s push to strike global agreements this week.


(4) London’s Metropolitan Police has started a criminal probe into Peter Mandelson over alleged misconduct in public office, after the UK government said it had referred communications between him and Jeffrey Epstein to the authorities.

(5) Novo Nordisk A/S shocked investors by forecasting a steep decline in sales this year, a sign of how intensifying price wars in obesity drugs and the Trump administration’s pressure on pharmaceutical prices will hit the company’s results.

Podcast Conversation: What happens when the Winter Olympics can’t rely on winter

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Episoder(1174)

Daybreak Weekend: New Home Sales, UK Prime Minister, Japan Marine Day

Daybreak Weekend: New Home Sales, UK Prime Minister, Japan Marine Day

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Trump’s Primetime Claims, Chip Selloff Deepens, Burnham To Greenlight Drilling

Your morning briefing. All the news you need to start your day.On today's podcast:(1) President Donald Trump devoted a prime-time address to reviving unsubstantiated claims that the 2020 election was ...

17 Jul 21min

Economic Peril Warning, Hedge Funds Buy Alpha, England Exit World Cup

Economic Peril Warning, Hedge Funds Buy Alpha, England Exit World Cup

Your morning briefing. All the news you need to start your day.On today's podcast:(1) The global economy faces a renewed challenge if the conflict that’s choked the Strait of Hormuz isn’t resolved in ...

16 Jul 18min

Trump Accelerates War, BOE Warns Burnham, Spain Beats France 2-0

Trump Accelerates War, BOE Warns Burnham, Spain Beats France 2-0

Your morning briefing. All the news you need to start your day.On today's podcast:(1) The US completed an additional round of strikes against Iran hitting dozens of military targets near the Strait o...

15 Jul 19min

US-Iran Truce Collapses, ‘$30M’ Supertanker Fees, Cocaine Empire Exposed

US-Iran Truce Collapses, ‘$30M’ Supertanker Fees, Cocaine Empire Exposed

Your morning briefing. All the news you need to start your day.On today's podcast:(1) The United States has carried out another round of strikes on Iran, after President Trump vowed to hit the country...

14 Jul 18min

Hormuz: Open or Closed? 10K Heat Wave Deaths, Europe Diplomacy In-Tray

Hormuz: Open or Closed? 10K Heat Wave Deaths, Europe Diplomacy In-Tray

Your morning briefing. All the news you need to start your day.On today's podcast:(1) The US launched fresh missile attacks against Iran on Sunday in what has become a pattern of strikes and counterst...

13 Jul 19min

Daybreak Weekend: US CPI, ECB Outlook, South Korea Constitution Day

Daybreak Weekend: US CPI, ECB Outlook, South Korea Constitution Day

Bloomberg Daybreak Weekend with Host John Tucker take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to U.S CPI and PPI data, along with a focus on three...

10 Jul 38min

Burnham’s UK Coronation, Monaco Bomber New Twist, Europe Bakes Again

Burnham’s UK Coronation, Monaco Bomber New Twist, Europe Bakes Again

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Andy Burnham’s path to becoming the next UK prime minister looks certain after a vast majority of Labour MPs forma...

10 Jul 20min

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