Stratospheric AI Spending, Starmer In Political Peril, Ferrero’s Breakfast Bid

Stratospheric AI Spending, Starmer In Political Peril, Ferrero’s Breakfast Bid

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

On today's podcast:

(1) Amazon shares dropped after the company announced plans to spend $200 billion this year on data centers, chips and other equipment, worrying investors that its colossal bet on artificial intelligence may not pay off in the long run

For More on this story you can read Vlad Savov's newsletter here

(2) All across Wall Street, day by day, the headlong rush into the most popular trades, from tech stocks to gold to cryptocurrencies, has given way to a sudden retreat from risk.

(3) Bitcoin whipsawed in a volatile trading session in Asia after a selloff that briefly dragged the token to a more than 50% retreat from its October peak.

(4) Bank of England Governor Andrew Bailey appeared to endorse markets betting on a 50% chance of an interest-rate cut in March after a more dovish-than-expected decision to maintain the cost of borrowing this month.

(5) The euro zone will need time to see further productivity gains from an AI-related investment boom, European Central Bank President Christine Lagarde said.

Podcast Conversation:At $7,700 a Day, Aman’s Cruises Test Travelers’ Price Limits

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Episoder(1072)

Gulf States Weigh Joining War, Iran Denies Trump Talks, EU-Australia Trade Deal

Gulf States Weigh Joining War, Iran Denies Trump Talks, EU-Australia Trade Deal

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Oil resumed gains — paring a steep drop from Monday — on concern that other nations may be drawn into the Middle E...

24 Mar 21min

War Triggers Global Selloff, Trump’s 48h Deadline, Watching Iran From Afar

War Triggers Global Selloff, Trump’s 48h Deadline, Watching Iran From Afar

Your morning briefing. All the news you need to start your day.On today's podcast:(1) A selloff in stocks, gold and bonds deepened as the US and Iran hardened their rhetoric and signaled a potential e...

23 Mar 25min

Bloomberg Daybreak: Mortgage Rates, Denmark Election, BYD Earnings

Bloomberg Daybreak: Mortgage Rates, Denmark Election, BYD Earnings

Bloomberg Daybreak Weekend with Host Alexis Christoforous take a look at some of the stories we'll be tracking in the coming week. In the US – a look at to what we can expect for mortgage rates in 2...

21 Mar 38min

Oil Whiplash As War Rages, European Energy Squeeze, Trump Still Wants Greenland

Oil Whiplash As War Rages, European Energy Squeeze, Trump Still Wants Greenland

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Oil dropped from its highest close since July 2022, as the leaders of the US and Israel sought to reassure investo...

20 Mar 19min

Gas Price Jumps 35%, Energy Inflation Fears, Navigating War Insurance

Gas Price Jumps 35%, Energy Inflation Fears, Navigating War Insurance

Your morning briefing. All the news you need to start your day.On today's podcast:(1) European natural gas prices surged after Iranian missile strikes caused damage to the world’s largest liquefied na...

19 Mar 32min

Europe Says No To Trump, Iran Diplomacy Hope Dims, Cathie Wood Talks AI & War

Europe Says No To Trump, Iran Diplomacy Hope Dims, Cathie Wood Talks AI & War

Your morning briefing. All the news you need to start your day.On today's podcast:(1) US President Donald Trump abandoned his effort to recruit partners for the war with Iran and scolded allies who op...

18 Mar 23min

Iran Bombs Energy Supplies, Nvidia'a $1T AI Forecast, Market Complacency

Iran Bombs Energy Supplies, Nvidia'a $1T AI Forecast, Market Complacency

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Iran stepped up attacks on energy infrastructure around the Persian Gulf and set a massive gas field ablaze, addin...

17 Mar 21min

Trump ‘Demanding’ Help, Iran Tests NATO Defences, Global Fuel Crisis

Trump ‘Demanding’ Help, Iran Tests NATO Defences, Global Fuel Crisis

Your morning briefing. All the news you need to start your day.On today's podcast:(1) US President Donald Trump said he is “demanding” that other countries contribute to the defense of the Strait of H...

16 Mar 18min

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