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(1253)

Daybreak Weekend: US Housing, Germany Summit, BOK Decision

Daybreak Weekend: US Housing, Germany Summit, BOK Decision

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to US housing data, with a focus on 3 stocks for th...

16 Okt 39min

Rates Debate Heats Up, UK Bank Tax Coming, Luxury’s Unsold Secrets

Rates Debate Heats Up, UK Bank Tax Coming, Luxury’s Unsold Secrets

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Federal Reserve Chairman Kevin Warsh did nothing to dispel market expectations that the US central bank will hold ...

16 Okt 22min

Global Stocks Plunge, Zelenskyy Blasts Musk & Trump, 'Beige' UK Budget

Global Stocks Plunge, Zelenskyy Blasts Musk & Trump, 'Beige' UK Budget

Your morning briefing. All the news you need to start your day.On today's podcast:(1) A global equity selloff deepened as chip stocks plunged on Wall Street and in Asia, further unwinding this year’s ...

15 Okt 25min

OpenAI Spying Arrest, Aramco HQ Bombed, McIlroy Talks LIV Golf

OpenAI Spying Arrest, Aramco HQ Bombed, McIlroy Talks LIV Golf

Your morning briefing. All the news you need to start your day.On today's podcast:(1) An employee at OpenAI was arrested and charged with using a hidden recording device in one of the company’s San Fr...

14 Okt 32min

Global Stock Market Rout, France's Anaemic Growth, Hungary's Euro Bid

Global Stock Market Rout, France's Anaemic Growth, Hungary's Euro Bid

Your morning briefing. All the news you need to start your day.On today's podcast:(1) A global slide in semiconductor stocks deepened, sending South Korea’s chip-heavy equity benchmark down 7% as conc...

13 Okt 21min

Saudi Airport Carnage, Europe Assassin Plot Arrest, France Contagion Risk

Saudi Airport Carnage, Europe Assassin Plot Arrest, France Contagion Risk

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Saudi Arabia’s main airport came under renewed attack from Houthi rebels, a day after a strike on the facility kil...

12 Okt 23min

Daybreak Weekend: US Bank Earnings, Brussels Summit, Japan Sports Day

Daybreak Weekend: US Bank Earnings, Brussels Summit, Japan Sports Day

Bloomberg Daybreak Weekend with Host Nathan Hager 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 U.S bank earnin...

9 Okt 39min

Biggest UK IPO In 5 Years, AI Valuation Fears, Padel’s $300M Bubble

Biggest UK IPO In 5 Years, AI Valuation Fears, Padel’s $300M Bubble

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Mobile payments firm Airtel Money is set to start trading on the London Stock Exchange later on Friday, a listing ...

9 Okt 18min

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