Apple's China Slump, Meta Shines & Why The BOE May Lag The Fed

Apple's China Slump, Meta Shines & Why The BOE May Lag The Fed

Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:

Apple reported a deepening slump in China during the holiday quarter, even as total iPhone sales were stronger than expected and the company returned to revenue growth.

Meta and Amazon reported better-than-expected earnings on Thursday, sending their stock prices soaring by a combined $270 billion

Bank of England Governor Andrew Bailey has put the British central bank on a clear path to rate cuts. He also gave investors a few reasons to think the journey for policy makers in London may take longer than for those in Washington and Frankfurt.

New York Community Bancorp tumbled for a second straight day as Wall Street downgrades piled up. Regional bank peers slumped as well, with a closely watched index extending its two-day drop to 8%, the most since the sector's tumult in March roiled financial markets.

President Joe Biden is making no secret of his intentions for multiple attacks on an Iran-backed group that killed three US soldiers last week, a strategy that's exposed him to criticism he's giving up the element of surprise.

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Episoder(1231)

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22 Sep 24min

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21 Sep 19min

Daybreak Weekend: US Housing, German Elections & President Xi's US Visit

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18 Sep 39min

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18 Sep 23min

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Your morning briefing. All the news you need to start your day.On today's podcast:(1) A year ago, when Kevin Warsh was angling to lead the Federal Reserve, he called out the central bank for keeping i...

17 Sep 20min

Russia Tests Europe, AI Fears Mount, Germany Preps For War

Russia Tests Europe, AI Fears Mount, Germany Preps For War

Your morning briefing. All the news you need to start your day.On today's podcast: (1) Tensions between Russia and Europe are intensifying after a string of security incidents across the continent. Th...

16 Sep 21min

Nvidia CEO Onstage Trump Call, Space Weapons Deployed, UK Mulls Saudi Support

Nvidia CEO Onstage Trump Call, Space Weapons Deployed, UK Mulls Saudi Support

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Nvidia Chief Executive Officer Jensen Huang took a live phone call from Donald Trump during a panel discussion Mon...

15 Sep 22min

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