Record Stock Surge, Cooling On Rate Cuts & Russia Buys Friends

Record Stock Surge, Cooling On Rate Cuts & Russia Buys Friends

Your morning briefing, the business news you need in just 15 minutes.
On today's podcast:

(1) Nvidia’s surge to an all-time high is the biggest single-session increase in market value in history, besting Meta’s historic gain just three weeks ago.

(2) Former Treasury Secretary Larry Summers is warning that financial markets are underestimating the risks of political and social turmoil around the world.

(3) Three top Federal Reserve officials hammered home the message Thursday that the US central bank is still on track to cut interest rates this year — just not anytime soon.

(4) Russia is steadily expanding its influence across Africa with arms sales, Kremlin-sponsored beauty pageants and more recently -- free grain.

(5) House of Commons Speaker Lindsay Hoyle faced growing calls from Conservative and Scottish National Party politicians to resign over the chaotic scenes in Parliament

(6) For the first time since 1972, the US is back on the moon.

See omnystudio.com/listener for privacy information.

Episoder(1040)

US Shutdown Nears End, BBC Chiefs Forced Out, Last Solo Broker Standing

US Shutdown Nears End, BBC Chiefs Forced Out, Last Solo Broker Standing

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) The US Senate took a major step toward re-opening the government after a group of moderate Democrats broke w...

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Daybreak Weekend: Disney Earnings, Portugal Web Summit, China Singles’ Day

Daybreak Weekend: Disney Earnings, Portugal Web Summit, China Singles’ 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 earnings from Walt Disney and Paramount-Skydance...

7 Nov 202538min

Musk's $1 Trillion Pay Deal, No AI Bailout Says Altman, Private Schools Chase Cash

Musk's $1 Trillion Pay Deal, No AI Bailout Says Altman, Private Schools Chase Cash

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Tesla shareholders have approved a $1 trillion compensation package for Chief Executive Officer Elon Musk, t...

7 Nov 202519min

BOE Set To Hold Rates, US Court Questions Tariffs, EU Rethinks ESG Rules

BOE Set To Hold Rates, US Court Questions Tariffs, EU Rethinks ESG Rules

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) The Bank of England will likely keep interest rates unchanged today at 4% in what is expected to be a closel...

6 Nov 202528min

Mamdani New NYC Mayor, $500 Billion Chip Selloff, AstraZeneca CEO’s Big Bet

Mamdani New NYC Mayor, $500 Billion Chip Selloff, AstraZeneca CEO’s Big Bet

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Zohran Mamdani was elected the 111th mayor of New York in a historic victory that will put an avowed democra...

5 Nov 202516min

BONUS EPISODE: Reeves Paves Way for Tax Hikes In Pre-Budget Speech

BONUS EPISODE: Reeves Paves Way for Tax Hikes In Pre-Budget Speech

Chancellor of the Exchequer Rachel Reeves declined to reiterate Labour’s manifesto commitment against broad-based tax hikes, as she made an unusual appeal to the British public to support her upcoming...

4 Nov 202518min

CEOs Predict Market Drop, 'Tough But Fair’ Budget, EU Climate Showdown

CEOs Predict Market Drop, 'Tough But Fair’ Budget, EU Climate Showdown

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) The current environment for large mergers and acquisitions is quite “constructive” for 2026 and 2027, partic...

4 Nov 202521min

Oil Rises On Output Shift, Reeves Targets UK Rich, China's Massive Iron Mine

Oil Rises On Output Shift, Reeves Targets UK Rich, China's Massive Iron Mine

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Oil advanced a fourth day after OPEC+ said it planned to pause output increases in the first quarter of 2026...

3 Nov 202516min

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