Big Tech Soars & Lessons Learned Through Tragedy

Big Tech Soars & Lessons Learned Through Tragedy

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

(1) Microsoft and Google owner Alphabet sent a clear message to investors on Thursday: Our spending on artificial intelligence and cloud computing is paying off. The companies trounced Wall Street estimates with their latest quarterly results, lifted by a surge in cloud revenue — fueled in part by booming use of AI services.

(2) The Bank of Japan held interest rates steady and simplified its language on bond-buying, an outcome that prompted the yen to set a fresh 34-year low amid ongoing concerns of possible currency intervention.

(3) UK consumer confidence edged higher this month as easing inflation and the prospect of further tax cuts made people more willing to spend, a survey found.

(4) Israel is stepping up preparations for a potential all-out war with Hezbollah, as the risk of a devastating new phase in the country's conflict with Iran and its proxy militias grows more acute.

(5) The investor Peter Cowley has a third book out. "Public Success, Private Grief" charts the entrepreneur and angel investor's struggles through alcoholism, the loss of two of his sons and now a terminal cancer diagnosis. He joins us for an exclusive interview to discuss his life and what others can learn from his experiences.

See omnystudio.com/listener for privacy information.

Episoder(1041)

Starmer Gets Brief Reprieve, EU Preps Ukraine Entry, Drilling Europe’s Oil Capital

Starmer Gets Brief Reprieve, EU Preps Ukraine Entry, Drilling Europe’s Oil Capital

Your morning briefing. All the news you need to start your dayOn today's podcast:(1) Keir Starmer’s cabinet members voiced their support for the prime minister on Monday, buying him time to shore up h...

10 Feb 16min

UK's Starmer On The Brink, Japan Election Landslide, Swatch Battles Tough Time

UK's Starmer On The Brink, Japan Election Landslide, Swatch Battles Tough Time

Your morning briefing. All the news you need to start your dayOn today's podcast:(1) Keir Starmer’s future is in the balance after a crisis over the appointment of Peter Mandelson as ambassador to Was...

9 Feb 16min

Daybreak Weekend: US Eco, International Energy Week, Softbank Earnings

Daybreak Weekend: US Eco, International Energy Week, Softbank Earnings

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 S jobs and CPI data, along with a focus on 3 sto...

6 Feb 38min

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 dayOn today's podcast:(1) Amazon shares dropped after the company announced plans to spend $200 billion this year on data centers, chips and ...

6 Feb 22min

Trillion-Dollar Tech Wipeout, Crisis Engulfs UK’s Starmer, Sci-Fi Power Traders

Trillion-Dollar Tech Wipeout, Crisis Engulfs UK’s Starmer, Sci-Fi Power Traders

Your morning briefing. All the news you need to start your dayOn today's podcast:(1) There have been many AI-driven selloffs in the three years since ChatGPT burst into the mainstream. Nothing, though...

5 Feb 18min

$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 dayOn today's podcast:(1) A new AI automation tool from Anthropic PBC sparked a $285 billion rout in stocks across the software, financial se...

4 Feb 17min

$1.25 Trillion Musk Merger, UK Fears ‘Made in Europe’, Reform’s First Big Test

$1.25 Trillion Musk Merger, UK Fears ‘Made in Europe’, Reform’s First Big Test

Your morning briefing. All the news you need to start your dayOn today's podcast:(1) Elon Musk is combining SpaceX and xAI in a deal that values the enlarged entity at $1.25 trillion, as the world’s r...

3 Feb 21min

Epstein Revelations Fallout, Gold Plunge Deepens, Mercedes Luxury Bet

Epstein Revelations Fallout, Gold Plunge Deepens, Mercedes Luxury Bet

Your morning briefing. All the news you need to start your dayOn today's podcast:(1) Peter Mandelson, Britain’s former ambassador to the US, resigned from the UK’s ruling Labour Party to avoid causing...

2 Feb 19min

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