Fed's Powell Speech at Jackson Hole; Meta Poaches Apple AI Executive

Fed's Powell Speech at Jackson Hole; Meta Poaches Apple AI Executive

On today's podcast:
1) US stocks are set to extend this week’s string of losses as investors stay risk-averse ahead of Federal Reserve Chair Jerome Powell’s Jackson Hole address, with markets scaling back bets on imminent rate cuts.
2) Meta Platforms Inc. is hiring another key Apple Inc. artificial intelligence executive, even as the social networking company prepares to slow its recruitment, according to people familiar with the matter.
3) Nvidia Corp. has instructed component suppliers including Samsung Electronics Co. and Amkor Technology Inc. to stop production related to the H20 AI chip, the Information reported, citing unidentified sources.

See omnystudio.com/listener for privacy information.

Episoder(1625)

Trump Calls for Iran De-escalation; Oil and LNG Jump

Trump Calls for Iran De-escalation; Oil and LNG Jump

Today's top stories, with context, in just 15 minutes.On today's podcast:1) President Trump sought to stop attacks on energy facilities in the Middle East after Israel and Iran struck key targets, fue...

19 Mar 15min

Iran Vows Revenge; Trump Says War May End Soon

Iran Vows Revenge; Trump Says War May End Soon

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Iranian attacks on Israel and Arab states in the Persian Gulf continued overnight into Wednesday, while President Donald Tru...

18 Mar 16min

Iran Hits UAE Gas Field; Trump Delays China Summit

Iran Hits UAE Gas Field; Trump Delays China Summit

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Iran set a massive natural gas field in the United Arab Emirates ablaze as it steps up attacks on key energy sites, while US...

17 Mar 15min

Iran Denies it Wants Truce; Trump Presses Allies on Hormuz

Iran Denies it Wants Truce; Trump Presses Allies on Hormuz

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Iran denied US President Donald Trump’s assertion that it wants ceasefire talks, launching fresh attacks across the Persian ...

16 Mar 16min

Daybreak Weekend: Fed Meeting, Europe Central Bank Decisions, Takaichi-Trump Meeting

Daybreak Weekend: Fed Meeting, Europe Central Bank Decisions, Takaichi-Trump Meeting

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 next week’s monetary policy decision from the Fe...

13 Mar 39min

Trump Warns Iran; Hormuz Threat Keeps Oil on Edge

Trump Warns Iran; Hormuz Threat Keeps Oil on Edge

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) US President Donald Trump threatened Iran with further attacks after the Islamic Republic’s new leader signaled defiance a...

13 Mar 15min

Iran Escalates Attacks on Shipping; Oil Prices Keep Rising

Iran Escalates Attacks on Shipping; Oil Prices Keep Rising

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Brent briefly jumped back above $100 a barrel after the Iran war led to more shipping turmoil in the Middle East and China t...

12 Mar 15min

Massive Oil Stockpile Release; Iran Market Volatility

Massive Oil Stockpile Release; Iran Market Volatility

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) The International Energy Agency is proposing a release of emergency oil reserves, according to a person with knowledge of ...

11 Mar 15min

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