Nvidia Drops as Markets Look Past Forecast; CDC Firing Uproar

Nvidia Drops as Markets Look Past Forecast; CDC Firing Uproar

On today's podcast:
1) Nvidia shares drop after the chip giant signals a slowdown in A-I spending. Meanwhile, markets shrug off the Nvidia disappointment and trade near record highs. Stocks shook off an initial drag from Nvidia Corp.’s sales outlook missing lofty expectations, indicating that momentum behind the record-breaking rally remains intact. The yield on 30-year Treasuries fell four basis points to 4.89% as pressure on long-dated debt eased, and European bonds staged a broad advance.
2) US companies plan to buy back shares at a historic pace, a sign of Corporate America’s confidence in the economy. Announced buybacks surpassed $1 trillion on Aug. 20, marking the shortest amount of time needed to reach that level, according to data compiled by Birinyi Associates.
3) The head of the CDC is fired in a dispute over Robert F. Kennedy Jr.'s vaccine policy. The Trump administration fired CDC Director Susan Monarez just weeks into her tenure, and at least three senior CDC leaders, including Demetre Daskalakis, Deb Houry, and Dan Jernigan, told coworkers they were resigning, citing reasons such as the "weaponizing of public health." The removal of Monarez and the resignations of senior leaders have intensified concerns about scientific integrity at the public health agency and underscore the growing distrust between many longtime agency scientists and Secretary Kennedy.

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Episoder(1662)

Trump: War To End Within 2-3 Weeks; Birthright Citizenship Hearing

Trump: War To End Within 2-3 Weeks; Birthright Citizenship Hearing

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Trump Reportedly Weighs War Exit; US Fuel Prices Soar

Trump Reportedly Weighs War Exit; US Fuel Prices Soar

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Iran hit a fully laden Kuwaiti oil tanker off Dubai in a drone attack, a sign it’s willing to escalate strikes on energy sit...

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No End of War in Sight; Oil Hits $116 a Barrel

No End of War in Sight; Oil Hits $116 a Barrel

Today's top stories, with context, in just 15 minutes.On today's podcast:1) US and Israeli forces pressed ahead with attacks on Iran while the Islamic Republic launched missiles across the Persian Gul...

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Evolving Money: Diversifying with Digital Assets (Sponsored Content)

Evolving Money: Diversifying with Digital Assets (Sponsored Content)

If you want to build a diversified portfolio, you need to assemble assets that respond to different return drivers. Digital assets can play a central role. For starters, cryptocurrencies like bitcoin ...

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Daybreak Weekend: US Jobs, South Africa Conference, South Korea Shareholder Meetings

Daybreak Weekend: US Jobs, South Africa Conference, South Korea Shareholder Meetings

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 the March jobs report in the U.S and a focus on ...

27 Mar 37min

Senate Votes to Fund TSA; Trump Delays Iran Deadline

Senate Votes to Fund TSA; Trump Delays Iran Deadline

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The Senate passed legislation early Friday to fund most of the Department of Homeland Security, forging a path to end a leng...

27 Mar 15min

US, Iran Argue Over Terms; Airline Fares Surge in Europe & Asia

US, Iran Argue Over Terms; Airline Fares Surge in Europe & Asia

Today's top stories, with context, in just 15 minutes.On today's podcast:1) The White House has insisted that peace talks with Iran are ongoing, even as Tehran publicly rejected US overtures and issue...

26 Mar 13min

Trump's 15-Point Peace Plan; Flight Prices Set to Rise

Trump's 15-Point Peace Plan; Flight Prices Set to Rise

Today's top stories, with context, in just 15 minutes.On today's podcast:1) Iran kept up missiles and drone attacks on Arab Gulf states and Israel overnight, after the US floated a proposal to end a w...

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