Episodes
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Daybreak Weekend: Nvidia Earnings, UK Labour Market, APEC Summit
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 Nvidia earnings, with a focus on 3 stocks for the week ahead. They include: Nvidia, Walt Disney, and Walmart. In the UK – a look ahead to UK…
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Nvidia's Jensen Huang Ousted as CEO
Business and finance news from the Asia-Pacific. Nvidia CEO Jensen Huang was ousted from his position on Thursday after multiple romantic affairs, including one with a woman suspected by US officials as a Chinese spy. Asian stocks edged higher as investors weighed the fallout from Nvidia Corp.’s...
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Instant Reaction: Nvidia CEO Jensen Huang Ousted by Nvidia Board
Nvidia Chief Executive Officer Jensen Huang, the preeminent face of the AI infrastructure boom, was ousted from his post after reports of two affairs, including with one woman who is suspected of spying for China. Chief Financial Officer Colette Kress was named interim CEO. The board, which has...
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Nvidia Ready to Oust Huang
Business and finance news from the Asia-Pacific. Nvidia is facing a potential leadership shakeup, with its board considering the future of CEO Jensen Huang and working with an outside firm to identify possible replacements. As part of our special coverage, Bloomberg TV's Heidi Stroud-Watts and...
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Otter.ai Expanding Globally
Business and finance news from the Asia-Pacific Nvidia remains in focus as shares extend their decline and scrutiny grows around CEO Jensen Huang. The company's board has brought in a former federal prosecutor to investigate reports Huang was targeted by Chinese intelligence. We spoke with…
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Citi Plans China Expansion
Business and finance news from the Asia-Pacific Nvidia shares fell as the broader tech sector rallied, with investors weighing the fallout from CEO Jensen Huang's affair with a woman suspected of working for Chinese intelligence. For more on what the controversy could mean for markets, Bloomberg…
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Markets React to Huang News
Business and finance news from the Asia-Pacific. Nvidia CEO Jensen Huang admitted to having an affair with a woman suspected of being a Chinese spy, prompting the Nvidia board to launch an investigation. Huang disclosed the romantic relationship in a memo to employees, saying "I was unfaithful to...
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Daybreak Weekend: US CPI, Ireland Summit, China's Singles Day
Bloomberg Daybreak Weekend with Host John Tucker take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to U.S CPI data, with a focus on 3 stocks for the week ahead. They include: Paramount Skydance (PSKY) Hims & Hers (HIMS) and TakeTwo Interactive…
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AI Slump Deepens In Asia Following US Midterms
Business and finance news from the Asia-Pacific. Asian stocks slumped, with tech bellwether Taiwan dropping the most in more than a year, extending a post-election rout in chipmakers that deepened on Wall Street due to growing concern Democrats will seek tighter regulation of the artificial...
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Equities React to US Midterms, Republican Blame Game
Business and finance news from the Asia-Pacific. Asian stocks were mixed as consumer and financial stocks rose following gains in US equities, while investors rotated away from semiconductor shares. The majority of stocks in the MSCI Asia Pacific Index gained after the S&P 500 Index jumped 1.6%…
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A Conversation with Morgan Stanley CEO Ted Pick and PIMCO CEO Manny Roman
Business and finance news from the Asia-Pacific. The Hong Kong Monetary Authority's fifth edition of the Global Financial Leaders' Investment Summit will convene approximately 280 global financial leaders in Hong Kong, including around 120 group chairpersons and CEOs to discuss key macroeconomic...
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Tech Jitters, Goldman CEO David Solomon on AI Deal Demand
Business and finance news from the Asia-Pacific. Asian stocks fell after a selloff in US chipmakers deepened, overshadowing a plunge in oil prices amid optimism over diplomatic progress toward ending the war in Iran. The yuan weakened. The MSCI Asia Pacific gauge dropped 0.7%, with South Korea's...
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Stock Selloff Eases in Asian Trade, Women Chief Executives Summit
Business and finance news from the Asia-Pacific. A selloff in stocks eased during Asian trading on Monday as regional equities fell less than their Wall Street peers and US equity futures turned higher. Benchmark equity indexes dropped in Japan and Australia, while rising in South Korea and Hong...
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Thinking Capital | Cultural Capital: How do you hone cultural fluency as a competitive advantage? (Sponsored Content)
From the worlds of art and creativity to international business and strategy, this episode explores how cultural fluency can become a competitive edge. Hear from Phyllis Kao, Vice President of Luxury and Auctioneer at Sotheby's; Alan Gilpin, CEO of World Rugby; Judy Liu, co-founder of Trinity…
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Daybreak Weekend: US Jobs, BOE Meeting, RBA Decision
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 October jobs report, along with a focus on 3 stocks for the week ahead. They include: Apple, Palantir and Airbnb. In the UK – a look ahead to...
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Stock Selloff Deepens on Tech Earnings
Business and finance news from the Asia-Pacific. Technology shares led a global stock selloff as another round of disappointing earnings accelerated a rotation out of the artificial intelligence trade and drove investors toward haven assets. Treasuries rallied. Amazon.com Inc. slumped 7.3% in...
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Samsung Chip Profit Misses Estimates, Fed Holds Rates Steady
Business and finance news from the Asia-Pacific. Technology shares fell, snapping this week's rally, after disappointing earnings from two industry heavyweights revived concerns about the billions of dollars companies are pouring into artificial intelligence. Samsung Electronics Co. shares…
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Earnings Special: Alphabet Disappoints Wall Street on Revenue & Income
Alphabet reported quarterly sales and profit in the third quarter that fell short of expectations, a sign that the firm is failing to generate enough return to justify its massive investments in AI. The stock fell in late trading. Google’s parent company said sales, excluding partner payouts…
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SK Hynix Profit Beat, One Earth Summit
Business and finance news from the Asia-Pacific. SK Hynix Inc. unveiled plans to return about $45 billion more to shareholders after profit surged a stronger-than-expected seven-fold, reflecting the resilience of an AI infrastructure rollout that's propelling memory chip demand. The world's...
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Anthropic's IPO Sets Up Defining Moment for Wall Street, AI Boom
Business and finance news from the Asia-Pacific. Anthropic PBC's initial public offering is laying bare the stark extremes of the multi-trillion-dollar AI boom business model: astonishing growth paired with uncertainty about demand and the spending required to continue developing the technology....
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Markets Brace for Earnings, Central Bank Decisions
Business and finance news from the Asia-Pacific. Stocks struggled to recover from a volatile week as investors braced for more earnings from megacap tech companies that will offer clues on whether the recent pressure on the artificial intelligence trade will persist. Treasuries rose as crude oil...
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Daybreak Weekend: US Tech, UK Budget, BOJ Decision
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 next monetary policy decision from the Federal Reserve, along with U.S tech earnings. In the UK – a look ahead to the UK's annual budget. In...
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Tech Stock Selloff Deepens, AI Safety Discussion
Business and finance news from the Asia-Pacific. The global rout in technology stocks this week deepened as investors rotated out of the hottest trade of the year and sought safety in Treasuries and currencies such as the yen. Crude oil extended its gains. After a sharp drop in chip stocks on…
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Meta AI Bet, Tesla Cuts Spending, Barclays Asia Forum
Business and finance news from the Asia-Pacific. Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg told investors that a pricey wager on artificial intelligence is delivering results, setting the stage for the company to bet even more aggressively on the market. During its quarterly...
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Asia Equities Rebound on Strong Earnings, Elice Jumps
Business and finance news from the Asia-Pacific. Asian stocks rebounded after two days of losses and US equity-index futures advanced as strong earnings from some of the biggest beneficiaries of the artificial intelligence boom revived confidence in the tech trade. Crude oil climbed. The Kospi in...
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Asian Stocks Decline in Break From US Chip Rally
Business and finance news from the Asia-Pacific. Asian stocks dropped, diverging from a chip-led rally on Wall Street, as sentiment toward the artificial intelligence trade remained jittery ahead of key earnings this week that will test the strength of gains in the technology sector. The MSCI…
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Earnings Put AI Trade to the Test, Bund Summit Begins
Business and finance news from the Asia-Pacific. US equity-index futures rebounded from last week's chip rout, offering some respite ahead of key earnings that may set the market's direction amid mounting pressure on the artificial intelligence trade. Oil slipped. Asian shares, reacted to that…
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Daybreak Weekend: US Housing, Germany Summit, BOK Decision
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 US housing data, with a focus on 3 stocks for the week ahead. In the UK – a look ahead to a key summit in Berlin. In Asia – a look ahead to a...
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Asia Stocks Rise as Chip Selloff Eases
Business and finance news from the Asia-Pacific. Asian equities rose as dip buyers stepped in following a chip-stock selloff fueled by concerns about the artificial intelligence trade. Crude oil edged lower. MSCI Inc.'s Asia Pacific equities gauge climbed 1%, with five shares advancing for every...
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Chip Rout Deepens, Hot US CPI Raises Fed Rate-Hike Bets
Business and finance news from the Asia-Pacific. A selloff in equities spread to Asia after chip stocks tumbled on Wall Street, as hotter-than-expected US inflation fueled bets on more aggressive Federal Reserve rate hikes. Treasuries rallied. MSCI Inc.'s Asia Pacific equities gauge dropped 1.5%,...
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Stocks Bounce as Tech Rebounds, Bloomberg New Economy Forum
Business and finance news from the Asia-Pacific. Asian stocks rebounded from two days of losses on expectations the Federal Reserve may not need to raise interest rates aggressively next year. The shift in sentiment for stocks came after New York Fed President John Williams said he saw no need…
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AI Trade Comes Under Pressure, IMF-World Bank Annual Meeting
Business and finance news from the Asia-Pacific. Asian stocks declined as the artificial intelligence trade, one of the hottest corners of the market this year, came under renewed pressure ahead of a key earnings season. Elsewhere, Brent crude oil dropped 0.8% to around $105.80 a barrel. A...
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Saudi Airport Hit Again, US CPI Preview
Business and finance news from the Asia-Pacific. Saudi Arabia's main airport came under renewed attack from Houthi rebels, a day after a strike on the facility killed 12 people and heaped pressure on the Middle East's biggest economy as it prepares to host major events that seek to boost foreign...
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Daybreak Weekend: US Bank Earnings, Brussels Summit, Japan Sports 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 U.S CPI and PPI data, along with U.S bank earnings. In the UK – a look ahead to European leaders meeting in Brussels. In Asia – a look ahead to...
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OpenAI Revenue Report Hits Tech
Business and finance news from the Asia-Pacific. Asian stocks dropped, tracking declines on Wall Street, as speculation about OpenAI's revenue revived concerns over the sustainability of the artificial-intelligence spending boom. Oil edged lower. The MSCI Asia Pacific equities index edged 0.1%...
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Stocks Fall on Inflation Worries, Samsung Profit Up Almost Nine-Fold
Business and finance news from the Asia-Pacific. Asian stocks retreated for a second day and Treasuries edged lower as rising oil prices fueled concerns that inflation may stay elevated and nudge central banks to raise interest rates. MSCI's Asia Pacific equities index fell 0.9%, with nine of its...
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Asia Equities Fail to Join US Rally, Milken Institute Asia Summit
Business and finance news from the Asia-Pacific. Asian stocks failed to join a rally on Wall Street that took it to record highs on optimism over earnings outlook. Treasuries dropped as oil climbed. MSCI's Asia Pacific equities gauge fell 0.4%, with the regional benchmark now about 2% from its...
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Big Tech Rally, Chalmers: Higher Bond Yields Will Pressure Aus. Budget
Business and finance news from the Asia-Pacific. Asian shares rose after a tech-led rally sent the Nasdaq 100 Index to a record as equity investors shrugged off concerns about elevated oil prices and multi-decade high bond yields. Treasuries extended losses. MSCI's Asia Pacific equity index added...
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US Eco Data Lowers Rate-Hike Odds; Indonesia Finance Minister Speaks
Business and finance news from the Asia-Pacific. Asian stocks rose after softer US jobs data reduced pressure on the Federal Reserve to keep raising interest rates. Oil erased early gains, while bonds crept higher. MSCI’s Asia Pacific equities index gained 1.1%, with Japan’s Nikkei 225 Stock...
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Daybreak Weekend: US Mortgages, Nobel Prize, China Golden Week
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 U.S Mortgage data, along with a focus on 3 stocks for the week ahead. In the UK – a look ahead to this year’s Nobel Prize decisions. In Asia – a...
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Chinese Consumer Stocks Struggle, Jera Global CEO on New AI Infrastructure Project
Business and finance news from the Asia-Pacific. Under the shadow of Beijing's single-minded focus on artificial intelligence, China's consumer stocks are trapped in a lost decade. The industry is showing a stark contrast with the high-flying tech sector. MSCI China's consumer goods sub-indexes...
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Japan's Biggest Firms Remain Confident, Micron Earnings
Business and finance news from the Asia-Pacific. Confidence among Japan's largest firms remains elevated with sentiment among manufacturers rising to the highest level in more than eight years, a result that suggests the Bank of Japan can continue raising interest rates without buckling corporate...
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Asia Equities Rebound, Trump-AI Leaders Meet
Business and finance news from the Asia-Pacific. Asian stocks gained for the first time in three sessions and bonds steadied after a bruising selloff as traders awaited a crucial US inflation reading for clues on the path of interest rates. The dollar was set for its best month since June. The…
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Bond Selloff Saps Risk Appetite
Business and finance news from the Asia-Pacific. Bond investors got a respite in Asian trading from a bruising selloff after surging oil prices and mounting bets on further Federal Reserve interest-rate hikes drove Treasury yields to multi-year highs. Asian stocks fell. The US 10-year yield held…
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Bonds Slide as Oil Rises on Iran Tensions, RBA Decision Preview
Business and finance news from the Asia-Pacific. Bonds resumed their decline after a brief reprieve as Middle East tensions flared following President Donald Trump's rejection of Iran's latest proposal to reopen the Strait of Hormuz. Oil rose and Asian stocks fell. Oil remains a key driver for...
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Daybreak Weekend: US Jobs, Burnham Conference, RBA Decision
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 September jobs report with a focus on 3 stocks for the week ahead. In the UK – a look ahead to UK Prime Minister Andy Burnham's plans ahead of...
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Bond Losses Build on Inflation, Rate Hike Bets, Trump-Xi Summit
Business and finance news from the Asia-Pacific. The surge in Treasury yields has pushed yield gaps with emerging Asia bonds toward record levels, raising the risk of capital outflows from the region, according to strategists. A selloff in US government bonds deepened this week, with the 30-year...
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Iran President Sends US Defiant Message, Trump Welcomes Xi
Business and finance news from the Asia-Pacific. Iranian President Masoud Pezeshkian said his country won't allow freedom of navigation through the Strait of Hormuz while sanctions and a US blockade remain in place, underscoring the difficulty in reaching a peace deal with Washington despite...
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Tech Leads Asia Gains, Countdown to Trump-Xi Meeting
Business and finance news from the Asia-Pacific. Asian equities started the day stronger after a rally in US chipmakers drove the Nasdaq 100 Index to its first record since June. Meta Platforms Inc.'s new Muse AI agent was again in the spotlight, with Shopify Inc. shares jumping 7.1% after the...
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AI Trade Roars Back, Trump-Xi Lookahead
Business and finance news from the Asia-Pacific. Global AI stocks rallied as early signs of success for Meta Platforms Inc.'s new personal agent revived optimism over chip demand, bolstering the sector after a recent rough patch driven by calls for slower AI development. The rally followed Meta's...