Trump's Trade War Upended by Courts; Nvidia Rallies on Upbeat Forecast
On today's podcast: 1) President Donald Trump’s tariff strategy has been thrown into turmoil after a US court issued a rare rebuke blocking many of the import taxes he has threatened and imposed on other countries. 2) Nvidia Corp. Chief Executive Officer Jensen Huang soothed investor fears about a China slowdown by delivering a solid sales forecast, saying that the AI computing market is still poised for “exponential growth.” 3) China blasted the Trump administration’s move to revoke the visas of Chinese students in the US, underscoring the fragility of a recent steadying of ties between the world’s largest economies.See omnystudio.com/listener for privacy information.
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27:09
Musk 'Disappointed' in Trump Tax Bill; Nvidia Earnings On Tap
On today's podcast: 1) Elon Musk expressed dissatisfaction with President Donald Trump’s giant tax bill, saying it undercut his efforts to slash government spending. 2) SpaceX’s colossal Starship rocket suffered a leak, tumbled out of control in space and disintegrated as it hurtled back to Earth during a test flight on Tuesday, the third setback in a row for the Elon Musk-led company. 3) Magnificent Seven stocks are mixed, with US stock futures edging lower, ahead of Nvidia’s earnings report slated for the afternoon.See omnystudio.com/listener for privacy information.
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17:06
US-EU Speed Up Trade Talks; Trump's Latest Harvard Threat
On today's podcast: 1) The European Union said it agreed to accelerate negotiations with the US to avoid a transatlantic trade war, signaling a more amicable approach just days after President Donald Trump criticized the bloc for taking advantage of the US and slow-walking talks. 2) President Donald Trump on Monday threatened to divert billions in grant dollars away from Harvard University and give those funds to trade schools across the US, escalating his clash with the elite institution. 3) HSBC Holdings Plc culled more than two dozen analysts in recent days as Europe’s largest lender deepens a restructuring of its investment banking businesses, according to people familiar with the matter.See omnystudio.com/listener for privacy information.
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17:01
Daybreak Holiday: Markets, Nvidia, Bitcoin
On this special holiday edition of Bloomberg Daybreak US edition, host Nathan Hager speaks with Bloomberg Opinion columnist Barry Ritholtz on what he's watching in markets for the rest of 2025. Also, Mandeep Singh looks at Nvidia and the Magnificent 7 and Mike McGlone breaks down the ceiling for Bitcoin. See omnystudio.com/listener for privacy information.
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38:21
Daybreak Weekend: Nvidia Preview, Poland Election, BOK Decision
Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to GDP and personal spending data, and Nvidia earnings. In the UK – a look ahead to Poland's Presidential run off election. In Asia – a look ahead to the upcoming Bank of Korea decision. See omnystudio.com/listener for privacy information.
South Africa