Reuters Morning Bid

After months of optimism, markets are suddenly uneasy about who actually benefits from AI. With the monthly jobs report delayed, layoff notices and claims hint at a softer jobs market — and a $49 weight‑loss pill undercuts one of Europe’s biggest companies. 

Today’s recommended read: China tightens clean tech grip with growing EV export reach, by Gavin Maguire

Produced by Eliza Davis Beard, Ethan Plotkin, and Abisoye Adelusi

Sound engineering and music by Sebastian and Josh Sommer

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Crypto prices slip alongside a broad tech sell‑off, blurring the line between Bitcoin and risk assets — plus the ECB weighs its next move.

Today’s recommended read: US inflation isn't subsiding. It's heating up again, by Mike Dolan

Produced by Eliza Davis Beard, Ethan Plotkin, and Abisoye Adelusi

Sound engineering and music by Sebastian and Josh Sommer

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A new AI release rattled software stocks and wiped billions off company values. Walmart’s trillion‑dollar milestone, and the signs the global economy may be heating up again.

Today’s recommended read: Warning from 'Down Under' may unsettle the Fed by Mike Dolan

Subscribe to Mike Dolan's Morning Bid newsletter, and check out his columns on Reuters Open Interest

Produced by Eliza Davis Beard, Ethan Plotkin, and Abisoye Adelusi

Sound engineering and music by Sebastian and Josh Sommer

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OpenAI is reportedly unhappy with Nvidia’s newest chips, while Musk combines SpaceX and X‑AI into a trillion‑dollar IPO vehicle. Tariff cuts send the rupee and Indian stocks higher, but doubts remain over India’s pledge to ramp up U.S. imports and shift away from Russian crude.

Today’s recommended read: Dollar risk premium is rebuilding by Mike Dolan

Subscribe to Mike Dolan's Morning Bid newsletter, and check out his columns on Reuters Open Interest

Produced by Eliza Davis Beard, Ethan Plotkin, and Abisoye Adelusi

Sound engineering and music by Sebastian and Josh Sommer

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Donald Trump’s nominee for the Federal Reserve is no fan of the central bank’s quantitative easing policy. Mike Dolan and Anna Szymanski join today’s Morning Bid to explain why Kevin Warsh’s concerns over the Fed's balance sheet might be rippling through markets everything from gold to oil to crypto. 

Today’s recommended read: How soon before Trump dubs Kevin Warsh 'clueless'? by Mike Dolan

Subscribe to Mike Dolan's Morning Bid newsletter, and check out his columns on Reuters Open Interest

Produced by Eliza Davis Beard, Ethan Plotkin, and Abisoye Adelusi

Sound engineering and music by Sebastian and Josh Sommer

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