Business
Microsoft Wants to Work With OpenAI’s Sam Altman, No Matter Where he is, CEO Nadella Says
Microsoft Chief Executive Officer Satya Nadella says he’s committed to OpenAI co-founder Sam Altman. “Irrespective of where Sam is, he’s working with Microsoft,” Nadella said during an interview with Bloomberg’s Emily Chang.
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Business
Reeves Says UK Won’t Make Iran Decisions Based on US Trade Ties
Rachel Reeves says concerns about a US-UK trade deal can’t affect decisions about combat operations in Iran.
Speaking to Stephanie Flanders, the UK chancellor defended the decision not to back the initial American-Israeli strikes.
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Business
Iran War: Bessent Sanctions Plan Threatens US-China Tensions | Daybreak Europe 8/25/2026
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we’ll tell you what matters for investors in Europe, giving you insight before trading begins.
Treasury Secretary Scott Bessent’s threat to unleash an “economic D-Day” against Iran risks setting the US on a collision course with China, its main trading partner. Bessent promised an “economic onslaught against Iran’s financial connections around the globe” as President Donald Trump tries to wind down his unpopular war in the Middle East.
US stock-index futures gained as pressure on technology shares eased, signaling tentative optimism ahead of key earnings this week that will test confidence in the artificial intelligence trade. Bitcoin advanced to a three-month high.
And Volkswagen CEO Oliver Blume prepared to confront workers over his plans to radically shrink the carmaker, a test of his ability to push through sweeping changes at speed.
Today’s guest: Anna Macdonald, Hargreaves Lansdown, Investment Strategy Director
Chapters:
00:00:00 – Daybreak Europe
00:02:47 – Asian stocks fluctuate as caution builds
00:04:44 – US threatens Iran’s trade partners with sanctions
00:09:59 – Bessent’s Iran threat hinges on willingness to hit China
00:12:30 – Carney: ‘Momentum reversed’ on US trade talks
00:15:35 – Bessent stops short of new bond measures
00:19:38 – Bloomberg Intelligence looks at how Hormuz shock will reshape energy market
00:24:17 – Tuesday headlines
00:26:20 – Front page news
00:27:32 – Anna Macdonald, Hargreaves Lansdown, Investment Strategy Director
00:34:32 – Tuesday top stories
00:36:07 – Volkswagen CEO to present restructuring plan to workers
00:39:34 – Grosvenor’s heat warning for London luxury homes
00:42:00 – Tuesday top stories
00:44:15 – US importing more from Canada than China
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Business
Software Stocks Will Rebound From the Ashes, Malik Says
Saira Malik, Chief Investment Officer at Nuveen, talks about what she wants to hear from Fed Chair Kevin Warsh in Jackson Hole and she explains why she’s bullish on software stocks. Malik speaks on “Bloomberg The Close.”
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Business
Putin Moves to Escalate War in Ukraine, Nvidia Fuels Faith in AI Boom | Opening Trade 8/27/2026
Russia is preparing to escalate attacks on Ukraine after concluding that negotiations for a peace deal have reached a dead end, according to three people close to the Kremlin.
For now, Russia is weighing an intensification of powerful conventional ballistic missile attacks on Kyiv, including the center of the capital, and infrastructure targets in other Ukrainian cities, the people said, asking not to be identified because the matter is sensitive.
Nvidia, the chipmaker at the heart of the artificial intelligence boom, gave a bullish sales outlook for fiscal 2028, easing concerns that AI spending is poised to lose momentum.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie.
Chapters:
00:00:00 – The Opening Trade | 8/27/2026
00:01:22 – Nvidia Bullish Outlook
00:04:18 – Global Inflationary Pressure
00:06:35 – Putin To Escalate War on Ukraine
00:09:07 – Daybook
00:11:26 – Nvidia Outlook ‘Crushes Expectations’
00:13:23 – Chinese AI Ecosystem
00:15:05 – Paul Markham of GAM investments
00:21:35 – Need To Know: Nepal, Fed’s Cook, Meta
00:25:34 – Matthias Reschke of JPMorgan
00:34:23 – Focus on Jackson Hole
00:36:29 – CIA Director’s Visit to Moscow
00:39:14 – MLIV
00:42:54 – Stocks To Watch
00:47:59 – The Market Open
00:50:06 – Stephanie Niven of Ninety One
00:58:49 – Core 6 & Movers
01:03:44 – Nvidia Outlook Boosts AI Optimism
01:05:49 – Meta Settles US Lawsuit
01:08:25 – Pernod Ricard Revised Guidance
01:15:47 – German Minister for Digital & State Modernization Karsten Wildberger
01:24:54 – Exclusive: Lockheed Martin Europe CEO Dennis Goege
01:28:36 – Historic Seasonal Lows for EU Gas Inventories
01:31:34 – Markets Brace for Warsh Speech Friday
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Business
The Deal: Will There Be a Major League Baseball Season Next Year?
The MLB trade deadline is in the rear-view mirror, so Jason Kelly and Alex Rodriguez look forward to the rest of the season and break down the league’s recent contract negotiations with the players. Listen to their full discussion on this week’s episode of The Deal wherever you get your podcasts
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@emilychangtv
December 13, 2023 at 7:21 pm
Thanks so much for watching everyone. This is the wildest story I've covered in my 13 years in Silicon Valley, and talking to Satya made it clear this is a fast-moving situation that could take several more twists and turns. I'm running out of popcorn but will keep trying to bring you the most up-to-date news 🙂
@vinjavarapu
December 13, 2023 at 7:21 pm
Satya Nadella from Hyderabad, India and proud to be great Indian to become Microsoft CEO
@John-ol5vk
December 13, 2023 at 7:21 pm
?
@qinpra
December 13, 2023 at 7:21 pm
3:12 $13 billions of investment and not informed of such a corporate action. Now I wonder if he's stupid or lying??? but I hope he's stupid bcs lying is bad thing 🎉
@fateequinox8196
December 13, 2023 at 7:21 pm
Satya just smoking throughout this interview stating the obvious😂 not sure why everyone is kissing his ass saying he is genius😅 of course he will back who he signed deals with 😂
@Sunil-dl9ep
December 13, 2023 at 7:21 pm
Who will ever want to let go of the golden goose?🤣
@bingebinge3722
December 13, 2023 at 7:21 pm
Great CEO, good interviewer, great interview.
@shesonjose9247
December 13, 2023 at 7:21 pm
Its said that Chess, the strategy game got its origin in India, no wonder he is playing so well that there is no other move left but those with big rewards for Microsoft!! Damn cant say which side to take when Titans like Microsoft and Google will go head on for AI in coming days….
@MrJonKane
December 13, 2023 at 7:21 pm
This was quite a masterful dance by Satya though reading between the lines I think there’s a bit of tactfully smoothing over the fact he initially announced that Sam would be heading a team within Microsoft and he ended up back at OpenAI. It sounds like they already had a strong partnership with OpenAI and Sam and this simply lands them back in the same place but with a new OAI board that will not spring any more surprises like this. Ironically, my read from what Satya said is that Microsoft as an existing partner with OpenAI expected the same level of candid communication from the OAI board that they complained was lacking from Sam. He doesn’t like surprises although he’s proven he can react swiftly to them. Behind the scenes this no doubt has opened doors to a deeper partnership that will hopefully benefit both parties as well as the end users.
@sanlousturk-lu4gw
December 13, 2023 at 7:21 pm
😍😍😍👍
@abhishekshan
December 13, 2023 at 7:21 pm
Imagine how employees are being loyal to a CEO and standing up for him. Would CEOs ever do the same. When Open AI Generative AI's reaches a critical point and 20- 30% of their workforce is no longer required they will lay-off all these employees without notice. This is how corporates are smart at gathering one way loyalty.
@kencunningham3710
December 13, 2023 at 7:21 pm
Why does he have that strange background
@iQ_ui
December 13, 2023 at 7:21 pm
Maybe okay
I though you are 100 trabit Cooling Bactro but
Sirje you are just TAMIL HERO
ARANGE POTKA , RUTKA IPE IPE MENTARA MENTARA
@iQ_ui
December 13, 2023 at 7:21 pm
Right
The Althantic Ocean master
@gandolf9248
December 13, 2023 at 7:21 pm
No one cares
@bahlechonco211
December 13, 2023 at 7:21 pm
Im a Sam stan
@aybee63
December 13, 2023 at 7:21 pm
"And it's 'sort of' roadmap" reveals a deeper thought! 2:17
@freeq5927
December 13, 2023 at 7:21 pm
So, Open AI leadership can not make a correct decision on their CEO, But is highly backed by Microsoft? 😁😁🤪
@cardialart
December 13, 2023 at 7:21 pm
He's back.
@enriqueali
December 13, 2023 at 7:21 pm
Wherever Sam is happiest is where he should be
@thebeautifulanimal
December 13, 2023 at 7:21 pm
Well played Satya Nadella 😅
@ashtv6416
December 13, 2023 at 7:21 pm
This guy is brilliant wow!
@jayantdhole
December 13, 2023 at 7:21 pm
I noriced a SACHIN TENDULKAR's cricket bat.
@Eric_In_SF
December 13, 2023 at 7:21 pm
Genius, chess move! And first, I was impressed with the transparency, but after about halfway realized he was basically letting the board know that open AI was over.
In general, I’ve been super impressed and he’s one of the best things that ever happened to Microsoft
@Gunrun808
December 13, 2023 at 7:21 pm
the open ai saga will make an epic movie
@cutback443
December 13, 2023 at 7:21 pm
Yah neat words. What happened
@terenceayer337
December 13, 2023 at 7:21 pm
As if no one can figure out what's really going on…🙄🙄…It's a political plot reaching foreign shores.
@naranyala_dev
December 13, 2023 at 7:21 pm
Netflix where are you ???
@lenhdenh
December 13, 2023 at 7:21 pm
❤ Great responses to curious inquiries.
@2sridhark
December 13, 2023 at 7:21 pm
My question to Nadella, why are you not committed to at least releasing earlier versions of Office suite free of cost so many students in "resource poor" countries can benefit?
You are just a hypocrite.
When you control AI, it is never going to be an open forum for long.
@crazyfriendist
December 13, 2023 at 7:21 pm
Satya could be mistaken for an alien from distnace with that black shirt and no glasses… His head is way too big for his body , lol🤣🤣
@DavutGURBUZ
December 13, 2023 at 7:21 pm
He speaks like Open AI. Maybe reading from Open AI :p
@resourcejunior7481
December 13, 2023 at 7:21 pm
She asked nothing and he nothing. Just a whole bunch on nothing
@codelessunlimited7701
December 13, 2023 at 7:21 pm
How could Baird AI integrated with Open AI, or they're working with something else.
@Mumbo_Jumbo69
December 13, 2023 at 7:21 pm
Open AI is misnomer because it is not OPEN
@benjaminsalah8389
December 13, 2023 at 7:21 pm
With Microsoft owning 49% of OpenAI it might as well just read "Microsoft fires Sam Altman and Microsoft hires Sam Altman".
@brave3630
December 13, 2023 at 7:21 pm
he talks like a politician
@user-if4sv3xq7s
December 13, 2023 at 7:21 pm
It’s seems the rich folks will do anything to become rich, even if it will take AI to clear out humanity. Sad 😔