Business
Hungary’s Orban tries to block new aid for Ukraine at EU summit
Hungarian Prime Minister Viktor Orban’s push to block funding for Ukraine is set to dictate the outcome of a summit of European Union leaders in Brussels on Thursday and Friday. Ros Mathieson reports on Bloomberg Television.
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Anna Edwards, Tom Mackenzie and Paul Dobson break down today’s key themes for analysts and investors on “Bloomberg: The Opening Trade.”
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Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today’s guests are Dimensional Fund Advisors Founder & Chairman David Booth, T. Rowe Price CEO Rob Sharps, Christian & Timbers Founder & CEO Jeff Christian, New York Life Investment Management Global Market Strategist Julia Hermann, Founder ETFs Partner & Portfolio Manager Michael Monaghan, Evercore Equity Analyst Peter Levine, KIND Snacks Founder Daniel Lubetzky, & ValueEdge Advisors Chair Nell Minow.
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00:00:00 Bloomberg The Close
00:03:02 David Booth on Staying Calm Through Market Volatility
00:06:11 Market Efficiency, Indexing & Why Stock Picking Falls Short
00:09:01 ETFs, Fee Pressure & the Future of Investing
00:12:20 David Booth on Financial Innovation & Building Dimensional
00:16:19 Apple CEO Transition & Market Check
00:18:06 T. Rowe Price CEO Rob Sharps on Private Markets & Retirement
00:20:05 ETFs, Tax Strategies, M&A & Fee Pressure
00:22:25 John Ternus Takes Over as Apple CEO
00:25:35 Jeff Christian on Apple’s AI Talent War & Reinvention
00:29:02 Tim Cook’s New Role & Ternus Builds His Leadership Team
00:33:17 Earnings Preview: Dell, Palo Alto, GitLab & MongoDB
00:36:13 New York Life on Fed Policy, Inflation & Rising Rates
00:39:26 AI Stocks, Financials & Investing in a Higher-Rate World
00:42:39 Closing Bell
00:46:05 Market Mov ers: Apple, GoPro & Atlanta Braves
00:49:46 Dell, Palo Alto & MongoDB Earnings Hit After the Bell
00:53:45 Market Recap: Tech Selloff, Oil & Rising Yields
00:56:46 Dell Earnings Deep Dive: AI Servers & Explosive Growth
01:00:04 AI Spending, Monetization & the Risk of Over investment
01:03:11 Palo Alto Networks Earnings & AI Cybersecurity
01:07:50 KIND Founder Daniel Lubetzky on Entrepreneurship & Failure
01:11:25 Wellness, Longevity, GLP-1s & Consumer Brands
01:14:43 Shark Tank, Brand Building & Betting on Entrepreneurs
01:18:08 Daniel Lubetzky on Builders, Politics & His New Podcast
01:20:50 Anthropic IPO: Governance, Voting Rights & Investor Risk
01:24:03 Founder Control, AI Backlash & Corporate Governance
01:28:07 What to Watch
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Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today’s guests are Barings Head ofMulti-Asset Solutions Trevor Slaven, Ciena President & CEO Gary Smith, Skyworks Chair Chris King, S&P Global Global Head of Quantitative Research and Solutions Daniel Sandberg, OpenAI CEO & Co-Founder Sam Altman, UBS Alignment Partners Managing Director, Wealth Management Alli McCartney, SW Retail Advisors President & Founder Stacey Widlitz, Sports Agent Leigh Steinberg, Zumba Fitness CEO & Co-Founder Alberto Perlman, & Daydream Founder & CEO Julie Bornstein.
Chapters:
00:00:00 Bloomberg The Close
00:03:03 AI Capex, Economic Growth & the Labor Market
00:05:58 Treasury Supply, Hyperscaler Debt & Market Risks
00:08:31 Ciena CEO on AI Infrastructure & Optical Networking
00:12:05 Ciena’s Supply Constraints & 2027 Growth Outlook
00:14:08 Semiconductor Pioneer Christine King on the AI Chip Boom
00:17:06 Custom Silicon, U.S.-China Competition & Chip Supply
00:20:13 AI Financing & the Semiconductor Supercycle
00:23:02 S&P Global on the Trillion-Dollar AI Capex Boom
00:26:00 OpenAI CEO Sam Altman on Astra & the Road to AGI
00:29:05 Astra’s Safety Guardrails & Cybersecurity Risks
00:32:36 Sam Altman on AI Safety, Autonomy & Public Trust
00:36:28 AI Pricing, Accessibility & OpenAI’s Long-Term Strategy
00:39:07 Breaking Down Sam Altman’s Astra Interview
00:42:03 OpenAI’s IPO Prospects & the Cost of Building AI
00:44:58 UBS on Earnings Growth, Rates & Global Markets
00:48:39 Gold, Bonds & Positioning for Market Risks
00:54:40 Market Movers: Ciena, Victoria’s Secret & Campbell’s
00:57:00 Oura Files for IPO & Lululemon Earnings Disappoint
01:00:17 Zscaler & DocuSign Earnings Move After the Bell
01:03:30 Lululemon’s Turnaround, Product Problems & New CEO
01:06:36 Competition, Discounting & Lululemon’s Brand Challenges
01:10:35 Adobe Names New CEO as AI Disruption Looms
01:12:04 OpenAI’s Astra Guardrails & Adobe’s AI Challenge
01:15:45 Leigh Steinberg on NIL, College Football & NCAA Reform
01:19:37 U.S. Open Ticket Prices, Clippers Fallout & WNBA
01:23:22 Zumba CEO on 25 Years of Fitness & Global Growth
01:26:12 Zumba’s Business Model, Fitness Boom & Future Plans
01:29:13 Daydream CEO on AI-Powered Back-to-School Shopping
01:32:19 AI Shopping, Personalization & Consumer Trust
01:34:48 August Jobs Report Preview
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SK Hynix has opened an investigation into the use of its chips in the latest phone from Huawei Technologies Co., after a teardown of the device revealed its memory and flash storage inside. Vlad Savov reports on Bloomberg Television.
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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.
The conflict between the US and Iran escalated sharply, with American forces carrying out a fresh wave of strikes and Iran saying it had retaliated.
The renewed fighting in the Middle East drove oil prices higher, fueling inflation fears and expectations for tighter monetary policy. Stocks, bonds and gold slumped.
And Ukrainian President Volodymyr Zelenskyy warned airlines to avoid Russian airspace as he threatened to respond to Moscow’s escalating missile attacks by crowding its skies with drones.
Chapters:
00:00:00 – Daybreak Europe
00:01:04 – Stocks, Bonds Extend Losses as Oil Gains on Iran
00:03:47 – BOJ Board Hawk Takata Leaves Door Open for Outsized Rate Hike
00:08:15 – Oil Extends Gain as Fresh US-Iran Attacks Cloud Hormuz Reopening
00:14:04 – Nvidia Said to Near $14B Hugging Face Deal This Week
00:18:55 – European Natural Gas Futures Surge to Highest Since January 2023
00:20:49 – Diesel Jumps to Four-Month High
00:23:54 – US-Iran Conflict Intensifies
00:29:08 – Bessent Says China Prevented Unanimous G20 Joint Communique
00:32:29 – Iran Uses Xi-Putin Bloc to Counter US Pressure
00:35:57 – Russia Bombards Kyiv With Drones and Missiles
00:40:56 – Burnham Prepares for First PMQs
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@gran3241
December 19, 2023 at 5:15 am
The west does not tolerate free thinking by any of its members. Anyone who doesn’t go along with their schemes will not be able to vote. That is one way to enforce democracy!
@Life_Newyorkcity
December 19, 2023 at 5:15 am
Stupid NATO leaders, EUR people, don't you see that Hungarian Prime Minister Orban Viktor is pro-Putin? Because Orb Viktor was close to Putin, Putin and he agreed that if Orb Viktor could prevent Western countries from donating money and ammunition to Ukraine or prevent Ukraine from joining the EU or joining NATO. Then after Putin plundered Ukraine's territory, Putin would give Orb Viktor many valuable rewards, and in the end Mr. Orb Viktor was a henchman of the Kremlin, Orb Viktor was a puppet of Russia, he deliberately let Russia to steal Ukraine's territory, then Orban Viktor is an accomplice, an accomplice of Putin, the conclusion is: let's kick Hungary out of the NATO alliance, Orb Viktor is a dirty, dirty person, let's exclude Hungary from the European alliance. oh, Orban Viktor he is a very hateful person
@billybunter5575
December 19, 2023 at 5:15 am
cant people see this man is working for russia he is a russian spy thats why he is blocking aid to ukraine .
@kostanikos6710
December 19, 2023 at 5:15 am
To expel from the European Union these cunning and vile people, led by Putin's lackey
@ennoth1055
December 19, 2023 at 5:15 am
Hungary should be excluded from the European Union!
@edmondscott7444
December 19, 2023 at 5:15 am
RIP Imre Nagy and others.
@sterlingd9035
December 19, 2023 at 5:15 am
Sick people That country is just in Putin's Hands as Republicans and yrump are
@kevoreilly6557
December 19, 2023 at 5:15 am
Hungary are in violation of key EU Mandates – their voting rights should be suspended until they comply
@user-rb1yf4he9q
December 19, 2023 at 5:15 am
Was his father a toad? Because he sure looks like something that lives in a swamp.
@michaeloconnor2603
December 19, 2023 at 5:15 am
Orban is stoge of Putin…what a kcunt…kick him out of the EU…we dont need this prick in the EU..
@tokajileo5928
December 19, 2023 at 5:15 am
You do knot know what is behind this. Most of Ukrainian land are now purchased, owned by US interests and to open the EU market for the grains, agricultural goods produced in Ukraine is a strong interest of USA therefore the bought politicians of EU are pushing for Ukraine joining EU and so to access the internal market without limits. Serbia has more advanced conditions yest still not EU member, and Ukraine which is extremely corrupt, is in war, ruined economy, not meeting any preconditions, legally unfit, managed to reach a status in 1 year what Serbia did in 6 years. If Ukraine joins EU, French farmers will be the first to burn down Paris, the Polish then the others.
@racer0652
December 19, 2023 at 5:15 am
Greetings from Poland for Orban
@nickro7722
December 19, 2023 at 5:15 am
Hajra Magyarorszag !!!!
@stakpaper2086
December 19, 2023 at 5:15 am
Same guy that has ties with Putin look at his face looks like a scum
@jocika022
December 19, 2023 at 5:15 am
I like the 'tries' in the title of your video! He didn't 'try,' he blocked it =)
@gerwinbitter4968
December 19, 2023 at 5:15 am
The pig is in Putin's pocket, what do you expect!
@heinzjacobs7046
December 19, 2023 at 5:15 am
Control is critical, but one starts wondering how Putin friend Orban is instructed to cause all this trouble… 😂 Maybe Hungary should consider leaving the EU 🤔 Currently Ukraine contributes much more to our freedom and democracy than any other EU nation.👍💫🍀
@user-qi5vf2ws8t
December 19, 2023 at 5:15 am
Orban knows about US intentions. If Ukraine cannot join NATO for now, if it is part of the European Union, the territory will be free for American transit on the border with Russia. And Ukraine adds another burden to Europe. Finland had no reason for joining NATO. No threat. But it is in the US interest to surround Russia on all sides. They forget that the closer they get to Russia, they also become the first targets
@calinkln-enduroalba7507
December 19, 2023 at 5:15 am
goodjob, Viktor!
@Morpheus707
December 19, 2023 at 5:15 am
As they should they just keep asking for money and not showing a game plan Zelenskyy has bought property and assets with the money the us has supplied him he’s an actor and not a true leader expose him for what he is!
@falc56
December 19, 2023 at 5:15 am
Hungary needs to take a long hard look at itself and read where the future is heading, if we have a future at all…………….
@ericlim428
December 19, 2023 at 5:15 am
Good if nation bring good to EU . But Admiting Eukraine brings Burdens and Deathtraps to EU ? Eukr had Almost Bankrupt US n Allies , what will Happen if Getting into EU will do More Harms then Good . Esp when They Are So Corrupted !!!
@clintvan9715
December 19, 2023 at 5:15 am
Yes yes yes RESPECT TO HUNGARY NOT PUSSYCATS LIKE EUROPE POLITICIANS WELL DONE OTS ABOUT TIME ENOUGH MONEY FOR THIS STUPID SUPPORT BETTER HELP FAMILIRS INSTEAD NOT FOR POLITICIANS GAINS
@paulvanessche1430
December 19, 2023 at 5:15 am
Corrupt errand boys can be found everywhere…………., even here.
@christietang3985
December 19, 2023 at 5:15 am
Correction no funds Ukraine does not have a place for everyone's budgets
@billybunter5575
December 19, 2023 at 5:15 am
hungary should not be in the eu because hungary is working for the russians thats why hungary is blocking the aid never did trust that country let the cia investigate hungary they will find out.
@asdasd-fu4ow
December 19, 2023 at 5:15 am
Good decision
@viktoriyaoleksenko2993
December 19, 2023 at 5:15 am
Orban assassino
@davidnorman4748
December 19, 2023 at 5:15 am
This is why the UK left the EU
@Merlinke91
December 19, 2023 at 5:15 am
We dont need ukraine in the EU! That 50 billion belongs to the EU members, not to ukraine! Zelensky needs to make peace, we have to stop funding the war!
@davidware9549
December 19, 2023 at 5:15 am
Well the could just give each country money and then they can send it to Ukraine there’s nothing Hungary can do about that !
@yvonnebb961
December 19, 2023 at 5:15 am
orban hungary is a coward
@Jaujau933
December 19, 2023 at 5:15 am
Orban what a FOOL
@andraspapp6753
December 19, 2023 at 5:15 am
In his childhood his was abused by his father. Now the soul of this abused child fights against his father. This is a clinical case.
@mitqo8146
December 19, 2023 at 5:15 am
Nothing unusual from this Putin puppet loser
@gopnikchav6427
December 19, 2023 at 5:15 am
As one European citizen F*ck off Nazi EU and Ukrain! Welcome Russia!