Business
China’s Market Weakness May Continue: BofA’s Wu
Winnie Wu, China equity strategist at BofA Securities, discusses the selloff in Chinese equities, market risks and her investment strategy. She speaks on Bloomberg Television.
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Gregory Allen, senior adviser at CSIS Wadhwani AI Center, examines the capabilities of Anthropic’s Mythos model and how AI is being used by the US military to intensify strikes in the Iran war.
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Ferrari’s first fully electric car is already dividing fans. Critics say the $640000 EV looks more like a Nissan Leaf or “a bar of soap” …
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On this episode of the Odd Lots podcast, Ashley Palmer-Watts, co-founder of famed London pub, The Devonshire, joins Tracy Alloway and Joe Weisenthal to discuss why even as inflation continues to rise, higher ingredient costs (whether it’s beef or scallops) don’t always correlate to higher menu prices and whether TV shows like The Bear are a realistic take on the restaurant business.
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French artificial intelligence startup Mistral AI is expanding into advanced manufacturing, striking deals with new customers Airbus and BMW as it looks to so-called physical AI to fuel growth. Mistral is also announcing a new data centre in France. The CEO and co-founder Arthur Mensch spoke with Bloomberg’s Tom Mackenzie from Paris.
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Business
Iran War: US Launches Strikes as Trump Rejects Easing Sanctions | Daybreak Europe 05/28/2026
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.
Stocks and bonds fell while oil climbed after the US carried out airstrikes on an Iranian military site and imposed new sanctions to prevent Tehran from profiting from vessels transiting the Strait of Hormuz, highlighting the fragility of recent diplomatic momentum.
Salesforce gave a revenue outlook for the current period that fell just short of analysts’ estimates, unnerving investors already concerned about the possibility that artificial intelligence will disrupt the software business.
Plus, Snowflake shares jumped almost 30% in late trading after the software maker gave a stronger-than-expected annual outlook and signed a $6 billion multiyear agreement to use Amazon’s cloud services and chips.
Today’s guest: Trevor Charsley, Corpay, Senior Technical Strategist.
Chapters:
00:00:00 – Daybreak Europe
00:00:54 – Stocks Slip on New Iran Strikes
00:03:05 – Trump Threatens to ‘Blow Up’ Oman
00:11:40 – Snowflake Jumps 30% on Sales Outlook, $6 Billion Amazon Deal
00:15:09 – Yardeni: Earnings Drive Rally, Watch Pullback
00:18:46 – Oil Rises on Iran Strikes, Stocks Drop With Bonds
00:22:46 – ECB’s Guindos: Inflation Expectations Well Anchored
00:26:42 – Cook: Risks Tilted Toward Higher Inflation
00:30:04 – US Strikes Iran Targets as Trump Vows to ‘Watch Over’ Hormuz
00:33:29 – Trevor Charsley, Corpay, Senior Technical Strategist
00:41:02 – Former UK Prime Minister Tony Blair Criticizes Labour Party
00:43:44 – Blair Argues Labour Has no Coherent Plan for UK
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@tongchen1226
January 31, 2024 at 12:18 pm
Oh nice. picked the bottom.
@salomonquijada7144
January 31, 2024 at 12:18 pm
"May continue"???
…as surely as the sun may come up tomorrow.
@JB-mn2gu
January 31, 2024 at 12:18 pm
Here’s a china strategy, get out of china before everything is confiscated by the ccp
@happy7547
January 31, 2024 at 12:18 pm
Why don't every country want democracy, ITS FREEDOM, we all want freedom. Who doesn't like freedom man unless you wanna get stuck in one a prison cell
@tonytan6547
January 31, 2024 at 12:18 pm
These so-called western experts (even though they may be chinese) are brainwashed
by the West, n poisoned by western doctrines which do not apply to China
@tonytan6547
January 31, 2024 at 12:18 pm
The Fall was caused by US players,trying to lead the investors onto the wrong direction, with all the smearing of China
Those who follow these US sharks will lose very badly ,just like the early 2016
@onedrop7967
January 31, 2024 at 12:18 pm
What I want to know is there a bottom before it goes to zero.
Are the companies bailing on China because war is unavoidable with Taiwan?
@Wildboy789789
January 31, 2024 at 12:18 pm
I can tell u im never putting a dollar in china again, i learned my lesson on russia… dictatorships give great growth and payouts, then they attack ur country and wipe your funds to 0
@timothyandrews3443
January 31, 2024 at 12:18 pm
I will forever be indebted to you, you’ve changed my whole life I’ll continue to preach about your name for the world to hear you’ve saved me from a huge financial debt with just little investment thanks so much Mrs Leerah Hughs.
✅⚕
@michelleder108
January 31, 2024 at 12:18 pm
Winnie sinks a lot but she is still here.
“I sink, I sink, I sink.”
@Lara__
January 31, 2024 at 12:18 pm
It's so tragic that China is moving away from democracy every day and becoming worse and worse
@nickl1177
January 31, 2024 at 12:18 pm
I have never experienced such strong anti-US sentiment in China and HK at the moment
@wallacesouza2678
January 31, 2024 at 12:18 pm
Mrs Olivera is legit and her method works like magicI keep on earning every single week with her newstrategy
@wilburkong
January 31, 2024 at 12:18 pm
Financial channel and the people who come on are nothing more than low grade charlatan peddling yesterday news. You could spew absolutely inaccurate bullshit and come back in tomorrow and spew another bullshit while the anchors nods and ask you questions that you didn't answer and they dont care. One just need to have roughly 40 sentences to answer all sorts of questions on financial tv..
@Twiceonasunday
January 31, 2024 at 12:18 pm
June 8, 2022 same analyst said: “BofA Securities China Equity Strategist Winnie Wu says investors should start to position in China stocks as we're probably at the bottom of a U-shaped recovery in China….”
@curioussand1339
January 31, 2024 at 12:18 pm
The CCP is engineering a stock-market collapse, after which they will buy the bottom and announce relaxed COVID policy and other seemingly positive news. Then they will cash in, and repeat the process until they hold all the chips and investors are broke.
@oliverbrown6962
January 31, 2024 at 12:18 pm
The amount of times I watched Bloomberg clips with people coming on saying how strong the economy and stock market is, well here we are.
@fairworld2522
January 31, 2024 at 12:18 pm
US must completely decouple China for good and prevent the thieves from continuing to steal
@cato451
January 31, 2024 at 12:18 pm
China lies about everything. Fake economy.
@t42891
January 31, 2024 at 12:18 pm
a shitty market deserves a shitty response. Xi leads the way through his actions. You can shut down and censor public opinion, but you can't shut down capital and the way investors invest in companies
@dragon.fromindia3235
January 31, 2024 at 12:18 pm
Why India stocks are not falling.And why gold and silver price are not increasing
@swaep114
January 31, 2024 at 12:18 pm
* APCX…. Apptech Payment Corp… Up 10 % After-hours. New Cloud-based CXS platform.. First to Market. New Video.
@method341
January 31, 2024 at 12:18 pm
Who actually owns Chinese equities
@apsmith1635
January 31, 2024 at 12:18 pm
Who would invest in China. That seems to be risky with the threats against Their neighbor Taiwan. They could easily be the next Russia/Ukraine conflict
@defactok4661
January 31, 2024 at 12:18 pm
not looking good ,cant understand perma bulls in market like this