“I’m losing faith in them because they do lie and do, they do misrepresent,” President Donald Trump says during the meeting at the Camp David presidential retreat in Maryland.
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Here’s a look at how the Asia tech selloff unfolded following investor jitters over circular deals by Nvidia and other firms, as well as a report of a Chinese state-backed company mass producing key chipmaking machines.
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Gil Luria of DA Davidson says Microsoft will be the key company to watch during this earnings season and it all has to do with spending on artificial intelligence and capex. Microsoft and Meta Platforms both report after the bell on Wednesday. Luria speaks on “Bloomberg Surveillance.”
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The US and Iran extended their pause in hostilities for a fourth straight day, with the focus on talks between Tehran and Oman over restarting traffic in the Strait of Hormuz. Tyler Kendall reports on Bloomberg Television.
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The US launched a fresh wave of strikes on Iran in response to an attack on American forces in Jordan, escalating a conflict that’s now spreading across the Middle East.

After the Fed kept interest rates unchanged for a seventh consecutive month, investors dumped 30-year Treasury bonds, sending the yield shooting up as much as 14 basis points to nearly 5.23%, a 19-year high. Market measures of inflation expectations rose, the dollar slid, and even stocks tumbled as investors wagered Warsh was only delaying an inevitable rate hike.

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
00:02:07 – US Treasuries Post-Fed Decision
00:03:42 – Tech Stocks Mixed Results
00:05:48 – US-Iran War Flares Up Again
00:07:23 – LSEG Stock
00:09:22 – LSEG CEO David Schwimmer
00:17:33 – Shell CEO Wael Sawan
00:25:35 – There is No Soft Inflation Target: Kevin Warsh
00:39:17 – Haleon CEO Brian McNamara
00:47:43 – Stock to Watch: Shell, Adidas, Banks
01:10:17 – Adidas Profit Hit by World Cup
01:15:09 – Two LNG Tankers Struck at Egyptian Port
01:17:23 – Lloyds Banking Group CEO Charlie Nunn
01:29:30 – Microsoft’s 4Q Results
01:31:44 – Apple Set for 16% Sales Growth
01:33:50 – BOE Desicion
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