Business
Novo Shares Drop on Wegovy Sales Miss, Profit Forecast Cut | The Opening Trade 08/07
Japanese stocks soar and the Yen slumps after dovish comments from the BOJ, as the central bank moves to calm market turmoil. Novo Nordisk bumps up its sales outlook thanks to blockbuster diabetes and weight-loss drugs, but an impairment charge weighs on bottom line guidance. Kamala Harris takes aim at key battleground states after picking Governor Tim Walz as running mate to take on Donald Trump. 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 Kriti Gupta.
Chapters:
00:00:00 – Intro
00:01:10 – The Agenda: Maersk, Novo Earnings, UK Riots, Harris Picks Walz for VP
00:19:51 – Goldman Sachs CEO Doesn’t See Emergency Fed Rate Cut
00:24:06 – Maersk CEO on US Recession Possibility
00:36:39 – Siemens Energy Raises Targets Again
00:46:08 – European Open
01:06:15 – Novo Nordisk Cuts Profit Forecast
01:12:15 – Cyprus President Christodoulides on Emergency Evacuation Plan From Lebanon
01:26:05 – Puma Shares Fall
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Business
Strive Is Buying Bitcoin Hand-Over-Fist, CEO Says
Strive Inc. Chief Executive Officer Matt Cole says this is a great time to buy Bitcoin as the price keeps falling. He says their Bitcoin holdings are up to 20,000 from 5,000 last fall. He speaks on “Bloomberg Crypto.”
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Business
Micron Earnings Report Exceeds Expectations | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
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More on Bloomberg Television and Markets
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Business
#US far ahead of #China in #AI race: #ASML CEO
ASML CEO Christophe Fouquet tells Tom Mackenzie the AI ecosystem in the US is “extremely strong,” explaining how regulation plays a role in advancing technology development
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Business
China’s iron giant take aim at world’s top miners
The first shipment from Simandou is set to sail from Guinea to China.
The move could shift power dynamics in the global iron ore market. William Clowes has more https://t.co/DJzllP8ccG
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Business
Micron Earnings Inflate the AI Bubble: 3-Minutes MLIV
Guy Johnson, Tom Mackenzie and Mark Cudmore break down today’s key themes for analysts and investors on “Bloomberg: The Opening Trade.”
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