Business
DeepSeek Sparks US Tech Concern; Trump to Hold off on Colombia Tariffs | Daybreak: Europe 01/27/2025
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. On today’s show, Chinese artificial intelligence startup DeepSeek rocked global technology stocks Monday, raising questions over America’s technological dominance. In geopolitics, in the space of several hours that rattled global markets, US President Donald Trump announced sweeping tariffs on Colombia before abruptly pulling the threat after reaching a deal on the return of deported migrants. The White House claimed victory late on Sunday, saying Colombia had “agreed to all of President Trump’s terms” without delay, including the acceptance of deportees on US military aircraft.
Today’s guests: Neil Sorahan, Ryanair CFO and Tommy Ricketts, BeZero CEO and Co-founder.
Chapters:
00:00:00 – Daybreak Europe
00:01:23 – DeepSeek Rocks Tech Stocks
00:03:59 – China DeepSeek-Linked Firms Rally
00:05:57 – Neil Sorahan, RyanAir CFO Speaks to Bloomberg
00:09:26 – Sorahan: Demand is Very Strong
00:13:06 – Trump Threatens Tariffs on Colombia
00:13:55 – Colombia Agrees to Trump’s Terms Including Deportation
00:16:12 – Dollar Trims Gain as Tariff Threat Eases
00:19:56 – BNEF: EV Sales Set to Exceed 22 Million
00:22:32 – EV Chargers Getting Much Cheaper
00:25:19 – Bond Traders Shift Focus to Fed
00:28:37 – Traders Fear for US Tech Leadership
00:31:13 – Signs of Luxury Market Recovery
00:35:20 – Musk: More Self-Determination for Germany
00:36:49 – Musk: Need to Move Beyond Past Guilt
00:39:49 – BeZero Carbon Announces $32M Series C Investment Round
00:41:36 – BeZero Expands Into Corsia Markets
00:43:56 – Tommy Ricketts, BeZero Carbon CEO &co-founder
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