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, Bloomberg has learned that Elon Musk’s xAI startup is raising more financing than initially planned, including an equity investment from Nvidia. Sources say its ongoing funding round has now reached 20-billion dollars.
Today marks President Marcon’s deadline to save his government after his Prime Minister quit.
This as Macrons’ rivals are turning up the pressure on the French president, demanding their choice of prime minister, snap elections and even his resignation.
BMW has lowered its financial guidance for the year – due to persistently weak sales and and tariff related costs.
It comes as another blow to Germany’s export-reliant auto industry.
Meanwhile, Cristiano Ronaldo has become the football’s first billionaire player. In the twilight of his playing career, the 40-year-old has been catapulted into the top ranks of the richest sportspeople, inking a fresh contract extension in June with Saudi Arabian team Al-Nassr that’s reportedly worth more than $400 million.
Today’s guests: Laura Foll, Janus Henderson, Global Equity Income Team, Portfolio Manager & Herbert Mangesius, VSquared Ventures’ co-founder and General Partner
(An earlier version of the show description erroneously stated the Janus Henderson guest’s last name.)
Chapters:
00:00:00 – Daybreak Europe
00:02:13 – Asian Stocks Extend Losses, Dragged By Tech Stocks
00:04:54 – Nvidia to Finance Musk’s xAI Chips as Part of $20 Billion Deal
00:07:57 – Oracle Sinks on Report Its Cloud Margins Are Lower Than Expected
00:09:12 – Trump Threatens No Back Pay for Shutdown’s Furloughed Workers
00:10:24 – Gold Soars Past $4,000 First Time
00:12:25 – Macron Boxed In by French Rivals After His PM Quits
00:16:06 – EXCLUSIVE: Jamie Dimon, JPMorganChase Chairman & CEO
00:20:38 – EXCLUSIVE: Hermione McKee, SumUp CFO
00:23:03 – FCA: Lenders Face £8.2B Bill on Mis-sold UK Car Loans
00:25:03 – ABB to Sell Robotics Unit to Softbank in $5.4B Deal
00:25:55 – Verisure IPO In Focus
00:27:12 – Laura Foll, Janus Henderson, Global Equity Portfolio Manager
00:32:11 – BMW Seen Lower on TradeGate vs. Xetra Close
00:34:49 – Tesla Unveils Under-$40,000 Versions of Its Top-Selling EVs
00:36:14 – Herbert Mangesius, VSquared Ventures, Co-Founder & GP
00:41:35 – Ronaldo Becomes Football’s First Billionaire
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