SpaceX said it will aim to launch its Starship rocket again in a few days after aborting Thursday’s mission when some of its engines didn’t fire up, sending shares lower. Starship was slated to take off on its 13th major mission from SpaceX’s South Texas launch facility, called Starbase, at 5:45 p.m. local time. But right at the planned liftoff time, plumes of smoke erupted from the launch tower, and the rocket remained in place.
Stocks tumbled, sending tech-heavy gauges to their worst day since the unveiling of US tariffs in April last year as investors rotated out of technology shares, deepening a selloff in chipmakers after their blistering rally this year.
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 and Tom Mackenzie.
Chapters:
00:00:00 – The Opening Trade
00:00:34 – Market Check
00:01:55 – Chip Selloff
00:04:32 – Fresh US Strikes on Iran
00:06:54 – Burnham Set For UK PM
00:08:39 – Burberry Earnings
00:12:57 – Strait of Hormuz Traffic Slumps
00:20:15 – AI Investment Concerns
00:25:00 – Bond Market Check
00:31:05 – BOE Rate Hike Bets
00:35:04 – SpaceX Starship Launch Scrubbed
00:39:13 – Hyperscalers to Drive Earnings: MLIV
00:47:28 – Stocks to Watch: Chip Stocks, Burberry, Volvo Car
00:53:52 – Volvo Stock
01:02:32 – Burberry Stock
01:09:17 – Tucker Carlson on Donald Trump
01:16:03 – Kraken Technology Group CEO Mal Crease
01:28:55 – UK Economy Unexpectedly Grows in May
01:33:22 – Burnham to Deliver Speech as Labour Party Leader
01:35:29 – World Cup: Argentina, Spain
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
source
