Bloomberg Daybreak: Asia Edition
Listen for business and finance news centered in the Asia-Pacific region. Host Doug Krizner brings you insight and analysis on the day's top stories from China, India, Japan, Korea, Hong Kong, Singapore, Australia and more.
Episodes
Stocks Bounce as Tech Rebounds, Bloomberg New Economy Forum
Business and finance news from the Asia-Pacific. Asian stocks rebounded from two days of losses on expectations the Federal Reserve may not need to raise interest rates aggressively next year. The shift in sentiment for stocks came after New York Fed President John Williams said he saw no need for further tightening in 2027, while continuing to view one more rate hike as appropriate this year. Mea
AI Trade Comes Under Pressure, IMF-World Bank Annual Meeting
Business and finance news from the Asia-Pacific. Asian stocks declined as the artificial intelligence trade, one of the hottest corners of the market this year, came under renewed pressure ahead of a key earnings season. Elsewhere, Brent crude oil dropped 0.8% to around $105.80 a barrel. A Bloomberg gauge of the dollar's strength broadly held its gains from the previous session, when it climbed to
Saudi Airport Hit Again, US CPI Preview
Business and finance news from the Asia-Pacific. Saudi Arabia's main airport came under renewed attack from Houthi rebels, a day after a strike on the facility killed 12 people and heaped pressure on the Middle East's biggest economy as it prepares to host major events that seek to boost foreign investment. An unidentified projectile hit a passenger terminal at King Khalid International Airport in
Daybreak Weekend: US Bank Earnings, Brussels Summit, Japan Sports Day
Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to U.S CPI and PPI data, along with U.S bank earnings. In the UK – a look ahead to European leaders meeting in Brussels. In Asia – a look ahead to Japan's Sports Day. See omnystudio.com/listener for privacy information.
OpenAI Revenue Report Hits Tech
Business and finance news from the Asia-Pacific. Asian stocks dropped, tracking declines on Wall Street, as speculation about OpenAI's revenue revived concerns over the sustainability of the artificial-intelligence spending boom. Oil edged lower. The MSCI Asia Pacific equities index edged 0.1% lower early Friday. Japan's Nikkei fell over 1%, with Softbank Group Corp. declining more than 5%. The re
Stocks Fall on Inflation Worries, Samsung Profit Up Almost Nine-Fold
Business and finance news from the Asia-Pacific. Asian stocks retreated for a second day and Treasuries edged lower as rising oil prices fueled concerns that inflation may stay elevated and nudge central banks to raise interest rates. MSCI's Asia Pacific equities index fell 0.9%, with nine of its 11 industry groups in the red. Benchmarks in Japan, South Korea and Singapore declined, along with mai
Asia Equities Fail to Join US Rally, Milken Institute Asia Summit
Business and finance news from the Asia-Pacific. Asian stocks failed to join a rally on Wall Street that took it to record highs on optimism over earnings outlook. Treasuries dropped as oil climbed. MSCI's Asia Pacific equities gauge fell 0.4%, with the regional benchmark now about 2% from its peak. Stocks dropped in Japan and South Korea, while they rose in Taiwan. The All Country World Index &md
Big Tech Rally, Chalmers: Higher Bond Yields Will Pressure Aus. Budget
Business and finance news from the Asia-Pacific. Asian shares rose after a tech-led rally sent the Nasdaq 100 Index to a record as equity investors shrugged off concerns about elevated oil prices and multi-decade high bond yields. Treasuries extended losses. MSCI's Asia Pacific equity index added 0.3%, with shares advancing in Hong Kong, Japan and Australia. Earlier, Wall Street benchmarks climbed
US Eco Data Lowers Rate-Hike Odds; Indonesia Finance Minister Speaks
Business and finance news from the Asia-Pacific. Asian stocks rose after softer US jobs data reduced pressure on the Federal Reserve to keep raising interest rates. Oil erased early gains, while bonds crept higher. MSCI’s Asia Pacific equities index gained 1.1%, with Japan’s Nikkei 225 Stock Average rallying 2.5% as technology shares advanced. Chip bellwether Taiwan Semiconductor Manuf
Daybreak Weekend: US Mortgages, Nobel Prize, China Golden Week
Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to U.S Mortgage data, along with a focus on 3 stocks for the week ahead. In the UK – a look ahead to this year’s Nobel Prize decisions. In Asia – a look ahead to China’s Golden Week Holiday. See omnystudio.com/listener fo
Chinese Consumer Stocks Struggle, Jera Global CEO on New AI Infrastructure Project
Business and finance news from the Asia-Pacific. Under the shadow of Beijing's single-minded focus on artificial intelligence, China's consumer stocks are trapped in a lost decade. The industry is showing a stark contrast with the high-flying tech sector. MSCI China's consumer goods sub-indexes plunged roughly 18% over the past six months to near 10-year lows, while the AI-heavy technology gauge s
Japan's Biggest Firms Remain Confident, Micron Earnings
Business and finance news from the Asia-Pacific. Confidence among Japan's largest firms remains elevated with sentiment among manufacturers rising to the highest level in more than eight years, a result that suggests the Bank of Japan can continue raising interest rates without buckling corporate optimism. The sentiment index climbed to 24 in September from 22, improving for a sixth straight quart
Asia Equities Rebound, Trump-AI Leaders Meet
Business and finance news from the Asia-Pacific. Asian stocks gained for the first time in three sessions and bonds steadied after a bruising selloff as traders awaited a crucial US inflation reading for clues on the path of interest rates. The dollar was set for its best month since June. The MSCI Asia Pacific Index gained 0.8%, led by technology shares after a key gauge of US semiconductor stock
Bond Selloff Saps Risk Appetite
Business and finance news from the Asia-Pacific. Bond investors got a respite in Asian trading from a bruising selloff after surging oil prices and mounting bets on further Federal Reserve interest-rate hikes drove Treasury yields to multi-year highs. Asian stocks fell. The US 10-year yield held at 5.23% after climbing as much as 11 basis points Monday to the highest since 2007. Two- and 30-year y
Bonds Slide as Oil Rises on Iran Tensions, RBA Decision Preview
Business and finance news from the Asia-Pacific. Bonds resumed their decline after a brief reprieve as Middle East tensions flared following President Donald Trump's rejection of Iran's latest proposal to reopen the Strait of Hormuz. Oil rose and Asian stocks fell. Oil remains a key driver for markets as elevated energy costs add to inflation pressures and bolster expectations for further rate inc
Daybreak Weekend: US Jobs, Burnham Conference, RBA Decision
Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to the September jobs report with a focus on 3 stocks for the week ahead. In the UK – a look ahead to UK Prime Minister Andy Burnham's plans ahead of his first conference as Labour Party leader. In Asia – a look ahead to the coming d
Bond Losses Build on Inflation, Rate Hike Bets, Trump-Xi Summit
Business and finance news from the Asia-Pacific. The surge in Treasury yields has pushed yield gaps with emerging Asia bonds toward record levels, raising the risk of capital outflows from the region, according to strategists. A selloff in US government bonds deepened this week, with the 30-year yield surging to its highest level since 2004 on Thursday and the benchmark 10-year yield hitting its h
Iran President Sends US Defiant Message, Trump Welcomes Xi
Business and finance news from the Asia-Pacific. Iranian President Masoud Pezeshkian said his country won't allow freedom of navigation through the Strait of Hormuz while sanctions and a US blockade remain in place, underscoring the difficulty in reaching a peace deal with Washington despite efforts to revive talks this week. Even so, oil fell as the US suggested that major volumes of crude are ge
Tech Leads Asia Gains, Countdown to Trump-Xi Meeting
Business and finance news from the Asia-Pacific. Asian equities started the day stronger after a rally in US chipmakers drove the Nasdaq 100 Index to its first record since June. Meta Platforms Inc.'s new Muse AI agent was again in the spotlight, with Shopify Inc. shares jumping 7.1% after the companies struck a partnership. Meanwhile, concerns that AI could erode margins and fees at financial bro
AI Trade Roars Back, Trump-Xi Lookahead
Business and finance news from the Asia-Pacific. Global AI stocks rallied as early signs of success for Meta Platforms Inc.'s new personal agent revived optimism over chip demand, bolstering the sector after a recent rough patch driven by calls for slower AI development. The rally followed Meta's Muse AI Agent climbing to the top of rankings on Apple Inc.'s free applications list after its launch
US-China Talks Begin Ahead of Summit, Japan's Takaichi Set to Visit United Nations
Business and finance news from the Asia-Pacific. Asian equities and Wall Street stock-index futures advanced after the US described talks with China as “very successful” ahead of a summit between Presidents Donald Trump and Xi Jinping this week. Oil fell for a fourth day. In the discussions the two sides agreed to set up a dialogue on AI aimed at reaching a common understanding on goal
Daybreak Weekend: US Housing, German Elections & President Xi's US Visit
Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – we look at upcoming home building data In the UK – we preview elections in Germany In Asia – we discuss President Xi's visit to the US this week See omnystudio.com/listener for privacy information.
Stocks Rise as Oil Declines
Business and finance news from the Asia-Pacific. Asian stocks and bonds edged up as a pullback in oil prices eased inflation concerns. MSCI's regional equities gauge advanced 0.5%, with South Korea's Kospi index leading gains. Chipmakers Samsung Electronics Co. and SK Hynix Inc. climbed after a key US semiconductor gauge rallied. Adding to the positive tone, Brent crude declined for a third day, f
Fed Raises Rates, BOJ Hike Anticipated
Business and finance news from the Asia-Pacific. The yen's sharp drop after the Federal Reserve's hawkish hike is raising the stakes for the Bank of Japan's policy meeting Friday, with strategists warning the currency could weaken further unless officials convince markets that more tightening is coming. The Fed lifted borrowing costs Wednesday for the first time since 2023 and projected furth
Markets Await Fed Decision
Business and finance news from the Asia-Pacific. The Federal Reserve is expected to lift interest rates on Wednesday for the first time since 2023 as policymakers lose confidence that inflation will cool sufficiently without at least a nudge from the central bank. Meantime, bond traders have piled into bearish positions ahead of Wednesday's Federal Reserve meeting, betting that the Treasury sellof
Investors Weigh AI Slowdown Concerns
Business and finance news from the Asia-Pacific. Investors are also assessing the outlook for technology shares after global equities retreated Monday following calls from leading AI developers for a slower pace of advances in the field. MSCI's Asia Pacific equities gauge slipped 0.1% on Tuesday after the Philadelphia Semiconductor Index tumbled 5.9% — its biggest drop in more than two month
Stocks Drop on AI Slowdown Concerns, Central Bank Lookahead
Business and finance news from the Asia-Pacific. Central banks from much of the Group of Seven face a pivotal week as mounting inflation risks heap pressure on them to raise interest rates. The US will be most closely watched in the wake of a higher-than-expected core inflation reading, which stoked investor bets that Fed Chairman Kevin Warsh and his colleagues will raise their benchmark rate. Mea
Daybreak Weekend: Fed Decision, Sweden Election, BOJ Meeting
Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to the next FOMC decision, along with a focus on 3 stocks for the week ahead. In the UK – a look ahead to Sweden’s general election. In Asia – a look ahead to the next monetary policy decision from the Bank of Japan. See omnyst
Asian Stocks Fall as Oil Adds to Inflation Fears
Business and finance news from the Asia-Pacific. Asian stocks dropped, tracking losses on Wall Street, as surging oil prices stoked concern that inflation will accelerate. Brent crude held above $101 a barrel. The MSCI Asia Pacific Index slipped 1.3%, with benchmark gauges in Japan, South Korea, Taiwan and Australia all declining. The S&P 500 Index slid 0.5% on Wednesday, while the Nasdaq 100
Bessent Dares Traders to Bet Against Yen
Business and finance news from the Asia-Pacific. Treasury Secretary Scott Bessent challenged traders to counter his efforts to strengthen Japan's currency, saying when he makes market calls these days he's effectively doing so with inside information. Bessent, a former hedge fund executive, was reviewing occasions when he's intervened in markets, including the joint purchases of yen he mounted wit
Yen Climbs to Six-Month High
Business and finance news from the Asia-Pacific. The yen extended Monday's rally to reach the strongest level since February, aided by rising expectations of a Bank of Japan interest-rate increase next week. Gains in South Korean chip stocks helped support Asian equities. Japan's currency rose as much as 0.8% to 153.16 per dollar after appreciating 1.2% on Monday. The latest advance suggests the c
US-Iran Trade Attacks, Strong US Jobs
Business and finance news from the Asia-Pacific. Asian stocks rose after US technology shares advanced on Friday. Oil climbed after the US and Iran traded tanker attacks in the Strait of Hormuz. Bloomberg's Paul Allen spoke to Daan Struyven, Goldman Sachs Co-head of Global Commodities Research. And - in the US last Friday, yields were marginlly higher, more so at the front-end of the Treasur
Daybreak Weekend: US CPI, ECB Decision, BRICS Summit
Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to the U.S CPI and PPI reports and a focus on 3 stocks for the week ahead. In the UK – a look ahead to the next decision from the European Central Bank. In Asia – a look ahead to the 18th BRICS Summit in India. See omnystudio.com/lis
Waller Comments on Fed
Business and finance news from the Asia-Pacific. Asian stocks and currencies rose as investors pared bets on a Federal Reserve interest-rate hike this month, weakening the dollar. The yen strengthened, with traders lifting bets on Bank of Japan rate hikes and remaining vigilant to the risk of official action to further boost the currency. Fed Governor Christopher Waller said he'd be willing to sup
New Strikes Disrupt Hormuz
Business and finance news from the Asia-Pacific. Asian stocks rose and oil paused a three-day rally after President Donald Trump played down the prospect of a prolonged conflict with Iran. The yen strengthened, gaining for a second session to trade around 158.44 per dollar, and keeping traders on alert for further intervention by authorities. Gains in Japan and South Korea helped MSCI’s Asia
SEMICON Taiwan
Business and finance news from the Asia-Pacific. Asian stocks fell with bonds and gold as rising oil prices stoked inflation concerns and expectations for tighter monetary policy. Rising oil prices pressured bonds, pushing global yields to the highest since 2008, as traders increased bets the Federal Reserve will raise interest rates. The renewed surge in energy prices is compounding inflation con
Goldman Sachs Asia Leaders Conference
Business and finance news from the Asia-Pacific. Treasuries extended their declines and Asian bonds followed as renewed geopolitical tensions drove oil prices higher, fueling inflation concerns and expectations for further monetary tightening. The yield on the benchmark 10-year Treasury rose three basis points to 4.78% in Asian trading, the highest since January 2025, while Japan’s 10-year g
China's Mega Lenders Lift Profit
Business and finance news from the Asia-Pacific. Asian stocks and bonds fell after hawkish comments from Chair Kevin Warsh boosted bets on a Federal Reserve interest-rate hike next month. Oil rose as Middle East tensions flared. MSCI’s Asia Pacific equities gauge dropped 1.1%, snapping a four-day gain, with technology shares leading declines. The Kospi Index — a barometer for artificia
Daybreak Weekend: US Jobs, Germany Elections, South Korea Inflation
Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to the August jobs report and a focus on 3 stocks for the week ahead. In the UK – a look ahead to state elections in eastern Germany. In Asia – a look ahead to South Korea inflation data. See omnystudio.com/listener for privacy infor
Nvidia Outlook Boosts Tech Stocks, Warsh's Jackson Hole Debut
Business and finance news from the Asia-Pacific. Nvidia Corp., the chipmaker at the heart of the artificial intelligence boom, projected sales growth of 70% for the next fiscal year, sending its shares on their biggest one-day rally since April 2025. The company's shares rose 8.7% to $227.98 in New York on Thursday, adding about $442 billion in market value. For more on the markers, we spoke to Su
Nvidia's Bullish Sales Outlook
Business and finance news from the Asia-Pacific. Nvidia, the chipmaker at the heart of the artificial intelligence boom, gave a bullish sales outlook for fiscal 2028, easing concerns that AI spending is poised to lose momentum. "We expect to grow revenue by approximately 70% in fiscal 2028," Chief Financial Officer Colette Kress said during a post-earnings conference call. Analysts have projected
Oil Drop Eases Inflation Woes
Business and finance news from the Asia-Pacific. Asian shares rose, led by chipmakers, as a decline in crude oil eased concerns about quickening inflation. MSCI's Asia Pacific equities gauge climbed 0.8%, with Samsung Electronics Co. and SK Hynix Inc. the biggest contributors. The regional benchmark was poised for a fourth gain in five sessions. Chip stocks had also advanced on Wall Street, with N
Chipmakers Extend Decline, Leapmotor Earnings
Business and finance news from the Asia-Pacific. Asian equities declined as investors cut exposure to technology shares ahead of earnings this week that will test confidence in the artificial intelligence trade. The MSCI Asia Pacific equities gauge slipped 0.5%, with South Korean chip bellwethers SK Hynix Inc. and Samsung Electronics Co. contributing most to the decline. The losses followed a sell
Markets Brace for Nvidia, Jackson Hole, China on Iran Talks
Business and finance news from the Asia-Pacific. Asian stocks edged lower, with the artificial intelligence trade in focus during a week set to be shaped by earnings from chip bellwether Nvidia Corp. and the Federal Reserve's annual gathering. Bloomberg's Paul Allen and Haidi Stroud-Watts speak to Pepperstone Research Strategist Dilin Wu. And - China said it continues to support a diplomatic end t
Daybreak Weekend: Jackson Hole, France Conference, Tokyo CPI
Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to Fed Chair Kevin Warsh’s speech in Jackson Hole and earnings from chip giant, Nvidia. In the UK – a look ahead to a key meeting of French business leaders as they count down to a pivotal Presidential election. In Asia – a loo
'Bessent Put' Relief Fades, Alibaba Earnings
Business and finance news from the Asia-Pacific. Asian bonds declined and the dollar remained under pressure after a rally in Treasuries faded, with investors betting that US efforts to contain long-term borrowing costs through buybacks may offer only a temporary reprieve. We speak to David Finnerty, Bloomberg's FX and Rates Strategist. And - Alibaba Group Holding Ltd.'s profit plunged more than 7
Treasury Boosts Debt Buyback, Bonnie Chan on Asia IPO Pipeline
Business and finance news from the Asia-Pacific. Asian bonds and stocks gained as US plans to buy back longer-dated Treasuries to curb borrowing costs buoyed sentiment. The dollar steadied after sliding to a three-month low. We speak to Lianting Tu, Bloomberg's Managing Editor for Asia Equities. And - Initial public offering pipeline remains strong with close to 10 international companies from reg
Chip Selloff Extends to Asia, Pony AI Robotaxi Revenue Reaches Record
Business and finance news from the Asia-Pacific. Asian stocks dropped as a semiconductor selloff deepened, with investors retreating from one of the year's hottest trades amid elevated bond yields and geopolitical uncertainty. MSCI's Asia Pacific equities benchmark slid 2%, with South Korean shares dropping 5.5%. Chip bellwethers Samsung Electronics Co. and SK Hynix Inc. both declined over 7%, tra
Mideast Risk Hits Stocks, BHP Profit Jumps
Business and finance news from the Asia-Pacific. Asian bonds followed Treasuries lower as concerns over government finances mounted, while higher oil prices added to fears that inflation will quicken. Treasury 30-year yields rose to 5.32%, a level last seen in June 2007. Oil prices advanced as prospects for peace in the Middle East dimmed, reviving concern that prolonged geopolitical tensions will
Effects of Slow Growth on the Bank of Japan, China's AI Race
Business and finance news from the Asia-Pacific. Japan saw economic growth slow down unexpectedly in the second quarter with Real GDP growing at an annual rate of only 1.1%. The weakness reflects a slump in capital spending, given uncertainties stemming from the conflict in the Middle East. This potentially complicates the Bank of Japan's policy communications as it weighs the timing of its next r
Daybreak Weekend: US Housing, Europe Data, Yen Intervention
Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to S housing data, along with a focus on 3 stocks for the week ahead. In the UK – a look ahead to Europe inflation and PMI data. In Asia – a look ahead to why the persistent weakness of the yen is a troubling issue for Japan’s
APAC Stocks Rise as US Inflation, Tech Spur Gains
Business and finance news from the Asia-Pacific.Asian stocks rose, adding to a fourth week of gains, as moderating US inflation reinforced bets that the Federal Reserve will refrain from raising interest rates next month. Technology stocks extended their rebound. In Asia, the yen remained within striking distance of 160 per dollar, even after Prime Minister Sanae Takaichi’s government was sa
Stocks Rise, Fed Hike Bets Ease After Tame US CPI
Business and finance news from the Asia-Pacific. Asian stocks rose as technology shares rallied and a subdued US inflation report eased concerns about an imminent interest-rate hike by the Federal Reserve. Brent crude snapped a six-day rally, while attention was also on the yen as it traded around the key level of 160 per dollar, keeping investors on the lookout for more intervention by officials
Oil Gains Before US CPI, Asian Tech Stocks Rise
Business and finance news from the Asia-Pacific. Sentiment toward technology remained buoyant, with CoreWeave Inc. surging 16% in extended trading after booming artificial intelligence spending drove stronger-than-expected sales growth. Super Micro Computer Inc. rallied 7.6% in the post market after its revenue forecast topped estimates. The robust tech earnings helped MSCI’s Asia Paci
Yen in Focus After Weakening; Wall Street's $500B Nvidia Deal
Business and finance news from the Asia-Pacific.Early focus in Asia is on the yen after the currency weakened 1% on Monday, erasing about half of its recent intervention-led rally. The move is psychologically significant for traders, who remain on alert for further official support. The yen was slightly stronger in early Tuesday trading at about 159.10 per dollar. We discuss with David Savage, Blo
Oil Advances as Iran Deal Eludes, Eco Week Ahead
Business and finance news from the Asia-Pacific. Oil extended its recent gains as Iran rejected talks with the US and a deal to reopen the vital Strait of Hormuz remained elusive. Treasuries declined. Meanwhile, a gauge of Asian stocks rose 0.4%, with gains for South Korean and Japanese chipmakers. The Kospi Index climbed as much as 2% before trimming its advance, with SK Hynix Inc. and Samsung El
Daybreak Weekend: US CPI, Europe Energy, RBA Decision
Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to U.S CPI and PPI data, along with a focus on 3 stocks for the week ahead. In the UK – a look at some of Europe's biggest energy companies on their recent performance. In Asia – a look ahead to a monetary policy decision from the Re
Oil Climbs on Middle East, Japan Earnings Outlook
Business and finance news from the Asia-Pacific. Oil extended gains after a report that Iran attacked “hostile targets” in the Strait of Hormuz, with Tehran seeking to bar US ships from the critical waterway in a deal with Oman. Higher energy prices revived concerns that the Federal Reserve may need to keep interest rates elevated. Bloomberg's Haidi Stroud-Watts spoke to Lori Calv
Stocks in Asia Decline as Chipmaker Rally Pauses
Business and finance news from the Asia-Pacific.Asian stocks slipped after Wall Street's recent tech-led rally stalled, with chipmakers coming under pressure. The MSCI Asia Pacific Index fell 0.8%, though gainers outnumbered decliners. Gauges in Japan and South Korea declined, while stocks in Australia advanced to a record. For more on the markets, Bloomberg's Haidi Stroud-Watts spoke to Kerry Cra
SpaceX's AI Splurge Puts a Damper on Debut Earnings
Business and finance news from the Asia-Pacific. SpaceX stock fell after the company disclosed higher-than-expected spending on its artificial intelligence business, dampening an inaugural quarterly report that broadly surpassed Wall Street forecasts. Shares of Elon Musk's rocket, satellite and AI conglomerate tumbled as much as 8.8% in US postmarket trading after it said capital spending jumped t
Earnings Special: SpaceX’s AI Splurge Puts a Damper on Debut Earnings After IPO
SpaceX stock fell after the company disclosed higher-than-expected spending on its artificial intelligence business, dampening an inaugural quarterly report that broadly surpassed Wall Street forecasts. Shares of Elon Musk’s rocket, satellite and AI conglomerate tumbled as much as 8.8% in US postmarket trading after it said capital spending jumped to about $18.4 billion in th
Yen on Watch, Trump: Talks Are Iran's Last Chance
Business and finance news from the Asia-Pacific. The yen held steady through the New York trading session on Monday, after a sharp advance earlier in the day that sparked speculation authorities may have intervened to support the currency again after last week's coordinated action between the US and Japan. Meantime, US and Japanese officials warned investors they're determined to keep defending th
First US-Japan Joint Yen Intervention in 15 Years Sparks Advance
Business and finance news from the Asia-Pacific. The yen advanced sharply on Monday amid high alert in markets. This comes after Japan confirmed its first joint intervention with the US in currency markets in 15 years and warned that it was ready to act again, after the yen last week slid to a four-decade low. Japan’s Finance Ministry intervened in the market on Friday in coordination with t
Stewards of Compassion: Powering Data Centers Responsibly (Sponsored Content)
AI promises untold breakthroughs, yet success requires huge amounts of energy. That begs a crucial question: How can we power progress responsibly? Find out how B.Grimm is leading the shift through a major renewable energy-powered data center project in Chon Buri. https://sponsored.bloomberg.com/media/bgrimm/the-stewards-of-compassion-podcast This episode is sponsored by B.GRIMM.See omnystudio.com
Daybreak Weekend: US Jobs, European Earnings, Vietnam Eco
Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to the July jobs report in the U.S with a focus on 3 stocks for the week ahead. In the UK – a look ahead to some of the most consequential earnings releases of the year in Europe. In Asia – a look ahead to key economic data for Vietn
Chip Stocks Post Biggest Advance, Silicon Motion Earnings
Business and finance news from the Asia-Pacific. Chip Stocks on Wall Street posted its biggest gain in more than a year. Amazon.com Inc. rose 9.5% after cloud-computing revenue accelerated for a fifth straight quarter, while Microsoft Corp. surged 16% after earnings, adding roughly $450 billion to its value, the most by any stock in a single day. Apple Inc. dropped more than 6% in extended trading
Big Tech Earnings Roll In, Treasury Yields Spike After Fed Decision
Business and finance news from the Asia-Pacific.Microsoft Corp. climbed almost 9% in extended trading after reporting its fastest cloud-computing growth in four years. Samsung Electronics Co. rose over 1% after chip profit soared over 250-fold. Meta Platforms Inc., however, fell over 7% in post-market trading following a disappointing revenue forecast for the current year. For more analysis, we sp
SK Hynix Profit Misses Investors Lofty AI Expectations
Business and finance news from the Asia-Pacific. SK Hynix Inc. earmarked at least $31 billion in capital spending this year after reporting a six-fold surge in quarterly profit, a record outlay that coincides with growing fears about overinvestment in AI capacity. SK Hynix said it expects its capital investments to rise around 50% to at least 45 trillion won ($31 billion). It posted margins o
Selloff in Chipmakers Deepens, Oil Extends Decline As Iran Talks Gain Traction
Business and finance news from the Asia-Pacific. A selloff in global semiconductor stocks deepened, as investor sentiment continued to worsen over the sustainability of the artificial intelligence boom. The losses point to deepening concerns over crowded equity positioning and rising corporate debt levels as the AI buildout progresses, with Nvidia Corp.'s fresh round of deals and technological adv
Oil Falls as Iran Tensions Ease, Traders Eye Central Bank Decisions, CXMT Trading Debut
Business and finance news from the Asia-Pacific. Oil dropped, stocks and bonds rose as the US and Iran refrained from retaliatory strikes, easing concerns over potential disruptions to Middle East energy supplies after a recent escalation in the conflict. Three days of Group-of-Seven central bank decisions begin with the Fed on Wednesday, followed by the Bank of England and the Bank of Japan. Whil
Special Edition: Nvidia CEO Jensen Huang on Investing in South Korea
In this special bonus episode, Bloomberg Tech’s Ed Ludlow sits down with Nvidia President and CEO Jensen Huang for an exclusive interview. In their conversation, Huang says “this is the golden ages for Korea” after teaming up with SK Group to build more than 2 gigawatts of AI data centers on the Korean Peninsula. “Their semiconductor business is booming. Their industrial bu
Daybreak Weekend: US Tech, BOE Decision, BOJ Meeting
Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to the next decision from the Federal Reserve and a preview of three tech stocks for the week ahead. In the UK – a look ahead to the next monetary policy decision from the Bank of England. In Asia – a look ahead to the next monetary
Intel Jumps on AI Demand Forecast, Asia's Nuclear Power Renaissance
Business and finance news from the Asia-Pacific. Intel Corp. delivered a revenue forecast that shattered Wall Street estimates as booming data center spending fuels a long-awaited turnaround. Sales will be $15.8 billion to $16.8 billion in the third quarter, the company said Thursday. Even the low end of that range would easily clear the $15.1 billion average analyst estimate. Meantime, Stocks and
Big Tech Earnings Kick Off
Business and finance news from the Asia-Pacific. Alphabet Inc. again raised already sky-high estimates for capital spending in 2026, telling investors that expenses may top $200 billion as it races to build the computing power necessary to fuel its artificial intelligence ambitions. The Google parent projected capital expenditures of $195 billion to $205 billion in 2026, up from a previous estimat
Chipmakers Lead Asia Stock Gains
Business and finance news from the Asia-Pacific. Stocks in Asia climbed for a second day as chipmakers at the heart of the artificial intelligence boom extended their rebound, offsetting concerns over rising oil prices after renewed escalation in the US-Iran conflict. The rally in technology stocks followed weeks of volatility in the year's best-performing corner of the market as investors questio
Asia Markets React to China's Moonshot AI, ASEAN Foreign Ministers Meeting
Business and finance news from the Asia-Pacific. The hottest name in China's domestic AI industry is Moonshot. The company's AI model -- known as Kimi K3 -- was released last Friday. It shows China is closing the gap on OpenAI and Anthropic more rapidly than anticipated -- even with limited access to the most advanced processors from Nvidia. We speak about the market reaction with David Savage, Bl
Moonshot AI Tells Investors IPO Plans, Oil Outlook Amid Continued US Strikes on Iran
Business and finance news from the Asia-Pacific. Oil climbed to the highest level in more than a month and bonds fell as US and Iranian attacks escalated, renewing inflation concerns. Stocks stabilized after a technology-led selloff rattled markets last week. Treasury 10-year futures slipped 7/32, with trading in the cash market shut during Asian hours Monday because of a holiday in Japan. Governm
Daybreak Weekend: New Home Sales, UK Prime Minister, Japan Marine Day
Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to new home sales data with a focus on three stocks for the week ahead. In the UK – a look ahead to the UK preparing to usher in its 7th Prime Minister in 10 years. In Asia – a look ahead to Japan Marine Day. See omnystudio.com/liste
Market Analysis, US Trade Representative Jamieson Greer on US Trade Policy
Business and finance news from the Asia-Pacific.West Texas Intermediate traded above $80 a barrel after adding more than 11% in the previous three sessions, as the US continued its attacks on Iran in a bid to secure shipping through the Strait of Hormuz. Gasoil prices, however, were a touch weaker in the previous session.Equity-index futures pointed to declines in Japan and Sou
Markets Outlook Amid Continued US Strikes on Iran, China Eco Data
Business and finance news from the Asia-Pacific.Oil rose for a third day as President Donald Trump threatened further strikes on Iran, hours after the US resumed its blockade on the Islamic Republic’s shipping through the Strait of Hormuz. Global benchmark Brent advanced 1.8% to above $86 a barrel after surging 11% in the previous two sessions.The weak US inflation numbers and a strong start
