Bloomberg Daybreak: US Edition

Wall Street got a reality check as a bruising selloff in technology shares fueled concern the artificial-intelligence frenzy that has powered the equity bull market might be overblown. Disappointing tech results spurred the worst drop for stocks since June, with the Nasdaq 100 falling 3.5% and briefly crossing the threshold of a technical correction. Intel Corp. slid the most in over four decades...

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 October jobs report, along with a focus on 3 stocks for the week ahead. They include: Apple, Palantir and Airbnb. In the UK – a look ahead to the next Bank of England monetary policy decision. In Asia – a look ahead to the next...

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) Just days ahead of the Midterm elections, President Trump canceled appearances in Kansas and Iowa and will instead hold "a large number of tele-rallies." The Republican National Committee said the tele-rallies "can reach more voters in the limited time left before polls close." The president has been campaigning nonstop...

Intel plunged in late trading after its revenue forecast missed analysts’ estimates, hurt by sputtering demand for PC processors and supply-chain problems with its lucrative data center components. The shares plunged in extended trading as much as 17%. The stock had gained 5.6% this year through Thursday’s close. Meanwhile, Amazon shares dropped after the company reported greater capit...

Today's top stories, with context, in just 15 minutes.    On today's podcast:    1) There are five days before the Midterm elections that will determine control of Congress. President Trump was campaigning in Ohio last night, where Republican gubernatorial candidate Vivek Ramaswamy is facing controversy over a political ad that features his Democratic opponent, Amy Acton's, est...

Alphabet reported quarterly sales and profit in the third quarter that fell short of expectations, a sign that the firm is failing to generate enough return to justify its massive investments in AI. The stock fell in late trading. Google’s parent company said sales, excluding partner payouts, were $111.2 billion for the three months that ended Sept. 30, just below the $111.3 billion tha...

Bloomberg's Tom Keene, Jon Ferro and Lisa Abramowicz discuss remarks from Fed Chair Kevin Warsh following the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance. Federal Reserve officials left interest rates unchanged and reiterated their commitment to containing inflation without offering a clear signal they might raise rates at their next meeting in December....

Today's top stories, with context, in just 15 minutes.    On today's podcast:    1) Israeli Prime Minister Benjamin Netanyahu edged past opposition leader Gadi Eisenkot in the country’s tight election with more than 70% of the votes counted. Netanyahu’s bloc was projected to win 54 seats and Eisenkot’s 47 in the 120-member Knesset, with 19 going to Israeli Ara...

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) Israel is holding its first election since the 2023 Hamas attack, with Prime Minister Benjamin Netanyahu seeking reelection, saying his military campaigns have improved security. Polls forecast a razor-thin outcome, with neither bloc likely to secure enough votes to claim a parliamentary majority, potentially leading to...

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) President Luiz Inácio Lula da Silva won Brazil’s runoff election with 51.8% of the vote, defeating Flávio Bolsonaro who received 48.2%. Lula's victory will likely lead to market uncertainty and a potential selloff of assets, as investors had been expecting a Flavio Bolsonaro win to fix the country's f...

Kayla faces down her harasser in court. In New Zealand, an investigator summons a global army of hackers. For official transcripts and additional information on this series, go to bloomberg.com/levittown See omnystudio.com/listener for privacy information.

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 monetary policy decision from the Federal Reserve, along with U.S tech earnings. In the UK – a look ahead to the UK's annual budget. In Asia – a look ahead to the next monetary policy decision from the Bank of Japan. See o...

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) President Trump traveled to Iowa on Thursday to boost Ashley Hinson, the Republican Senate candidate locked in a tight race with Democrat Josh Turek. Trump’s visit is the first of two he is expected to make to the state before Election Day on November 3rd. After reliably voting Republican for the past decade, Iowa...

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) President Trump returned to South Carolina on Wednesday to bolster Darline Graham, whose campaign for a 6-year US Senate term representing the conservative state has become unexpectedly tight ahead of US midterm elections on November 3rd. Elsewhere, final debates were held in two of tighest Senate contests - Michigan and...

Meta Platforms boosted its capital spending outlook and announced plans for a new class of nonvoting stock, escalating its already-stratospheric bet on artificial intelligence. Capital expenditures will be $135 billion to $145 billion in 2026, the social-media giant said during its quarterly earnings report Wednesday, raising the bottom end of the range from $130 billion. The moves...

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) A recent slowdown of the SpaceX’s Starlink satellite system that enables Ukraine to fend off deadly Russian aerial assaults came from an order by Elon Musk, the company’s chief executive officer, the Wall Street Journal reported on Tuesday. Musk restricted the speed of Ukraine’s access to the satellite...

SpaceX exceeded estimates for quarterly revenue and profit, driven by substantial growth in its artificial intelligence and satellite internet businesses. Elon Musk’s satellite, rocket and AI conglomerate posted $4.4 billion in net income for the quarter ended in September, far better than analysts’ average projection of $1.88 billion. Revenue increased 161% from a year ago and also be...

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) Ukrainian President Volodymyr Zelenskyy is traveling to Norway for new peace talks as US pressure mounts for concessions from Kyiv to reach a deal with Russia. US envoy Steve Witkoff is expected to take part in the talks with Norwegian Prime Minister Jonas Gahr Støre and Finland’s President Alexander Stubb,...

Today's top stories, with context, in just 15 minutes.    On today's podcast:    1) Russia’s Vladimir Putin proposed a meeting with President Donald Trump and China’s Xi Jinping next month to discuss ending the war in Ukraine, the Wall Street Journal reported Sunday. Trump’s recent overtures to Putin, including a deal on diesel exports and a decision to waive...

An arrest in Levittown kicks off the next phase of an investigation. The central question for the prosecutors is: Is any of this a crime? And they’re on the clock. For official transcripts and additional information on this series, go to bloomberg.com/levittown See omnystudio.com/listener for privacy information.

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 US housing data, with a focus on 3 stocks for the week ahead. In the UK – a look ahead to a key summit in Berlin. In Asia – a look ahead to a monetary policy decision from the Bank of Korea. See omnystudio.com/listener for privacy...

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) Federal Reserve Chairman Kevin Warsh did nothing to dispel market expectations that the US central bank will hold interest rates steady when it meets at the end of the month. In a moderated discussion Friday morning in Bangkok at the International Monetary Fund’s annual meetings, Warsh made no remarks on monetary p...

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) Ukrainian President Volodymyr Zelenskyy has ordered attacks on Russian oil refineries to resume in a spiraling confrontation with Donald Trump over restrictions on US intelligence assistance. Zelenskyy said he’s ending a three-day pause on strikes in response to the US president’s call last week for an &ldquo...

Today's top stories, with context, in just 15 minutes.    On today's podcast:    1) A series of Midterm debates took place Tuesday night across the country, with Election Day just weeks away. In New York, Governor Kathy Hochul faced off with her Republican challenger Bruce Blakeman. Senate debates took place in Massachusetts, Maine, Georgia, and Iowa. Along with partisan barbs,...

Today's top stories, with context, in just 15 minutes.    On today's podcast:    1) President Trump dismissed concerns that Russia and China might be helping Iran in its war with the US, adding that the two countries would have “too much to lose” in aiding the Islamic Republic. China and Russia have maintained close ties with Iran for decades but have denied providi...