Tech Rally Loses Steam In Europe as Oil Rises
Details
A rally in technology stocks came to a halt as oil resumed its role in setting the tone for markets, with Brent heading for its first gain in a week as investors tracked diplomatic efforts to end the US-Iran war. Earlier, stocks got a lift after Meta’s new artificial intelligence agent, Muse, quickly rose to the top of mobile app charts.
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 Guy Johnson.
Correct: Graphic edited at 01;00;19;11, 01;27;09;02, 01;34;40;22 to clarify that Ermotti said fee pools in banking are going be down, with UBS in-line with market trends.
Chapters:
00:00:00 - The Opening Trade
00:00:28 - Market Check
00:03:28 - Tech Stocks Soar, Meta's Muse AI Agent
00:05:47 - Oil Price Rises
00:06:57 - Trump's UN General Assembly Speech
00:14:10 - CPU Rally Leads Semiconductors
00:18:45 - German Chancellor Merz on Elections
00:25:30 - Novo CEO Mike Doustdar
00:40:06 - Trump, Xi Jinping Summit
00:46:48 - Stocks to Watch: Tech, Roche, Kingfisher
01:00:57 - UBS CEO Ermotti on AT1 Proposals
01:04:26 - Meta's Muse AI Agent
01:09:03 - Novo's 2030 Ambitions
01:13:56 - Roche Obesity Shot Cuts Body Weight 15.5%
01:28:32 - China and US Discuss AI, Investment
01:32:56 - Brent Crude Price
--------
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
