Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from Brussels, 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, global stock losses deepened on renewed concerns about the AI trade. Korea's Kospi slid 7% after the Broadcom CEO Hock Tan compared AI investors to gamblers in a casino.
Meta released its latest AI model known as Muse Wonder, saying it has “frontier capabilities” on a par with OpenAI’s ChatGPT and Anthropic's Claude.
LVMH reported a 5% fall in sales in its biggest division, the fashion and leather goods unit, as worsening economic conditions and a consumer backlash in China hit its key Louis Vuitton brand.
And the Indian Prime Minister Narendra Modi says the world is undergoing a "big transformation" where new technology has the power to create opportunities for millions of people. He was speaking in his keynote address at the Bloomberg New Economy Forum in New Delhi.
Chapters:
00:00:00 - Daybreak Europe
00:00:50 - Modi Says India a Trusted Partner as Supply Chains ‘Weaponized’
00:07:24 - Narendra Modi Speaks at Bloomberg New Economy Forum
00:20:54 - Pushan Dutt: INSEAD Economics and Political Science Professor
00:29:30 - Stock Losses Deepen on AI Trade
00:31:52 - Broadcom CEO Raises AI Funding Concerns
00:34:53 - Meta Unveils Muse Wonder Model in AI Push
00:39:21 - Sikorski: Poland Should Have Say in Any Deal
00:49:29 - LVMH Key Unit Sales Drop on China Weakness
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More on Bloomberg Television and Markets
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On today's show, global stock losses deepened on renewed concerns about the AI trade. Korea's Kospi slid 7% after the Broadcom CEO Hock Tan compared AI investors to gamblers in a casino.
Meta released its latest AI model known as Muse Wonder, saying it has “frontier capabilities” on a par with OpenAI’s ChatGPT and Anthropic's Claude.
LVMH reported a 5% fall in sales in its biggest division, the fashion and leather goods unit, as worsening economic conditions and a consumer backlash in China hit its key Louis Vuitton brand.
And the Indian Prime Minister Narendra Modi says the world is undergoing a "big transformation" where new technology has the power to create opportunities for millions of people. He was speaking in his keynote address at the Bloomberg New Economy Forum in New Delhi.
Chapters:
00:00:00 - Daybreak Europe
00:00:50 - Modi Says India a Trusted Partner as Supply Chains ‘Weaponized’
00:07:24 - Narendra Modi Speaks at Bloomberg New Economy Forum
00:20:54 - Pushan Dutt: INSEAD Economics and Political Science Professor
00:29:30 - Stock Losses Deepen on AI Trade
00:31:52 - Broadcom CEO Raises AI Funding Concerns
00:34:53 - Meta Unveils Muse Wonder Model in AI Push
00:39:21 - Sikorski: Poland Should Have Say in Any Deal
00:49:29 - LVMH Key Unit Sales Drop on China Weakness
--------
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