Nvidia Shares Fall As Huang’s Affair Triggers China Spying Probe
Watch this video on YouTube ↗Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from Berlin, 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.
Nvidia Chief Executive Officer Jensen Huang admitted he had an affair with a woman identified in a series of reports as a suspected Chinese spy, plunging the chip colossus into a crisis like none before in its three-decade history.
Stocks began the week on a more solid footing after dip buyers boosted US equities on Friday and Taiwan joined the ranks of Asian authorities seeking to restore investor confidence.
And Crédit Agricole has proposed a merger between Banco BPM and Crédit Agricole Italia to create Italy’s third-largest banking group, according to statement. Meanwhile UniCredit reported record quarterly profit as it lifted full year guidance, giving Chief Executive Officer Andrea Orcel a tailwind as he nears control of Commerzbank.
Today's guest: Daniela Hathorn, Capital.com, Senior Market Analyst.
Chapters:
00:00:00 - Daybreak Europe
00:01:19 - Nvidia Shares Fall on Robinhood After Huang Affair, Spying Probe
00:06:43 - Nvidia CEO’s Affair Engulfs AI Giant in Chinese Spying Probe
00:11:08 - Trump Backs Nvidia CEO After Affair With Suspected China Spy
00:13:43 - Hacked Records Show 400,000 Russians Killed in War on Ukraine
00:16:32 - Poland's Deadliest Shooting in Years Deepens Political Split
00:19:30 - Ermotti on Diversification by UBS' Clients
00:21:57 - Anthropic Buys Power for AI Data Centers in $3.4B Deal: FT
00:25:02 - Asian Stocks Advance on Tech Rebound
00:27:45 - Daniela Hathorn, Capital.com, Senior Market Analyst
00:31:16 - EU Plans to Reduce China Dependence
00:35:10 - Race to Succeed Lagarde as ECB President
00:41:35 - Banco BPM Rises on Tradegate on Merger Talk
00:43:51 - Fear Gauge Jumps on Market Rout
--------
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
Nvidia Chief Executive Officer Jensen Huang admitted he had an affair with a woman identified in a series of reports as a suspected Chinese spy, plunging the chip colossus into a crisis like none before in its three-decade history.
Stocks began the week on a more solid footing after dip buyers boosted US equities on Friday and Taiwan joined the ranks of Asian authorities seeking to restore investor confidence.
And Crédit Agricole has proposed a merger between Banco BPM and Crédit Agricole Italia to create Italy’s third-largest banking group, according to statement. Meanwhile UniCredit reported record quarterly profit as it lifted full year guidance, giving Chief Executive Officer Andrea Orcel a tailwind as he nears control of Commerzbank.
Today's guest: Daniela Hathorn, Capital.com, Senior Market Analyst.
Chapters:
00:00:00 - Daybreak Europe
00:01:19 - Nvidia Shares Fall on Robinhood After Huang Affair, Spying Probe
00:06:43 - Nvidia CEO’s Affair Engulfs AI Giant in Chinese Spying Probe
00:11:08 - Trump Backs Nvidia CEO After Affair With Suspected China Spy
00:13:43 - Hacked Records Show 400,000 Russians Killed in War on Ukraine
00:16:32 - Poland's Deadliest Shooting in Years Deepens Political Split
00:19:30 - Ermotti on Diversification by UBS' Clients
00:21:57 - Anthropic Buys Power for AI Data Centers in $3.4B Deal: FT
00:25:02 - Asian Stocks Advance on Tech Rebound
00:27:45 - Daniela Hathorn, Capital.com, Senior Market Analyst
00:31:16 - EU Plans to Reduce China Dependence
00:35:10 - Race to Succeed Lagarde as ECB President
00:41:35 - Banco BPM Rises on Tradegate on Merger Talk
00:43:51 - Fear Gauge Jumps on Market Rout
--------
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
