European stocks fell as the US pushed ahead with harsh tariffs on automakers and threatened more sweeping trade levies, reinforcing investor concern about the hit to global economic growth. OpenAI is close to finalizing a $40 billion funding round led by SoftBank Group Corp. with other investors participating. The funding round would value the company at $300 billion and be the largest of all time, with SoftBank investing an initial $7.5 billion and a second tranche of $30 billion later this year.
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 Guy Johnson, Anna Edwards and Kriti Gupta.
Chapters:
00:00:00 – The Opening Trade
00:02:42 – Trump Announces 25% Auto Tariffs
00:08:23 – Bessent Says Ukraine Reviewing US Proposal
00:17:18 – Carl Tannenbaum, Northern Trust
00:25:35 – Sikander Rashid, Brookfield
00:34:23 – EU Leaders Meet To Discuss Ukraine
00:39:38 – Futures Drop As Trump Saps Risk
00:50:33 – Karim Chedid, Blackrock
01:03:23 – Stocks Drop As Trump Tariffs Sap Risk
01:13:05 – Marcus Garvey, Macquarie
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