President Trump acknowledges America is in a long term trade war with China. Treasury Secretary Scott Bessent warns Beijing of a coordinated response to its rare earth restrictions. The world’s largest chipmaker, TSMC, delivers stronger-than-expected earnings in a sign that global demand for AI infrastructure remains red-hot. And Swiss food-maker Nestlé announces plans to cut 16,000 jobs over the next two years, as the new CEO seeks to fast-track a turnaround.
Today’s guests:
Jimmy Muchechetere, Senior Equity Analyst at Investec, Bryon Lake, Global co-Head of Third Party Wealth at Goldman Sachs Asset Management, Miranda Brawn, Founder of The Miranda Brawn Diversity Leadership Foundation.
Chapters:
00:00:00 – The Pulse
00:01:03 – Bessent: Longer China Tariff Truce Possible
00:02:58 – Markets Rattled by US-China Trade Worries
00:06:36 – Miran: Rate Cuts More Urgent on Trade Uncertainty
00:09:02 – Jimmy Muchechetere, Senior Equity Analyst at Investec
00:16:06 – TSMC Hikes Forecast Amid AI Boom
00:18:05 – OpenAI’s Porn Pivot Is Problematic — But Lucrative: Parmy Olson
00:25:57 – Banks Lean on AI Technology in Earnings Push
00:28:19 – Bryon Lake, Global co-Head of Third Party Wealth at Goldman Sachs Asset Management
00:39:13 – Miranda Brawn, Founder of The Miranda Brawn Diversity Leadership Foundation
——–
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
