Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, 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, the US President offered a strident defense of his administration and economic record, declaring the nation is “bigger, better, richer and stronger than ever before”. In the longest-ever State of the Union address, Donald Trump celebrated Olympic victories and military heroism, while at the same time as pledging better fortunes for the public and attacking his rival Democrats.
Also on the show, HSBC raises its bonus pool 10% to $3.93B – the highest in at least a decade. That’s after full-year earnings beat estimates, boosted by a strong performance at its wealth division.
Plus, we speak with the CEO of the UK self-driving software startup Wayve after its latest fundraise at a valuation of $8.6B. The Series D was led by Eclipse Ventures, Balderton Capital and SoftBank, with investment from existing backers Microsoft, Nvidia and Uber. Wayve is aiming to launch self-driving Ubers running on its software in London this year.
Today’s guest: Sudha David-Wilp, German Marshall Fund, Vice President of External Relations & Senior Fellow.
Chapters:
00:00:00 – Daybreak Europe
00:01:32 – Takaichi Makes Dovish BOJ Nominations
00:05:47 – Tariffs, 401(k)s, Shouting: Key Takeaways From Trump’s Speech
00:08:33 – Trump Makes SOTU Pitch Facing Headwinds
00:12:25 – UBS Now Sees Private Credit Defaults Reaching 15% in Worst Case
00:16:05 – Anthropic Emphasizes Sector Partnership
00:18:12 – Meta to Deploy AMD Gear for Data Centres, AI
00:20:39 – HSBC Bonus Pool Rises to Highest in at Least a Decade
00:24:54 – Trump Touts Economic Success
00:26:42 – Trump Defends Foreign Affairs Record
00:31:16 – Sudha David-Wilp, German Marshall Fund, Vice President of External Relations & Senior Fellow
00:36:10 – Paramount Revises Warner Bid
00:39:50 – Wayve Secures $1.5b to Rollout Self-Driving Taxis
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