Tech stocks and US equity futures fell as another batch of disappointing earnings intensified the selloff in the sector, as investors increasingly question the payoff from massive artificial intelligence spending.
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 Anna Edwards, Guy Johnson and Tom Mackenzie.
Chapters:
00:00:00 – The Opening Trade Begins: Markets Brace for Tech-Led Selloff
00:01:28 – The Agenda: Amazon and Intel Earnings Disappoint
00:04:17 – The Agenda: Fed, ECB and BOJ Deliver Hawkish Holds
00:04:50 – Breaking News: BP Earnings Beat Expectations
00:05:14 – BP CEO Meg O’Neill on Debt and Shareholder Returns, Refining Margins and Trading, Previews December Strategy Update
00:15:15 – BlackRock’s James Turner on Fixed Income Opportunities, Central Bank Rate Outlook, French Political Risk and Credit
00:21:37 – Need to Know: Binance Hit by Record $6.3 Billion Crypto Hack
00:25:48 – Credit Agricole CFO Clotilde L’Angevin on Earnings and French Risk, Loan Demand and Economic Uncertainty, Italy and Banco BPM
00:36:04 – Amazon and Intel Deepen Tech Concerns
00:39:25 – Breaking News: French Inflation Rises as Growth Slows
00:39:57 – MLIV: AI Trade Comes Under Pressure
00:43:20 – Stocks to Watch
00:46:21 – European Markets Open
00:49:10 – Tech and Basic Resources Lead Declines
00:51:40 – Hargreaves Lansdown’s Anna Macdonald on Investors Rotate Away From AI Trade, Investor Demand for Gilts
00:59:48 – European Market Movers
01:02:27 – Amazon and Intel Weigh on US Futures
01:04:25 – BP’s Strong Refining Quarter
01:07:28 – AstraZeneca and Sanofi Earnings in Focus
01:12:17 – European Markets Absorb US Tech Selloff
01:14:13 – Need to Know
01:15:22 – Capgemini CFO Nive Bhagat on Raises Forecast, Digital Sovereignty and AI
01:21:48 – Christine Lagarde’s ECB Legacy, Who Could Be the Next ECB President
01:26:58 – Binance Hack: What We Know
01:30:03 – North Korea Linked to Crypto Heist
01:31:23 – Intel Plunges as AI Trade Faces Turbulence
01:33:21 – ECB Rate Outlook and Market Risks
01:34:39 – Markets Wrap Up a Volatile Week
——–
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