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    Home » OpenAI’s Chip Ambitions & Fed Bets Drive Stocks | Daybreak Europe 9/5/2025

    OpenAI’s Chip Ambitions & Fed Bets Drive Stocks | Daybreak Europe 9/5/2025

    webmasterBy webmasterSeptember 5, 2025 News 2 Mins Read
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    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 S&P 500 hits a record high on more signs of a cooling US labour market, fuelling bets on rate cuts from the Fed. We’ll get non-farm payrolls later today. Broadcom soars on reports of $10 billion of orders from a partnership with OpenAI to design and produce accelerator chips in a bid to take on Nvidia. The French Prime Minister holds last ditch meetings ahead of Monday’s confidence vote.

    Chapters:
    00:00:00 – Daybreak Europe
    00:01:58 – Asian Equities Join Global Rally
    00:03:34 – Fed’s Williams: Appropriate to Cut Rates Over Time
    00:04:03 – S&P 500 Hits All-Time High Before Key Jobs Report: Markets Wrap
    00:06:02 – Trump’s Fed Pick Grilled At Confirmation Hearing
    00:09:12 – Future of Fed’s Lisa Cook in Question
    00:12:23 – Broadcom to Help OpenAI Create AI Chip
    00:14:37 – Trump: ‘Fairly Substantial’ Chip Tariffs Coming ”Shortly’
    00:15:36 – Apple’s India Revenue Hit Record $9 Billion Last Fiscal Year
    00:17:14 – How Xi Is Purging China’s Military
    00:19:29 – Turkey’s Centarl Bank Head Upbeat on Inflation
    00:22:34 – Nigel Farage’s Reform UK Meets In Birmingham
    00:22:53 – Trump Asks Supreme Court to Let Him Fire FTC Commissioner
    00:23:12 – US States ,Orsted Challenge Trump Wind Farm Block
    00:25:42 – France’s Bayrou Defends Confidence Vote
    00:32:23 – Europe Forges Ahead With Ukraine Security Guarantees
    00:36:04 – Exclusive: Denmark’s Central Bank Gov. Christian Kettel Thomsen
    00:42:05 – OPEC+ May Boost Supply at Weekend Meeting
    ——–
    More on Bloomberg Television and Markets

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    J.P. Morgan’s David Kelly: The economy is not in recession yet, but is ‘slowing slowly’

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