Elon Musk openly questioned whether companies that joined President Donald Trump’s announcement promising hundreds of billions of dollars in artificial intelligence infrastructure could follow through on their promises, exposing an early internal rift within the White House. Trump was joined by SoftBank’s Masayoshi Son, OpenAI’s Sam Altman and Oracle’s Larry Ellison at the White House to announce the venture, dubbed Stargate, which they said would deploy $100 billion immediately with the goal of eventually spending $500 billion for the construction of data centers and physical campuses. Altman took to X to dispute Musk’s characterization on Wednesday, calling it wrong and suggesting Musk was upset because the pact could rival the billionaire’s own AI efforts. 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 Kriti Gupta.
Chapters:
00:00:00 – Opening Trade
00:01:14 – Asian Stocks Up, Musk-Altman Clash on AI, Zelenskiy Speaks
00:04:17 – Elon Musk, Sam Altman Messages on X
00:10:31 – Israel, Hamas Ceasefire Talks
00:10:59 – New Orleans Snow Storm
00:11:27 – Los Angeles Fires Continue
00:14:07 – Lloyds Banking Group CEO Nunn on Rachel Reeves, UK Gov.
00:24:06 – Schneider Electric CEO Says Growth is No.1 Priority
00:34:38 – Prosus CEO Bloisi to Announce Deals Soon
00:46:12 – European Market Open
00:51:18 – Bull Case for European Stocks
01:00:23 – Puma Stock Falls After Cost-Cutting Program Plans
01:05:13 – Dutch Prime Minister Schoof on Ukraine, Zelenskiy
01:12:18 – Egypt’s Hassan El Khattib: Globalization is Fading
01:24:50 – Golman Sachs Vice Chairman Gnodde: Mood on Europe, UK Not Good
——–
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
