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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.
On today’s show, Oracle shares fell more than 10% in extended trading after the company reported a jump in AI spending on data centers and equipment. It follows fiscal second-quarter earnings which fell short of analysts’ estimates.
The Fed delivered its third rate cut in a row, with policymakers maintaining their outlook for just one cut next year. Fed Chair Powell voiced optimism that the US economy will strengthen, as the inflationary impact from tariffs fades away.
Meanwhile, US forces intercepted and seized a sanctioned oil tanker off the coast of Venezuela, marking a serious escalation of tensions between the two countries.
Today’s guests: Aneeka Gupta, Director of Macroeconomic Research at WisdomTree. (Source: Bloomberg)
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