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Software Wipeout, Novo Sheds Market Share & UBS Wealth Outflows Weigh | The Opening Trade 2/4/2026
1:39:05
Bloomberg Television
Software Wipeout, Novo Sheds Market Share & UBS Wealth Outflows Weigh | The Opening Trade 2/4/2026
Global software, financial services and asset management stocks get hit by concerns about competition from a new AI automation tool released by Anthropic PBC. Investors are fretting that many businesses will come under increased threat from advances in generative AI. Novo Nordisk shares plunged after the company shocked investors by forecasting a steep decline in sales, evidence of an intensifying price war in obesity drugs. UBS shares drop after the bank’s CFO said more headwinds in US wealth should be expected in the first half following 4Q net outflows, the third straight quarter of declines. 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 00:01:35 - European Bank Performance 00:06:15 - UBS CEO Sergio Ermotti 00:12:10 - Anthropic AI Sparks Market Selloff 00:14:41 - European Earnings 00:16:40 - Carlsberg CEO Jacob Aarup-Andersen 00:25:25 - AMD Stock Slides 00:26:25 - Alphabet Earnings 00:28:45 - Credit Agricole CFO Clotilde L'Angevin 00:41:13 - OMV CEO Alfred Stern 00:48:16 - Novo Nordisk Stock 00:50:58 - Stocks to Watch: Novo Nordisk, Banks, Software Stocks 00:56:42 - Santander Executive Chair Ana Botin 01:09:24 - Infineon CEO Sven Schneider 01:13:32 - Novo Nordisk Stock Plunges 01:17:30 - UK Police Probe Mandelson 01:19:34 - Euroclear CEO Valerie Urbain 01:27:39 - M&G Asset Management CEO Joseph Pinto 01:35:08 - Fed's Lisa Cook Speaks -------- 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
Published Feb 4, 2026
AI Disruption Fears Spark Selloff; Novo Nordisk, AMD Drops After Earnings | Bloomberg Brief 2/4/2026
43:24
Bloomberg Television
AI Disruption Fears Spark Selloff; Novo Nordisk, AMD Drops After Earnings | Bloomberg Brief 2/4/2026
US equity futures take a breather from a global rout driven by stocks sensitive to potential disruption from Anthropic's new automation tool. Investors await results from Alphabet and Qualcomm as AMD's AI-fueled outlook disappoints. Shares of Novo Nordisk plunges as the drugmaker forecasts sales to fall as much 13% this year. Iran asks the US to move the scheduled diplomatic talks this week from Turkey to Oman and to limit the agenda to Tehran's nuclear program. Stephanie Guild of Robinhood discusses the opportunities in software stocks amid the recent selloff. Chapters: 00:00:00 - Bloomberg Brief 00:01:56 - First Look Movers 00:14:16 - Trending on the Terminal 00:19:14 - Front Page News 00:22:58 - First Look Movers 00:24:01 - Stephanie Guild, Robinhood Head of Investment Strategy 00:30:22 - Trending on the Terminal 00:42:35 - What to Watch -------- 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
Published Feb 4, 2026
Trump Says US Talks With Iran Ongoing After Drone Shootdown | Daybreak Europe 2/4/2026
44:03
Bloomberg Television
Trump Says US Talks With Iran Ongoing After Drone Shootdown | Daybreak Europe 2/4/2026
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, President Donald Trump reiterated that the US and Iran are maintaining diplomatic talks, even after an earlier skirmish in the Arabian Sea spooked oil markets amid heightened tensions between the two countries. A new AI automation tool from Anthropic has sparked a $285 billion selloff in stocks. Traders are dumping software shares on fears about the destruction AI could cause. Novo Nordisk shocked investors by forecasting a steep decline in sales this year, a sign of how intensifying price wars in obesity drugs and the Trump administration’s pressure on pharmaceutical prices will hit the company’s results. Meanwhile, UBS announced a $3 billion buyback for 2026, with the potential to buy more, after posting a $1.2 billion quarterly profit that exceeded expectations. Today's guests: WisdomTree Macroeconomic Research Director Aneeka Gupta, Infineon CFO Sven Schneider & Equinor CFO Torgrim Reitan Chapters: 00:00:00 - Daybreak Europe - 2/4/2026 00:05:15 - Anthropic AI Tool Sparks Stocks Selloff 00:09:13 - Asia Stocks Trim Losses After US Selloff 00:11:42 - Bitcoin Hits Lowest Price Since Trump Inauguration 00:14:11 - Traders Dump Software Stocks As AI Fears Erupt 00:20:35 - Novo Plunges On Steep Sales Warning 00:22:39 - Other Top Stories: Santander / Anthropic / Super Micro 00:26:37 - Equinor CFO Torgrim Reitan 00:34:22 - Infineon CFO Sven Schneider 00:39:19 - Other Top Stories: US-Iran Tensions / US Shutdown Ends / Mandelson Probe 00:41:30 - Software Plunges on AI Concerns | Chart Talk -------- 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
Published Feb 4, 2026
SpaceX and xAI Combine in Mega Merger | The Pulse 2/3/2026
48:28
Bloomberg Television
SpaceX and xAI Combine in Mega Merger | The Pulse 2/3/2026
Stocks on both sides of the Atlantic headed for new records on fresh momentum following a 2-day slump. Precious metals also rebounded, with spot silver climbing more than 7% and gold advancing towards $4,900. The Indian rupee gained after a surprise announcement by President Trump that US tariffs on India will be cut from 25% to 18%. Trump says Indian Prime Minister Narendra Modi has agreed to stop buying Russian oil. And Elon Musk has paved the way for sending AI data centers into space, with the merger of his space and AI companies. The deal to combine SpaceX and xAI values the enlarged entity at $1.25 trillion. Today's guests: Jimmy Muchechetere, Investec, Senior Equity Analyst; Sunny Mann, Baker McKenzie, Global Chair; Christian Kleinerman, Snowflake, Executive Vice President of Product; Charles Myers, Signum Global Advisors, Chairman and Founder --- "The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Chapters: 00:00:00 - The Pulse with Francine Lacqua 00:00:41 - Market roundtable: Investec's Jimmy Muchechetere & Baker Mackenzie's Sunny Mann 00:13:00 - SpaceX combines with xAI at $1.25 trillion valuation 00:15:30 - Oracle $25 billion bond sale eases AI debt fears 00:16:17 - Christian Kleinerman, Snowflake Head of Product 00:23:40 - Tuesday headlines 00:24:05 - Trump eyes Iran nuclear deal 00:25:45 - Charles Myers, Signum Global Advisors Founder 00:35:02 - European stocks head for new highs as previous metals rebound 00:37:05 - France adopts budget, PM survives no-confidence votes 00:40:40 - Trumponomics vs. Reganomics 00:40:55 - Wood: There are some ecosystem challenges 00:43:50 - Nintendo profit disappoints -------- 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
Published Feb 4, 2026