US Retaliates Against Iran Strikes; Investors Spooked by Warsh Hold

Today's top stories, with context, in just 15 minutes.

On today's podcast:

1) The US retaliated against Iranian strikes on American forces with a fresh wave of attacks, escalating a conflict that is spreading wider across the Middle East. The US hit dozens of targets in a two-hour operation aimed at degrading Tehran’s ability to threaten American forces, its Arab allies and commercial shipping in the region. Two liquefied-natural-gas vessels were hit by projectiles on Egypt’s Mediterranean coast and caught fire, with a security firm saying the vessels had been struck by drones.

2) Investors dumped 30-year Treasury bonds, sending the yield up as much as 14 basis points to nearly 5.23%, after the Fed kept interest rates unchanged for a seventh consecutive month. Market measures of inflation expectations rose, the dollar slid, and stocks tumbled as investors wagered Chairman Kevin Warsh was only delaying an inevitable rate hike.

3) Meta gave a disappointing quarterly revenue forecast, stepping up pressure on Chief Executive Officer Mark Zuckerberg to allay investor concerns that the company isn’t swiftly benefiting from its massive outlay on artificial intelligence. The social media giant reported the lowest free cash flow in years, a sign of ballooning expenses for AI bets, including data centers and smart glasses, which could amount to $145 billion this year. Meanwhile, Microsoft's Azure cloud revenue rose 43% during the fiscal fourth quarter, the fastest quarterly growth since early 2022. CFO Amy Hood said she expected growth in the cloud unit to accelerate further in the current quarter, to about 45%, and that demand continues to exceed available supply.

See omnystudio.com/listener for privacy information.

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(1809)

Yemen Attacks Houthis; Anthropic Researcher to Testify

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) Yemen's government launched a full-scale military campaign to recapture Houthi-held territory after weeks of escalatin...

5 Loka 15min

BONUS SERIES: Levittown Episode 2 | ‘I’m Also on the Website’

Months after Kayla’s discovery, dozens of women in Levittown, a New York suburb on Long Island, learn they, too, are subjects of faked porn. Most are recent graduates of the local high school, and the...

4 Loka 30min

Daybreak Weekend: US Mortgages, Nobel Prize, China Golden Week

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to U.S Mortgage data, along with a focus on 3 stock...

2 Loka 38min

Pentagon Deploys More Troops to Middle East; September Jobs Report

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) The Pentagon is deploying an additional aircraft carrier and 10,000 sailors and Marines to the Persian Gulf, giving Americ...

2 Loka 15min

FlyDubai Rescue Latest; Trump Calls on Powell to Resign from Fed Board

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) A FlyDubai aircraft was attacked by one of its pilots, who stabbed or hit the other pilot with an ax, before being ove...

1 Loka 15min

Trump's AI Safety Switch, OpenAI Targets $1.4 Trillion Value

Today's top stories, with context, in just 15 minutes.On today's podcast:1) President Trump endorsed using outside auditors to assess the safety of artificial intelligence systems through an accord wi...

30 Syys 18min

US-Iran Stalemate; Trump Weighs In On UK Terror Plot

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) Iranian officials have privately expressed pessimism about reaching a deal to end hostilities with Washington and reop...

29 Syys 17min

US-China Tariff Deal; Iran Won't Soften Demands

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) The US and China detailed a plan to cut tariffs on about $30 billion of imports from each country, as the superpower r...

28 Syys 15min