On today's episode, we take a deep dive into the Chinese AI startup DeepSeek. News of the company's new R1 chatbot sparked a sell-off in many AI-tech related names, wiping out nearly $1 trillion in market cap from US and European tech stocks. We speak with Vlad Savov, Bloomberg Tech Editor in Hong Kong. Plus, we get reaction from the States with Jamie Cox, Managing Partner at Harris Financial Group.

On today's episode, we take a deep dive into the Chinese AI startup DeepSeek. News of the company's new R1 chatbot sparked a sell-off in many AI-tech related names, wiping out nearly $1 trillion in market cap from US and European tech stocks. We speak with Vlad Savov, Bloomberg Tech Editor in Hong Kong. Plus, we get reaction from the States with Jamie Cox, Managing Partner at Harris Financial Group.

Listen for business and finance news centered in the Asia-Pacific region. 

Host Doug Krizner brings you insight and analysis on the day's top stories from China, India, Japan, Korea, Hong Kong, Singapore, Australia and more.

Listen for business and finance news centered in the Asia-Pacific region. Host Doug Krizner brings you insight and analysis on the day's top stories from China, India, Japan, Korea, Hong Kong, Singapore, Australia and more.

Join Bloomberg Daybreak Asia for business and finance news centered in the Asia-Pacific region, along with insight and analysis on the day's top stories in global markets.

Bloomberg Daybreak: Asia Edition

A Deep Dive on DeepSeek

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/dcb2831b-2332-40e3-b562-b2730029e555/transcript

AI optimism, strong corporate earnings and a resilient economy have powered stocks to successive record highs, driven by bets that spending on artificial intelligence will continue to fuel growth. The rally has also overshadowed mounting concerns that crude oil above $100 a barrel could reignite inflation and cloud the outlook for central banks and the global economy. We speak to Mark Cudmore, Global Leader of the Markets Live Team at Bloomberg News.

Plus - Jamieson Greer, Trade Representative of the United States, signaled cautious optimism that US-China trade relations are stabilizing, with progress on agriculture purchases and rare earth supplies, though tariffs and supply chain issues remain. He speaks exclusively to Bloomberg's Annmarie Hordern, on the sidelines of the US-China summit in Beijing on "Bloomberg: The Asia Trade".

AI optimism, strong corporate earnings and a resilient economy have powered stocks to successive record highs, driven by bets that spending on artificial intelligence will continue to fuel growth. The rally has also overshadowed mounting concerns that crude oil above $100 a barrel could reignite inflation and cloud the outlook for central banks and the global economy. We speak to Mark Cudmore, Global Leader of the Markets Live Team at Bloomberg News.
Plus - Jamieson Greer, Trade Representative of the United States, signaled cautious optimism that US-China trade relations are stabilizing, with progress on agriculture purchases and rare earth supplies, though tariffs and supply chain issues remain. He speaks exclusively to Bloomberg's Annmarie Hordern, on the sidelines of the US-China summit in Beijing on "Bloomberg: The Asia Trade".

AI Momentum Drives Stocks, US Trade Representative Jamieson Greer

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c4b8bc57-1efb-47ce-b2c3-b44b001bf427/transcript

US equity-index futures advanced as traders bet the record-breaking rally driven by enthusiasm for the artificial intelligence trade has further room to run. The gains in equities masked worries about inflation that have driven bets the Federal Reserve will raise interest rates next year. Treasuries broadly held their losses with yields on benchmark 10-year holding near the highest since July and 30-year yields trading above 5%. Investors have sold government bonds after back-to-back US inflation reports this week showed mounting price pressures. For more on the markets, we turn to Paul Dobson, Bloomberg's Executive Editor for Asia Markets. 

US equity-index futures advanced as traders bet the record-breaking rally driven by enthusiasm for the artificial intelligence trade has further room to run. The gains in equities masked worries about inflation that have driven bets the Federal Reserve will raise interest rates next year. Treasuries broadly held their losses with yields on benchmark 10-year holding near the highest since July and 30-year yields trading above 5%. Investors have sold government bonds after back-to-back US inflation reports this week showed mounting price pressures. For more on the markets, we turn to Paul Dobson, Bloomberg's Executive Editor for Asia Markets.&nbsp;

Nasdaq Futures Rise, Focus Turns to Trump-Xi Meet

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/9ae517b0-dd96-4a6f-afc0-b44a0015b62b/transcript

It should not be surprising that war in Iran is producing higher inflation in the US. There was higher gasoline in grocery prices sending headline CPI up last month at an annual rate of 3.8%, and that news in turn sent US treasury yields higher right across the curve. This fueled speculation that the Federal Reserve will raise interest rates next year, and bonds fell, with the 30-year yield rising to 5.03%. We heard from David Savage, Bloomberg's MLIV Strategist.

Plus -  President Donald Trump is expecting economic deals and a "wild" welcome this week in China. He'll arrive facing an emboldened Xi Jinping, just as his own hand is constrained by the conflict in Iran. When the US president touches down in Beijing on Wednesday evening for a 36-hour summit, it'll mark his first overseas trip since waging war in the Middle East. Over talks at the Great Hall of the People and a state dinner, followed by morning tea, the leaders will discuss trade, tariffs and the self-ruled island of Taiwan. Another agenda item, of course, is Iran. For a preview, we heard from Henry Huiyao Wang, Center for China and Globalization Founder and President speaking to Bloomberg's Haidi Stroud-Watts.   

It should not be surprising that war in Iran is producing higher inflation in the US. There was higher gasoline in grocery prices sending headline CPI up last month at an annual rate of 3.8%, and that news in turn sent US treasury yields higher right across the curve. This fueled speculation that the Federal Reserve will raise interest rates next year, and bonds fell, with the 30-year yield rising to 5.03%. We heard from David Savage, Bloomberg's MLIV Strategist.
Plus -&nbsp; President Donald Trump is expecting economic deals and a "wild" welcome this week in China. He'll arrive facing an emboldened Xi Jinping, just as his own hand is constrained by the conflict in Iran. When the US president touches down in Beijing on Wednesday evening for a 36-hour summit, it'll mark his first overseas trip since waging war in the Middle East. Over talks at the Great Hall of the People and a state dinner, followed by morning tea, the leaders will discuss trade, tariffs and the self-ruled island of Taiwan. Another agenda item, of course, is Iran. For a preview, we heard from Henry Huiyao Wang, Center for China and Globalization Founder and President speaking to Bloomberg's Haidi Stroud-Watts. &nbsp;&nbsp;

Stocks Affected By Hot US Inflation Data, Trump Heads to China

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/dab42478-8bff-40cd-97d1-b4490021c42e/transcript

A Deep Dive on DeepSeek

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