Your morning briefing. All the news you need to start your day.

On today's podcast:

(1) A global selloff in semiconductor stocks deepened on Tuesday, as fresh signs of China’s progress in advanced chipmaking and mounting concerns over the artificial intelligence spending boom sparked another wave of selling across the sector.

(2) France and Spain are studying ways to pump money into regions hit by massive wildfires over the past week even before the conflagrations are fully contained.

(3) LVMH’s key fashion and leather goods unit, home to Louis Vuitton and Dior, barely eked out sales growth last quarter as the conflict in the Middle East deterred wealthy shoppers.

(4) Labour Members of Parliament warned Andy Burnham he will lose the support of his governing party if he approaches welfare reform with a focus on “punitive” cuts, as Britain’s new prime minister prepares to announce plans to alleviate rising youth unemployment.

(5) The UK shared its “Stone Cloak” technology capable of jamming Russian air defence systems with Ukraine as President Volodymyr Zelenskyy became the first foreign leader to visit Britain for talks with new Prime Minister Andy Burnham.

Podcast Conversation: Midlife Wants Comfort. Your Brain Wants Friction: Abby McCloskey

Your morning briefing. All the news you need to start your day. On today's podcast: (1) A global selloff in semiconductor stocks deepened on Tuesday, as fresh signs of China&rsquo;s progress in advanced chipmaking and mounting concerns over the artificial intelligence spending boom sparked another wave of selling across the sector. (2) France and Spain are studying ways to pump money into regions hit by massive wildfires over the past week even before the conflagrations are fully contained. (3) LVMH&rsquo;s key fashion and leather goods unit, home to Louis Vuitton and Dior, barely eked out sales growth last quarter as the conflict in the Middle East deterred wealthy shoppers. (4) Labour Members of Parliament warned Andy Burnham he will lose the support of his governing party if he approaches welfare reform with a focus on &ldquo;punitive&rdquo; cuts, as Britain&rsquo;s new prime minister prepares to announce plans to alleviate rising youth unemployment. (5) The UK shared its &ldquo;Stone Cloak&rdquo; technology capable of jamming Russian air defence systems with Ukraine as President Volodymyr Zelenskyy became the first foreign leader to visit Britain for talks with new Prime Minister Andy Burnham. Podcast Conversation: <a href="https://www.bloomberg.com/opinion/articles/2026-07-27/to-be-happy-in-midlife-give-your-brain-a-chance-to-learn" data-destination="https://www.bloomberg.com/opinion/articles/2026-07-27/to-be-happy-in-midlife-give-your-brain-a-chance-to-learn">Midlife Wants Comfort. Your Brain Wants Friction: Abby McCloskey</a>

Bloomberg Daybreak Europe is the daily morning podcast that helps you understand the stories shaping Europe and the world before the day gets going.

Produced in the early hours each weekday, the show delivers fresh reporting, sharp analysis and clear context on politics, business and global markets by 7am London time. From decisions made in Brussels and London to developments across the global economy, Daybreak Europe connects the dots between power, policy and money.

Hosted by Stephen Carroll in Brussels and Caroline Hepker in London, and powered by Bloomberg’s global network of more than 3,000 journalists and analysts, the podcast goes beyond headlines to explain what is changing, why it matters and what could come next.

Trusted by professionals, business leaders and investors, but made for anyone curious about how economics and politics shape everyday life, Bloomberg Daybreak Europe is the essential way to start your morning informed and ahead.

Bloomberg Daybreak Europe is the daily morning podcast that helps you understand the stories shaping Europe and the world before the day gets going.
Produced in the early hours each weekday, the show delivers fresh reporting, sharp analysis and clear context on politics, business and global markets by 7am London time. From decisions made in Brussels and London to developments across the global economy, Daybreak Europe connects the dots between power, policy and money.
Hosted by Stephen Carroll in Brussels and Caroline Hepker in London, and powered by Bloomberg&rsquo;s global network of more than 3,000 journalists and analysts, the podcast goes beyond headlines to explain what is changing, why it matters and what could come next.
Trusted by professionals, business leaders and investors, but made for anyone curious about how economics and politics shape everyday life, Bloomberg Daybreak Europe&nbsp;is the essential way to start your morning informed and ahead.

Bloomberg Daybreak: Europe Edition

Global Chip Rout Deepens, Spain & France Count Cost, Vinted's US Ambitions

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ee5023dc-f8f3-427e-98c7-b495005c1c1d/transcript