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

On today's podcast:

(1) Amazon shares dropped after the company announced plans to spend $200 billion this year on data centers, chips and other equipment, worrying investors that its colossal bet on artificial intelligence may not pay off in the long run

For More on this story you can read Vlad Savov's newsletter here

(2) All across Wall Street, day by day, the headlong rush into the most popular trades, from tech stocks to gold to cryptocurrencies, has given way to a sudden retreat from risk.

(3) Bitcoin whipsawed in a volatile trading session in Asia after a selloff that briefly dragged the token to a more than 50% retreat from its October peak.

(4) Bank of England Governor Andrew Bailey appeared to endorse markets betting on a 50% chance of an interest-rate cut in March after a more dovish-than-expected decision to maintain the cost of borrowing this month.

(5) The euro zone will need time to see further productivity gains from an AI-related investment boom, European Central Bank President Christine Lagarde said.

Podcast Conversation:At $7,700 a Day, Aman’s Cruises Test Travelers’ Price Limits

Your morning briefing. All the news you need to start your day On today's podcast: (1) Amazon shares dropped after the company announced plans to spend $200 billion this year on data centers, chips and other equipment, worrying investors that its colossal bet on artificial intelligence may not pay off in the long run For More on this story you can read Vlad Savov's newsletter <a href="https://www.bloomberg.com/news/newsletters/2026-02-05/anthropic-s-legal-ai-tool-sparked-a-huge-selloff-without-any-proven-benefit" data-destination="https://www.bloomberg.com/news/newsletters/2026-02-05/anthropic-s-legal-ai-tool-sparked-a-huge-selloff-without-any-proven-benefit">here</a> (2) All across Wall Street, day by day, the headlong rush into the most popular trades, from tech stocks to gold to cryptocurrencies, has given way to a sudden retreat from risk. (3) Bitcoin whipsawed in a volatile trading session in Asia after a selloff that briefly dragged the token to a more than 50% retreat from its October peak. (4) Bank of England Governor Andrew Bailey appeared to endorse markets betting on a 50% chance of an interest-rate cut in March after a more dovish-than-expected decision to maintain the cost of borrowing this month. (5) The euro zone will need time to see further productivity gains from an AI-related investment boom, European Central Bank President Christine Lagarde said. Podcast Conversation:<a href="https://www.bloomberg.com/news/articles/2026-02-05/aman-luxury-cruises-at-7-700-a-day-test-travelers-price-limits" data-destination="https://www.bloomberg.com/news/articles/2026-02-05/aman-luxury-cruises-at-7-700-a-day-test-travelers-price-limits">At $7,700 a Day, Aman&rsquo;s Cruises Test Travelers&rsquo; Price Limits</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

Stratospheric AI Spending, Starmer In Political Peril, Ferrero’s Breakfast Bid

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/8405ff80-a594-492e-8caa-b3e9006ce180/transcript