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

On today's podcast:

(1) The US said it intercepted an Iranian attack on military bases, ending a dayslong pause in fighting and increasing the risk of a return to full-blown war in the Middle East.

(2) SK Hynix earmarked at least $31 billion in capital spending this year after reporting a six-fold surge in quarterly profit, a record outlay that coincides with growing fears about overinvestment in AI capacity.

(3) An OpenAI artificial intelligence agent that breached systems at the startup Hugging Face Inc. earlier this month also compromised a customer of the technology company Modal. 

(4) Firefighters in Spain and France are racing to contain wildfires threatening Madrid and Bordeaux as Europe’s fourth heat wave of the summer hinders efforts to bring the blazes under control.

(5) UEFA is considering a boycott of FIFA events, according to a person familiar with the matter, in a seismic rift between the most powerful governing bodies of football. 
Podcast Conversation: Runners Splurge on $350 Shorts, $140 Moth-Hole Tees to Look Good

Your morning briefing. All the news you need to start your day. On today's podcast: (1) The US said it intercepted an Iranian attack on military bases, ending a dayslong pause in fighting and increasing the risk of a return to full-blown war in the Middle East. (2) SK Hynix earmarked at least $31 billion in capital spending this year after reporting a six-fold surge in quarterly profit, a record outlay that coincides with growing fears about overinvestment in AI capacity. (3) An OpenAI artificial intelligence agent that breached systems at the startup Hugging Face Inc. earlier this month also compromised a customer of the technology company Modal. (4) Firefighters in Spain and France are racing to contain wildfires threatening Madrid and Bordeaux as Europe&rsquo;s fourth heat wave of the summer hinders efforts to bring the blazes under control. (5) UEFA is considering a boycott of FIFA events, according to a person familiar with the matter, in a seismic rift between the most powerful governing bodies of football. Podcast Conversation: <a href="https://www.bloomberg.com/news/features/2026-07-28/satisfy-bandit-running-lead-premium-gear-trend-with-350-shorts-140-tees" data-destination="https://www.bloomberg.com/news/features/2026-07-28/satisfy-bandit-running-lead-premium-gear-trend-with-350-shorts-140-tees">Runners Splurge on $350 Shorts, $140 Moth-Hole Tees to Look Good</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

Surprise Iran Attack On US Bases, OpenAI Model Escapes Again, Spain’s Buffett Acolytes

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e1d2960b-ba4b-483c-af86-b496006090a6/transcript