A report in the Wall Street Journal says the Energy Department has shifted its view on the origins of Covid-19. It now sees a leak from a lab in Wuhan as the most likely source of the outbreak.  
For insights, we speak to Andy Pekosz, professor of molecular biology and immunology at the Johns Hopkins Bloomberg School of Public Health.

A report in the Wall Street Journal says the Energy Department has shifted its view on the origins of Covid-19. It now sees a leak from a lab in Wuhan as the most likely source of the outbreak.   For insights, we speak to Andy Pekosz, professor of molecular biology and immunology at the Johns Hopkins Bloomberg School of Public Health.

Listen for today's top stories, with context, in just 15 minutes. 

Each morning, hosts Nathan Hager and Karen Moskow bring you the latest headlines on US politics, foreign relations, financial markets and global economics. The show is recorded at 5AM ET each weekday, so you get the freshest reporting on the stories that matter. Get informed from Bloomberg's 3,000 journalists and analysts. Listen and subscribe to Bloomberg Daybreak: US Edition.

Listen for today's top stories, with context, in just 15 minutes. Each morning, hosts Nathan Hager and Karen Moskow bring you the latest headlines on US politics, foreign relations, financial markets and global economics. The show is recorded at 5AM ET each weekday, so you get the freshest reporting on the stories that matter. Get informed from Bloomberg's 3,000 journalists and analysts. Listen and subscribe to Bloomberg Daybreak: US Edition.

Bloomberg Daybreak: US Edition

BONUS EPISODE:  Covid Cause Most Likely a Lab Leak, Report Says

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d7e9e26d-e31c-4edc-981c-afb600d546a6/transcript

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 – we preview the Federal Reserve's rate decision and big tech earnings
In the UK – we look ahead to the Bank of England's upcoming rate decision
In Asia – we discuss the Golden Week holiday in Japan

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week.
<ul>
<li>In the US &ndash; we preview the Federal Reserve's rate decision and big tech earnings</li>
<li>In the UK &ndash; we look ahead to the Bank of England's upcoming rate decision</li>
<li>In Asia &ndash; we discuss the Golden Week holiday in Japan</li>
</ul>

Daybreak Weekend: Fed Preview & Tech Earnings, Bank of England Decision, Japan's Golden Week

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/634cbf5e-cceb-41d8-82d4-b43601440ccf/transcript

On today's podcast:   

1) The US increased pressure on Iran with its naval blockade, as it seeks to get Tehran to agree to talks. The US naval operation has caused many Iran-linked vessels to turn around rather than go through the Hormuz strait, potentially affecting Iran's oil exports. Israel and Lebanon are set to extend a ceasefire for three weeks, according to President Donald Trump, who announced the deal in a social-media post after meeting Israeli and Lebanese envoys at the White House.   

2) Intel delivered a sales forecast of $13.8 billion to $14.8 billion in the June quarter, exceeding Wall Street expectations of $13 billion. The company's upbeat outlook suggests that Chief Executive Officer Lip-Bu Tan is making progress on a challenging comeback plan, with Intel shares soaring 20% in extended trading. Intel's strong demand for processors used in AI systems is lifting demand for its flagship Xeon server processors, with Tan saying the company is "laser-focused" on increasing output from its factories to meet demand.   

3) Spanish Prime Minister Pedro Sanchez said he’ll maintain cooperation with NATO allies and brushed off a report that US officials are considering suspending his country from the alliance for its stance on the Iran war. Sanchez told reporters that Spain "meets our obligations, we are a loyal partner" and that the country's position is "full cooperation with allies, but always within the framework of international law." The US is considering measures within the alliance in response to the stance of NATO allies, including Spain, on the Iran war, according to people familiar with the matter.

On today's podcast:&nbsp; &nbsp; 1) The US increased pressure on Iran with its naval blockade, as it seeks to get Tehran to agree to talks. The US naval operation has caused many Iran-linked vessels to turn around rather than go through the Hormuz strait, potentially affecting Iran's oil exports. Israel and Lebanon are set to extend a ceasefire for three weeks, according to President Donald Trump, who announced the deal in a social-media post after meeting Israeli and Lebanese envoys at the White House.&nbsp; &nbsp; 2) Intel delivered a sales forecast of $13.8 billion to $14.8 billion in the June quarter, exceeding Wall Street expectations of $13 billion. The company's upbeat outlook suggests that Chief Executive Officer Lip-Bu Tan is making progress on a challenging comeback plan, with Intel shares soaring 20% in extended trading. Intel's strong demand for processors used in AI systems is lifting demand for its flagship Xeon server processors, with Tan saying the company is "laser-focused" on increasing output from its factories to meet demand.&nbsp; &nbsp; 3) Spanish Prime Minister Pedro Sanchez said he&rsquo;ll maintain cooperation with NATO allies and brushed off a report that US officials are considering suspending his country from the alliance for its stance on the Iran war. Sanchez told reporters that Spain "meets our obligations, we are a loyal partner" and that the country's position is "full cooperation with allies, but always within the framework of international law." The US is considering measures within the alliance in response to the stance of NATO allies, including Spain, on the Iran war, according to people familiar with the matter.

Trump Pressures Iran on Blockade; Intel Shares Surge on Earnings

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/a42c01f2-4d0e-4c22-9ce9-b43600a21403/transcript

Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) The US and Iran are locked in a battle for control of the Strait of Hormuz after failing to meet for a fresh round of peace talks, with both sides blocking the waterway to gain leverage during an extended ceasefire. The US is maintaining a naval blockade on ships going to and from Iran’s ports, which Iran calls a violation of the ceasefire, while Iran is keeping Hormuz closed to almost all other international traffic. The blockade and closure of the Strait of Hormuz have led to increased oil prices and concerns about supply shortages and a global inflation crisis
2) Navy Secretary John Phelan was fired after clashing with top leaders at the Pentagon, including over administration efforts to revive US shipbuilding. Phelan was pushed out after butting heads with Defense Secretary Pete Hegseth and Deputy Defense Secretary Stephen Feinberg over President Trump’s focus on a new US “Golden Fleet." Undersecretary Hung Cao will replace Phelan, according to Pentagon spokesman Sean Parnell, who said Phelan was stepping down “effective immediately."
3) Tesla anticipates billions of dollars in additional spending this year to support Elon Musk’s ambitions to transform the company into an AI and robotics company. Capital expenditures this year will exceed $25 billion, roughly three times last year’s outlay, to be put toward a dramatic expansion of factory operations and initiatives such as production of its Optimus humanoid robot. The investments will support production of key products including Cybercab, Semi and an updated version of its Megapack battery storage system, with Tesla remaining on track to start making these products.

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) The US and Iran are locked in a battle for control of the Strait of Hormuz after failing to meet for a fresh round of peace talks, with both sides blocking the waterway to gain leverage during an extended ceasefire. The US is maintaining a naval blockade on ships going to and from Iran&rsquo;s ports, which Iran calls a violation of the ceasefire, while Iran is keeping Hormuz closed to almost all other international traffic. The blockade and closure of the Strait of Hormuz have led to increased oil prices and concerns about supply shortages and a global inflation crisis 2) Navy Secretary John Phelan was fired after clashing with top leaders at the Pentagon, including over administration efforts to revive US shipbuilding. Phelan was pushed out after butting heads with Defense Secretary Pete Hegseth and Deputy Defense Secretary Stephen Feinberg over President Trump&rsquo;s focus on a new US &ldquo;Golden Fleet." Undersecretary Hung Cao will replace Phelan, according to Pentagon spokesman Sean Parnell, who said Phelan was stepping down &ldquo;effective immediately." 3) Tesla anticipates billions of dollars in additional spending this year to support Elon Musk&rsquo;s ambitions to transform the company into an AI and robotics company. Capital expenditures this year will exceed $25 billion, roughly three times last year&rsquo;s outlay, to be put toward a dramatic expansion of factory operations and initiatives such as production of its Optimus humanoid robot. The investments will support production of key products including Cybercab, Semi and an updated version of its Megapack battery storage system, with Tesla remaining on track to start making these products.

 Deadlock in US-Iran Peace Talks; Navy Secretary Fired

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/7715485a-721f-4a43-97dc-b435009bdb5d/transcript

BONUS EPISODE: Covid Cause Most Likely a Lab Leak, Report Says

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