On this special President's Day Holiday edition of Bloomberg Daybreak, host Nathan Hager discusses:

-We get another big earnings report ahead of Nvidia. On Thursday, we hear from Walmart. For more, we hear from Bloomberg Intelligence Senior Analysts Jen Bartashas and Poonam Goyal.

- Nvidia reports its latest quarterly numbers next week. So what should we expect from the chip -behemoth? We speak with Mandeep Singh and Kunjan Soubhani of Bloomberg Intelligence.

-The world’s richest man, Elon Musk, is suing OpenAI, a company he co-founded. That trial is set to take place in April. We get details from Bloomberg Intelligence Litigation Analyst Matthew Schettenhelm

 

 

On this special President's Day Holiday edition of Bloomberg Daybreak, host Nathan Hager discusses:
-We get another big earnings report ahead of Nvidia. On Thursday, we hear from Walmart. For more, we hear from Bloomberg Intelligence Senior Analysts Jen Bartashas and Poonam Goyal.
- Nvidia reports its latest quarterly numbers next week. So what should we expect from the chip -behemoth? We speak with Mandeep Singh and Kunjan Soubhani of Bloomberg Intelligence.
-The world&rsquo;s richest man, Elon Musk, is suing OpenAI, a company he co-founded. That trial is set to take place in April. We get details from Bloomberg Intelligence Litigation Analyst Matthew Schettenhelm
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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

Daybreak Holiday: Walmart, Nvidia, OpenAI

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/fa4a5caa-ad47-4404-ad9d-b3f200be302e/transcript

Secretary of State Marco Rubio said Europe’s fate is intertwined with the US while faulting the continent for what he said was a drift away from their shared Western values. 
The double-edged message offered some reassurance to allied leaders gathered at the Munich Security Conference but did little to temper their push for more independence from Washington. 
“We want Europe to prosper because we’re interconnected in so many different ways, and because our alliance is so critical,” Rubio told Bloomberg News Editor-in-Chief John Micklethwait on the sidelines of the conference on Saturday. “But it has to be an alliance of allies that are capable and willing to fight for who they are and what’s important.”
“What is it that binds us together? Ultimately, it’s the fact that we are both heirs to the same civilization, and it’s a great civilization,” he said. “It’s one we should be proud of.”
Rubio’s comments elaborated on a speech he delivered to the event, Europe’s premier annual security gathering, earlier Saturday morning. The speech was the most anticipated of the three-day conference, with fellow leaders eager to hear if he would double down on the contemptuous tone voiced a year earlier by Vice President JD Vance at the same venue.

Secretary of State Marco Rubio said Europe&rsquo;s fate is intertwined with the US while faulting the continent for what he said was a drift away from their shared Western values.&nbsp; The double-edged message offered some reassurance to allied leaders gathered at the Munich Security Conference but did little to temper their push for more independence from Washington.&nbsp; &ldquo;We want Europe to prosper because we&rsquo;re interconnected in so many different ways, and because our alliance is so critical,&rdquo; Rubio told Bloomberg News Editor-in-Chief John Micklethwait on the sidelines of the conference on Saturday. &ldquo;But it has to be an alliance of allies that are capable and willing to fight for who they are and what&rsquo;s important.&rdquo; &ldquo;What is it that binds us together? Ultimately, it&rsquo;s the fact that we are both heirs to the same civilization, and it&rsquo;s a great civilization,&rdquo; he said. &ldquo;It&rsquo;s one we should be proud of.&rdquo; Rubio&rsquo;s comments elaborated on a speech he delivered to the event, Europe&rsquo;s premier annual security gathering, earlier Saturday morning. The speech was the most anticipated of the three-day conference, with fellow leaders eager to hear if he would double down on the contemptuous tone voiced a year earlier by Vice President JD Vance at the same venue.

Special Coverage: A Conversation with Secretary of State Marco Rubio

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/f1d34ffb-f945-4c5a-bc6f-b3f100f76bd8/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 – a look ahead to what to expect from homebuilders in the months ahead along with a focus on 3 stocks for the week ahead.
In the UK – a look ahead to UK jobs data.
In Asia – a look ahead to the Lunar New Year Holiday in China.

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; a look ahead to what to expect from homebuilders in the months ahead along with a focus on 3 stocks for the week ahead.</li>
<li>In the UK &ndash; a look ahead to UK jobs data.</li>
<li>In Asia &ndash; a look ahead to the Lunar New Year Holiday in China.</li>
</ul>

Daybreak Weekend: Homebuilders Preview, UK Jobs, Lunar New Year

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e79ffb13-ac5f-43b8-a403-b3f00130a030/transcript

Today's top stories, with context, in just 15 minutes.

On today's podcast:
1) The Trump administration is working to narrow its broad tariffs on steel and aluminum products that companies find difficult to calculate and the European Union wants reined in as part of its pending trade deal with the US, a person familiar with the matter said. The US Trade Representative’s Office is scrambling to resolve complications spawned last year by the Commerce Department’s efforts to rush out President Trump’s tariff agenda, the person said. The White House has communicated to companies that adjustments are in the works, but details and timing remain unclear. 
2) President Trump said his administration has rescinded the “endangerment finding,” a landmark scientific determination that greenhouse gases pose a threat to human health and welfare. The 2009 finding serves as the legal foundation for a variety of environmental rules, including federal climate standards for cars and trucks. Trump said he’s also repealing those vehicle-related standards. The decision to repeal, which has been telegraphed for months, lays the groundwork for unwinding more federal climate regulations, according to environmental and legal experts. Thursday’s announcement, made alongside Environmental Protection Agency Administrator Lee Zeldin, marks the administration’s most consequential climate rollback, as well as its biggest deregulatory move.
3) A Saturday shutdown of the Department of Homeland Security is all but inevitable after the Senate failed to advance a funding bill and headed out on a week-long recess without a deal regarding new limits on immigration enforcement. The Senate vote to begin debate on a year-long DHS bill without enforcement changes failed 52 to 47. A Republican attempt to get unanimous consent to pass a stopgap DHS bill also failed. Many department employees will be expected to work without pay during a shutdown. But a prolonged fight risks roiling workers like Transportation Security Administration employees at airports. Those carrying out immigration enforcement activities at Immigration and Customs Enforcement and Customs and Border Protection will likely be paid even during a longer shutdown by funds allocated under President Trump’s tax bill.

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) The Trump administration is working to narrow its broad tariffs on steel and aluminum products that companies find difficult to calculate and the European Union wants reined in as part of its pending trade deal with the US, a person familiar with the matter said.&nbsp;The US Trade Representative&rsquo;s Office is scrambling to resolve complications spawned last year by the Commerce Department&rsquo;s efforts to rush out President&nbsp;Trump&rsquo;s tariff agenda, the person said. The White House has communicated to companies that adjustments are in the works, but details and timing remain unclear. 2) President Trump&nbsp;said his administration has rescinded the &ldquo;endangerment finding,&rdquo; a landmark scientific determination that greenhouse gases pose a threat to human health and welfare.&nbsp;The 2009 finding serves as the legal foundation for a variety of environmental rules, including federal climate standards for cars and trucks. Trump said he&rsquo;s also repealing those vehicle-related standards. The decision to repeal, which has been telegraphed for months, lays the groundwork for unwinding more federal climate regulations, according to environmental and legal experts. Thursday&rsquo;s announcement, made alongside Environmental Protection Agency Administrator&nbsp;Lee Zeldin, marks the administration&rsquo;s most consequential climate rollback, as well as its biggest deregulatory move. 3) A Saturday shutdown of the Department of Homeland Security is all but inevitable after the Senate failed to advance a funding bill and headed out on a week-long recess without a deal regarding new limits on immigration enforcement.&nbsp;The Senate vote to begin debate on a year-long DHS bill without enforcement changes failed 52 to 47. A Republican attempt to get unanimous consent to pass a stopgap DHS bill also failed. Many department employees will be expected to work without pay during a shutdown. But a prolonged fight risks roiling workers like Transportation Security Administration employees at airports. Those carrying out immigration enforcement activities at Immigration and Customs Enforcement and Customs and Border Protection will likely be paid even during a longer shutdown by funds allocated under President Trump&rsquo;s tax bill.

US to Narrow Metals Tariffs; DHS Shutdown Looms as Senate Fails to Cut Deal

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Daybreak Holiday: Walmart, Nvidia, OpenAI

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