On today's podcast: 
1) US stocks are set to extend this week’s string of losses as investors stay risk-averse ahead of Federal Reserve Chair Jerome Powell’s Jackson Hole address, with markets scaling back bets on imminent rate cuts.
2) Meta Platforms Inc. is hiring another key Apple Inc. artificial intelligence executive, even as the social networking company prepares to slow its recruitment, according to people familiar with the matter. 
3) Nvidia Corp. has instructed component suppliers including Samsung Electronics Co. and Amkor Technology Inc. to stop production related to the H20 AI chip, the Information reported, citing unidentified sources.

On today's podcast: 1) US stocks are set to extend this week&rsquo;s string of losses as investors stay risk-averse ahead of Federal Reserve Chair Jerome Powell&rsquo;s Jackson Hole address, with markets scaling back bets on imminent rate cuts. 2) Meta Platforms Inc. is hiring another key Apple Inc. artificial intelligence executive, even as the social networking company prepares to slow its recruitment, according to people familiar with the matter. 3) Nvidia Corp. has instructed component suppliers including Samsung Electronics Co. and Amkor Technology Inc. to stop production related to the H20 AI chip, the Information reported, citing unidentified sources.

Listen for today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 3,000 journalists and analysts.

Listen for today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 3,000 journalists and analysts.

Bloomberg Daybreak: US Edition

Fed's Powell Speech at Jackson Hole; Meta Poaches Apple AI Executive

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/0eee9899-19e4-401e-b4a8-b34100a09147/transcript

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