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ASML Boosts Outlook as Demand Outpaces Supply

2 days 3 hours ago
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from Brussels, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. On today's show, ASML says supply won't meet demand for its chipmaking machines out to 2028. This as Europe's most valuable company raised its full-year sales forecast. CEO Christophe Fouquet says they're looking at ways to increase capacity. Nvidia's CEO Jensen Huang has announced plans to invest $2 billion in European deals during a tour of the region. And Saudi Aramco’s executive headquarters in eastern Saudi Arabia was hit during a missile attack by Houthi militants. Today's guests: Anita Anand, Canadian Foreign Minister; Cathie Wood, ARK Invest Founder, CEO & CIO; Gan Kim Yong, Singapore Deputy Prime Minister and Trade & Industry Minister. (Source: Bloomberg)

Saudi Aramco Headquarters Hit in Houthi Attack as Iran Escalates Hormuz Ship Strikes

2 days 3 hours ago
Horizons Middle East & Africa is your daily spotlight on one of the world's fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg. (Source: Bloomberg)

India Found Itself ‘Let Down Miserably’ During Covid, Goyal Says

2 days 3 hours ago
India opted to double down on self-sufficiency after Covid, when it was unable to source essential equipment to deal with the pandemic and found itself “let down miserably” by other countries, the country Commerce Minister Piyush Goyal said. Hewas speaking at the Bloomberg New Economy Forum in New Delhi. (Source: Bloomberg)

Stocks Finish Lower Ahead of Wednesday’s CPI Report

2 days 3 hours ago
The S&P 500 Index ($SPX ) (SPY ) closed down by -0.02% on Tuesday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down by -0.35%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.31%. December E-mini S&P futures (ESZ26 ) fell -0.02%, and December E-mini...
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Stocks Finish Lower Ahead of Wednesday’s CPI Report

2 days 3 hours ago
The S&P 500 Index ($SPX ) (SPY ) closed down by -0.02% on Tuesday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down by -0.35%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.31%. December E-mini S&P futures (ESZ26 ) fell -0.02%, and December E-mini...
Barchart

Stocks Finish Lower Ahead of Wednesday’s CPI Report

2 days 3 hours ago
The S&P 500 Index ($SPX ) (SPY ) closed down by -0.02% on Tuesday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down by -0.35%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.31%. December E-mini S&P futures (ESZ26 ) fell -0.02%, and December E-mini...
Barchart

Ark's Wood Favors Nvidia, AMD in 'Volatile' Chip Cycle

2 days 3 hours ago
Cathie Wood, founder, CEO and CIO of Ark Investment Management, discusses why she avoids traditional memory-chip players, saying the business cycle is "most volatile." Speaking on Bloomberg Television, Wood adds that we are "just at the beginning" of the artificial intelligence revolution. "In terms of our semiconductor exposure, [we] tend to be at the less-cyclical end of the spectrum," she adds. (Source: Bloomberg)