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Yen Extends Drop, Meta & Microsoft Spark AI Stock Rally | The Opening Trade 05/01
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May 1, 2025
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1:35:50Now PlayingThe yen extended its declines against the dollar as Bank of Japan Governor Kazuo Ueda spoke of uncertainties due to tariffs, after the bank kept its rates steady and pushed back the expected timing of its price target. Ueda said that the likelihood that the BOJ’s outlook will be realized isn’t as high as it was before, and that uncertainty is extremely high due to tariff measures.
Microsoft shares rise as much as 7.3% in premarket trading on Thursday, after the software giant reported third-quarter results that beat expectations, The world’s largest software maker is considered a leader in commercializing AI products, thanks to its close partnership with ChatGPT maker OpenAI. Meta also beat as expectations amid concern of the impact of the Trump administration’s trade war on advertising sales. Meta is unveiling a new standalone AI app, Meta AI.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Kriti Gupta.
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