Trump Winds Down Riyadh Trip; Humain & Big Tech's Gulf Deals | Bloomberg Brief 05/14/2025
May 14, 2025
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43:39Now PlayingTrump Winds Down Riyadh Trip; Humain & Big Tech's Gulf Deals | Bloomberg Brief 05/14/2025
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as posted by the channelUS equity futures fluctuate after the S&P 500 and the Nasdaq 100 erased year-to-date losses. The dollar weakens on news of currency talks between the US and South Korea. President Trump winds down his visit to Saudi Arabia after a slew of deals were cut by American big tech firms and the Kingdom's newly created AI firm, Humain. Republicans say a SALT cap deal is likely. Kallum Pickering of Peel Hunt says the "hopium" theme running through markets is unsustainable in spite of trade war de-escalation. Marvin Loh of State Street says there remains a stagflation concern. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda.
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