OpenAI's Chip Ambitions & Fed Bets Drive Stocks | Daybreak Europe 9/5/2025
September 5, 2025
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47:00Now PlayingOpenAI's Chip Ambitions & Fed Bets Drive Stocks | Daybreak Europe 9/5/2025
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as posted by the channelBloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, 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, The S&P 500 hits a record high on more signs of a cooling US labour market, fuelling bets on rate cuts from the Fed. We'll get non-farm payrolls later today. Broadcom soars on reports of $10 billion of orders from a partnership with OpenAI to design and produce accelerator chips in a bid to take on Nvidia. The French Prime Minister holds last ditch meetings ahead of Monday's confidence vote.
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