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Trump: Iran Should be ‘Very Worried’ & Trillion-Dollar Tech Wipeout | Daybreak Europe 2/05/2026

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February 5, 2026

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Bloomberg 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, Donald Trump warns Iran to be “very worried” as US military forces amass in the region. Iranian Foreign Minister Abbas Araghchi says nuclear talks with the US are scheduled for tomorrow morning in Muscat.

European equity futures and Asian shares dropped as AI concerns sparked a trillion-dollar tech wipeout over two days. Qualcomm fell postmarket after its sales outlook missed. Alphabet dipped despite topping revenue projections, and Arm tumbled on phone jitters.

Some of Keir Starmer’s Labour Party is turning against him over his ties to Peter Mandelson. With local elections looming and his popularity at record lows, Starmer’s premiership hangs in the balance.

Today's guests: Volvo Cars CEO Håkan Samuelsson & Peel Hunt Chief Economist Kallum Pickering.

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