Mark, I'm not going to ask you about Tesla, but I am curious about the tech selloff that we're seeing. The S&P 500 has dropped 3% since its most recent peak. Does the drop continue.Come Monday. My bias is pretty is it does continue. I mean, 3% is pretty irrelevant given the extraordinary gains we've seen this year. I mean, the key theme of the past six months is that we've seen this straight line rally with almost no pullbacks.And we're getting a little bit excited this week because we're seeing a few perce ...

Just walk us through these numbers here. How dire is the weakness in North America. Well, I think what really spooked people is the comments on the North Atlantic.And that is a route that is not to be underestimated for IAG. They get about a third of their capacity from that market. So any weakness in that market will really hit through to the sentiment to the bottom line.And that's why we're seeing the stock down quite a bit today. This has not been a great week for airlines. It's sort of similar to what w ...

This is what you need to know about Tesla's annual shareholder meeting and Elon Musk's trillion pay package. First, shareholders voted overwhelmingly to approve it. More than 75% of the vote was in favor confirming the biggest CEO corporate payout in history.The message is very clear Investors want to keep Elon Musk in the driver's seat and they're willing to hand over more control. This vote clears a path for Elon Musk to take his stake in Tesla to 25% over the next decade. But the award is in tranches and ...

If there was one thing that Europe could do to support companies like yours in Europe with your own model with of course your own stack of GPUs and AI accelerators, your own depth of research, what would it be. >> I think we need more uh boldness and more courage in Europe to build more AI. Uh I think I think as a as as as Europe, we're selling ourselves still a little bit short.Uh so I would I would really encourage all of the European governments to to put on a very strong AI related agenda and uh make su ...

US-China Trade & Geopolitics - The US has been a winner in trade deals, particularly with soybean exports and rare earth releases from China following meetings between Xi and Trump [1][2] - A shift within the Communist Party of China (CCP) towards a friendlier and more open orientation is making the Chinese market more attractive [4] - The biggest risk for China is a return to the "Wolf Warrior" stance, but the latest plenum suggests a desire to mend relationships with the US [12][13] - Taiwan was notably not mentioned in meetings between Xi and Trump, indicating a potentially significant shift in US-China relations [13] China Market & Technology - China's technology sector, especially in chips and other areas, is becoming increasingly self-sufficient and attractive to investors [5] - The Electric Vehicle (EV) market in China is experiencing incredible growth, with Chinese vehicles surpassing even luxury brands like Rolls Royce in some aspects [6][7] - The Chinese market is outperforming India and even the US market, signaling a potential long-term rerating of China [8][9] - A correction of 30-40% in the AI space is expected due to excessive spending, but AI remains critical [15][16][17] Emerging Markets & Investment Strategies - Emerging Markets (EM) are poised to benefit from trade policies, with Southeast Asian countries like Malaysia and Thailand potentially replacing China in some export sectors [19] - A stronger US dollar is generally positive for EMs as it boosts export earnings [24] - India's bureaucracy is a significant impediment to foreign investment, hindering its ability to absorb capital and technology [29][30] - Korea, along with Taiwan, is considered an interesting market due to its strong technology sector, despite recent sell-offs [36][37]

Bihar is is one election where the opposition thinks it has a chance. And and of course, therefore, it is going to be watched keenly. Does this upset the momentum for the BJP and does it then all go for the elections coming next year.Or does the BJP sort of continue with its juggernaut like. Former RBA governor Raghuram Rajan speaking to us earlier about the election in Bihar. The referendum in India's poorest state takes centre stage in our India Focus segment this week.Millions took part in the first phas ...

SHERY: MALAYSIA'S DEPUTY PRIME MINISTER HAS SAYS CHINESE TRADE HAS BEEN MORE FRIENDLY. THEY SPOKE TO BLOOMBERG ABOUT HOW MALAYSIA IS USING ITS TIES WITH BOTH BEIJING AND WASHINGTON. NOT ONLY ABOUT DIPLOMATIC REAL STATION BUT ALSO IN TERMS OF TRADE AND G.TO G. AND TO US AS WE MOVE FORWARD, RIGHT FROM LAST YEAR TOWARD THE FALL UNTIL 2028, WE ARE ASSUR ING A NEW GOLDEN ERA, ONE DEFINED BY INNOVATION AND ALSO HIGH QUALITY GROWTH HAS BEEN -- BY THE MINISTRY OF INTERNATIONAL TRADE AND INVESTMENT AND WELCOMED BY O ...

JOE: FROM BLOOMBERG'S WASHINGTON STUDIO TO TV AND RADIO AUDIENCES WORLDWIDE, WE WELCOME YOU TO "BALANCE OF POWER. " WE START WITH BREAKING NEWS -- TESLA SHAREHOLDERS HAVE JUST APPROVED A TRILLION DOLLAR COMPENSATION PACKAGE FOR CEO ELON MUSK, THE LARGEST PAYOUT EVER AWARDED TO A CORPORATE LEADER. WE START OUR PROGRAM THERE WITH ED LUDLOW, THE COHOST OF BLOOMBERG TECH. SHAREHOLDERS HAVE HAD THEIR SAY AND THERE ARE STRINGS ATTACHED FOR MUSK TO MAKE THIS MUCH MONEY. ED: SHAREHOLDERS HAVE HAD THEIR SAY, AND IN ...

It was an important development last week when our Department of Defense approves Tomahawk missiles for use in Ukraine. We understand President Trump will make the final decision on that. Have you heard anything from the administration or are you in conversations with the president about these cruise missiles.>> Uh well, it's it's not like it has been approved and it's a final uh decision. >> He still has to sign off on that. >> Yeah.So there's the the discussion is still ongoing but uh we have uh a lot of ...

the thousands of flights expected to be reduced just hours from now after the FAA announced major restrictions due to the ongoing government shutdown's impact on staffing. And tonight, a look at the 40 airports impacted. We should note these locations are preliminary and the information was provided to US Airlines by the government.10% again is the figure given by the Department of Transportation Secretary Shawn Duffy yesterday on the expected reductions from Anchorage and Cincinnati, Dallas and Honolulu to ...