And right now we are 2 minutes away from the end of the trading day. Romaine Bostick alongside Katie Greifeld, taking you through to that closing bell with a global simulcast. It starts now.Tim Stanley Back in the radio booth, Emily Rafale by his side and for Carol Massar today. Welcome to our audiences across all of our Bloomberg platforms, television and radio, our partnership with YouTube on a day where the market that rally got upended in a big way, a new, fresh social media post term center backed by t ...

The U.S. stock market is experiencing a day of mixed signals and heightened volatility at midday on Friday, October 10, 2025. Major indexes are largely in the red, grappling with the weight of renewed U.S.-China trade tensions following President Donald Trump's threats of "massive" tariff increases on Chinese products. This geopolitical development, coupled with the ongoing U.S. government shutdown, is casting a shadow over investor sentiment, despite some strong individual company performances.Major Market ...

Chicago Fed President Austan Goolsbee said on Thursday that new data from his staff indicates the labor market remains stable. “I think it indicates some steadiness in the labor market, and I think the underlying economy is still growing pretty solidly,” Goolsbee said. He reiterated that rates could be lowered “a fair amount” if policymakers gain confidence that inflation is moving back toward the Fed’s 2% target. Also, Dallas Fed President Lorie Logan said she will approach further rate cuts with caution a ...

Company Insights - Nvidia has made a $5 billion investment in Intel, which is seen as a strategic move to support domestic chip manufacturing and align with national interests [1][2] - Intel's stock has increased over 50% year-to-date, nearing its 52-week highs, indicating strong market performance [4][6] - Despite the positive sentiment around Intel, the valuation is considered high, and the investment from Nvidia is relatively small compared to Nvidia's market cap of $4 trillion [6][5] Economic Context - The Federal Reserve's recent interest rate cuts are viewed as insufficient to address underlying structural issues in the economy, leading to concerns about job losses and potential stagflation [7][10] - Stagflation is characterized by rising inflation and job losses, a situation not seen in a long time, which raises alarms about the current economic environment [10][12] - There is a disconnect between the stock market, which is reaching all-time highs, and the struggles faced by the broader economy, particularly in terms of employment [11][12] Market Strategy - The expectation is for a market pullback of approximately 15-17%, which is considered necessary for healthy market corrections [15][16] - Current market conditions suggest that institutional selling is occurring as profit-taking begins, particularly as the market enters historically weaker months [14][15] - In a stagflationary environment, the focus is shifting towards undervalued companies that generate cash flow, with interest in sectors like agriculture and construction, such as John Deere and Caterpillar [24][25]

JPMorgan CEO Jamie Dimon told CNBC in an interview on Tuesday that the record revision to U.S. payrolls data underscores that the U.S. economy is contending with a slowdown. “The economy is weakening,” Dimon said. “Whether that is on the way to recession or just weakening, I don’t know.”“The labor market appears weaker than originally reported,” said Jeff Roach at LPL Financial. “A deteriorating labor market will allow the Fed to highlight the need to ease rates. Investors should expect the Fed to officiall ...

Market Performance - Wall Street experienced a mixed performance last week, with a slump in the middle driven by fears of an AI bubble and doubts over AI investments' substitutability, followed by a strong finish due to Federal Reserve Chair Jerome Powell's hints at a possible September rate cut [1][2] - On August 22, 2025, Wall Street rallied sharply after Powell suggested interest rates could be lowered soon, indicating a shift in the economic outlook that may warrant a change in monetary policy [2][3] - Traders' expectations for a September rate cut rose significantly, with the probability increasing to 91.5% by Friday afternoon, compared to 70% earlier that day and 85% a week prior, leading to a drop in treasury yields and a rise in stock prices [4] Index Performance - The Dow Jones Industrial Average increased by 1.9% to a record high on August 22, 2025, while the S&P 500 rose by 1.5% and the Nasdaq Composite gained 1.9%. Overall, the S&P 500 gained 0.3% last week, the Dow Jones added over 1.5%, and the Nasdaq lost 0.6% [5] ETF Highlights - KraneShares SSE Star Market 50 Index ETF (KSTR) rose by 12.8% last week, focusing on the 50 largest companies on the SSE Science and Technology Innovation Board [7] - AdvisorShares Pure Cannabis ETF (YOLO) increased by 12.5%, benefiting from potential reclassification of marijuana by President Trump [8] - ARK 21Shares Active Ethereum Futures Strategy ETF (ARKZ) gained 11.3%, with Ethereum leading digital asset gains [9] - Global X MSCI China Consumer Discretionary ETF (CHIQ) rose by 6.4%, driven by steady performance in Chinese e-commerce stocks and significant gains in auto stocks like NIO, which surged by 29% [10] - VanEck ChiNext ETF (CNXT) increased by 5.1%, attracting attention due to a sustained recovery in Chinese stocks and capital inflows [12]

Intel's Challenges and Needs - Intel faces technological and customer acquisition challenges, not just financial ones [1] - Intel needs external capital infusion, whether from customers or the government, to secure its foundry for the long term [6] - Intel requires tens of billions of dollars to reach 14nm production, in addition to its own investment and customer contributions [6] - Intel needs to secure customer wins to build confidence, even though its technology is considered good on paper [8] - Intel's capital needs are at the root of its current situation [9] Government and Industry Perspectives - The U S government should support a U S company like Intel to make leading-edge chips for national security reasons [3] - The U S government taking equity in Intel could incentivize others to support and buy from them [7] - Tariffs or regulations could encourage customers to use Intel, but winning on technological merit is preferable [11] - TSMC is unlikely to bring leading-edge technology to the U S, making Intel the best bet for advanced chip manufacturing in the U S [10] Potential Solutions and Considerations - A combination of private equity and government investment in Intel makes sense to protect that investment [11] - Structuring a government investment in a fair way, such as divesting shares or paying back the investment, is crucial [12][13] - The government's involvement in investments is very tricky [13] - Intel's stock has increased 27% over the course of five days [4]

Group 1 - The article highlights the importance of weekly announcements from Sunday to Thursday, which include significant stock market events such as suspensions, shareholding changes, investment wins, acquisitions, earnings reports, unlocks, and high transfers, marked in red for easy identification [1] - A company has achieved mass production and shipment in the optical module and CPO packaging fields, collaborating deeply with Nvidia on 1.6T optical module process development [1] - Another company is involved in high-performance chips with multiple projects undergoing sampling and validation, focusing on optical modules, glass substrates, advanced packaging, and storage chips in partnership with Huawei [1] Group 2 - A company plans to invest 300 million yuan in a project for aerospace composite materials high-performance fiber preforms, which encompasses military applications, large aircraft, solid-state batteries, robotics, controllable nuclear fusion, and third-generation semiconductors [1]

Market Dynamics & Geopolitics - The chip industry is navigating the impact of political factors, particularly concerning access to the Chinese market, which is one of the largest chip markets in the world [3][4][5] - Companies are trying to understand the "rules of the game" to maintain access to the Chinese market, potentially involving compromises or deals [2][5] - Restrictions on chip exports to China could impact the long-term growth and valuations of companies like AMD and NVIDIA [11][12] - China's potential shift towards domestic chip production could further impact the global chip market [11] Company Strategy & Risk Management - Companies are adopting a "read and react" approach to policy changes, rather than relying on forecasting [7] - Access issues to the Chinese market are expected to increase costs and complexity for chipmakers [13] - The fundamental narrative for investing in companies like AMD and NVIDIA remains strong despite these challenges [13] Intel's Situation - There are questions surrounding Intel's leadership and its ability to develop the right types of chips [14] - Potential leadership changes at Intel could be influenced by political factors [15][16] - Intel faces significant challenges in terms of corporate structure and innovation [17]

I know people always want precision and what I will give you is exactly um how things um are playing out from our standpoint. Um I think we've seen an improvement over the last 90 days. You know 90 days ago uh you know we did not expect to believe to ship uh to be able to ship to China because of some of the regulations.I think the um this administration um the department of commerce the government has actually been very open uh to uh trying to find the right balance between national security and ensuring t ...