South Korea Confirms Over $1 Trillion in AI Spending | Daybreak Europe 6/29/2026
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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. South Korea unveiled an ambitious plan aimed at cementing its status as a technological powerhouse, with companies led by Samsung and SK Hynix initiating large-scale investments in memory chips, data centers and robotics. The US and Iran agreed to stop attacking each other before peace talks resume this week over the Strait of Hormuz and other issues, paving the way to end days of tit-for-tat attacks that tested a fragile truce. And Andy Burnham will pledge the biggest devolution of power in England in modern times in his first major speech since confirming his intention to succeed Keir Starmer as prime minister. Today's guest: Fabricio Bloisi, CEO, Prosus and Naspers Group. Chapters: 00:00:
Tags: AI stocks, Andy Burnham, Apple AI, Bitcoin, Business News, Donald Trump, Ethereum, Fabricio Bloisi, Federal Reserve, Global Markets, Gold Prices, Inflation, Interest Rates, Iran, Iran oil production, Nasdaq, Nvidia Stock, Prosus NV, S&P 500, SK Hynix
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