SpaceX Falls On AI Spending Fears | Daybreak Europe 8/5/2026
Community Score: 50% | 1.7K views | 1w
0 community ratings: null thumbs up, null thumbs down
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, SpaceX fell in extended trading as concerns about its AI spending plans overshadowing an inaugural quarterly report that broadly surpassed Wall Street forecasts. US President Donald Trump says the Strait of Hormuz will be open 'very soon'. He was speaking after Qatar said a proposal had been drafted and Axios reported US, Iran and Oman are preparing to announce as soon as Wednesday a 60-day agreement on shipping through the Strait of Hormuz. And Siemens Energy says strong demand for gas turbines and grid equipment should push its profit margin to the upper end of its guidance, while chipmaker Infineon forecast revenue that beat estimates on rising demand for its data-center chips.
Tags: AI, AMD, Abeer Abu Omar, Anthropic, Charu Chanana, Christian Bruch, Data centers, Donald Trump, Elon Musk, Global Markets, Heineken, Hong Kong, Hormuz, Inflation, Iran, Kospi, Nasdaq, Neil Campling, Oil, S&P 500
More from Bloomberg Television
- Americans Crave Low-Cost Chinese EVs — Score: 50%
- Bloomberg This Weekend | Shots Fired at WHCD — Score: 50%
- Rep. Beyer: "We Are More Divided Than We've Ever Been" — Score: 50%
- Rep. McCaul on How to Combat Political Violence — Score: 50%
- Sen. Tillis Expected to Clear Way for Kevin Warsh as Fed Chair — Score: 50%
- King Charles' Security Under Review ahead of DC Visit — Score: 50%