AI Leaders Call For Development Slowdown as Safety Fears Mount
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Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from Brussels, 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. Stocks and futures retreated after major artificial intelligence companies called for a slowdown in the technology’s development, raising concerns about a sector that has powered this year’s rally. Oil pushed higher as Saudi Arabia’s closure of a major crude pipeline following attacks jolted the market, with the move disrupting a route that’s been key to bypassing the Strait of Hormuz during the US-Iran war. And Sweden’s election will go down to the wire, the tightest in its history, as a result hinges on the complete counting in coming days of late-arriving ballots and votes from overseas. All party leaders said the result was too close to call on election night. Today's guest: Maria Luis Albuq
Tags: Bitcoin, Canadian dollar, Daybreak Europe, European Union, Fed rate hike, Federal Reserve, Global Markets, Gold Prices, Inflation, Iran sanctions, Japanese yen, Kevin Warsh, Maria Albuquerque, Mark Carney, Saudi Aramco, Scott Bessent, Stephen Carroll, Strait of Hormuz, US Dollar, US inflation
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