Intel, Amazon Earnings Spark Tech Selloff as AI Fears Mount
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead.
Tech stocks sold off for a second consecutive day as a rotation out of the AI trade accelerated, after earnings from Amazon and Intel raised fresh concerns about capital expenditure.
Binance has suffered the crypto industry’s biggest-ever hack in a fresh blow to efforts to push digital assets into the mainstream. The exchange said $6.3 billion worth of funds were affected, with $3 billion in crypto frozen, and that it had suspended all withdrawals as it works with law enforcement and completes a security revamp.
And France unexpectedly contracted in the third quarter, putting the economy on a weak footing as it faces headwinds from surging borrowing costs, violent protests and political and budgetary uncertainty.
Today guests: Gonzalo García San Miguel, Abenójar Tungsten, CEO; Sander van ’t Noordende, Randstad, CEO
Chapters:
00:00:00 - Bloomberg Daybreak Europe | 10/30/2026
00:01:26 - Credit Agricole
00:02:32 - Asia Markets Check
00:04:38 - Intel Earnings Highlights
00:07:12 - Bitcoin Drops on Binance Hack
00:10:19 - BOJ Keeps Overnight Call Rate at 1.25%
00:14:27 - Lagarde To Step Down Early
00:19:01 - Why US Economy Feels Worse | Bloomberg Originals
00:23:44 - French 3Q GDP Falls
00:26:26 - Spanish Tungsten Miner Abenójar CEO
00:34:37 - Impact of AI on Jobs Market
00:40:35 - Anthropic, Ray-Ban, Bayer
00:43:20 - Chart Talk
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