AI Leaders Call For Development Slowdown as Safety Fears Mount

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 Albuquerque, EU Financial Services Commissioner. Chapters: 00:00:00 - Daybreak Europe 00:03:18 - Asia Stocks Drop on AI Slowdown Concerns 00:06:10 - Anthropic Expects an Operating Profit This Quarter, FT Says 00:09:25 - Saudi Shuts Oil Pipeline That Bypasses Hormuz 00:15:20 - Markets Eye BOJ Signals on Rate Path 00:19:32 - Swedish Voters in Limbo in Election Race Too Close to Call 00:20:02 - Swedish Election to go Down to the Wire 00:26:09 - Maria Luis Albuquerque, EU Financial Services Commissioner 00:38:11 - Orcel, Germany's Klingbeil to Meet Later 00:40:17 - Trump Says he Would Like to See Ireland 'Unified' 00:42:53 - Trump Vows to Lift Irish Whiskey Tariffs at Irish Open -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts