US equity futures waver as a tech-led rally loses momentum ahead of Friday's payrolls report. DeepSeek plans to implement a significant price increase across its AI services, while Google shakes up its AI leadership. Kelsey Berro of JPMorgan Asset Management discusses the upcoming jobs report and the implications for the Federal Reserve. Chapters: 00:00:00 - Bloomberg Brief Begins, Opening Headlines & Market Preview 00:00:46 - Global Market Check: Asia Market Update: Chip Stocks Tumble, Europe Market Update & Sell America Trade 00:03:02 - US Markets, Futures & Premarket Movers 00:05:25 - Why Memory Chip Stocks Are Selling Off, DeepSeek Price Hike & Google AI Shakeup 00:08:45 - Trump Denies US Munitions Shortage Reports 00:12:20 - Trump Tariffs on Chinese Polysilicon 00:15:09 - Trending on the Terminal 00:16:36 - Situational Awareness Comeback After Near Collapse 00:20:13 - Front Page News 00:21:37 - Market Open Preview & Jobs Data 00:24:53 - Kelsey Berro, JPMorgan Asset Management Fixed Income Portfolio Manager, on Payrolls, Fed & Bonds 00:33:47 - Trending on the Terminal 00:34:53 - Google AI Leadership Changes & DeepSeek 00:38:40 - SpaceX Lockup Expiration Explained 00:42:19 - What to Watch: Earnings & Economic Data -------- 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