OpenAI Sees $70B Revenue; Airtel Money Seeks Biggest UK IPO Since 2021

Bloomberg Television1 hour ago46:59

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. On today's show, global stocks edged higher following a tech-led selloff, while Brent oil slid after President Trump said the US won't attack Iran before the midterms. Bloomberg understands OpenAI is expecting annualized revenue of at least $70 billion by the end of the year, scotching rumours it was set to miss some estimates. And Airtel Money makes its debut on the London Stock Exchange in what's set to be the UK's biggest IPO in five years. Today's guest: Adam Dunnett, European Union Chamber of Commerce in China, Secretary General. Chapters: 00:00:00 - Daybreak Europe 00:02:38 - OpenAI Expects $70 Billion in Annualized Revenue by End of 2026 00:07:20 - SoftBank Seeks to Raise up to $100b From Gulf Investors: FT  00:12:32 - Fed Hike By Year-End Fully-Priced in 00:14:59 - China Defends Yuan Policy With Imbalances in Focus at EU Talks 00:19:37 - Airtel Money to Begin Trading in London Today 00:22:23 - London IPO Pipeline 00:25:13 - Futures Rise on OpenAI Revenue 00:28:53 - EU-China Trade Talks Underway in Beijing 00:32:45 - Adam Dunnett, European Union Chamber of Commerce in China, Secretary General 00:39:53 - European Gas Upside Builds 00:44:43 - Global Long Ends Hit 2026 Highs -------- 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