Tech Rally Loses Steam In Europe as Oil Rises

A rally in technology stocks came to a halt as oil resumed its role in setting the tone for markets, with Brent heading for its first gain in a week as investors tracked diplomatic efforts to end the US-Iran war. Earlier, stocks got a lift after Meta’s new artificial intelligence agent, Muse, quickly rose to the top of mobile app charts. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards and Guy Johnson. Correct: Graphic edited at 01;00;19;11, 01;27;09;02, 01;34;40;22 to clarify that Ermotti said fee pools in banking are going be down, with UBS in-line with market trends. Chapters: 00:00:00 - The Opening Trade 00:00:28 - Market Check 00:03:28 - Tech Stocks Soar, Meta's Muse AI Agent 00:05:47 - Oil Price Rises 00:06:57 - Trump's UN General Assembly Speech 00:14:10 - CPU Rally Leads Semiconductors 00:18:45 - German Chancellor Merz on Elections 00:25:30 - Novo CEO Mike Doustdar 00:40:06 - Trump, Xi Jinping Summit 00:46:48 - Stocks to Watch: Tech, Roche, Kingfisher 01:00:57 - UBS CEO Ermotti on AT1 Proposals 01:04:26 - Meta's Muse AI Agent 01:09:03 - Novo's 2030 Ambitions 01:13:56 - Roche Obesity Shot Cuts Body Weight 15.5% 01:28:32 - China and US Discuss AI, Investment 01:32:56 - Brent Crude Price -------- 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