DeepSeek Plans AI Price Hike; Google Reshuffles AI Leadership | Bloomberg Brief 08/06/26
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
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