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Tech Disappoints, Musk's $55bn Pay Package Voided & Europe's $2.6bn Dirty Habit

Bloomberg Daybreak: Europe Edition

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Tech Earnings and AI Dominance

This chapter discusses the quarterly results of Microsoft and Alphabet, highlighting the growth in Microsoft's cloud business and Alphabet's strong revenue. It also explores the impact of generative AI on both companies' market dominance. Additionally, it mentions the departure of senior bankers from UBS, the voiding of Elon Musk's Tesla pay package, and the Federal Reserve's meeting to hold rates steady.

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