Bloomberg Daybreak: Europe Edition Megacap Tech Delivers, Powell Bucks Dissenters, UK High-Rises Delayed
Jul 31, 2025
In this informative discussion, major tech players like Meta and Microsoft reveal plans to ramp up investments in AI, with Microsoft committing over $30 billion this quarter. Meanwhile, Standard Chartered announces a $1.3 billion share buyback, reflecting strong earnings despite tariff tensions. The podcast also highlights how UK housing developers struggle with complex safety regulations, further deepening the housing crisis. Additionally, President Trump’s new tariffs impact the global copper market, stirring conversations about trade dynamics.
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Episode notes
Meta's AI Boosts Ad Revenue
- Meta is leveraging AI to enhance its advertising business, increasing ad prices by about 9%.
- The company is boosting spending on AI, expecting meaningful revenue from these technologies soon.
Microsoft's Cloud Spurs Growth
- Microsoft reached a $4 trillion market cap driven by a 39% revenue increase in Azure cloud services.
- Investors see cloud and AI spending as key growth drivers, overshadowing economic uncertainties.
Fed Faces Rare Rate Dissent
- The Fed held rates steady but faced unusual dissent from two governors calling for rate cuts.
- This split signals uncertainty and political pressure ahead of decisions on future rate changes.