Episode summary
Daybreak Weekend: Nvidia Earnings, UK Labour Market, APEC Summit | Bloomberg Daybreak: US Edition
Bloomberg Daybreak: US Edition
· · Hosts: Nathan Hager
Summary
The episode centered on three macro themes for the week ahead: Nvidia’s first earnings report after the ouster of CEO Jensen Huang, UK labor-market data arriving after a strong GDP print and a recent Bank of England hike, and the APEC summit in China with trade and geopolitics in focus. On Nvidia, the host framed the company’s $4 trillion market-value slide and said investors will be watching whether execution can hold up without Huang, while guests argued that the next couple of quarters look largely booked but that leadership, supplier relationships, and AI demand will matter more beyond 2027.
Key takeaways
- The host said Nvidia’s earnings Tuesday will be the first major test of the post-Jensen Huang era, with Wall Street looking for about $109 billion in revenue and $247 a share in earnings.
- An analyst said Nvidia’s next couple of quarters are already largely locked in, but execution and the eventual CEO choice could affect growth beyond the first half of 2027.
- The UK economics discussion pointed to 0.7% GDP growth in Q3 and 4.7% unemployment in August, but also warned that youth unemployment and weak hiring remain concerns.
- Matthew Bunny said the Bank of England could still raise rates again, with December and February both still in play depending on wages and inflation.
- The APEC preview said China’s export strength and control over critical supply chains, especially advanced tech and rare earths, will shape the summit’s diplomatic tone.
Notable quotes
“We begin today's program with Nvidia. It has been a brutal week for the AI chip giant”
“Wall Street is expecting around 109 billion in revenue and earnings of roughly $247 per share”
“AI has helped the UK economy grow at its fastest pace in two and a half years with gross domestic product rising 0.7% in the third quarter”
“Some of the world's biggest economies gather in China this week for the APEC Summit”
Topics
- nvidia earnings
- stock outlook
- uk labor market
- apec summit
- week ahead market stocks
Companies and tickers mentioned
- NVDA
- DIS
- WMT
- Nvidia
- Walt Disney
- Walmart
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Summary, takeaways and quote selection by Octagon. Quotes are short excerpts; the full conversation is in the episode.
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