Yields Rise; Nvidia Preview; SpaceX Setback; Musk Slams Trump’s Tax Bill | Bloomberg Brief 5/28/2025

Stocks hover and Treasury snap a three-day rally after a Japanese super-long government bond auction fetched weak demand. Nvidia reports first quarter earnings after the bell. A SpaceX Starship rocket is destroyed during a test flight in a third consecutive setback. Elon Musk criticizes President Trump’s tax bill. Trump says the US government would retain guarantees over Freddie Mac and Fannie Mae as he pursues a public offering for the mortgage giants. Nandini Ramakrishnan of JPMorgan says investors are turning to emerging markets for diversification. Stephanie Guild of Robinhood says Chinese tech companies are undervalued by investors chasing the artificial intelligence trade. “Bloomberg Brief” delivers the market news, data and analysis you need to set your agenda.

Chapters:
00:00:01 – Intro
00:01:37 – First Look Movers
00:03:35 – Nandini Ramakrishnan, JPMorgan Asset Management EM Equities Macro Strategist
00:11:23 – Trending on the Terminal
00:17:40 – Front Page News
00:22:47 – First Look Movers
00:24:30 – Stephanie Guild, Robinhood CIO
00:30:51 – Trending on the Terminal
00:42:29 – What to Watch
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