The Trump administration is in talks with Intel to have the US government take a stake in the beleaguered chipmaker, according to people familiar with the plan, in the latest sign of the White House’s willingness to blur the lines between state and industry. A deal would help shore up Intel’s planned factory hub in Ohio, said the people, who asked not to be identified because the deliberations are private.
Donald Trump and Vladimir Putin will measure success at their summit in Alaska very differently, with Trump seeking a ceasefire in Ukraine and Putin seeing the meeting as a win without making concessions.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Kriti Gupta, Guy Johnson and Valerie Tytel.
Chapters:
00:00:00 – The Opening Trade
00:01:34 – Trump-Putin Summit in Alaska
00:05:47 – China’s Economy Slows Sharply
00:07:18 – Fed Rate Cut Odds
00:10:54 – Goldman Millenium Stake
00:11:33 – US Government Intel Stake
00:16:01 – Dollar, Treasury Yield Rises
00:21:01 – Dollar Overvalued: Coutts CIO
00:26:08 – Trump-Putin Summit
00:39:39 – Inflation Coming in Next Months: MLIV
00:47:23 – Stocks to Watch: Defense Stocks, Luxury Stocks, Orsted
01:03:01 – Defense Stocks Down
01:16:08 – Russian Demands Ukraine Cede Territory
01:22:35 – NATO to Spending $7 Trillion by 2030: Apollo
01:31:52 – Intel Stock
01:33:50 – Palio di Siena
01:34:39 – English Premier League Returns
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