Tech Stocks Fall Ahead of US Payrolls; Apple, OpenAI Bid with Government | Bloomberg Brief 7/2/2026
Technology stocks fall ahead of the US June payrolls report. The yen strengthens sharply against the dollar as traders stay alert for a potential intervention
Technology stocks fall ahead of the US June payrolls report. The yen strengthens sharply against the dollar as traders stay alert for a potential intervention from the Japanese government. Apple is said to have appealed to the Trump administration in an effort to buy Chinese-made memory chips from firms on Pentagon's blacklist. OpenAI is reportedly having discussions about giving the US government a 5% stake in the company.
Veronica Clark of Citi looks ahead to the June jobs report. 00:00:00 Opening Headlines: Tech rally, payrolls, OpenAI, Apple & yen 00:03:05 Premarket Movers: Tech selloff, Bayer upgrade, American Eagle 00:04:30 Jobs Preview: What matters most in the June payrolls report? 00:08:22 OpenAI proposes handing Trump administration 5% stake 00:14:26 Trending on the Terminal 00:22:27 Front Page News 00:24:17 Payrolls Deep Dive with Michael McKee 00:29:58 Fed reaction, inflation & policy outlook 00:33:02 Trending on the Terminal 00:42:11 What to Watch More on Bloomberg Television and Markets Like this video?
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