Marc Davies

London

Reporter at Bloomberg News

Reporter at Bloomberg Originals

Headline, deadline, red wine.

Articles

Tesla Hits Brakes on Growth Outlook After Profit Miss

3 weeks ago | bloomberg.com | Marc Davies

Good morning. Tesla profit misses as the EV maker warns of more tariff pain ahead. Trump says the levies on China may come down “substantially.” Bitcoin’s latest bounce revives the bull case for “digital gold.” Listen to the day’s top stories. Tesla backed away from an earlier view for 2025 sales growth and pledged to revisit its outlook next quarter after posting downbeat earnings.
Tesla Hits Brakes on Growth Outlook After Profit Miss

3 weeks ago | flipboard.com | Marc Davies

NowTesla profits plunge as Trump’s trade war and Musk alliance cloud its futureCNN — Tesla revenue and earnings plunged in the first quarter and it warned that the escalating trade war muddied the company’s outlook for the rest of this year.
Trump Says ‘No Room Left’ for Canada, Mexico to Negotiate Tariffs

2 months ago | bloomberg.com | Marc Davies

Good morning. Donald Trump plows ahead with new tariffs on Canada, Mexico and China. TSMC unveils $100 billion in new US investment. And White Lotus fans are splurging on trips to Thailand to mimic moments from the show. Listen to the day’s top stories. US tariffs on Mexico and Canada will take effect on March 4 as planned, Donald Trump said, and there’s “no room left” for them to negotiate the 25% levies.
Trump Says ‘No Room Left’ for Canada, Mexico to Negotiate Tariffs

2 months ago | flipboard.com | Marc Davies

3 hours agoU.S. stocks declined as President Trump’s tariffs against Mexico, Canada, and China are set to take effect at midnight. While there has been much debate over the wisdom of Trump’s tariff policy, the issue goes much deeper than inflation. Timely tariffs can have a noticeable impact on the financial …
Ukraine Urges Europe to Pick Envoy for Peace Talks

2 months ago | bloomberg.com | Marc Davies

Good morning. Ukraine urges Europe to put forward an envoy for peace talks as leaders race to ramp up defense spending. Shein faces pressure to slash its valuation. And the party is still raging in Dubai’s red-hot property market. Listen to the day’s top stories.
Europe Eyes Defense Spending Revamp as US Shuts Security Umbrella

2 months ago | bloomberg.com | Marc Davies

Good morning. European leaders are rushing to boost defense spending as the US calls time on its transatlantic security umbrella. Brace for the “smartest AI on Earth.” And why cold coffee’s become an even hotter topic. Listen to the day’s top stories. Top US and Russian officials are poised to meet in Saudi Arabia in coming days to pave the way for a potential leaders’ summit, as Donald Trump forges aheadwith plans for a deal to end the war in Ukraine.
Nvidia Claws Back After DeepSeek Throttles US Tech

Jan 28, 2025 | bloomberg.com | Marc Davies

Good morning. Tech stocks look poised for a breather after yesterday’s DeepSeek-fueled drop. Donald Trump promises “much bigger” tariffs, including on autos from Canada and Mexico. And cars are getting way more expensive, with or without those levies. Listen to the day’s top stories. Wall Street is still nursing its wounds after DeepSeek’s sudden prominence hammered stocks and raised the stakes in Silicon Valley’s costly AI drive.
Trump to Kick Off Second Act with Flurry of Executive Orders

Jan 20, 2025 | bloomberg.com | Marc Davies

Good morning. It’s Inauguration Day and Donald Trump’s kicking off with a flurry of executive action. TikTok’s out of the dark, but not the woods. And Bitcoin rallies as crypto execs rebuff Trump’s memecoins. Listen to the day’s top stories. Donald Trump took a final victory lap at a rare pre-inauguration rally, touting the “end of American decline” and reiterating he’ll sign close to 100 executive orders after being inaugurated as the 47th president at noon ET.
Israel Says Gaza Ceasefire Deal On Track as Cabinet Meets

Jan 17, 2025 | bloomberg.com | Marc Davies |Tiago Ramos Alfaro

Good morning. Israel’s cabinet meets toapprove a ceasefire deal. Donald Trump readies about 100 executive orders. And SpaceX has another, erm, rapid unscheduled disassembly. Listen to the day’s top stories. Israel’s Prime Minister said it finalized an agreement with Hamas to pause the war in Gaza, suggesting a ceasefire—including the release of hostages—is on track to begin on Sunday. Now the cabinet has to ratify the pact, with a meeting currently underway.
Cost of Deadly LA Fires Soars as 10,000 Structures Destroyed

Jan 9, 2025 | bloomberg.com | Marc Davies

Good morning. Firefighters battle spot blazes in Los Angeles as the toll of destruction soars. Wall Street says stocks need a ‘Goldilocks’ US jobs report. And the “kidnapping” of a Venezuelan politician sparks global protests. Listen to the day’s top stories. Firefighters made some progress in taming several fires that reduced entire neighborhoods in Los Angeles to ash, though new blazes have started up as the toll of the destruction continues to rise.