Trump Tariff Plans Are Being Ironed Out and They’re Due Today
Good morning. The world will tune into the Rose Garden this afternoon. Things aren’t going to plan for Elon. And Hollywood mourns a caped crusader. Listen to the day’s top stories.
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The rising price of store cupboard staples and alcoholic drinks has lifted UK food inflation to a nine-month high, as the country’s Labour government faces growing political pressure over living costs.
US Stocks Fall, Bonds Gain as Fears Build Ahead of Trump Tariffs
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Markets were shaken again Monday by worries that President Donald Trump’s next tariff rollout will upend the global economy, pulling down US stocks as investors shifted into into havens like Treasury bonds and gold.
Stock Rout Deepens, Le Pen Barred from French Election, More
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Source: Bloomberg, 5:10
Roblox Rolls Out More Child Safety Tools on Its Game Platform
Byadmin
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Thailand Wants US Talks, Is Ready to Reduce Trade Surplus
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Thailand is prepared to deal with the fallout of the 36% reciprocal tariff imposed by the Trump administration, according to Prime Minister Paetongtarn Shinawatra, who signaled the nation’s readiness to take steps to cut its trade surplus with the US after talks.
How YouTube Became the “New King of All Media”
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According to new research from MoffettNathanson, YouTube is set to become the “New King of All Media.” As of 2024, YouTube was already the second-largest media company by revenue at $54.2 billion, trailing only Disney. However, this dynamic is expected to shift in 2025, when YouTube is poised to take the top spot — making it not only the leader in engagement but revenue as well. If YouTube was a standalone business, public comps suggest the business would be worth $475 to $550 billion, or about 30% of Alphabet’s current valuation.
MoffettNathanson co-founder and senior research analyst Michael Nathanson explains how YouTube’s dominance is impacting other streaming giants like Netflix and Disney, and how less powerful content providers are being forced to adapt. Michael speaks with Tom Keene and Paul Sweeney on Bloomberg Radio. (Source: Bloomberg)