Tech Rout Deepens, Double Central Bank Decision Day | The Pulse 2/5/2026

Описание: The global tech selloff deepened overnight, as an initial rout in software stocks extended to chipmakers. Tepid earnings from Arm, Qualcomm and Alphabet did little to improve sentiment. Hundreds of billions of dollars have been wiped off the value of stocks, bonds and corporate loans in the last two days, while an iShares ETF tracking software stocks has lost $1 trillion in 7 days.

The Bank of England and European Central Bank are both expected to hold interest rates. Attention will turn to the inflation and growth forecasts to be published by the Bank of England.

Today's guests: Iain Stealey, JPMorgan Asset Management, Fixed Income International CIO; Bruna Skarica, Morgan Stanley, Chief UK Economist; Ellie Geranmayeh, European Council on Foreign Relations, Middle East and North Africa Program Deputy Director; Jackie Ineke, Spring Investments, CIO; Richard Harpin, HomeServe, Founder

---
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.

Chapters:
00:00:00 - The Pulse with Francine Lacqua
00:00:26 - Global tech stock selloff stalls
00:01:49 - Tech wipeout ensnares all stocks in AI's path
00:04:07 - Market roundtable: JPMorgan AM's Iain Stealey & Morgan Stanley's Bruna Skarica
00:15:18 - Trump: Iran should be "very worried"
00:16:14 - Ellie Geranmayeh, European Council on Foreign Relations
00:23:24 - Thursday headlines
00:23:54 - ECB to deliver interest rate decision
00:26:10 - BNP Paribas beats estimates
00:28:02 - Jackie Ineke, Spring Investments CIO
00:34:56 - Shell’s profit falls on lower crude prices, chemicals drag
00:36:15 - Maersk cuts jobs, sees drop in earnings as red sea reopens
00:40:52 - US & Russia nuclear pact expires
00:41:15 - Trump, Xi talk Taiwan tensions
00:42:16 - Richard Harpin, HomeServe Founder
--------
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X:   / bloombergtv  
Facebook:   / bloombergtelevision  
Instagram:   / bloombergtv  

Connect with Bloomberg Business on:
X:   / business  
Facebook:   / bloombergbusiness  
Instagram:   / bloombergbusiness  
TikTok: https://www.tiktok.com/@bloombergbusi...
Reddit:   / bloomberg  
LinkedIn:   / bloomberg-news  

More from Bloomberg:
Bloomberg Radio:   / bloombergradio  

Bloomberg Surveillance:   / bsurveillance  
Bloomberg Politics:   / bpolitics  
Bloomberg Originals:   / bbgoriginals  

Watch more on YouTube:
Bloomberg Technology:    / @bloombergtechnology  
Bloomberg Originals:    / @business  
Bloomberg Quicktake:    / @bloombergquicktake  
Bloomberg Espanol:    / @bloomberg_espanol  
Bloomberg Podcasts:    / @bloombergpodcasts