Chapter 1: What is the main topic discussed in this episode?
Hello, I'm Stephen Carroll. I'm in Brussels, where many of Europe's biggest decisions get made.
And I'm Caroline Hepke in London. We're the hosts of the Bloomberg Daybreak Europe podcast.
We're up early every weekday, keeping an eye on what's happening across Europe and around the world.
We do it early so the news is fresh, not recycled, and so you know what actually matters as the day gets going.
From Brussels, I'm following the politics, policy and the people shaping the European Union right now.
And from London, I'm looking at what all that means for markets, money and the wider economy.
We've got reporters across Europe and around the globe feeding in as stories break.
So whether it's geopolitics, energy, tech or markets, you're hearing it while it happens.
It's smart, calm and to the point.
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Chapter 2: What recent events occurred between the US and Iran in the Persian Gulf?
It involves how meatpackers purchase cattle from ranchers with a focus on the use of alternative marketing agreements instead of open auctions. And it comes as beef prices soar to all-time highs. Here is Agriculture Secretary Brooke Rollins.
We do believe that prices are going to start coming down this summer. The goal is to preserve a way of life of rural America, to get back to healthier, more locally produced food by companies and people that have America's best interest at heart.
Chapter 3: How did the US military respond to Iranian drone attacks?
That is Agriculture Secretary Brooke Rollins. We move to business news next. After the bell, Palantir Technologies issued a better than expected outlook for revenue this year. That's despite the company posting disappointing U.S. commercial sales in the first quarter. Paramount Skydance reported first quarter sales and earnings above market expectations.
The company's direct-to-consumer revenue increased 11% year-on-year. Paramount also reaffirmed its full-year outlook of $30 billion in revenue. And Pinterest reported first-quarter sales above analyst estimates. The company also gave an outlook for revenue in the current period that was higher than expected. Pinterest shares up 15% in late U.S. trading.
And that is news when you want it with Bloomberg News Now. I'm Doug Krisner and this is Bloomberg.