From Bloomberg Markets and Finance.

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we’ll tell you what matters for investors in Europe, giving you insight before trading begins.

On today’s show, President Trump says the US plan to guide stranded ships through the Strait of Hormuz is being paused to see if an agreement can be reached with Iran to end the war.

Iran’s Foreign Minister Abbas Araghchi is in Beijing, where he’s held talks with Chinese Foreign Minister Wang Yi. The meeting comes just days before Donald Trump is scheduled to arrive in the Chinese capital.

Plus, a busy day for earnings: Novo Nordisk has nudged its sales forecast higher, lifted by its new Wegovy pill. The German chipmaker Infineon has given a better-than-expected revenue forecast, as it benefits from the AI spending boom. And BMW’s carmaking returns fell in the first quarter, hit by intense competition in China.

Today’s guests: Oliver Dörre, Hensoldt, CEO; Torgrim Reitan, Equinor, CFO & Sven Schneider, Infineon, CEO

Chapters:
00:00:00 – Daybreak Europe – 5/6/2026
00:03:35 – Trump Shelves Hormuz Plan
00:07:49 – Yen Rallies
00:10:05 – S&P 500 New Record High
00:12:51 – Hensoldt CEO Oliver Dörre
00:20:55 – AMD Leading Challenger To Nvidia
00:27:22 – Equinor CFO Torgrim Reitan
00:34:03 – Infineon CFO Sven Schneider
00:39:34 – Novo Nordisk Earnings Analysis
00:42:53 – Other Top Stories: BOF / Romania / Germany
00:44:59 – Chart Talk
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More on Bloomberg Television and Markets

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