Republicans Win US House, ASML Upholds Bullish Outlook on AI Demand | The Opening Trade 11/14

From Bloomberg Markets and Finance.

Republicans have secured a majority in the US House of Representatives, extending their hold on the lower chamber and delivering a governing trifecta that could give Donald Trump sweeping power to enact his legislative agenda. ASML, the Dutch maker of advanced chip-making machines, reaffirmed its long-term revenue outlook as it bets on an artificial intelligence-driven boom in semiconductor demand projecting sales in 2030 will range from $46 billion to $63 billion. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Kriti Gupta.

Chapters:
00:00:00 – Intro
00:01:47 – The Agenda: Trump Cabinet Updates, ASML, Fed Chair Powell Speaks
00:10:32 – Carmignac Gestion’s Raphael Gallardo on Trump Policy, Central Bank Rate Decisions
00:21:32 – Hapag Lloyd CEO Habben Jansen on Trump Tariffs, Trade
00:39:53 – Siemens CEO Sees Another Strong Fiscal Year After Buying Altair Engineering
00:43:40 – European Market Open
00:59:59 – Germany’s Scholz: Requesting December Confidence Vote
01:05:57 – Burberry CEO Vows to Overhaul Brand After Massive China Sales Decline
01:09:45 – Euronext CEO Boujnah on Trump, Stock Listings & AI
01:23:53 – Bitcoin Crosses $93,000 for the First Time, as Crypto Trump Rally Continues
01:30:28 – Markets See 80% Chance of December Fed Cut
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