Maersk Sees 2026 Dip, Shell Buys Back and Tech Selloff Grips Markets | The Opening Trade 2/5/2026

Video Description

Declining freight rates weigh down Maersk, as the Red Sea reopens. The logistics giant looks to counter with job cuts and a focus on cost discipline this year. Shell shares also fall after reporting a profit miss in the fourth quarter. Meanwhile, global chip and tech investors are on alert after a rout in the sector, but Alphabet's pledge to revamp AI spending helps calm short term nerves. 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 Tom Mackenzie. Corrects to say expected cost savings will be €600 million in 2026 on banner that aired at 07:10 UK. Chapters: 00:00:00 - The Opening Trade 00:00:25 - Market Check 00:02:04 - Tech Selloff Deepens 00:05:07 - Silver Crashes, Gold Falls 00:06:12 - Shell Announces Share Buyback 00:09:06 - BNP Paribas CFO 00:18:31 - ECB Rate Decision 00:20:41 - Retail Traders Taking Brunt of Pain: MLIV Chat 00:26:02 - Maersk CEO Vincent Clerc 00:35:50 - Shell CEO Wael Sawan 00:44:08 - Maersk Sees Drop in 2026 Earnings 00:47:09 - Stocks to Watch: Tech, Miners, Defense 00:52:39 - UK Yield Curves Steepen Most Since 2018, Keir Starmer PMQs 01:04:36 - SAAB CEO Micael Johansson 01:13:37 - Iran Should Be 'Very Worried': Trump 01:17:39 - DNB CEO Kjerstin Braathen 01:25:34 - Alphabet Expect CapEx Spend Near $185B 01:29:49 - Software Buildout Cost Has Collapsed: Andreessen Horowitz 01:33:21 - BOE Rate Decision -------- 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: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts