logo
episode-header-image
Feb 2024
8m 53s

HSBC profits nosedive

Financial Times
About this episode

Nvidia’s net income soared nearly 800 per cent in the latest quarter compared to the same period in 2022, HSBC reported an 80 per cent drop in quarterly profit, and Boeing is replacing the executive in charge of manufacturing its 737 Max aircraft. Plus, Indonesia’s incoming president is creating concerns for the country’s democracy. 


Mentioned in this podcast:

Nvidia declares AI ‘tipping point’ as quarterly revenues jump 265%

HSBC shares fall most since 2020 after profits plummet 80%

Boeing ousts head of 737 Max programme

What Prabowo Subianto’s presidential election win means for Indonesia


The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.


Read a transcript of this episode on FT.com


Hosted on Acast. See acast.com/privacy for more information.

Up next
Today
The Gulf braces for new strikes against Iran
A Democratic-controlled Congress may struggle to ease cost of living pressures and Middle East diplomats warn that renewed conflict between the US and Iran would be even more damaging than previous rounds of fighting. Serbia shuts down a bank favoured by Russians as it enters a n ... Show More
11m 53s
Oct 31
Martin Wolf on the US midterms: What’s the risk of political violence?
As Americans prepare to vote in the November 3 midterm elections, the FT’s chief economics commentator Martin Wolf asks what the result will mean for Donald Trump, the future of US democracy and America's place in the world. In the third of a six-part series, Martin speaks to pol ... Show More
36m 54s
Oct 30
Alphabet’s brutal day on the stock market
Alphabet’s share price fell just over 12 percent on Thursday, and UK startup Nscale is banking on a troubled US data centre project to underpin its planned $35bn IPO. Plus, we look at what’s next for the ECB now that its president Christine Lagarde announced she’s stepping down.M ... Show More
12m 15s
Recommended Episodes
Feb 2024
The Intelligence: A former general, elected in Indonesia
<p><a href="https://www.economist.com/asia/2024/02/14/prabowo-subianto-will-be-indonesias-next-president?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners" rel="noopene ... Show More
26m 45s
Feb 2024
The Intelligence: A former general, elected in Indonesia
Prabowo Subianto stormed to victory in the world’s largest single-day election. But critics say his presidency could jeopardise two decades of democratic progress. Nvidia has dominated the global market for AI accelerator chips for years. Could a company about a third of its size ... Show More
26m 45s
Jul 2025
Wall Street Roundup: AI trade, market melt up
Musk, Tesla, more politics (0:20). Betting on Nvidia and the AI trade (2:55). Markets continue higher despite concerns (5:40). Financial earnings coming next week; sector showing strength (8:40).Show Notes:Nvidia hits $4 trillion market capNetflix Is Still KingMost Fed officials ... Show More
11m 6s
Jan 2024
Boeing CEO’s Comeback Plan for 2024 Takes a Hit Five Days In
Bloomberg News Aerospace Reporter Julie Johnsson explains how Boeing has suffered a series of quality lapses that threaten to erode trust in the manufacturing prowess of the biggest US exporter — notably its 737 Max aircraft. Eurasia Group Chairman Cliff Kupchan shares the firm's ... Show More
38m 18s
Dec 2023
Arm CEO's Immigration Call & Billionaires Shift To Abu Dhabi
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Arm's CEO Rene Haas told Bloomberg that whoever wins the next election, further restrictions on skilled migration will hurt growth. (2) The Prime Minister is due to answer questions at t ... Show More
21m 6s
May 2024
American 'Vibescession' Lingers & Nvidia Sales Triple in AI Boom
Episode 329: Neal and Toby discuss the latest poll that shows a majority of Americans believing the economy is worsening despite data showing the contrary. Then, Nvidia shows a strong earnings report that says AI is still riding high. Next, a scary turbulent Singapore Air flight ... Show More
27m 36s
Oct 2024
SOTS 2nd Hour: Prepping for Big Tech Earnings, Woes Growing At Boeing, and Rating Apple’s AI Roll-out 10/28/24
<p>Carl Quintanilla, Deirdre Bosa and David Faber discussed the latest headlines surrounding the Magnificent 7 names – ahead of results out of Alphabet, Meta, Amazon, Apple, and Microsoft. Also in focus: the latest on the elections front, including CNBC’s proprietary data around ... Show More
42m 26s