BN Daybreak Wed 11 Feb: Today's big questions - is gold rigged, AI bubble, music doomed?

Loading player...
In this bumper edition of BizNews Daybreak, Alec Hogg dives into the biggest questions shaking global markets. US Treasury Secretary Scott Bessent claims Chinese speculators are manipulating gold prices—Morgan Stanley’s Amy Gower weighs in on whether the precious metal is still a safe haven. Meanwhile, the bond market is betting big on AI longevity as Alphabet issues a massive 100-year bond. We also break down Spotify’s record-breaking surge, Robinhood’s controversial move into sports betting, and Xero CEO Sukhinder Singh Cassidy’s defiant stance on why her company won’t be replaced by AI bots.

In this episode:
Gold Wars: Is market manipulation or Chinese demand driving volatility?
The 100-Year Bet: Why creditors see Alphabet’s debt as a "trophy" asset.
Spotify’s Comeback: Record user growth sends shares soaring 15%.
Robinhood’s Gamble: The trading app pivots to "prediction markets" (sports betting) to boost revenue.
Pharma Fight: Novo Nordisk sues Hims & Hers over copycat weight-loss drugs.
Xero vs. The Bots: Why the accounting giant says their data moat is AI-proof.
10 Feb 8PM English South Africa Investing · Business News

Other recent episodes

BizNews Edge: Stranger than fiction - Jooste's consigliere meets ET-type end

Today's BizNews Edge covers three stories that cut to the heart of South African business and politics. John Steenhuisen has broken publicly with the DA, naming Geordin Hill-Lewis and Tony Leon in allegations that threaten serious damage to the party just months before the 2026 municipals. Prosus, once a byword…
29 Jun 5AM 24 min

Criminalising corporate silence with Wendy Addison

South Africa's first high-profile whistleblower Wendy Addison is done talking shop. She's raised a criminal docket against a corporation and its directors for silencing two financial industry whistleblowers — and she thinks it could be a watershed moment. Can personal criminal accountability finally give whistleblower protection real teeth?
29 Jun 3AM 23 min

BN Daybreak: Strait of Hormuz showdown as US and Iran head back to Doha

Vessels are still threading the Strait of Hormuz, but a Bloomberg analyst calls it Schrodinger's Strait: you never know if it's open until you try to get through. With traffic down to a fraction of normal and ships taking hits, owners are weighing whether the world's most vital oil route…
28 Jun 9PM 15 min