OpenAI Sees $70B Revenue; Airtel Money Seeks Biggest UK IPO Since 2021

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from Brussels, 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, global stocks edged higher following a tech-led selloff, while Brent oil slid after President Trump said the US won’t attack Iran before the midterms.

Bloomberg understands OpenAI is expecting annualized revenue of at least $70 billion by the end of the year, scotching rumours it was set to miss some estimates.

And Airtel Money makes its debut on the London Stock Exchange in what’s set to be the UK’s biggest IPO in five years.

Today’s guest: Adam Dunnett, European Union Chamber of Commerce in China, Secretary General.

Chapters:
00:00:00 – Daybreak Europe
00:02:38 – OpenAI Expects $70 Billion in Annualized Revenue by End of 2026
00:07:20 – SoftBank Seeks to Raise up to $100b From Gulf Investors: FT 
00:12:32 – Fed Hike By Year-End Fully-Priced in
00:14:59 – China Defends Yuan Policy With Imbalances in Focus at EU Talks
00:19:37 – Airtel Money to Begin Trading in London Today
00:22:23 – London IPO Pipeline
00:25:13 – Futures Rise on OpenAI Revenue
00:28:53 – EU-China Trade Talks Underway in Beijing
00:32:45 – Adam Dunnett, European Union Chamber of Commerce in China, Secretary General
00:39:53 – European Gas Upside Builds
00:44:43 – Global Long Ends Hit 2026 Highs
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