BizNews BizNews Radio

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 11PM English South Africa Investing · Business News

Other recent episodes

SA rugby's ticket strategy prices Bok fans out of stadiums

Springbok ticket prices have soared, suites have been taken over under “clean stadium” rules, and loyal supporters are being squeezed out. BizNews Rugby's boots-on-the-ground reporter, Rory Steyn, speaks to representatives from legendary Joburg rugby clubs and bitter rivals Pirates and Wanderers, as well as chartered accountant and former Sun International…
11 Jul 10AM 30 min

Siviwe Gwarube: The truth about SA education

Siviwe Gwarube says South Africa's education system needs long-term reform, not quick political wins. The Basic Education Minister discusses her first two years in office, tackling textbook procurement concerns, eliminating unsafe pit toilets identified in 2018, strengthening early childhood development, and navigating provincial delivery challenges. She argues the real measure…
9 Jul 10AM 26 min

Jasmine Opperman: Ex-SAAF General jailed in the US as an SA agent…

A former brigadier general in the South African Air Force (SAAF) has been jailed in the United States after she pleaded guilty to one count of acting as an agent of South Africa and one of making a false statement in her security clearance application. In this interview with Chris…
9 Jul 9AM 18 min

BizNews Edge: Siviwe Gwarube on the DA's 2029 make-or-break moment

DA insider and Basic Education Minister Siviwe Gwarube responds to claims that DA ministers haven't delivered, days after John Steenhuisen's bombshell interview shook the party. She explains why the DA's current turmoil could actually be its best opportunity yet, and why she says 2029 is now the party's election to…
9 Jul 8AM 28 min
All episodes