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Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, 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, the US President offered a strident defense of his administration and economic record, declaring the nation is “bigger, better, richer and stronger than ever before”. In the longest-ever State of the Union address, Donald Trump celebrated Olympic victories and military heroism, while at the same time as pledging better fortunes for the public and attacking his rival Democrats. Also on the show, HSBC raises its bonus pool 10% to $3.93B - the highest in at least a decade. That's after full-year earnings beat estimates, boosted by a strong performance at its wealth division. Plus, we speak with the CEO of the UK self-driving software startup Wayve after its latest fundraise at a valuation of $8.6B. The Series D was led by Eclipse Ventures, Balderton Capital and SoftBank, with investment from existing backers Microsoft, Nvidia and Uber. Wayve is aiming to launch self-driving Ubers running on its software in London this year. Today's guest: Sudha David-Wilp, German Marshall Fund, Vice President of External Relations & Senior Fellow. Chapters: 00:00:00 - Daybreak Europe 00:01:32 - Takaichi Makes Dovish BOJ Nominations 00:05:47 - Tariffs, 401(k)s, Shouting: Key Takeaways From Trump’s Speech 00:08:33 - Trump Makes SOTU Pitch Facing Headwinds 00:12:25 - UBS Now Sees Private Credit Defaults Reaching 15% in Worst Case 00:16:05 - Anthropic Emphasizes Sector Partnership 00:18:12 - Meta to Deploy AMD Gear for Data Centres, AI 00:20:39 - HSBC Bonus Pool Rises to Highest in at Least a Decade 00:24:54 - Trump Touts Economic Success 00:26:42 - Trump Defends Foreign Affairs Record 00:31:16 - Sudha David-Wilp, German Marshall Fund, Vice President of External Relations & Senior Fellow 00:36:10 - Paramount Revises Warner Bid 00:39:50 - Wayve Secures $1.5b to Rollout Self-Driving Taxis -------- 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: / bloombergtv Facebook: / bloombergtelevision Instagram: / bloombergtv Connect with Bloomberg Business on: X: / business Facebook: / bloombergbusiness Instagram: / bloombergbusiness TikTok: https://www.tiktok.com/@bloombergbusi... Reddit: / bloomberg LinkedIn: / bloomberg-news More from Bloomberg: Bloomberg Radio: / bloombergradio Bloomberg Surveillance: / bsurveillance Bloomberg Politics: / bpolitics Bloomberg Originals: / bbgoriginals Watch more on YouTube: Bloomberg Technology: / @bloombergtechnology Bloomberg Originals: / @business Bloomberg Quicktake: / @bloombergquicktake Bloomberg Espanol: / @bloomberg_espanol Bloomberg Podcasts: / @bloombergpodcasts