BN Daybreak - Wed 15 Apr 2026: DA’s growth strategy; Meta’s AI chips; Roubini warns of stagflation
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In today's BizNews Daybreak, we dive into the US naval blockade of the Strait of Hormuz and the looming threat of renewed trade tariffs. We explore massive tech moves, from Meta’s multi-billion-dollar AI chip partnership with Broadcom to Amazon’s $11.6 billion acquisition of Globalstar. Locally, we hear from DA leader Geordin Hill-Lewis on ANC succession risks, while economist Nouriel Roubini warns that escalating Middle East tensions could trigger 1970s-style stagflation.
