BN Daybreak: Trump’s SOTU; Budget preview; streaming wars; Meta’s AMD spend; Dimon’s warning; Eskom

In today’s BN Daybreak, we open with Bloomberg News Now on President Trump’s first State of the Union of his second term — delivered just days after the Supreme Court overturned his emergency tariffs — as the White House sharpens its economic message ahead of the year’s political battles. We then shift to the streaming wars, where Warner Bros. Discovery weighs a revised Paramount/Skydance offer — a $31-a-share cash bid — against its existing Netflix deal, with fresh negotiations now back on the table.From there it’s all about Big Tech and the AI buildout: Meta is set to commit billions to AMD chips and AI systems over the next five years, underscoring the scale of the infrastructure race. In banking, JPMorgan boss Jamie Dimon warns he’s seeing echoes of the pre-2008 rush for risky lending, calling out rivals for doing “dumb things”.Back in South Africa, energy expert Thomas Garner unpacks Eskom’s warning that load-shedding could return in 2029 — and the political tug-of-war over an independent National Transmission Company. We close with economist Dawie Roodt’s Budget preview: a possible revenue overrun, the temptation to spend windfalls, and what government should prioritise instead..Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.Support South Africa’s bastion of independent journalism, offering balanced insights on investments, business, and the political economy, by joining BizNews Premium. Register here.If you prefer WhatsApp for updates, sign up to the BizNews channel here..Watch here.Listen here

BN Daybreak: Trump’s SOTU; Budget preview; streaming wars; Meta’s AMD spend; Dimon’s warning; Eskom

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