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Wall Street Breakfast

Markets watch Fed as US, UK seal $42B tech deal

Wall Street Breakfast

Seeking Alpha

Business, Investing, Business News, News

3.8950 Ratings

🗓️ 17 September 2025

⏱️ 7 minutes

🧾️ Download transcript

Summary

US-UK tech pact: Trump visit marks $42 billion investment in AI, quantum, nuclear. (00:29) House votes to cede tariff powers to president - report. (01:52) Workday (WDAY) rises after Elliott reveals $2B stake, cites strong progress. (02:39)

Episode transcripts seekingalpha.com/wsb.

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Transcript

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0:00.0

Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.

0:08.0

It's good to be with you on this Wednesday, September 17th. I'm Julie Morgan.

0:14.0

Today's Fed rate decision headlines a busy news day as the U.S. and. strike a $42 billion technology deal. House Republicans move to

0:23.7

shield Trump's tariffs and workday gets a boost from Elliott Management.

0:29.2

The U.K. and U.S. have agreed to a landmark $42 billion technology pack called the Tech Prosperity

0:35.3

deal. This deal marks President Trump's second state visit to Britain.

0:40.0

Top U.S. tech names led by Microsoft, Nvidia, and Google pledged a total of 31 billion pounds or

0:46.9

$42 billion in UK investments, primarily targeting AI, quantum computing, and nuclear energy advancements.

0:55.5

The UK's prime minister said the deal marks a generational step change in their relationship

1:00.6

with the U.S., shaping the futures of millions of people on both sides of the Atlantic,

1:06.4

and delivering growth, security, and opportunity up and down the country.

1:11.0

Microsoft unveiled a plan to spend $30 billion in the UK over four years,

1:16.1

with half of the amount going towards cloud computing and AI infrastructure.

1:20.8

NVIDIA said it would deploy 120,000 graphics processing units across Britain,

1:26.3

its largest rollout in Europe to date.

1:28.9

And Google announced plans to open a new data center as part of a two-year five-billion-pound

1:34.1

investment in the UK. Washington and London also agreed to cooperate on nuclear and space

1:40.4

technology as part of the tech prosperity deal. The agreement offers quicker regulatory

1:45.6

approval and several new private sector investment partnerships for nuclear plants.

1:51.9

Almost all House Republicans voted to pass a measure that essentially shuts down challenges

1:56.9

to President Trump's tariff declarations through March of next year.

2:01.6

The measure was passed in the form of a rule with a 213 to 211 vote.

...

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