May 6, 2024 • 5 mins
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Speaker 1 (00:01):
News when you want it with Bloomberg News Now, I'm
Doug Prisner. An armed wing HAFAMAS has taken responsibility for
the attack on a Gaza border crossing. We have more
from Bloomberg's Ed Baxter.
Speaker 2 (00:11):
Israel says the attack as for as the Korem Shalom
crossing to close the barrage from Rafa and Prime Minister
Benjamin that Yahoo's comments came very quickly.
Speaker 3 (00:20):
I pledge here today from Jerusalem, on this Holocaust Remembrance day,
if Israel is forced to stand alone, Israel will.
Speaker 2 (00:31):
Stand alone and eliminate Hamas.
Speaker 3 (00:32):
I say to the leaders of the world. No amount
of pressure, no decision by any international forum, will stop
Israel from defending itself.
Speaker 2 (00:43):
Meanwhile, the peace talks have moved to cutter Ed Baxter,
Bloomberg Radio.
Speaker 1 (00:48):
Chinese President Chi Jinping is in Europe for a three
nation visit aimed at strengthening economic ties. He arrived in
France on Sunday. He will also visit Serbia, which is
not an EU member's date, and Hungary as well, and
soon after she returns to Beijing he'll have a prominent visitor.
The story from Bloomberg to Nathan Hager.
Speaker 4 (01:08):
President, she will meet with Russian President Vladimir Putin next week.
Bloomberg News has learned the Russian leader plans to visit
China May fifteenth and sixteenth, a little more than a
week after his inauguration for a fifth term this coming Tuesday.
Putin's last trip to China was back in October, a
rare trip abroad as he is under an international criminal
(01:29):
court arrest warrant tied to the war in Ukraine. In Washington,
I'm Nathan Hager Bloomberg Radio.
Speaker 1 (01:35):
Donald Trump's campaign is telling donors the ex president has
a chance to go on the offensive and expand his
electoral support. More from Bloomberg's Denise Pellegrini.
Speaker 5 (01:45):
The former president's team says it's polling now shows Trump
has a chance to win Minnesota and Virginia. That's according
to two donors who heard the presentation at a retreat
in Palm Beach. President Biden carried both states in twenty twenty.
Trump doesley Biden now, though in most national and swing
state polls, including six of seven states in the latest
Bloomberg News Morning Consols survey different picture, though when it
(02:07):
comes to money, Trump trailed Biden by almost one hundred
million dollars in campaign cash as of last month, and
Trump lost Minnesota in the end to Biden Beck in
twenty twenty in part because Trump's campaign hit a cash
crunch during the crucial closing stretch thin Denise Pelgreeen Bloomberg Radio.
Speaker 1 (02:23):
Meta Platforms is being sued over whether Facebook users have
the right to control their feeds that story from Bloomberg's
Amy Morris.
Speaker 6 (02:31):
The lawsuit argues that a federal law often used a
shield internet companies from liability, also allows users to take
control of their feeds using external tools. The night First
Amendment Institute at Columbia University filed the lawsuit this week
against Meta Platforms on behalf of an amor's professor who
wants to release a tool called unfollow Everything two dot
zero to let his users unfollow all the content fed
(02:53):
to them by Facebook's algorithm. A UK developer released the
original Unfollow Everything, but took it down in twenty twenty
one after receiving a seasoned assist letter and a lifetime
Facebook ban from Meta Amy Morris, Bloomberg Radio.
Speaker 1 (03:06):
Sony Pictures, and Apollo Global Management have reportedly entered formal
talks to acquire Paramount. The New York Times says the
move comes as exclusive talks between Paramount and sky Dance
Media and in last Friday. The Times reporting a cohort
of Paramount's board of directors met on Saturday and signed
off on deal negotiations. Last week, Sony and Apollo submitted
(03:28):
a non binding letter of interest offering to buy Paramount
for around twenty six billion dollars in cash. Bloomberg Intelligence
says a deal with Sony and Apollo would be rife
with regulatory challenges. They include a merger of two major
film studios and foreign ownership of US broadcast networks. The
Time says it's unclear what sky Dance we'll do next.
(03:52):
Berkshire Hathaway held its annual shareholders meeting in Omaha on Saturday,
and Warren Buffett heaped praise on Apple after revealing that
he has reduced his stake in the company. Berkshire reported
a position at Apple worth one hundred and thirty five
point four billion dollars at the end of the first quarter.
That's down by thirty eight point nine billion from the
(04:12):
end of last year. Buffett said, despite the sale, Apple
is even better than either American Express and Coke, which
are wonderful businesses that Berkshire also owns. In the week ahead,
we'll hear from a number of FED speakers. In addition
to more quarterly earnings, we have a preview from Bloomberg's
Charlie Pellett.
Speaker 7 (04:31):
We've heard from eighty percent of S and P five
hundred companies. Stocks of reclaim the fifty one hundred mark
after a batch of bettle than expected earnings. Dan Suzuki
is Deputy Chief investment Officer at Richard Bernstein Advisors.
Speaker 3 (04:43):
I think it's really earnings growth and fundamentals, kind of
plain old boring stuff, and that's what's improving. That's what
Scott long momentum.
Speaker 7 (04:50):
And importantly, it's not that it's just improving, but it's
broadening out. Disney and Uber will be in focus this week,
along with Airbnb, Anheuser Busch, InBev, Armhole Holdings, Occidental Petroleum,
and Ubs in New York. Charlie Pellett, Bloomberg Radio.
Speaker 1 (05:05):
That's news when you want it with Bloomberg News. Now,
I'm Doug Prisoner and this is Bloomberg
News when you want it with Bloomberg News Now, I'm
Doug Prisner. An armed wing HAFAMAS has taken responsibility for
the attack on a Gaza border crossing. We have more
from Bloomberg's Ed Baxter.
Speaker 2 (00:11):
Israel says the attack as for as the Korem Shalom
crossing to close the barrage from Rafa and Prime Minister
Benjamin that Yahoo's comments came very quickly.
Speaker 3 (00:20):
I pledge here today from Jerusalem, on this Holocaust Remembrance day,
if Israel is forced to stand alone, Israel will.
Speaker 2 (00:31):
Stand alone and eliminate Hamas.
Speaker 3 (00:32):
I say to the leaders of the world. No amount
of pressure, no decision by any international forum, will stop
Israel from defending itself.
Speaker 2 (00:43):
Meanwhile, the peace talks have moved to cutter Ed Baxter,
Bloomberg Radio.
Speaker 1 (00:48):
Chinese President Chi Jinping is in Europe for a three
nation visit aimed at strengthening economic ties. He arrived in
France on Sunday. He will also visit Serbia, which is
not an EU member's date, and Hungary as well, and
soon after she returns to Beijing he'll have a prominent visitor.
The story from Bloomberg to Nathan Hager.
Speaker 4 (01:08):
President, she will meet with Russian President Vladimir Putin next week.
Bloomberg News has learned the Russian leader plans to visit
China May fifteenth and sixteenth, a little more than a
week after his inauguration for a fifth term this coming Tuesday.
Putin's last trip to China was back in October, a
rare trip abroad as he is under an international criminal
(01:29):
court arrest warrant tied to the war in Ukraine. In Washington,
I'm Nathan Hager Bloomberg Radio.
Speaker 1 (01:35):
Donald Trump's campaign is telling donors the ex president has
a chance to go on the offensive and expand his
electoral support. More from Bloomberg's Denise Pellegrini.
Speaker 5 (01:45):
The former president's team says it's polling now shows Trump
has a chance to win Minnesota and Virginia. That's according
to two donors who heard the presentation at a retreat
in Palm Beach. President Biden carried both states in twenty twenty.
Trump doesley Biden now, though in most national and swing
state polls, including six of seven states in the latest
Bloomberg News Morning Consols survey different picture, though when it
(02:07):
comes to money, Trump trailed Biden by almost one hundred
million dollars in campaign cash as of last month, and
Trump lost Minnesota in the end to Biden Beck in
twenty twenty in part because Trump's campaign hit a cash
crunch during the crucial closing stretch thin Denise Pelgreeen Bloomberg Radio.
Speaker 1 (02:23):
Meta Platforms is being sued over whether Facebook users have
the right to control their feeds that story from Bloomberg's
Amy Morris.
Speaker 6 (02:31):
The lawsuit argues that a federal law often used a
shield internet companies from liability, also allows users to take
control of their feeds using external tools. The night First
Amendment Institute at Columbia University filed the lawsuit this week
against Meta Platforms on behalf of an amor's professor who
wants to release a tool called unfollow Everything two dot
zero to let his users unfollow all the content fed
(02:53):
to them by Facebook's algorithm. A UK developer released the
original Unfollow Everything, but took it down in twenty twenty
one after receiving a seasoned assist letter and a lifetime
Facebook ban from Meta Amy Morris, Bloomberg Radio.
Speaker 1 (03:06):
Sony Pictures, and Apollo Global Management have reportedly entered formal
talks to acquire Paramount. The New York Times says the
move comes as exclusive talks between Paramount and sky Dance
Media and in last Friday. The Times reporting a cohort
of Paramount's board of directors met on Saturday and signed
off on deal negotiations. Last week, Sony and Apollo submitted
(03:28):
a non binding letter of interest offering to buy Paramount
for around twenty six billion dollars in cash. Bloomberg Intelligence
says a deal with Sony and Apollo would be rife
with regulatory challenges. They include a merger of two major
film studios and foreign ownership of US broadcast networks. The
Time says it's unclear what sky Dance we'll do next.
(03:52):
Berkshire Hathaway held its annual shareholders meeting in Omaha on Saturday,
and Warren Buffett heaped praise on Apple after revealing that
he has reduced his stake in the company. Berkshire reported
a position at Apple worth one hundred and thirty five
point four billion dollars at the end of the first quarter.
That's down by thirty eight point nine billion from the
(04:12):
end of last year. Buffett said, despite the sale, Apple
is even better than either American Express and Coke, which
are wonderful businesses that Berkshire also owns. In the week ahead,
we'll hear from a number of FED speakers. In addition
to more quarterly earnings, we have a preview from Bloomberg's
Charlie Pellett.
Speaker 7 (04:31):
We've heard from eighty percent of S and P five
hundred companies. Stocks of reclaim the fifty one hundred mark
after a batch of bettle than expected earnings. Dan Suzuki
is Deputy Chief investment Officer at Richard Bernstein Advisors.
Speaker 3 (04:43):
I think it's really earnings growth and fundamentals, kind of
plain old boring stuff, and that's what's improving. That's what
Scott long momentum.
Speaker 7 (04:50):
And importantly, it's not that it's just improving, but it's
broadening out. Disney and Uber will be in focus this week,
along with Airbnb, Anheuser Busch, InBev, Armhole Holdings, Occidental Petroleum,
and Ubs in New York. Charlie Pellett, Bloomberg Radio.
Speaker 1 (05:05):
That's news when you want it with Bloomberg News. Now,
I'm Doug Prisoner and this is Bloomberg
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