April 22, 2024 • 17 mins
On today's podcast:
1) US Aid Gives Kyiv Respite But Battlefield Shift Remains Far Off
2) Opening Statements in Former President Trump's 'Hush Money' Trial
3) Magnificent 7 Set to Report Earnings
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Episode Transcript
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Speaker 1 (00:02):
Bloomberg Audio Studios, Podcasts, radio News.
Speaker 2 (00:10):
Good morning, I'm Nathan Hager and I'm Karen Moscow. Here
are the stories we're following today.
Speaker 3 (00:15):
We begin with the deadlock broken in the House over
billions of dollars in foreign aid. After a six month impassed,
lawmakers on both sides of the Isle voted to advance
ninety five billion dollars in assistance to Ukraine, Israel, and Taiwan.
House Speaker Mike Johnson worked with Democrats and overcame an
ouster threat from conservatives in his own party to secure
(00:35):
the three hundred eleven to one hundred twelve vote. House
Foreign Affairs Chairman Michael McCall says he thinks the speaker's
job is safe.
Speaker 1 (00:43):
I'm so proud the Speaker, Mike Johnson. He went through
a transformation. At the end of the day, a profile encourage.
Speaker 4 (00:50):
Is putting the nation above yourself, and that's.
Speaker 5 (00:54):
What he did.
Speaker 3 (00:54):
Foreign Affairs chair Michael McColl spoke on ABC's This Week,
and Ukrainian President vladimir's Lenski went on NBC's Meet the
Press to express his gratitude this.
Speaker 6 (01:04):
Aid will strengthen Ukraine and the femline upon powerful signal
that it will not be the second Afghanistan. The United
States will stay with Ukraine.
Speaker 3 (01:17):
President Zelenski spoke through an interpreter. Now the Senate plans
to hold its first votes on the measure tomorrow. Senate
Intelligence Chairman Mark Warner says, from there, the aide should
get out relatively quickly.
Speaker 1 (01:28):
Once the President signs.
Speaker 7 (01:31):
We've been told that there is it is the President's signature,
making sure Congress does its job that these materials will
be entranted by the end.
Speaker 5 (01:40):
Of the week.
Speaker 3 (01:41):
Senator Warner was a guest on CBS's Face the Nation,
which airs Sundays on Bloomberg Radio along with Meet the
Press and ABC's This Week.
Speaker 1 (01:48):
Well Nathan tied to that aid package.
Speaker 2 (01:50):
The House also passed a measure requiring TikTok's owner by
Dance to sell its stake in the social media firm
if the Chinese company refuses to divest the platf for
a maybe band in the United States. Sources have told
Bloomberg that by Dance intends to fight the effort in
court before he considers any kind of sale. Meanwhile, the
TikTok executive who was tasked with easing US lawmaker's concerns
(02:13):
is reportedly leaving his position. We get more with Bloomberg's
Ed Baxter.
Speaker 8 (02:18):
The reports say that TikTok is letting him go, saying
he wasn't doing enough to stave off US security concerns
regarding its ties with owner Byte Dance in China. Eric
Anderson's role had been incrementally reduced, but with the passage
of the divest bill passed by the House over the weekend,
it looks now more imminent. A TikTok statement said the
reports were false, but then the publication the information said
(02:42):
Anderson has informed his legal team that he is leaving
and that it is his decision. Ed Baxter, Bloomberg Radio.
Speaker 3 (02:50):
Okay, thank you now to the latest on the hush
money criminal trial of Donald Trump. Opening statements are scheduled
to begin today in Manhattan. Bloomberg Law hosts June So
has the latest from New York.
Speaker 9 (03:02):
Donald Trump lost his last ditch effort on Friday to
convince an appellet court to stop the trial and change
its location. That clears the way for the prosecution and
defense to give their opening statements today, outlining their cases
for the jury of five women and seven men. The
trial is moving faster than expected, with jury selection completed
(03:23):
a week earlier than the judge anticipated. In New York,
June Grosso, Bloomberg Radio.
Speaker 1 (03:29):
Sorry, June, thanks well.
Speaker 2 (03:30):
Turning to Wall Street, It's a very busy week ahead
for earnings with high profile big tech names and focus,
and we get a preview from Bloomberg's Charlie Pillett.
Speaker 5 (03:39):
We'll be hearing from the likes of Alphabet, Metal Platforms, Tesla,
and Microsoft as bulls look to earnings as a catalyst
to get this year's rally back on track. Victoria Fernandez,
as chief market strategist at Crossmark Global Investments.
Speaker 2 (03:53):
Thanks for Okay, the market didn't have big moves on that,
and obviously we haven't hit a lot of those growth
companies yet and then tend to move the market a
little bit more.
Speaker 5 (04:02):
Also up this week Boeing, Lockheed, Martin, Northrop, Grumman, Caterpillar, Ford, GM,
and ge In New York, Charlie Pellett, Bloomberg Radio.
Speaker 10 (04:11):
All right, Charlie.
Speaker 5 (04:12):
Thanks.
Speaker 3 (04:12):
Turning to the bond market, now treasuries are on track
for their worst month this year. Now a hefty slate
of auctions could be a major test of whether yields
have peaked after reaching their highest levels of twenty twenty four.
The market has to absorb a combined one hundred and
eighty three billion dollar calendar of two five and seven
year note sales, the first two of which will be
at record levels.
Speaker 5 (04:32):
At the end of the week.
Speaker 3 (04:33):
Investors get a crucial inflation reading with the PCE deflator.
Speaker 1 (04:38):
Well Nathan and Company News.
Speaker 2 (04:39):
Tesla spent the weekend cutting prices of its models across China,
Europe and the US and we get more from Bloomberg's
Doug Chrisner.
Speaker 7 (04:47):
The discounts followed disappointing first quarter sales and bloated inventory.
The prices of Tesla's best selling Model Y, as well
as the Model S and X, were cut by two
thousand dollars. The company also slashed the the price of
its driver assistant software by more than thirty percent, and
on top of that, CEO Elon Musk postponed a plan
trip to India this week. He had been expected to
(05:09):
meet with Prime Minister Mody and announce an investment. On Tuesday,
Tesla will issue first quarter results. It's expected to report
a forty percent plunge in operating profit, first revenue decline
in four years in New York. I'm Doug Krisner, Bloomberg Radio.
Thanks Doug.
Speaker 3 (05:25):
In deal news, Bloomberg News has learned talks for Salesforce
to take over Informatica have cooled, with both parties struggling
to agree to terms. The deal would have ranked among
the largest ever buy Salesforce. Representatives for Salesforce and Informatica
both declined to comment. Shares of Informatica are down more
than six percent in early trading.
Speaker 2 (05:43):
Nathan private equity firm Blackstone has made a new proposal
worth about one and a half billion dollars to purchase
Hypnosis Song's fund Thattop's a bid made last week by
music rights investor Conquered And for those of.
Speaker 3 (05:56):
You with time and a lot of money on hand,
this story.
Speaker 11 (05:59):
Is for you.
Speaker 3 (06:01):
A rare Rolex with a split second chronograph sold for
three and a half million dollars at auction in Monaco.
That is a record price for the Rolex four one
point one three produced in nineteen forty two. It is
one of just twelve ever made and nine known to exist.
The watch has a case diameter of one point seven
three inches. That makes it one of the largest watches
(06:23):
Rolex ever made.
Speaker 2 (06:28):
And it's time now for a look at some of
their stories making news in New York and around the world.
And for that we're joined by Bloomberg's Michael Barr. Welcome back, Michael,
Thank you very much.
Speaker 10 (06:36):
Karen.
Speaker 11 (06:37):
There's a call for greater security as Passover begins at
sundown today, as tensions over the Israel Hamas war loom.
Authorities across the country are showing concern. Rabbi associated with
Columbia University is urging Jewish students to go home, saying
the university's public safety and the New York Police Department
cannot guarantee Jewish student safety. Over the weekend, students with
(07:00):
sleeping bags refused to leave the grounds of Columbia University.
The pro Palestinian demonstrators called for the Ivy League Institution
to divest its stocks, funds, and endowments from companies that
they say profit from Israel's violations of international law and
Palestinian human rights, among them. This student of Syrian descent.
Speaker 12 (07:21):
Seeing the parallels, witnessing the level of violence that Palestinians
and Palstinians in the West Bank Palestinians all across Palestine
are being subjected to, but especially the genocidalze.
Speaker 11 (07:35):
Some counter protests also popped up, calling for the terror
network holding Israeli hostages inside Gaza to release them. Riva
Feinstein is a retired administrator for Columbia.
Speaker 2 (07:46):
The whole thing breaks my heart, and isn't it especially
I think it's.
Speaker 1 (07:52):
The worst, horrible, most horrible.
Speaker 8 (07:53):
Thing is what's going on with these hostages that it's
one hundred and ninety eight days today.
Speaker 11 (07:59):
Some ares were made over the weekend when protesters on
campus refused to leave and tussled with the NYPD. A
military base in Syria belonging to a US led coalition
came under rocket fire late on Sunday. That's according to
a statement from the government affiliated Iraqi Security media Cell.
It said at least one rocket landed at the base,
(08:21):
its first reported attack on the US base in the
Middle East since February. A person has been taken into
custody after allegedly breaking into the home of Los Angeles
Mayor Karen Bass. Police say it happened early Sunday morning.
Police say the unidentified suspect smashed one of the homes
windows to gain entry before being taken into custody without
(08:41):
further incident. LAPD Lieutenant James myonachus, it's the.
Speaker 13 (08:46):
Mayor of the city and we're concerned in any resident
that has somebody just come into their home, so we
treat this very seriously.
Speaker 11 (08:52):
The Mayor's office says she was at home and was uninjured.
Global News twenty four hours a day and whenever you
want it with the Bloomberg New Now Michael Barr, and
this is Bloomberg.
Speaker 1 (09:02):
Kern, right, Michael Barr, Thank you.
Speaker 2 (09:09):
Time now for the Bloomberry Scores update with John stash Hour.
Speaker 1 (09:12):
John, good morning, Good morning, Carrod.
Speaker 4 (09:14):
After the winningest regular season in club history, obviously high
hopes for the Rangers and the Stanley Cup Playoffs, Game
one at the Arden Rangers in Capitol scoreless first period
than the first Ranger goal the postseason came from an
unlikely player.
Speaker 11 (09:26):
Rempy carries the puck over the red line with Goodrow
on left wing. Rank White pass collected by VC off
the wall, beats it behind.
Speaker 5 (09:33):
An end good Troit tight.
Speaker 1 (09:35):
I score the best.
Speaker 5 (09:37):
Rempy on the doorstep Hen he bangs it home.
Speaker 4 (09:39):
Honey ESP New York rookie Matt Rempy, known more for
his fighting skills of his goal scoring thirty three seconds later.
Our Semi Pineren scored minut and a half after that.
Jimmy VC Rangers beat Washington four to one. Game two
tomorrow home team's all one Florida, Vancouver and Winnipeg a
wild one with Colorado. The Jets won seven to six
to six goals scored in both the first and third periods.
Speaker 11 (10:01):
Home cooking.
Speaker 4 (10:01):
Also in the NBA, Celtics by twenty over Miami, Jason
Tatum at triple double. Clippers played without the injured Kawhi
Leonards still beat Dallas easily. Milwaukee was without Gianni sun
To the Compost still beat Indiana easily. Damian Lillard scored
thirty five for the Bucks, all of them in the
first half. Close won last night in Oklahoma City by
two over New Orleans Nixon Sixers. Game two tonight at MSG,
(10:24):
the Mets six game win streak came to a crashy haul.
Dodgers won ten to nothing. A home run for showe
O Tommy that gave him the record for most by
a Japanese player, surpassing the x Yankee Hideki Matsui. Yankees
top Tampa Bay five to four day game today at
the stadium with Oakland. The only thing that can stop
Scottie Scheffler the rain at Hilton Head. He'll be back
early this morning to seemingly finished up another win. Leads
(10:46):
by five with three holes to play. It'll be Scheffer's
fourth winning his last five and on the LPGA Tour,
Nelly Corda has won each of her last five tournaments.
The only others to do that Nancy Lopez and Anica
Sorenstain that with Bloomberg Sports.
Speaker 10 (11:03):
Coast to Coast on Bloomberg Radio, nationwide on Sirius XM,
and around the world on Bloomberg dot Com and the
Bloomberg Business app. This is Bloomberg Daybreak. Good morning, I'm
Nathan Hager.
Speaker 3 (11:16):
Months of deadlock on aid to Ukraine and Israel are
finally broken on Capitol Hill. The ninety five billion dollar
package is headed to the Senate now for the first
votes expected tomorrow after a bipartisan series of votes in
the House that had Speaker Mike Johnson facing off with
hardliners in his own party for more.
Speaker 5 (11:34):
We are joined by.
Speaker 3 (11:35):
Terry Haynes, founder of Pangaea Policy. Terry, Good morning, does
the passage of this aid blunt geopolitical risk for this market?
Speaker 13 (11:43):
Good morning, Nathan. You know, I think the Ukraine the
House package is a geopolitical risk positive, but I think
it's very much outweighed by what's going on in the
Middle East right now. You know the mark I think
are taking comfort in the word de escalation, But when
(12:04):
you've had very serious escalation before people decide they're not
going to shoot everything they've got at each other, that
net serious escalation, not de escalation. You know, if you
have the stock goes up by ten points and then
it goes down one, you know like that it's not
going down you got plus nine. And that's kind of
where we are today.
Speaker 3 (12:25):
And now that this package is heading to the Senate,
I wonder what that risk of further escalation in the
Middle East means for the prospects for this package there.
I've got to think that there would be a number
of progressive senators who are concerned about the way this
war has been going in Gaza that might have a
(12:46):
little bit of pause when it comes to providing further aid.
Is there that risk there?
Speaker 13 (12:52):
Sure?
Speaker 2 (12:52):
Yeah?
Speaker 13 (12:53):
I think in the end this aid package passes by
the way, so let's start there. But yeah, absolutely, there
are a lot of things that could slow this down,
and concerns about Gazer is right up there at the top.
Another potential one is the TikTok issue. Not so much
because there's any lack of concern about TikTok, but there
(13:17):
is a difference of opinion. There has been a difference
of opinion in the Senate with the House on exactly
how you ought to deal with the TikTok issue, So
there's a potential that that falls out or changes as well.
And if that happens and the Center ultimately passes a
bill that isn't identical to the House, then it has
to go back to the House for another vote, So
(13:37):
this might get delayed by a week or so.
Speaker 3 (13:39):
The TikTok aspect of this is pretty interesting because it's
been altered to give by Dance up to a year
to finish the divestment, which puts it past the November election.
And any concerns that a lot of lawmakers might have
about whether this app could have an impact on the
(14:00):
November election.
Speaker 13 (14:02):
Yeah, it's on that level. I think it's it's a
little strange. Yeah, at the same time, I think it is.
The impulse here was primarily fairness, the idea that that
an immediate divestiture would be unfair to the asset, and
and and look like some sort of a fire sale,
(14:22):
and frankly bring up another another series of legal issues.
So so what they decided to do was give it
some time to to to find an appropriate buyer.
Speaker 3 (14:32):
In terms of how this got done, Terry House Speaker
Johnson had to look past an ouster threat to work
with Democrats to get it done. Is Speaker Johnson's job
in danger this morning?
Speaker 13 (14:45):
Yeah, certainly there's a threat to it. I do think
that it's it's less likely that he ends up getting ousted,
though you know, if I had to put my put
my quarter somewhere, I'd put it on john staying.
Speaker 2 (15:01):
Uh.
Speaker 13 (15:01):
You know, the vast, vast majority of Republicans want him
to stay, and I think that continues. I don't I
don't take lightly the idea that this small band of
supposed House purists might seek to try to take him down.
But I think there's there's such disapproval from the from
(15:23):
the body of Republicans overall that I think it's it's
unlikely to happen. What these folks seem to be hanging
their hat on. Is the idea that if there's any
you know, there, any more than the three that are
currently now there, well, then Johnson's going to see the
light and he's gonna, you know, he's going to have
to resign just to be honorable or something. Well, you know,
Johnson's already showed you what he's interested in being honorable on,
(15:45):
which is, among other things, American leadership and globally an
American foreign policy. He professes not to be concerned about that,
and I think I'll take it as a word on it.
Speaker 3 (15:58):
This is Bloomberg Daybreak Today, your morning brief on the
stories making news from Wall Street to Washington and beyond.
Speaker 2 (16:04):
Look for us on your podcast feed at six am
Eastern each morning, on Apple, Spotify, and anywhere else you
get your podcasts.
Speaker 3 (16:12):
You can also listen live each morning starting at five
am Wall Street time, on Bloomberg eleven three to zero
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Speaker 2 (16:26):
Our flagship New York station is also available on your
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Speaker 3 (16:34):
Listen coast to coast on the Bloomberg Business app, SERIUSXM,
the iHeartRadio app, and on Bloomberg dot Com. I'm Nathan Hager.
Speaker 1 (16:42):
And I'm Karen Moscow.
Speaker 2 (16:43):
Join us again tomorrow morning for all the news you
need to start your day right here on Bloomberg Daybreak
Speaker 10 (17:03):
And by
Bloomberg Audio Studios, Podcasts, radio News.
Speaker 2 (00:10):
Good morning, I'm Nathan Hager and I'm Karen Moscow. Here
are the stories we're following today.
Speaker 3 (00:15):
We begin with the deadlock broken in the House over
billions of dollars in foreign aid. After a six month impassed,
lawmakers on both sides of the Isle voted to advance
ninety five billion dollars in assistance to Ukraine, Israel, and Taiwan.
House Speaker Mike Johnson worked with Democrats and overcame an
ouster threat from conservatives in his own party to secure
(00:35):
the three hundred eleven to one hundred twelve vote. House
Foreign Affairs Chairman Michael McCall says he thinks the speaker's
job is safe.
Speaker 1 (00:43):
I'm so proud the Speaker, Mike Johnson. He went through
a transformation. At the end of the day, a profile encourage.
Speaker 4 (00:50):
Is putting the nation above yourself, and that's.
Speaker 5 (00:54):
What he did.
Speaker 3 (00:54):
Foreign Affairs chair Michael McColl spoke on ABC's This Week,
and Ukrainian President vladimir's Lenski went on NBC's Meet the
Press to express his gratitude this.
Speaker 6 (01:04):
Aid will strengthen Ukraine and the femline upon powerful signal
that it will not be the second Afghanistan. The United
States will stay with Ukraine.
Speaker 3 (01:17):
President Zelenski spoke through an interpreter. Now the Senate plans
to hold its first votes on the measure tomorrow. Senate
Intelligence Chairman Mark Warner says, from there, the aide should
get out relatively quickly.
Speaker 1 (01:28):
Once the President signs.
Speaker 7 (01:31):
We've been told that there is it is the President's signature,
making sure Congress does its job that these materials will
be entranted by the end.
Speaker 5 (01:40):
Of the week.
Speaker 3 (01:41):
Senator Warner was a guest on CBS's Face the Nation,
which airs Sundays on Bloomberg Radio along with Meet the
Press and ABC's This Week.
Speaker 1 (01:48):
Well Nathan tied to that aid package.
Speaker 2 (01:50):
The House also passed a measure requiring TikTok's owner by
Dance to sell its stake in the social media firm
if the Chinese company refuses to divest the platf for
a maybe band in the United States. Sources have told
Bloomberg that by Dance intends to fight the effort in
court before he considers any kind of sale. Meanwhile, the
TikTok executive who was tasked with easing US lawmaker's concerns
(02:13):
is reportedly leaving his position. We get more with Bloomberg's
Ed Baxter.
Speaker 8 (02:18):
The reports say that TikTok is letting him go, saying
he wasn't doing enough to stave off US security concerns
regarding its ties with owner Byte Dance in China. Eric
Anderson's role had been incrementally reduced, but with the passage
of the divest bill passed by the House over the weekend,
it looks now more imminent. A TikTok statement said the
reports were false, but then the publication the information said
(02:42):
Anderson has informed his legal team that he is leaving
and that it is his decision. Ed Baxter, Bloomberg Radio.
Speaker 3 (02:50):
Okay, thank you now to the latest on the hush
money criminal trial of Donald Trump. Opening statements are scheduled
to begin today in Manhattan. Bloomberg Law hosts June So
has the latest from New York.
Speaker 9 (03:02):
Donald Trump lost his last ditch effort on Friday to
convince an appellet court to stop the trial and change
its location. That clears the way for the prosecution and
defense to give their opening statements today, outlining their cases
for the jury of five women and seven men. The
trial is moving faster than expected, with jury selection completed
(03:23):
a week earlier than the judge anticipated. In New York,
June Grosso, Bloomberg Radio.
Speaker 1 (03:29):
Sorry, June, thanks well.
Speaker 2 (03:30):
Turning to Wall Street, It's a very busy week ahead
for earnings with high profile big tech names and focus,
and we get a preview from Bloomberg's Charlie Pillett.
Speaker 5 (03:39):
We'll be hearing from the likes of Alphabet, Metal Platforms, Tesla,
and Microsoft as bulls look to earnings as a catalyst
to get this year's rally back on track. Victoria Fernandez,
as chief market strategist at Crossmark Global Investments.
Speaker 2 (03:53):
Thanks for Okay, the market didn't have big moves on that,
and obviously we haven't hit a lot of those growth
companies yet and then tend to move the market a
little bit more.
Speaker 5 (04:02):
Also up this week Boeing, Lockheed, Martin, Northrop, Grumman, Caterpillar, Ford, GM,
and ge In New York, Charlie Pellett, Bloomberg Radio.
Speaker 10 (04:11):
All right, Charlie.
Speaker 5 (04:12):
Thanks.
Speaker 3 (04:12):
Turning to the bond market, now treasuries are on track
for their worst month this year. Now a hefty slate
of auctions could be a major test of whether yields
have peaked after reaching their highest levels of twenty twenty four.
The market has to absorb a combined one hundred and
eighty three billion dollar calendar of two five and seven
year note sales, the first two of which will be
at record levels.
Speaker 5 (04:32):
At the end of the week.
Speaker 3 (04:33):
Investors get a crucial inflation reading with the PCE deflator.
Speaker 1 (04:38):
Well Nathan and Company News.
Speaker 2 (04:39):
Tesla spent the weekend cutting prices of its models across China,
Europe and the US and we get more from Bloomberg's
Doug Chrisner.
Speaker 7 (04:47):
The discounts followed disappointing first quarter sales and bloated inventory.
The prices of Tesla's best selling Model Y, as well
as the Model S and X, were cut by two
thousand dollars. The company also slashed the the price of
its driver assistant software by more than thirty percent, and
on top of that, CEO Elon Musk postponed a plan
trip to India this week. He had been expected to
(05:09):
meet with Prime Minister Mody and announce an investment. On Tuesday,
Tesla will issue first quarter results. It's expected to report
a forty percent plunge in operating profit, first revenue decline
in four years in New York. I'm Doug Krisner, Bloomberg Radio.
Thanks Doug.
Speaker 3 (05:25):
In deal news, Bloomberg News has learned talks for Salesforce
to take over Informatica have cooled, with both parties struggling
to agree to terms. The deal would have ranked among
the largest ever buy Salesforce. Representatives for Salesforce and Informatica
both declined to comment. Shares of Informatica are down more
than six percent in early trading.
Speaker 2 (05:43):
Nathan private equity firm Blackstone has made a new proposal
worth about one and a half billion dollars to purchase
Hypnosis Song's fund Thattop's a bid made last week by
music rights investor Conquered And for those of.
Speaker 3 (05:56):
You with time and a lot of money on hand,
this story.
Speaker 11 (05:59):
Is for you.
Speaker 3 (06:01):
A rare Rolex with a split second chronograph sold for
three and a half million dollars at auction in Monaco.
That is a record price for the Rolex four one
point one three produced in nineteen forty two. It is
one of just twelve ever made and nine known to exist.
The watch has a case diameter of one point seven
three inches. That makes it one of the largest watches
(06:23):
Rolex ever made.
Speaker 2 (06:28):
And it's time now for a look at some of
their stories making news in New York and around the world.
And for that we're joined by Bloomberg's Michael Barr. Welcome back, Michael,
Thank you very much.
Speaker 10 (06:36):
Karen.
Speaker 11 (06:37):
There's a call for greater security as Passover begins at
sundown today, as tensions over the Israel Hamas war loom.
Authorities across the country are showing concern. Rabbi associated with
Columbia University is urging Jewish students to go home, saying
the university's public safety and the New York Police Department
cannot guarantee Jewish student safety. Over the weekend, students with
(07:00):
sleeping bags refused to leave the grounds of Columbia University.
The pro Palestinian demonstrators called for the Ivy League Institution
to divest its stocks, funds, and endowments from companies that
they say profit from Israel's violations of international law and
Palestinian human rights, among them. This student of Syrian descent.
Speaker 12 (07:21):
Seeing the parallels, witnessing the level of violence that Palestinians
and Palstinians in the West Bank Palestinians all across Palestine
are being subjected to, but especially the genocidalze.
Speaker 11 (07:35):
Some counter protests also popped up, calling for the terror
network holding Israeli hostages inside Gaza to release them. Riva
Feinstein is a retired administrator for Columbia.
Speaker 2 (07:46):
The whole thing breaks my heart, and isn't it especially
I think it's.
Speaker 1 (07:52):
The worst, horrible, most horrible.
Speaker 8 (07:53):
Thing is what's going on with these hostages that it's
one hundred and ninety eight days today.
Speaker 11 (07:59):
Some ares were made over the weekend when protesters on
campus refused to leave and tussled with the NYPD. A
military base in Syria belonging to a US led coalition
came under rocket fire late on Sunday. That's according to
a statement from the government affiliated Iraqi Security media Cell.
It said at least one rocket landed at the base,
(08:21):
its first reported attack on the US base in the
Middle East since February. A person has been taken into
custody after allegedly breaking into the home of Los Angeles
Mayor Karen Bass. Police say it happened early Sunday morning.
Police say the unidentified suspect smashed one of the homes
windows to gain entry before being taken into custody without
(08:41):
further incident. LAPD Lieutenant James myonachus, it's the.
Speaker 13 (08:46):
Mayor of the city and we're concerned in any resident
that has somebody just come into their home, so we
treat this very seriously.
Speaker 11 (08:52):
The Mayor's office says she was at home and was uninjured.
Global News twenty four hours a day and whenever you
want it with the Bloomberg New Now Michael Barr, and
this is Bloomberg.
Speaker 1 (09:02):
Kern, right, Michael Barr, Thank you.
Speaker 2 (09:09):
Time now for the Bloomberry Scores update with John stash Hour.
Speaker 1 (09:12):
John, good morning, Good morning, Carrod.
Speaker 4 (09:14):
After the winningest regular season in club history, obviously high
hopes for the Rangers and the Stanley Cup Playoffs, Game
one at the Arden Rangers in Capitol scoreless first period
than the first Ranger goal the postseason came from an
unlikely player.
Speaker 11 (09:26):
Rempy carries the puck over the red line with Goodrow
on left wing. Rank White pass collected by VC off
the wall, beats it behind.
Speaker 5 (09:33):
An end good Troit tight.
Speaker 1 (09:35):
I score the best.
Speaker 5 (09:37):
Rempy on the doorstep Hen he bangs it home.
Speaker 4 (09:39):
Honey ESP New York rookie Matt Rempy, known more for
his fighting skills of his goal scoring thirty three seconds later.
Our Semi Pineren scored minut and a half after that.
Jimmy VC Rangers beat Washington four to one. Game two
tomorrow home team's all one Florida, Vancouver and Winnipeg a
wild one with Colorado. The Jets won seven to six
to six goals scored in both the first and third periods.
Speaker 11 (10:01):
Home cooking.
Speaker 4 (10:01):
Also in the NBA, Celtics by twenty over Miami, Jason
Tatum at triple double. Clippers played without the injured Kawhi
Leonards still beat Dallas easily. Milwaukee was without Gianni sun
To the Compost still beat Indiana easily. Damian Lillard scored
thirty five for the Bucks, all of them in the
first half. Close won last night in Oklahoma City by
two over New Orleans Nixon Sixers. Game two tonight at MSG,
(10:24):
the Mets six game win streak came to a crashy haul.
Dodgers won ten to nothing. A home run for showe
O Tommy that gave him the record for most by
a Japanese player, surpassing the x Yankee Hideki Matsui. Yankees
top Tampa Bay five to four day game today at
the stadium with Oakland. The only thing that can stop
Scottie Scheffler the rain at Hilton Head. He'll be back
early this morning to seemingly finished up another win. Leads
(10:46):
by five with three holes to play. It'll be Scheffer's
fourth winning his last five and on the LPGA Tour,
Nelly Corda has won each of her last five tournaments.
The only others to do that Nancy Lopez and Anica
Sorenstain that with Bloomberg Sports.
Speaker 10 (11:03):
Coast to Coast on Bloomberg Radio, nationwide on Sirius XM,
and around the world on Bloomberg dot Com and the
Bloomberg Business app. This is Bloomberg Daybreak. Good morning, I'm
Nathan Hager.
Speaker 3 (11:16):
Months of deadlock on aid to Ukraine and Israel are
finally broken on Capitol Hill. The ninety five billion dollar
package is headed to the Senate now for the first
votes expected tomorrow after a bipartisan series of votes in
the House that had Speaker Mike Johnson facing off with
hardliners in his own party for more.
Speaker 5 (11:34):
We are joined by.
Speaker 3 (11:35):
Terry Haynes, founder of Pangaea Policy. Terry, Good morning, does
the passage of this aid blunt geopolitical risk for this market?
Speaker 13 (11:43):
Good morning, Nathan. You know, I think the Ukraine the
House package is a geopolitical risk positive, but I think
it's very much outweighed by what's going on in the
Middle East right now. You know the mark I think
are taking comfort in the word de escalation, But when
(12:04):
you've had very serious escalation before people decide they're not
going to shoot everything they've got at each other, that
net serious escalation, not de escalation. You know, if you
have the stock goes up by ten points and then
it goes down one, you know like that it's not
going down you got plus nine. And that's kind of
where we are today.
Speaker 3 (12:25):
And now that this package is heading to the Senate,
I wonder what that risk of further escalation in the
Middle East means for the prospects for this package there.
I've got to think that there would be a number
of progressive senators who are concerned about the way this
war has been going in Gaza that might have a
(12:46):
little bit of pause when it comes to providing further aid.
Is there that risk there?
Speaker 13 (12:52):
Sure?
Speaker 2 (12:52):
Yeah?
Speaker 13 (12:53):
I think in the end this aid package passes by
the way, so let's start there. But yeah, absolutely, there
are a lot of things that could slow this down,
and concerns about Gazer is right up there at the top.
Another potential one is the TikTok issue. Not so much
because there's any lack of concern about TikTok, but there
(13:17):
is a difference of opinion. There has been a difference
of opinion in the Senate with the House on exactly
how you ought to deal with the TikTok issue, So
there's a potential that that falls out or changes as well.
And if that happens and the Center ultimately passes a
bill that isn't identical to the House, then it has
to go back to the House for another vote, So
(13:37):
this might get delayed by a week or so.
Speaker 3 (13:39):
The TikTok aspect of this is pretty interesting because it's
been altered to give by Dance up to a year
to finish the divestment, which puts it past the November election.
And any concerns that a lot of lawmakers might have
about whether this app could have an impact on the
(14:00):
November election.
Speaker 13 (14:02):
Yeah, it's on that level. I think it's it's a
little strange. Yeah, at the same time, I think it is.
The impulse here was primarily fairness, the idea that that
an immediate divestiture would be unfair to the asset, and
and and look like some sort of a fire sale,
(14:22):
and frankly bring up another another series of legal issues.
So so what they decided to do was give it
some time to to to find an appropriate buyer.
Speaker 3 (14:32):
In terms of how this got done, Terry House Speaker
Johnson had to look past an ouster threat to work
with Democrats to get it done. Is Speaker Johnson's job
in danger this morning?
Speaker 13 (14:45):
Yeah, certainly there's a threat to it. I do think
that it's it's less likely that he ends up getting ousted,
though you know, if I had to put my put
my quarter somewhere, I'd put it on john staying.
Speaker 2 (15:01):
Uh.
Speaker 13 (15:01):
You know, the vast, vast majority of Republicans want him
to stay, and I think that continues. I don't I
don't take lightly the idea that this small band of
supposed House purists might seek to try to take him down.
But I think there's there's such disapproval from the from
(15:23):
the body of Republicans overall that I think it's it's
unlikely to happen. What these folks seem to be hanging
their hat on. Is the idea that if there's any
you know, there, any more than the three that are
currently now there, well, then Johnson's going to see the
light and he's gonna, you know, he's going to have
to resign just to be honorable or something. Well, you know,
Johnson's already showed you what he's interested in being honorable on,
(15:45):
which is, among other things, American leadership and globally an
American foreign policy. He professes not to be concerned about that,
and I think I'll take it as a word on it.
Speaker 3 (15:58):
This is Bloomberg Daybreak Today, your morning brief on the
stories making news from Wall Street to Washington and beyond.
Speaker 2 (16:04):
Look for us on your podcast feed at six am
Eastern each morning, on Apple, Spotify, and anywhere else you
get your podcasts.
Speaker 3 (16:12):
You can also listen live each morning starting at five
am Wall Street time, on Bloomberg eleven three to zero
in New York, Bloomberg ninety nine to one in Washington,
Bloomberg one oh six to one in Boston, and Bloomberg
ninety sixty in San Francisco.
Speaker 2 (16:26):
Our flagship New York station is also available on your
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Speaker 3 (16:34):
Listen coast to coast on the Bloomberg Business app, SERIUSXM,
the iHeartRadio app, and on Bloomberg dot Com. I'm Nathan Hager.
Speaker 1 (16:42):
And I'm Karen Moscow.
Speaker 2 (16:43):
Join us again tomorrow morning for all the news you
need to start your day right here on Bloomberg Daybreak
Speaker 10 (17:03):
And by
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