December 7, 2025 • 5 mins
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Speaker 1 (00:00):
Views when you want it with Bloomberg News Now, I'm
Charlie Pellett. President Trump is raising potential anti trust concerns
for Netflix's planned acquisition of Warner Brothers Discovery, noting that
the market share of the combined entity may pose problems.
The presidents saying at the Kennedy Center, Netflix has a
very big market share, and when they have Warner Brothers,
(00:23):
that share goes up a lot. The President also voiced
disappointment in Ukrainian President Vladimir Zelensky's handling of a US
proposal to end the war with Russia.
Speaker 2 (00:33):
We've been speaking to Ukrainian leaders, including Zelensky, President Zelenski,
and I have to say that I'm a little bit
disappointed that President Zelensky hasn't yet read the proposal that
was as of a few hours ago. His people love it,
but he has it. Russia's fine with it.
Speaker 1 (00:52):
President Trump spoke as he arrived at the Kennedy Center
for an event. Chinese and Japanese ties are coming under
further strain after a Chinese fighter aircraft trained fire control
radar on Japanese military jets for the first time. The
two countries are giving conflicting accounts of events, with Tokyo
claiming a Chinese fighter jet locked radar on its planes
(01:15):
over international waters and Beijing accusing Japanese jets of disrupting
its air training. Here's more from Bloomberg Steven Engel.
Speaker 3 (01:24):
Takeiichi San, the Japanese Prime Minister, said, this is an
extremely unfortunate situation. We strongly protested to China and demanded
measures to prevent any reoccurrence. We will respond calmly and firmly.
But again the Chinese have a different account of that,
and they still are demanding an apology from Takichi San
(01:48):
regarding her comments last month regarding Taiwan, and also a
retraction of those comments. So far, Tokyo has.
Speaker 1 (01:56):
Stood for Bloomberg Steven Engel. Today marks eighty four years
since Japan launched a surprise attack on the US Navy
base at Pearl Harbor in Hawaii. More than twenty three
hundred Americans died in that attack, and it catapulted the
US into World War II. Today, a remembrance ceremony was
held at the Intrepid Museum in New York honoring the
(02:18):
lives lost. Here's Intrepid Museum co chair Ken.
Speaker 4 (02:22):
Fisher, remembering those lost on this date in nineteen forty
one and the four years a brutal flaw of fighting
that followed is our responsibility as Americans, truly a national duty.
Speaker 1 (02:36):
Intrepid Museum co chair Ken Fisher. IBM is said to
be in advanced negotiations to acquire data infrastructure firm Confluent
for about eleven billion dollars. This according to The Wall
Street Journal sighting sources. The journal says this deal could
happen as early as Monday. If IBM does go ahead,
(02:56):
it could mark one of the firm's biggest acquisitions in
recent years. Stocks will begin the week close to records
with a light week ahead for earnings. Equities have been
getting a lift from rate cut bets and improving sentiment,
and Bloomberg Intelligence says the backdrop for stocks remains generally supportive.
Brett Ewing is chief market staategist at First Franklin Financial Services.
Speaker 5 (03:21):
Look, we just went through earning season. It was probably
one of the greatest third quarter earning seasons of thirteen
percent year over year, eighty three percent of companies beat
on their earnings, seventy seven percent of the company's beat
on their top line and net profit margins are been
the highest they've been in over fifteen years, and I
(03:42):
think the acceleration actually continues, but the difference between this
year and twenty twenty six will be I think the
rally will the breadth of the market is going to
expand into other areas.
Speaker 1 (03:55):
Brett Ewing of First Franklin Financial. Among the names reporting
this week retailers AutoZone and Costco, along with tech names Adobe, Broadcom,
CNA and Synopsis. Australia's Central Bank is poised to keep
interest rates unchanged for a Third Street meeting, with economists
(04:15):
anticipating the Reserve Bank will keep the cash rate at
three point six percent at its December eighth December ninth meeting.
Dianamosina is Deputy Chief Economist at AMP.
Speaker 6 (04:27):
The reason that there's all they talk about rate hikes
recently is because some of the data has been a
little bit stronger than we've been expecting. So we've of
course had the uptrend in monthly inflation data now for
a number of months, the GDP figures have been a
little bit stronger the consumer, I suppose, as seeing this
slow turnaround, the labor market hasn't deteriorated as fast as
(04:48):
expected either. So from a policy point of view, I
think it does make sense that the RBA is on hold.
Speaker 1 (04:54):
From here, Dianamos snap at amp and that's news when
you want it. With bloom News now, I'm Charlie Palett,
and this is Bloomberg
Views when you want it with Bloomberg News Now, I'm
Charlie Pellett. President Trump is raising potential anti trust concerns
for Netflix's planned acquisition of Warner Brothers Discovery, noting that
the market share of the combined entity may pose problems.
The presidents saying at the Kennedy Center, Netflix has a
very big market share, and when they have Warner Brothers,
(00:23):
that share goes up a lot. The President also voiced
disappointment in Ukrainian President Vladimir Zelensky's handling of a US
proposal to end the war with Russia.
Speaker 2 (00:33):
We've been speaking to Ukrainian leaders, including Zelensky, President Zelenski,
and I have to say that I'm a little bit
disappointed that President Zelensky hasn't yet read the proposal that
was as of a few hours ago. His people love it,
but he has it. Russia's fine with it.
Speaker 1 (00:52):
President Trump spoke as he arrived at the Kennedy Center
for an event. Chinese and Japanese ties are coming under
further strain after a Chinese fighter aircraft trained fire control
radar on Japanese military jets for the first time. The
two countries are giving conflicting accounts of events, with Tokyo
claiming a Chinese fighter jet locked radar on its planes
(01:15):
over international waters and Beijing accusing Japanese jets of disrupting
its air training. Here's more from Bloomberg Steven Engel.
Speaker 3 (01:24):
Takeiichi San, the Japanese Prime Minister, said, this is an
extremely unfortunate situation. We strongly protested to China and demanded
measures to prevent any reoccurrence. We will respond calmly and firmly.
But again the Chinese have a different account of that,
and they still are demanding an apology from Takichi San
(01:48):
regarding her comments last month regarding Taiwan, and also a
retraction of those comments. So far, Tokyo has.
Speaker 1 (01:56):
Stood for Bloomberg Steven Engel. Today marks eighty four years
since Japan launched a surprise attack on the US Navy
base at Pearl Harbor in Hawaii. More than twenty three
hundred Americans died in that attack, and it catapulted the
US into World War II. Today, a remembrance ceremony was
held at the Intrepid Museum in New York honoring the
(02:18):
lives lost. Here's Intrepid Museum co chair Ken.
Speaker 4 (02:22):
Fisher, remembering those lost on this date in nineteen forty
one and the four years a brutal flaw of fighting
that followed is our responsibility as Americans, truly a national duty.
Speaker 1 (02:36):
Intrepid Museum co chair Ken Fisher. IBM is said to
be in advanced negotiations to acquire data infrastructure firm Confluent
for about eleven billion dollars. This according to The Wall
Street Journal sighting sources. The journal says this deal could
happen as early as Monday. If IBM does go ahead,
(02:56):
it could mark one of the firm's biggest acquisitions in
recent years. Stocks will begin the week close to records
with a light week ahead for earnings. Equities have been
getting a lift from rate cut bets and improving sentiment,
and Bloomberg Intelligence says the backdrop for stocks remains generally supportive.
Brett Ewing is chief market staategist at First Franklin Financial Services.
Speaker 5 (03:21):
Look, we just went through earning season. It was probably
one of the greatest third quarter earning seasons of thirteen
percent year over year, eighty three percent of companies beat
on their earnings, seventy seven percent of the company's beat
on their top line and net profit margins are been
the highest they've been in over fifteen years, and I
(03:42):
think the acceleration actually continues, but the difference between this
year and twenty twenty six will be I think the
rally will the breadth of the market is going to
expand into other areas.
Speaker 1 (03:55):
Brett Ewing of First Franklin Financial. Among the names reporting
this week retailers AutoZone and Costco, along with tech names Adobe, Broadcom,
CNA and Synopsis. Australia's Central Bank is poised to keep
interest rates unchanged for a Third Street meeting, with economists
(04:15):
anticipating the Reserve Bank will keep the cash rate at
three point six percent at its December eighth December ninth meeting.
Dianamosina is Deputy Chief Economist at AMP.
Speaker 6 (04:27):
The reason that there's all they talk about rate hikes
recently is because some of the data has been a
little bit stronger than we've been expecting. So we've of
course had the uptrend in monthly inflation data now for
a number of months, the GDP figures have been a
little bit stronger the consumer, I suppose, as seeing this
slow turnaround, the labor market hasn't deteriorated as fast as
(04:48):
expected either. So from a policy point of view, I
think it does make sense that the RBA is on hold.
Speaker 1 (04:54):
From here, Dianamos snap at amp and that's news when
you want it. With bloom News now, I'm Charlie Palett,
and this is Bloomberg
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