December 8, 2025 • 4 mins
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Speaker 1 (00:00):
News when you want it with Bloomberg News Now, I'm
Charlie Pellett. President Trump has granted Nvidia permission to ship
its H two hundred artificial intelligence chip to China in
exchange for a twenty five percent cut of the sales.
The decision marks a major lobbying win for in Vidia
and could let it regain business lost in the China market.
(00:23):
The President added that the sales will go only to
approved customers, and the chip makers, including Intel and Advanced
micro Devices, would also be eligible. Reaction from Kansas Republican
Senator Jerry Moran.
Speaker 2 (00:37):
This has huge consequences.
Speaker 3 (00:39):
This is clearly about our country's economy in the future,
but it's also perhaps more importantly an issue for our
national security, our national defense.
Speaker 1 (00:47):
Kansas Republican Senator Jerry Moran, speaking on Bloomberg's Balance of Power.
President Trump meanwhile has announced twelve billion dollars in farmer
relief and pressured farm e equipment manufacturers to drop prices
for tractors.
Speaker 4 (01:03):
Maximizing domestic farm production is a big part of how
we will make America affordable again and bring down grocery
prices for American families.
Speaker 1 (01:12):
The aid package includes one time, payments to crop farmers,
and funds for growers of specialty crops. The eight comes
amid rising frustration among farmers on the slow pace of
Chinese purchases, which Beijing clamped down on earlier this year
in retaliation for Trump's escalating tariff barrage. Paramount Skydance has
(01:34):
taken its bidding for Warner Brothers Discovery public with an
offer of thirty dollars a share in cash, only days
after the company agreed to a deal with Netflix. Paramount's
bid is for the entirety of Warner Brothers, while Netflix
is only interested in the Hollywood studios and streaming business.
Netflix CEO Ted Sorrendos says Paramount's bid was expected.
Speaker 4 (01:58):
We have a deal done and we are incredibly happy
with the deal. We think it's great for our shareholders,
think it's great for consumers. We think it's a great
way to create and protect jobs in the entertainment industry.
We're super confident we're going to get it across the
line and finish, so we're excited.
Speaker 1 (02:14):
After the bell, Toll Brothers gave investors a cautious outlook
as housing demand remain soft, and with that story, Bloomberg's
Alexis CHRISTOFFERUS.
Speaker 5 (02:24):
Luxury home builder Toll Brothers says more affluent customers were
willing to trade up to a new home last quarter,
even if it meant selling an existing home and giving
up a cheaper mortgage rate. It also helped that rates
plunged from almost seven percent to below six point three percent. Builders,
including Toll, have been leaning more heavily on incentives, such
as mortgage rate buydowns to attract buyers. Told Brothers also
(02:47):
warned that it will deliver fewer homes than expect it
in twenty twenty six.
Speaker 1 (02:51):
Bloomberg's Alexis Christofferus next Era Energy shares were down three
point one percent today after announcing a floria of to
develop data centers and expand its fossil fuel footprint and
with more. Here's Bloomberg's Tom buzzbe.
Speaker 3 (03:08):
Next Era is the big clean power developer that's been
pivoting into natural gas generation, preferred by President Donald Trump.
The shares declined as investors questioned whether the company could
make that switch. A Jeffreys analyst attributed the drop to
weak renewable development and a need to convert data center
announcements into deals and earnings. In its investor Day presentation,
(03:29):
next Era said it will partner with Alphabet inks Google
Cloud to develop data centers across the US, and agreed
to supply about two point five gigawatts of clean energy
capacity to meta platforms. The Florida based companies also buying
a natural gas retailer and plans to develop gas plants
separately with Exonmobile and Comstock Resources.
Speaker 1 (03:48):
In New York.
Speaker 3 (03:49):
Tom buzzby Bloomberg Radio.
Speaker 1 (03:51):
A down day today, with the Dow, the SMP, and
NESTAK all declining. The S and P five hundred dipped
after closing. Neuro Record has uncertainty over the pace of
easing in twenty twenty six and warriiness about the sustainability
of an AI driven rally tempered sentiment. As for the
inflation outlook, Kevin Gordon is head of macro Research and
(04:11):
Strategy at Charles Schwab.
Speaker 2 (04:13):
I think that the inflation backtrop is going to be
a little bit trickier in the sense that there's probably
some upside inflation risk from tariffs that are expected to
stay high, which have already put upper pressure on goods prices,
but also physical stimulus coming from the Big beautiful bill.
And I think still a even if it's a wobbly
but still relatively resilient labor market that keeps people spending
on a month to month basis.
Speaker 1 (04:33):
Kevin Gordon of Charles Schwab. And that's news when you
want it with Bloomberg News. Now, I'm Charlie Pealatan. This
is book
News when you want it with Bloomberg News Now, I'm
Charlie Pellett. President Trump has granted Nvidia permission to ship
its H two hundred artificial intelligence chip to China in
exchange for a twenty five percent cut of the sales.
The decision marks a major lobbying win for in Vidia
and could let it regain business lost in the China market.
(00:23):
The President added that the sales will go only to
approved customers, and the chip makers, including Intel and Advanced
micro Devices, would also be eligible. Reaction from Kansas Republican
Senator Jerry Moran.
Speaker 2 (00:37):
This has huge consequences.
Speaker 3 (00:39):
This is clearly about our country's economy in the future,
but it's also perhaps more importantly an issue for our
national security, our national defense.
Speaker 1 (00:47):
Kansas Republican Senator Jerry Moran, speaking on Bloomberg's Balance of Power.
President Trump meanwhile has announced twelve billion dollars in farmer
relief and pressured farm e equipment manufacturers to drop prices
for tractors.
Speaker 4 (01:03):
Maximizing domestic farm production is a big part of how
we will make America affordable again and bring down grocery
prices for American families.
Speaker 1 (01:12):
The aid package includes one time, payments to crop farmers,
and funds for growers of specialty crops. The eight comes
amid rising frustration among farmers on the slow pace of
Chinese purchases, which Beijing clamped down on earlier this year
in retaliation for Trump's escalating tariff barrage. Paramount Skydance has
(01:34):
taken its bidding for Warner Brothers Discovery public with an
offer of thirty dollars a share in cash, only days
after the company agreed to a deal with Netflix. Paramount's
bid is for the entirety of Warner Brothers, while Netflix
is only interested in the Hollywood studios and streaming business.
Netflix CEO Ted Sorrendos says Paramount's bid was expected.
Speaker 4 (01:58):
We have a deal done and we are incredibly happy
with the deal. We think it's great for our shareholders,
think it's great for consumers. We think it's a great
way to create and protect jobs in the entertainment industry.
We're super confident we're going to get it across the
line and finish, so we're excited.
Speaker 1 (02:14):
After the bell, Toll Brothers gave investors a cautious outlook
as housing demand remain soft, and with that story, Bloomberg's
Alexis CHRISTOFFERUS.
Speaker 5 (02:24):
Luxury home builder Toll Brothers says more affluent customers were
willing to trade up to a new home last quarter,
even if it meant selling an existing home and giving
up a cheaper mortgage rate. It also helped that rates
plunged from almost seven percent to below six point three percent. Builders,
including Toll, have been leaning more heavily on incentives, such
as mortgage rate buydowns to attract buyers. Told Brothers also
(02:47):
warned that it will deliver fewer homes than expect it
in twenty twenty six.
Speaker 1 (02:51):
Bloomberg's Alexis Christofferus next Era Energy shares were down three
point one percent today after announcing a floria of to
develop data centers and expand its fossil fuel footprint and
with more. Here's Bloomberg's Tom buzzbe.
Speaker 3 (03:08):
Next Era is the big clean power developer that's been
pivoting into natural gas generation, preferred by President Donald Trump.
The shares declined as investors questioned whether the company could
make that switch. A Jeffreys analyst attributed the drop to
weak renewable development and a need to convert data center
announcements into deals and earnings. In its investor Day presentation,
(03:29):
next Era said it will partner with Alphabet inks Google
Cloud to develop data centers across the US, and agreed
to supply about two point five gigawatts of clean energy
capacity to meta platforms. The Florida based companies also buying
a natural gas retailer and plans to develop gas plants
separately with Exonmobile and Comstock Resources.
Speaker 1 (03:48):
In New York.
Speaker 3 (03:49):
Tom buzzby Bloomberg Radio.
Speaker 1 (03:51):
A down day today, with the Dow, the SMP, and
NESTAK all declining. The S and P five hundred dipped
after closing. Neuro Record has uncertainty over the pace of
easing in twenty twenty six and warriiness about the sustainability
of an AI driven rally tempered sentiment. As for the
inflation outlook, Kevin Gordon is head of macro Research and
(04:11):
Strategy at Charles Schwab.
Speaker 2 (04:13):
I think that the inflation backtrop is going to be
a little bit trickier in the sense that there's probably
some upside inflation risk from tariffs that are expected to
stay high, which have already put upper pressure on goods prices,
but also physical stimulus coming from the Big beautiful bill.
And I think still a even if it's a wobbly
but still relatively resilient labor market that keeps people spending
on a month to month basis.
Speaker 1 (04:33):
Kevin Gordon of Charles Schwab. And that's news when you
want it with Bloomberg News. Now, I'm Charlie Pealatan. This
is book
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