October 13, 2025: Trump Pushes for Gaza Peace, SpaceX Starship Success, More

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Episode Transcript

Speaker 1 (00:00):
News when you want it with Bloomberg News Now, I'm
Doug Prisner. The first phase of the Israel Hamasies fire
is underway, and today President Trump urged world leaders to
ensure the US led truce turns into a lasting peace.
Trump also addressed Gaza's future as he spoke to a
global summit in Egypt.

Speaker 2 (00:19):
The rebuilding begins.

Speaker 3 (00:20):
The rebuilding is maybe going to be the easiest part.

Speaker 4 (00:24):
I think we've done a lot of the hardest part
because the rest comes together.

Speaker 3 (00:28):
We all had to rebuild, and we know how to
build better than anybody in the world. Now.

Speaker 1 (00:31):
Trump's stop in Egypt was his second in the Middle East.
Earlier in the day in Israel, the President welcome back
the hostages and he spoke to the Kanesset in Jerusalem.
Speaking first was Israeli Prime Minister Benjamin Neknyahu.

Speaker 4 (00:45):
Mister President, you are committed to this piece.

Speaker 5 (00:49):
I am committed to this piece, and together, mister President,
we will.

Speaker 4 (00:53):
Achieve this piece.

Speaker 1 (00:55):
Israeli Prime Minister Benjamin Neknyahu. There meantime, there are many
questions about what comes next. Here is Mona Yakubian from
the Center for Strategic and International Studies, I think.

Speaker 2 (01:07):
The President is perhaps premature in saying the war is over.
The difficult steps ahead are the ones that we will
have to watch closely to see if in fact his
aspirations become reality.

Speaker 1 (01:20):
That is Mona Yakubian from CSIS. Tonight, the SpaceX Starship
rocket lifted off for its eleventh test flight. It deployed
several test satellites in space and then returned to Earth,
with the upper stage splashing down in the Indian Ocean.
Here is audio from SpaceX mission control.

Speaker 3 (01:40):
There is our landing burn.

Speaker 1 (01:47):
Three down to two Starship of Labert. With Monday's mission,
SpaceX aims to at least match the success of its
last spaceflight in August. Back then, Starship bounced back from
a series of failures earlier this year. We moved to
earnings news next. Samsung posted its biggest quarterly profit in
more than three years. These results reflect a booming market

(02:08):
for memory chip demand while AI development accelerates globally. We
got reaction from Masahiro Wakasugi from Bloomberg Intelligence.

Speaker 5 (02:17):
The number looks pretty good and operating profit increased the
almost thirty percent year over year based on the preliminary
numbers and Also, the quota over quota growth is around
one sixty percent. It's so maybe a two point six
times as much as Q two numbers, so the recovery

(02:40):
looks quite great.

Speaker 1 (02:41):
That is Bloomberg analyst Masa hero Wakasugi. Open Ai will
buy custom chips and networking gear from Broadcom in a
multi year deal and as a part of this agreement,
open Ai will design the hardware and work with Broadcom
to develop it. This is part of a plan from
open ai to add ten gigawatts worth of AI data
center capacity. Now. These two companies will begin deploying racks

(03:04):
of servers containing the gear in the second half of
twenty twenty six. Here is Bloomberg analyst Mandeep Singh.

Speaker 3 (03:11):
They are really going after data center capacity right now,
and the way they are doing it is by diversifying
their supplier base. So it's not just relying on Nvidia,
which everyone does right now for compute, but really leveraging Broadcom,
which is a custom silicon maker.

Speaker 1 (03:31):
That is Mandeep saying from Bloomberg Intelligence. Incidentally, shares in
Broadcom rallied nearly ten percent. Today, it's day thirteen of
the US government shutdown, and both Houses of Congress remain
in recess. Democrats want a conversation with Republicans about extending
healthcare tax credits. They are part of the Affordable Care
Act and they will expire at the end of the year. Now,

(03:53):
Republicans say they will not hold a conversation until Senate
Democrats vote yes on their government funding bill. House Speaker
Mike Johnson defended his decision to send House lawmakers home,
canceling legislative business in Washington until further notice.

Speaker 4 (04:09):
Our members are doing very productive work. We're in constant
communication with them, and we are ready to come back
and continue the work in our committees and everything on
the House floor. We will return the legislative session as
soon as the Democrats come to their senses and open
the government.

Speaker 1 (04:22):
House Speaker Mike Johnson speaking there. Meantime, the White House
has begun firing thousands of federal workers, and Treasury Secretary
Scott Bessett indicated his department is shuffling the flow of
money in order to allow for US military staff to
get paid. A Republican attack on a core provision of
the Voting Rights Act comes before the Supreme Court this week.

(04:44):
We have a preview from Bloomberg's Amy Morris.

Speaker 6 (04:47):
Lawyers for the Trump administration and Louisiana, will try to
persuade the Justices to eliminate the state's second majority black
congressional district. The Louisiana case got to this point after
black voters and civil rights groups sued and one lower
court rulings that struck down the first congressional map drawn
by the state's GOP controlled legislature that created just one

(05:09):
black majority district among six House seats in a state
that is one third black. The Justices will hear arguments
on Wednesday in Washington, Amy Morris, Bloomberg Radio.

Speaker 1 (05:18):
In baseball's postseason, we begin with the ALCS. The Seattle
Mariners beat the Toronto Blue Jays toon night ten to three.
Seattle now leads this series to nothing. In the NLCS,
the LA Dodgers beat the Milwaukee Brewers two one, and
Los Angeles now leads this series one nothing. And that
is news when you want it with Bloomberg News. Now,

(05:39):
I'm Doug Chrisner, and this is Bloomberg