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Speaker 1: News when you wanted with Bloomberg News Now. I'm Brian

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Speaker 1: Curtis in Hong Kong. Shares of Nvidia jumping after the

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Speaker 1: company gave a bullish sales forecast. The AI chip giant

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Speaker 1: saw twenty six billion dollars in revenue in the first

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Speaker 1: quarter and then raised for the current quarter. We heard

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Speaker 1: from Melissa Otto, head of TMT research at Visible Alpha,

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Speaker 1: what in Vidia.

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Speaker 2: Really provides is a solution, and it's enabling data centers

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Speaker 2: to really transform themselves to accelerated computing, and that's what's

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Speaker 2: enabling generative AI to even happen. This is the really

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Speaker 2: exciting thing and differentiator that in Vidia brings to the market.

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Speaker 1: Video shares gained six percent in late trading. South Korea

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Speaker 1: has unveiled nineteen billion dollars in terms of incentives to

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Speaker 1: bolster the chip sector. The injection is seen as strong

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Speaker 1: support to Samsung Electronics and sk Heinex. UK Prime Minister

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Speaker 1: Rishi Sunak is calling for a surprise July fourth general election.

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Speaker 3: These uncertain times call for a clear plan and bold

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Speaker 3: action to chart a course to a secure future. You

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Speaker 3: must choose in this election who has that plan.

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Speaker 1: Rishie Sunak is trying to extend the Tory's fourteen year tenure.

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Speaker 1: The party has ruled since the Coalition government of twenty ten.

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Speaker 1: Sunac's Conservatives have been on a downward trajectory, though since

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Speaker 1: twenty twenty two. That's when former Prime Minister Liz Trust

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Speaker 1: sparked a market backlash to her economic plans. The Labour

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Speaker 1: Party has a substantial lead going into any election campaign.

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Speaker 1: Former US President Donald Trump leads President Biden by four

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Speaker 1: percentage points in the latest Bloomberg News Morning Consult poll.

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Speaker 1: In the so called blue Wall of Michigan, Pennsylvania, and Wisconsin,

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Speaker 1: the two front runners are separated by no more than

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Speaker 1: two percentage points. Henrietta Trees is director of Economic policy

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Speaker 1: research at Vada Partners.

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Speaker 4: Trump is not a head of where he was in

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Speaker 4: twenty twenty in a state like Wisconsin, for example. I

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Speaker 4: was just looking at your cross tabs. He's underwater by

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Speaker 4: ten points with seniors sixty five and up in those

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Speaker 4: swing states. The same is true in Arizona, where he's

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Speaker 4: down by about seven.

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Speaker 1: Henrietta Trees with Veda Partners. She says many of the

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Speaker 1: voters who supported President Biden back in twenty twenty are

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Speaker 1: either withholding or considering third party candidates. The US Senate

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Speaker 1: will have a floor vote on border security legislation on Thursday.

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Speaker 1: Bloomberg's Amy Morris has a preview from Washington.

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Speaker 5: Senate Majority leader Chuck Schumer is looking to pass border

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Speaker 5: security legislation as a standalone bill. He says, senators face

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Speaker 5: an important decision.

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Speaker 6: Will both sides come together to advance a bipartisan border

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Speaker 6: security bill?

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Speaker 5: All partisanship getting the way once again. Republican Senator James

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Speaker 5: Lanford helped negotiate the bill.

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Speaker 7: It's going to be a slim down bill.

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Speaker 6: Whatever we can do, it'll be something slim down on

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Speaker 6: the essentials.

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Speaker 5: Republicans are expected to block it, but that would give

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Speaker 5: Democrats something to campaign on this Willow year in Washington,

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Speaker 5: Amy Morris Bloomberg Radio.

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Speaker 1: Meantime minutes from the latest FED meeting show consensus around

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Speaker 1: higher for longer rates. Bloomberg's Michael McKee.

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Speaker 6: They feel like they need to just stay with higher

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Speaker 6: for longer for right now. Although we did have the

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Speaker 6: mention of various people talking about raising rates, that was

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Speaker 6: only in the context of inflation starting to rise again

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Speaker 6: and having sort of an outlook of problems from inflation

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Speaker 6: that would come from that. It didn't seem like they

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Speaker 6: think that's a very likely possibility, but the risks are

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Speaker 6: still there.

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Speaker 1: The meeting was on May first, before the softer April

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Speaker 1: CPI reading. That might explain the relatively muted response in

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Speaker 1: markets to the Fed minutes. Anglo American has extended takeover

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Speaker 1: talks with rival BHP. Here's Bloomberg's Alex Steele.

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Speaker 7: The issue is that the deal is complicated. They want

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Speaker 7: Anglo American to spin off all at South African assets

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Speaker 7: first and then agree to the takeover. Now, Anglo American

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Speaker 7: does not like that idea. I think it's too complicated

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Speaker 7: and obviously undervalues the company. And Anglo is proposing its

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Speaker 7: own restructuring as well, and that is also guess what,

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Speaker 7: spinning off some of their South African assets like de Beer's.

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Speaker 1: Bloomberg's Alex Steele. The two sides now have until May

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Speaker 1: twenty ninth to come to an agreement. That's news when

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Speaker 1: you want it with Bloomberg News Now, I'm Brian Curtis.

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Speaker 1: This is Bloomberg