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Speaker 1: News when you want it. With Bloomberg News Now, I'm

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Speaker 1: Doug Chrisner. We'll begin with a news on Nvidia. After

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Speaker 1: the bell we learned that the US Department of Justice

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Speaker 1: sent subpoenas to Nvidia and other third party companies in

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Speaker 1: a search for evidence that the chip maker violated antitrust laws.

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Speaker 1: Here's Bloomberg's Ian King.

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Speaker 2: We've reported a while ago that there was questionnaires going out,

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Speaker 2: that they were just sort of asking customers, asking competitors,

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Speaker 2: you know, what was going on in the market. The

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Speaker 2: fact that this has gone to the subpoena stage, the

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Speaker 2: legally enforceable request for information, is usually a sign of

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Speaker 2: an escalation in terms of what they might be looking for,

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Speaker 2: things like bundling, things like, you know, taking action, perhaps

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Speaker 2: punitive action against companies that don't use it exclusively.

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Speaker 1: That is Bloomberg's Ian King. Now. Representatives for both the

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Speaker 1: DOJ and Nvidia declined to comment. Now, even before the

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Speaker 1: news broke, and Video shares were down nine to half

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Speaker 1: percent in the regular session, dragging the rest of the

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Speaker 1: semiconductor complex down with it. That part of the story

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Speaker 1: from Bloomberg's.

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Speaker 3: Charlie Pellett, Paul Nolty a market strategist and senior wealth

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Speaker 3: manager at Murphy and Sylvest Wealth Management, says in videos

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Speaker 3: selloff is likely the result of post earnings malaise combined

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Speaker 3: with a broader rotation into cheaper stocks. The drop in

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Speaker 3: semiconductors comes amid lingering questions about the sustainability of heavy

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Speaker 3: spending on hardware used in artificial intelligence computing. In New York,

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Speaker 3: Charlie Pellett Bloomberg.

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Speaker 1: Radio, Donald Trump has lost his bid to move his

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Speaker 1: hush money case to federal court. We have more from

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Speaker 1: Bloomberg zed Coleggi.

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Speaker 4: A US judge rule that former President Donald Trump cannot

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Speaker 4: transfer his New York hush money case to federal court,

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Speaker 4: a move that likely would have delayed his September eighteenth

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Speaker 4: sentencing until well after the November presidential election. US District

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Speaker 4: Judge Alvin Hellerstein in Manhattan said Tuesday that he didn't

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Speaker 4: have jurisdiction over the state law case in which Trump

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Speaker 4: was convicted earlier this year. Hellerstein's ruling is a strategic

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Speaker 4: setback for Trump, who has repeatedly sought to delay the

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Speaker 4: case until after the election. Ed Kuleggy Bloomberg Radio.

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Speaker 1: A former top aid to the New York governor is

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Speaker 1: now under arrest, and we know the specific charges. We

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Speaker 1: have more from Bloomberg's John Tucker.

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Speaker 5: Linda's son, a former top aide to New York Governor

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Speaker 5: Cathy Hockel, was arrested on federal charges that she acted

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Speaker 5: as an unregistered foreign agent for China. The Indice band

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Speaker 5: also names her husband a representative her HOCl said son

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Speaker 5: was hired more than a decade ago and later fired.

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Speaker 5: The Brooklyn US attorney alleges that Sun repeatedly violated internal

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Speaker 5: rules and protocols of the Governor's office to provide the

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Speaker 5: improfit benefits to China and the Communist Party. That includes

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Speaker 5: providing unauthorized invitations from the Governor's office that were used

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Speaker 5: by Chinese officials in the US to have meetings with

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Speaker 5: state officials. John Tucker Bloomberg Radio.

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Speaker 1: Israeli Prime Minister Benjamin Etniahu is sticking to his hardline

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Speaker 1: approach on Hamas in the face of mass protest at

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Speaker 1: home over the killing of six hostages and the suspension

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Speaker 1: of some British arms licenses. Here's Bloomberg's Amy Morris from Washington.

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Speaker 6: White House Press Secretary Karine Jean Pierre reiterated the president's

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Speaker 6: commitments on prioritizing a hostage deal in Gaza.

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Speaker 7: He and his team, for sure will keep working around

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Speaker 7: the clock to get this hostage deal done. And this

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Speaker 7: is a president that has been pretty pretty clear about

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Speaker 7: that he's met with the hostage families.

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Speaker 6: One barrier to a ceasefire deal Israel wants to retain

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Speaker 6: the right to restart fighting to achieve its aim of

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Speaker 6: destroying Hamas, but Hamas has said any accords should amount

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Speaker 6: to a permanent end to the conflict. In Washington, Amy

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Speaker 6: Morris Bloomberg Radio.

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Speaker 1: Vice president Kamala Harris may be ready to share the

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Speaker 1: wealth from her massive surge in campaign fundraising since she

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Speaker 1: took over the Democratic ticket. Bloomberg's Nathan Hager has more

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Speaker 1: from Washington.

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Speaker 8: The Harris campaign plans to shift twenty four and a

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Speaker 8: half million dollars to down ballot races, a source tells

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Speaker 8: Bloomberg News. That includes ten million each for the Democrats

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Speaker 8: House and Senate campaign arms, another two and a half

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Speaker 8: million to support candidates for state legislatures, and two million

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Speaker 8: dollars more for governor and attorney general campaigns. Harris raised

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Speaker 8: five hundred and forty million dollars between President Biden dropping

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Speaker 8: out of the race and last month's Democratic Convention. The

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Speaker 8: party faces its toughest fight holding onto the Senate, where

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Speaker 8: Republicans need to flip just two seats to win a majority.

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Speaker 8: In November. In Washington, Nathan Hager Bloomberg Radio, and that is.

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

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Speaker 1: Doug Prisoner and this is Bloomberg