1 00:00:02,000 --> 00:00:04,480 Speaker 1: News when you want it with Bloomberg News Now, I'm 2 00:00:04,480 --> 00:00:07,560 Speaker 1: Doug Prisner, the mastermind of the October seventh attack on 3 00:00:07,800 --> 00:00:10,840 Speaker 1: Israel is dead, but the war in Gaza is not over. 4 00:00:11,119 --> 00:00:13,400 Speaker 1: Bloomberg's Amy Morris has more from Washington. 5 00:00:13,600 --> 00:00:16,560 Speaker 2: Israeli Prime Minister Benjamin Nettannat, who spoke about the death 6 00:00:16,600 --> 00:00:19,120 Speaker 2: of Hamas leader Yaya sin War through an interpreter. 7 00:00:19,280 --> 00:00:21,520 Speaker 1: The person who committed the most tible massacre in the 8 00:00:21,560 --> 00:00:24,320 Speaker 1: history of our nation since the Holocaust, who was eliminated 9 00:00:24,360 --> 00:00:27,840 Speaker 1: today by our heroic soldiers, and today we settled the 10 00:00:27,840 --> 00:00:28,520 Speaker 1: account with him. 11 00:00:28,720 --> 00:00:31,800 Speaker 2: Prime Minister Benjamin Nettannao, who threw an interpreter says quote. 12 00:00:31,840 --> 00:00:35,879 Speaker 2: Our mission is not yet completed. National Security Advisor Jake 13 00:00:35,920 --> 00:00:39,040 Speaker 2: Sullivan called Sinnwar a critical obstacle in the path to 14 00:00:39,080 --> 00:00:41,520 Speaker 2: a ceasefire and hostage negotiation deal. 15 00:00:41,680 --> 00:00:45,239 Speaker 3: His removal from the battlefield does present an opportunity to 16 00:00:45,280 --> 00:00:47,360 Speaker 3: find a way forward that gets the hostages home. 17 00:00:47,520 --> 00:00:50,120 Speaker 2: And now all eyes are on Iran to see how 18 00:00:50,159 --> 00:00:53,320 Speaker 2: it will respond. In Washington, Amy Moore as Bloomberg Radio. 19 00:00:53,560 --> 00:00:55,560 Speaker 1: We heard it from Netflix after the bell and the 20 00:00:55,560 --> 00:00:58,960 Speaker 1: company posted another strong quarter. The streaming service said. It 21 00:00:59,040 --> 00:01:02,160 Speaker 1: added more than five five million customers in Q three 22 00:01:02,280 --> 00:01:05,960 Speaker 1: that beat estimates by five hundred thousand. Netflix also topped 23 00:01:06,000 --> 00:01:10,160 Speaker 1: expectations on every major financial metric, despite the hit of 24 00:01:10,280 --> 00:01:13,560 Speaker 1: last year's strikes by both actors and writers on new programming. 25 00:01:13,840 --> 00:01:16,520 Speaker 1: Here is Netflix CEO Ted Sorrandos. 26 00:01:17,160 --> 00:01:19,560 Speaker 3: Let's start with you know, looking into twenty twenty five, 27 00:01:19,600 --> 00:01:22,280 Speaker 3: we're feeling really good about the business. We had a 28 00:01:22,319 --> 00:01:25,119 Speaker 3: plan to re accelerate growth, and we've delivered on that plan. 29 00:01:25,720 --> 00:01:27,880 Speaker 3: You can see that in our twenty twenty four financials. 30 00:01:28,520 --> 00:01:31,240 Speaker 3: We expect to deliver fifteen percent revenue growth and six 31 00:01:31,280 --> 00:01:35,480 Speaker 3: percentage points of operating margin improvement and engagement, which we 32 00:01:35,600 --> 00:01:39,160 Speaker 3: view as our best proxy for member happiness because when 33 00:01:39,200 --> 00:01:41,959 Speaker 3: people watch more, they stick around longer, so that's retention. 34 00:01:42,280 --> 00:01:45,240 Speaker 1: Ted Sorrandos there, the CEO of Netflix. The stock was 35 00:01:45,319 --> 00:01:48,080 Speaker 1: up five percent in the late US trading. Some warnings 36 00:01:48,120 --> 00:01:51,840 Speaker 1: today from US Treasury Secretary Janet Yellen. She said sweeping 37 00:01:51,960 --> 00:01:57,000 Speaker 1: untargeted tariffs would hurt American households and businesses. Here's Yellen, 38 00:01:57,040 --> 00:01:59,920 Speaker 1: speaking to the Council on Foreign Relations in New York. 39 00:02:00,440 --> 00:02:05,080 Speaker 4: Calls for walling America off with high tariffs on friends 40 00:02:05,480 --> 00:02:10,079 Speaker 4: and competitors alike, where by treating even our closest allies 41 00:02:10,120 --> 00:02:16,160 Speaker 4: as transactional partners are deeply misguided. Sweeping on targeted tariffs 42 00:02:16,480 --> 00:02:20,320 Speaker 4: would raise prices for American families and make our businesses 43 00:02:20,440 --> 00:02:21,359 Speaker 4: less competitive. 44 00:02:21,560 --> 00:02:25,400 Speaker 1: US Treasury Secretary Janet Yellen onto retail sales here in 45 00:02:25,440 --> 00:02:28,520 Speaker 1: the US strengthening in the month of September by more 46 00:02:28,560 --> 00:02:32,360 Speaker 1: than forecast. The advance was pretty broad based, illustrating a 47 00:02:32,400 --> 00:02:37,280 Speaker 1: resilient American consumer. Here's Bloomberg's Lisa Abramowitz to me with this. 48 00:02:37,400 --> 00:02:40,119 Speaker 5: Basically is his confirmation that the US consumer is still 49 00:02:40,120 --> 00:02:42,560 Speaker 5: out there and spending. You mentioned the control group, the 50 00:02:42,600 --> 00:02:44,919 Speaker 5: fact that it was zero point seven if you strip 51 00:02:44,919 --> 00:02:46,760 Speaker 5: out auto and gas. That is what we're looking at 52 00:02:46,760 --> 00:02:49,320 Speaker 5: in terms of the pop and retail sales. The expectation 53 00:02:49,400 --> 00:02:51,920 Speaker 5: have been zero point three percent when you take a 54 00:02:51,919 --> 00:02:54,880 Speaker 5: look even stripping out autos up zero point five percent 55 00:02:54,960 --> 00:02:58,040 Speaker 5: versus zero point one percent. Key question here, are we 56 00:02:58,280 --> 00:03:02,120 Speaker 5: basically still in goldilocks? Does this confirm goldilocks or does 57 00:03:02,160 --> 00:03:03,600 Speaker 5: this confirm something else? 58 00:03:03,680 --> 00:03:03,840 Speaker 4: Right? 59 00:03:03,880 --> 00:03:06,680 Speaker 5: I mean is basically taking off the risk case scenario 60 00:03:06,760 --> 00:03:09,560 Speaker 5: recession once again and confirming some of the bullish feel. 61 00:03:09,720 --> 00:03:13,440 Speaker 1: That is Bloomberg's Lisa Abramowitz. Now, the retail sales data 62 00:03:13,800 --> 00:03:17,519 Speaker 1: cap another likely quarter of solid economic growth, although the 63 00:03:17,600 --> 00:03:20,959 Speaker 1: numbers do little to reverse expectations of the FED cutting 64 00:03:21,000 --> 00:03:25,000 Speaker 1: interest rates next month by twenty five basis points onto 65 00:03:25,040 --> 00:03:28,600 Speaker 1: the latest economic data for China first third quarter GDP 66 00:03:28,880 --> 00:03:31,480 Speaker 1: advancing at an annual rate to four point six percent 67 00:03:31,760 --> 00:03:34,160 Speaker 1: that was above the estimate, and in terms of the 68 00:03:34,200 --> 00:03:38,320 Speaker 1: monthly activity data for September, these numbers are stronger than forecast. 69 00:03:38,520 --> 00:03:41,360 Speaker 1: Industrial output rising at a rate of five point four 70 00:03:41,400 --> 00:03:44,200 Speaker 1: percent year over year. The estimate was looking for a 71 00:03:44,240 --> 00:03:47,560 Speaker 1: gain at four point six percent, and retail sales rising 72 00:03:47,600 --> 00:03:51,280 Speaker 1: three point two percent annually, also above the forecast of 73 00:03:51,320 --> 00:03:54,360 Speaker 1: two and a half percent. We go to Japan next, 74 00:03:54,560 --> 00:03:57,480 Speaker 1: where core consumer prices in the month of September were 75 00:03:57,560 --> 00:04:00,240 Speaker 1: up at an annual rate of two point four percent. 76 00:04:00,560 --> 00:04:04,119 Speaker 1: In baseball's postseason, the Cleveland Guardians beat the New York Yankees. 77 00:04:04,200 --> 00:04:06,880 Speaker 1: The Yankees lead the series two games to one. In 78 00:04:06,960 --> 00:04:11,680 Speaker 1: the ALCS. In the NLCS, the Los Angeles Dodgers beat 79 00:04:11,680 --> 00:04:14,320 Speaker 1: the New York Mets. The Dodgers now lead the series 80 00:04:14,320 --> 00:04:16,600 Speaker 1: three games to one. That is news when you want 81 00:04:16,640 --> 00:04:19,279 Speaker 1: it with Bloomberg News. Now I'm Doug prisoner and this 82 00:04:19,440 --> 00:04:20,039 Speaker 1: is Bloomberg