1 00:00:01,000 --> 00:00:04,280 Speaker 1: News when you wanted with Bloomberg News Now, I'm Brian 2 00:00:04,360 --> 00:00:08,399 Speaker 1: Curtis in Hong Kong. Russia has released Wall Street Journal 3 00:00:08,440 --> 00:00:12,639 Speaker 1: reporter Evan gerskovet Chen former US Marine Paul Wheeland. It's 4 00:00:12,760 --> 00:00:15,600 Speaker 1: part of a major prisoner swap with the United States. 5 00:00:15,920 --> 00:00:19,040 Speaker 1: The men had been jailed in Russia on espionage charges, 6 00:00:19,480 --> 00:00:23,800 Speaker 1: charges they and the US deny. Bloomberg's Josh Wingrove says 7 00:00:23,920 --> 00:00:26,000 Speaker 1: it's a big moment for President Joe Biden. 8 00:00:26,079 --> 00:00:28,040 Speaker 2: Some of the reporting is that Biden had been working 9 00:00:28,600 --> 00:00:32,640 Speaker 2: on this, including on the very day that he announced 10 00:00:32,760 --> 00:00:35,479 Speaker 2: that he would not run again. So just to give 11 00:00:35,520 --> 00:00:37,960 Speaker 2: you a sense of the sort of priority that he 12 00:00:38,040 --> 00:00:39,599 Speaker 2: was putting on this, you know, on a day when 13 00:00:39,640 --> 00:00:42,239 Speaker 2: he was making arguably the most consequential decision of his 14 00:00:42,320 --> 00:00:44,800 Speaker 2: political life, he was also working with the phones to 15 00:00:44,840 --> 00:00:46,680 Speaker 2: put together this deal. 16 00:00:47,120 --> 00:00:49,479 Speaker 1: As part of the deal, the US and its allies 17 00:00:49,560 --> 00:00:53,960 Speaker 1: released eight prisoners to Russia. The swap took place in Anchora, Turkey. 18 00:00:54,400 --> 00:00:57,640 Speaker 1: Sixteen prisoners were returned to the West in exchange for 19 00:00:57,720 --> 00:01:01,640 Speaker 1: the Russian nationals. Among them were or other American citizens 20 00:01:02,000 --> 00:01:06,120 Speaker 1: as well as Russians imprisoned in the United States. In Germany, Poland, 21 00:01:06,200 --> 00:01:10,759 Speaker 1: Norway and Slovenia. Hesbela's chief says the group's battle against 22 00:01:10,800 --> 00:01:14,120 Speaker 1: Israel has entered what he called a new phase. He 23 00:01:14,240 --> 00:01:17,120 Speaker 1: vowed to respond following the killing of the top commander 24 00:01:17,120 --> 00:01:21,319 Speaker 1: of the militant group in Beiru. HESBELA Secretary General Hassan 25 00:01:21,440 --> 00:01:25,840 Speaker 1: Nasrala said the recent killings from Israel crossed red lines. 26 00:01:26,440 --> 00:01:31,120 Speaker 1: Israel has recently killed Hesbla's senior advisor Fuad Shuker and 27 00:01:31,200 --> 00:01:36,400 Speaker 1: hamasi's political chief Ishmael Haneap. Nosrala says the conflict now 28 00:01:36,480 --> 00:01:39,880 Speaker 1: is an open battle on all fronts. In the meantime, 29 00:01:40,000 --> 00:01:45,080 Speaker 1: Israel also confirmed Hamas military chief Mohammadif was killed in 30 00:01:45,120 --> 00:01:49,240 Speaker 1: a strike in Gaza last month. The US has recognized 31 00:01:49,320 --> 00:01:54,200 Speaker 1: Venezuelan opposition presidential candidate Edmundo Gonzales in the disputed election. 32 00:01:54,600 --> 00:01:56,480 Speaker 1: Bloomberg's Ed Baxter with the story. 33 00:01:56,840 --> 00:02:00,000 Speaker 3: The statement from US Secretary of State Anthony Blinken says 34 00:02:00,000 --> 00:02:03,000 Speaker 3: it is clear to the United States and most importantly 35 00:02:03,040 --> 00:02:06,440 Speaker 3: to the Venezuelan people, that Gonzalez has won the most 36 00:02:06,520 --> 00:02:09,680 Speaker 3: votes in the July twenty eighth election. Blinken goes on 37 00:02:09,760 --> 00:02:12,840 Speaker 3: to say that the United States, congratulates Gonzalez on a 38 00:02:12,880 --> 00:02:17,480 Speaker 3: successful campaign and hopes that discussions on a respectful, peaceful 39 00:02:17,680 --> 00:02:22,400 Speaker 3: transition will occur. Opposition leader Maria Corina Machado meanwhile, says 40 00:02:22,639 --> 00:02:27,000 Speaker 3: she is in hiding fearing for her life. Ed Baxter, 41 00:02:27,080 --> 00:02:27,960 Speaker 3: Bloomberg Radio. 42 00:02:28,520 --> 00:02:31,799 Speaker 1: Former President Donald Trump has added to his campaign war 43 00:02:31,919 --> 00:02:35,360 Speaker 1: chest Bloomberg Nancy Lyons reports from Washington. 44 00:02:35,480 --> 00:02:38,080 Speaker 4: The Trump campaign says it raised one hundred and thirty 45 00:02:38,120 --> 00:02:41,640 Speaker 4: eight points seven million dollars in July. That's even better 46 00:02:41,680 --> 00:02:44,120 Speaker 4: than the one hundred and twelve million the former president 47 00:02:44,240 --> 00:02:46,960 Speaker 4: raised in June. Trump now has a total of three 48 00:02:47,080 --> 00:02:49,799 Speaker 4: hundred and twenty seven million dollars cash on hand, up 49 00:02:49,840 --> 00:02:53,520 Speaker 4: forty two million from June. Campaign officials did release a 50 00:02:53,600 --> 00:02:57,639 Speaker 4: statement saying the numbers reflect continued momentum with donors at 51 00:02:57,680 --> 00:03:01,919 Speaker 4: every level. Presumptive Democratic NONLGY Vice president Kamala Harris has 52 00:03:01,960 --> 00:03:05,519 Speaker 4: not yet released her fundraising figures for July, but did 53 00:03:05,600 --> 00:03:08,720 Speaker 4: raise two hundred million dollars the week after President Biden 54 00:03:08,840 --> 00:03:12,320 Speaker 4: left the race in Washington. Nancy Lyons Bloomberg Radio. 55 00:03:12,919 --> 00:03:16,280 Speaker 1: Apple returned to revenue growth last quarter, and TOPD analyst 56 00:03:16,440 --> 00:03:20,240 Speaker 1: estimates it's a sign that iPads and strong services helped 57 00:03:20,280 --> 00:03:23,840 Speaker 1: make up for headwinds in China. CEO Tim Cook gave 58 00:03:23,880 --> 00:03:25,359 Speaker 1: a positive outlook on that. 59 00:03:25,240 --> 00:03:28,640 Speaker 5: Market during the quarter. I should say also that iPad 60 00:03:28,720 --> 00:03:31,880 Speaker 5: returned to growth in Greater China as it did around 61 00:03:31,919 --> 00:03:35,520 Speaker 5: the world, and so we continue to be confident in 62 00:03:35,560 --> 00:03:38,680 Speaker 5: the long term opportunity in China. I don't know how 63 00:03:38,720 --> 00:03:42,720 Speaker 5: every chapter of the book reads, but we're very confident 64 00:03:42,720 --> 00:03:43,520 Speaker 5: in the long term. 65 00:03:43,640 --> 00:03:47,480 Speaker 1: Apple CEO Tim Cook. China revenue came in at fourteen 66 00:03:47,520 --> 00:03:50,640 Speaker 1: point seven billion dollars. That was short of the estimate 67 00:03:50,640 --> 00:03:54,760 Speaker 1: of fifteen point three billion. Total sales up five percent 68 00:03:54,840 --> 00:03:57,840 Speaker 1: to eighty five point eight billion in the third quarter. 69 00:03:58,320 --> 00:04:00,840 Speaker 1: Shares of Apple we're up about sixty of a percent 70 00:04:00,960 --> 00:04:05,160 Speaker 1: in late trading. Meantime, Amazon is projecting profit for the 71 00:04:05,240 --> 00:04:09,160 Speaker 1: current quarter below analyst estimates. It's a sign that the 72 00:04:09,200 --> 00:04:12,880 Speaker 1: company is spending more than anticipated in the AI race. 73 00:04:13,480 --> 00:04:17,760 Speaker 1: Reaction from Punam Goyle, senior e commerce analyst at Bloomberg Intelligence. 74 00:04:18,000 --> 00:04:20,760 Speaker 6: We tell margins now are mid single digits. I mean, 75 00:04:20,960 --> 00:04:23,640 Speaker 6: if you asked me five ten years ago, I would 76 00:04:23,680 --> 00:04:27,480 Speaker 6: say not possible. But it's possible thanks to advertising. You 77 00:04:27,560 --> 00:04:30,000 Speaker 6: know that business still grew twenty plus percent in the quarter, 78 00:04:30,279 --> 00:04:32,960 Speaker 6: and we expect those games to continue, so I think 79 00:04:33,040 --> 00:04:35,440 Speaker 6: that is where the profitability is going to come from. 80 00:04:35,560 --> 00:04:38,160 Speaker 6: In addition to the cloud business, which we saw had 81 00:04:38,480 --> 00:04:41,080 Speaker 6: higher margins in the second quarter, and we do see 82 00:04:41,080 --> 00:04:44,120 Speaker 6: that cloud business getting to forty percent operating profit margins 83 00:04:44,120 --> 00:04:44,600 Speaker 6: over time. 84 00:04:44,800 --> 00:04:48,599 Speaker 1: Bloomberg's Punam Goyle shares were down more than seven percent 85 00:04:48,720 --> 00:04:52,839 Speaker 1: in late trading. In other news, in China, former Global 86 00:04:52,880 --> 00:04:56,240 Speaker 1: Times editor Hushi Jin has been banned from posting on 87 00:04:56,279 --> 00:05:00,240 Speaker 1: social media. The news came after he wrote controversial comments. 88 00:05:00,000 --> 00:05:04,200 Speaker 1: It's about China's economy, he wrote after China's third planum wrapped, 89 00:05:05,000 --> 00:05:08,880 Speaker 1: who said the meeting's resolution skipped an important slogan pledging 90 00:05:08,920 --> 00:05:11,919 Speaker 1: to keep public ownership as the mainstay of the economy. 91 00:05:12,360 --> 00:05:15,640 Speaker 1: Who has a huge following of nearly twenty five million 92 00:05:15,720 --> 00:05:20,000 Speaker 1: on Waiba, a Chinese social media website. Sources say his 93 00:05:20,080 --> 00:05:24,320 Speaker 1: account is now suspended. Well. The latest medal count at 94 00:05:24,360 --> 00:05:28,160 Speaker 1: the Paris Games the US leading with thirty seven medals overall, 95 00:05:28,200 --> 00:05:31,760 Speaker 1: followed by France at twenty seven and China at twenty four. 96 00:05:32,279 --> 00:05:35,880 Speaker 1: China has the most gold medals eleven in total, the 97 00:05:35,960 --> 00:05:40,599 Speaker 1: US with nine France, Australia and Japan. Eight. That's news 98 00:05:40,680 --> 00:05:44,040 Speaker 1: when you want it with Bloomberg News Now. I'm Brian Curtis. 99 00:05:44,080 --> 00:05:44,880 Speaker 1: This is Bloomberg