1 00:00:00,320 --> 00:00:03,040 Speaker 1: Views when you want it with Bloomberg News Now, I'm 2 00:00:03,120 --> 00:00:07,960 Speaker 1: Charlie Pellett. President Trump is raising potential anti trust concerns 3 00:00:08,000 --> 00:00:12,879 Speaker 1: for Netflix's planned acquisition of Warner Brothers Discovery, noting that 4 00:00:12,960 --> 00:00:16,599 Speaker 1: the market share of the combined entity may pose problems. 5 00:00:16,600 --> 00:00:20,119 Speaker 1: The presidents saying at the Kennedy Center, Netflix has a 6 00:00:20,320 --> 00:00:23,400 Speaker 1: very big market share, and when they have Warner Brothers, 7 00:00:23,520 --> 00:00:27,040 Speaker 1: that share goes up a lot. The President also voiced 8 00:00:27,040 --> 00:00:31,480 Speaker 1: disappointment in Ukrainian President Vladimir Zelensky's handling of a US 9 00:00:31,520 --> 00:00:33,640 Speaker 1: proposal to end the war with Russia. 10 00:00:33,880 --> 00:00:39,520 Speaker 2: We've been speaking to Ukrainian leaders, including Zelensky, President Zelenski, 11 00:00:40,760 --> 00:00:42,680 Speaker 2: and I have to say that I'm a little bit 12 00:00:42,680 --> 00:00:46,519 Speaker 2: disappointed that President Zelensky hasn't yet read the proposal that 13 00:00:46,680 --> 00:00:49,519 Speaker 2: was as of a few hours ago. His people love it, 14 00:00:50,440 --> 00:00:52,640 Speaker 2: but he has it. Russia's fine with it. 15 00:00:52,720 --> 00:00:55,680 Speaker 1: President Trump spoke as he arrived at the Kennedy Center 16 00:00:55,800 --> 00:00:59,720 Speaker 1: for an event. Chinese and Japanese ties are coming under 17 00:00:59,760 --> 00:01:04,720 Speaker 1: further strain after a Chinese fighter aircraft trained fire control 18 00:01:04,880 --> 00:01:08,679 Speaker 1: radar on Japanese military jets for the first time. The 19 00:01:08,720 --> 00:01:12,560 Speaker 1: two countries are giving conflicting accounts of events, with Tokyo 20 00:01:12,640 --> 00:01:15,880 Speaker 1: claiming a Chinese fighter jet locked radar on its planes 21 00:01:15,920 --> 00:01:21,000 Speaker 1: over international waters and Beijing accusing Japanese jets of disrupting 22 00:01:21,040 --> 00:01:24,600 Speaker 1: its air training. Here's more from Bloomberg Steven Engel. 23 00:01:24,880 --> 00:01:28,399 Speaker 3: Takeiichi San, the Japanese Prime Minister, said, this is an 24 00:01:28,480 --> 00:01:34,200 Speaker 3: extremely unfortunate situation. We strongly protested to China and demanded 25 00:01:34,240 --> 00:01:40,399 Speaker 3: measures to prevent any reoccurrence. We will respond calmly and firmly. 26 00:01:40,840 --> 00:01:43,959 Speaker 3: But again the Chinese have a different account of that, 27 00:01:44,040 --> 00:01:48,400 Speaker 3: and they still are demanding an apology from Takichi San 28 00:01:48,960 --> 00:01:53,200 Speaker 3: regarding her comments last month regarding Taiwan, and also a 29 00:01:53,240 --> 00:01:56,240 Speaker 3: retraction of those comments. So far, Tokyo has. 30 00:01:56,160 --> 00:02:00,680 Speaker 1: Stood for Bloomberg Steven Engel. Today marks eighty four years 31 00:02:00,720 --> 00:02:04,640 Speaker 1: since Japan launched a surprise attack on the US Navy 32 00:02:04,680 --> 00:02:08,200 Speaker 1: base at Pearl Harbor in Hawaii. More than twenty three 33 00:02:08,280 --> 00:02:11,720 Speaker 1: hundred Americans died in that attack, and it catapulted the 34 00:02:11,840 --> 00:02:15,960 Speaker 1: US into World War II. Today, a remembrance ceremony was 35 00:02:16,000 --> 00:02:18,840 Speaker 1: held at the Intrepid Museum in New York honoring the 36 00:02:18,919 --> 00:02:22,919 Speaker 1: lives lost. Here's Intrepid Museum co chair Ken. 37 00:02:22,720 --> 00:02:26,200 Speaker 4: Fisher, remembering those lost on this date in nineteen forty 38 00:02:26,240 --> 00:02:29,520 Speaker 4: one and the four years a brutal flaw of fighting 39 00:02:29,560 --> 00:02:36,040 Speaker 4: that followed is our responsibility as Americans, truly a national duty. 40 00:02:36,200 --> 00:02:41,000 Speaker 1: Intrepid Museum co chair Ken Fisher. IBM is said to 41 00:02:41,040 --> 00:02:46,160 Speaker 1: be in advanced negotiations to acquire data infrastructure firm Confluent 42 00:02:46,240 --> 00:02:49,720 Speaker 1: for about eleven billion dollars. This according to The Wall 43 00:02:49,760 --> 00:02:53,600 Speaker 1: Street Journal sighting sources. The journal says this deal could 44 00:02:53,600 --> 00:02:56,800 Speaker 1: happen as early as Monday. If IBM does go ahead, 45 00:02:56,960 --> 00:03:00,200 Speaker 1: it could mark one of the firm's biggest acquisitions in 46 00:03:00,240 --> 00:03:04,519 Speaker 1: recent years. Stocks will begin the week close to records 47 00:03:04,560 --> 00:03:07,360 Speaker 1: with a light week ahead for earnings. Equities have been 48 00:03:07,400 --> 00:03:10,400 Speaker 1: getting a lift from rate cut bets and improving sentiment, 49 00:03:10,720 --> 00:03:15,680 Speaker 1: and Bloomberg Intelligence says the backdrop for stocks remains generally supportive. 50 00:03:16,120 --> 00:03:20,799 Speaker 1: Brett Ewing is chief market staategist at First Franklin Financial Services. 51 00:03:21,000 --> 00:03:23,359 Speaker 5: Look, we just went through earning season. It was probably 52 00:03:23,440 --> 00:03:26,600 Speaker 5: one of the greatest third quarter earning seasons of thirteen 53 00:03:26,639 --> 00:03:29,919 Speaker 5: percent year over year, eighty three percent of companies beat 54 00:03:30,520 --> 00:03:33,560 Speaker 5: on their earnings, seventy seven percent of the company's beat 55 00:03:33,639 --> 00:03:38,520 Speaker 5: on their top line and net profit margins are been 56 00:03:38,560 --> 00:03:42,160 Speaker 5: the highest they've been in over fifteen years, and I 57 00:03:42,200 --> 00:03:46,720 Speaker 5: think the acceleration actually continues, but the difference between this 58 00:03:46,880 --> 00:03:49,680 Speaker 5: year and twenty twenty six will be I think the 59 00:03:50,480 --> 00:03:53,200 Speaker 5: rally will the breadth of the market is going to 60 00:03:53,280 --> 00:03:54,880 Speaker 5: expand into other areas. 61 00:03:55,000 --> 00:03:59,720 Speaker 1: Brett Ewing of First Franklin Financial. Among the names reporting 62 00:03:59,720 --> 00:04:05,680 Speaker 1: this week retailers AutoZone and Costco, along with tech names Adobe, Broadcom, 63 00:04:05,800 --> 00:04:11,240 Speaker 1: CNA and Synopsis. Australia's Central Bank is poised to keep 64 00:04:11,280 --> 00:04:15,200 Speaker 1: interest rates unchanged for a Third Street meeting, with economists 65 00:04:15,240 --> 00:04:18,760 Speaker 1: anticipating the Reserve Bank will keep the cash rate at 66 00:04:18,839 --> 00:04:23,039 Speaker 1: three point six percent at its December eighth December ninth meeting. 67 00:04:23,400 --> 00:04:26,880 Speaker 1: Dianamosina is Deputy Chief Economist at AMP. 68 00:04:27,320 --> 00:04:29,359 Speaker 6: The reason that there's all they talk about rate hikes 69 00:04:29,400 --> 00:04:32,000 Speaker 6: recently is because some of the data has been a 70 00:04:32,000 --> 00:04:34,760 Speaker 6: little bit stronger than we've been expecting. So we've of 71 00:04:34,760 --> 00:04:37,880 Speaker 6: course had the uptrend in monthly inflation data now for 72 00:04:37,880 --> 00:04:40,280 Speaker 6: a number of months, the GDP figures have been a 73 00:04:40,320 --> 00:04:44,000 Speaker 6: little bit stronger the consumer, I suppose, as seeing this 74 00:04:44,240 --> 00:04:48,160 Speaker 6: slow turnaround, the labor market hasn't deteriorated as fast as 75 00:04:48,200 --> 00:04:51,520 Speaker 6: expected either. So from a policy point of view, I 76 00:04:51,520 --> 00:04:54,240 Speaker 6: think it does make sense that the RBA is on hold. 77 00:04:54,560 --> 00:04:58,880 Speaker 1: From here, Dianamos snap at amp and that's news when 78 00:04:58,960 --> 00:05:02,160 Speaker 1: you want it. With bloom News now, I'm Charlie Palett, 79 00:05:02,200 --> 00:05:03,680 Speaker 1: and this is Bloomberg