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

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Speaker 1: Doug Krisner. President Trump says Venezuela will be turning over

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Speaker 1: between thirty million to fifty million barrels of sanctioned crude

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Speaker 1: oil to the US in a post this evening on

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Speaker 1: Truth Social Trump said the oil will be sold at

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Speaker 1: market prices and controlled by him. Here is Bloomberg, Stephen Stepchinski.

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Speaker 2: Trump just said this, right. Trump just said something. We

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Speaker 2: haven't heard the Venezuela side yet, so it's unclear whether

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Speaker 2: or not this is an exclusive agreement, if this agreement

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Speaker 2: actually exists, or if this is something that the Trump

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Speaker 2: administration wants to happen and they're pushing very hard.

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Speaker 1: That is Bloomberg, Stephen Stepchinsky. Now. This announcement comes as

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Speaker 1: the Trump administration is set to meet with energy executives

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Speaker 1: at the White House to enlist them in rebuilding Venezuela's

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Speaker 1: oil industry. Meantime, President Trump has reportedly told Venezuela's interim

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Speaker 1: leader Delsei Rodriguez to partner exclusively with the US on

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Speaker 1: oil production and favor the US when selling heavy crude oil.

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Speaker 1: ABC News is reporting the US is demanding that Venezuela

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Speaker 1: reduced its relationships with China, Russia, Iran, and Cuba and

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Speaker 1: to sever economic ties with those countries. President Trump will

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Speaker 1: not rule out the use of military force to acquire Greenland,

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Speaker 1: the White House as the President and his team are

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Speaker 1: discussing a range of options to pursue the goal of

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Speaker 1: acquiring the Danish island.

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Speaker 3: Now.

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Speaker 1: European leaders issued a statement today and said Trump needs

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Speaker 1: to respect the territorial integrity of both Greenland and Denmark.

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Speaker 1: They also said that security in the Arctic must be

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Speaker 1: achieved collectively with NATO allies. Here he is South Carolina

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Speaker 1: Republican Senator Lindsay Graham. I'm trying to create a new

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Speaker 1: and better relationship between the United States and Greenland that

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Speaker 1: would be mutually beneficial to the collective defense called NATO.

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Speaker 1: That is South Carolina Senator Lindsay Graham. We go to

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Speaker 1: technology next and in Vidia the country now saying that

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Speaker 1: its revenue for forecast has gotten a bit brighter. That

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Speaker 1: is due to strong demand. Large customer deals are increasing

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Speaker 1: the uptake of new AI models and bringing in more

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Speaker 1: orders for Nvidia than anticipated. The company's highly anticipated Reuben

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Speaker 1: data center processors are also in production and customers will

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Speaker 1: soon be able to try out this technology. Here is

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Speaker 1: Nvidia CEO Jensen Wang.

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Speaker 4: Each one of these vera Rubin GPUs is two hundred

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Speaker 4: and forty thousand wants and it is ten times more

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Speaker 4: energy efficient than a last generation. It is ten times

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Speaker 4: more cost efficient than a last generation. But still the

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Speaker 4: technology is insanely complicated.

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Speaker 1: That is Jensen h Wang, the CEO of Nvidia, speaking

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Speaker 1: to Bloomberg at the ces event in Las Vegas. Also

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Speaker 1: at CEES, Qualcom introduced a full suite of robotics technologies.

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Speaker 1: This includes a processor for autonomous mobile robots and advanced

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Speaker 1: full sized humanoids, and Qualcom CEO Cristiano Ama tells Bloomberg

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Speaker 1: he sees robotics as the next big wave in artificial intelligence.

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Speaker 3: Things that you didn't we possible to do with a robot,

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Speaker 3: you can do it right now use an AI. I

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Speaker 3: think industrial robot is the big, largest opportunity that we

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Speaker 3: see in front of us, and it's probably start in

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Speaker 3: s early s twenty twenty six.

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Speaker 1: Christiano Aman, the CEO of Qualcom, speaking to Bloomberg at

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Speaker 1: the CEES event in Las Vegas. In the stock market today,

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Speaker 1: both the Dow Industrial average and the S and P

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Speaker 1: five hundred closed at Fresh Records. More from Bloomberg's Charlie Pellett.

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Speaker 5: It continues a run driven by investor optimism over artificial

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Speaker 5: intelligence and expectations of easier miletary policy from the Federal Reserve.

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Speaker 5: Julie Beal is portfolio manager at Kane Anderson Rudnick.

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Speaker 6: Most companies feel like demand is stabilizing. They feel like

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Speaker 6: they have more clarity. There's a lot of opportunity for

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Speaker 6: them to do more expensing in terms of their R

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Speaker 6: and D. So there are good things that are baked

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Speaker 6: into this economy that should be supportive.

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Speaker 5: Vesters have largely shrugged off tensions in Venezuela to extend

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Speaker 5: a three year bull run fueled by demand for AI

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Speaker 5: link shares in New York Charlie Bloomberg.

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Speaker 1: Radio President Trump told House Republicans today that they should

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Speaker 1: turn around their political fortunes ahead of November's mid term elections,

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Speaker 1: and the President warned that if Democrats retake control of Congress,

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Speaker 1: he would be impeached for a third time. We got

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Speaker 1: reaction to Trump's comments from Florida Republican Congressman Byron Donalds.

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Speaker 7: Don't think the president was using hyperbole. Listen to democratic leadership.

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Speaker 7: They're talking about impeachments now for what, we have no idea.

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Speaker 7: Donald Trump has been following the law, following the constitution,

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Speaker 7: responsibly executing the powers of the commander in chief under

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Speaker 7: Article two of the Constitution.

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Speaker 1: That is Florida Republican Congressman Byron Donalds. 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 Prisner, and this is Bloomberg