1 00:00:00,960 --> 00:00:03,880 Speaker 1: News when you want it with Bloomberg News Now. I'm 2 00:00:03,880 --> 00:00:07,800 Speaker 1: Brian Curtis in Hong Kong. New polls suggest Vice President 3 00:00:07,880 --> 00:00:12,320 Speaker 1: Kamala Harris has increased her favorability ratings. This follows President 4 00:00:12,400 --> 00:00:17,119 Speaker 1: Biden dropping his reelection campaign. Bloomberg's Dan Schwartzman has. 5 00:00:17,000 --> 00:00:20,400 Speaker 2: More good news for Democrats, as Vice President Kamala Harris's 6 00:00:20,400 --> 00:00:23,640 Speaker 2: favorability rating has risen to forty three percent in the 7 00:00:23,720 --> 00:00:27,400 Speaker 2: latest ABC News IPSIS poll last week, insteaded just thirty 8 00:00:27,400 --> 00:00:30,200 Speaker 2: five percent, according to the survey based on a random 9 00:00:30,280 --> 00:00:33,560 Speaker 2: national sample of twelve hundred adults. ABC News says the 10 00:00:33,640 --> 00:00:36,440 Speaker 2: results have a margin of error of three percentage points. 11 00:00:36,760 --> 00:00:39,440 Speaker 2: The survey found that forty two percent of respondents were 12 00:00:39,479 --> 00:00:40,800 Speaker 2: unfavorable toward Harris. 13 00:00:41,040 --> 00:00:41,840 Speaker 1: That's down from. 14 00:00:41,720 --> 00:00:46,240 Speaker 2: Forty six percent previously. Meanwhile, Republican rival Donald Trump's favorability 15 00:00:46,320 --> 00:00:49,680 Speaker 2: rating fell to thirty six percent from forty percent. I'm 16 00:00:49,760 --> 00:00:51,440 Speaker 2: Dan Schwartzman, Bloomberg Radio. 17 00:00:52,080 --> 00:00:55,040 Speaker 1: Donald Trump is meeting with donors at a bitcoin conference 18 00:00:55,080 --> 00:00:58,720 Speaker 1: this weekend, but the crypto world is already heavily invested 19 00:00:58,760 --> 00:01:01,720 Speaker 1: in the twenty twenty four campaign. As we hear from 20 00:01:01,760 --> 00:01:04,440 Speaker 1: Bloomberg Nathan Hager in Washington. 21 00:01:04,040 --> 00:01:07,319 Speaker 3: Crypto investors have poured more money into this year's races 22 00:01:07,400 --> 00:01:10,800 Speaker 3: than all other election cycles combined. That's according to the 23 00:01:10,920 --> 00:01:14,200 Speaker 3: campaign finance tracker open Secrets, and it doesn't even count 24 00:01:14,240 --> 00:01:18,040 Speaker 3: donations from the second quarter. In the twenty twenty two midterms, 25 00:01:18,040 --> 00:01:21,920 Speaker 3: crypto exchange operators and their venture capital backers donated eighty 26 00:01:21,959 --> 00:01:25,920 Speaker 3: eight million dollars. That includes contributions from FTX and its 27 00:01:25,959 --> 00:01:29,919 Speaker 3: co founder Sam Bankman, freed before his fraud conviction forced 28 00:01:29,920 --> 00:01:33,880 Speaker 3: those donations to be rescinded. In Washington, I'm Nathan Hager 29 00:01:33,959 --> 00:01:35,240 Speaker 3: Bloomberg Radio. 30 00:01:35,400 --> 00:01:37,880 Speaker 1: The US has pledged to bring the full force of 31 00:01:37,920 --> 00:01:41,880 Speaker 1: its military to defend allies Japan and South Korea. It 32 00:01:42,000 --> 00:01:44,240 Speaker 1: signed a deal with the two to cement gains on 33 00:01:44,360 --> 00:01:48,920 Speaker 1: security cooperation before America elects its next president in November. 34 00:01:49,280 --> 00:01:53,160 Speaker 1: It formalized plans for regular military training. The three nations 35 00:01:53,200 --> 00:01:56,600 Speaker 1: are also looking to enhance senior level security talks and 36 00:01:56,680 --> 00:01:59,240 Speaker 1: to build on a deal to share real time data 37 00:01:59,280 --> 00:02:02,920 Speaker 1: on North Korea missile launches. In the meantime, South Korea 38 00:02:03,000 --> 00:02:06,200 Speaker 1: warned that North Korea might be considering a nuclear test 39 00:02:06,440 --> 00:02:09,840 Speaker 1: near the time the US presidential election is held, and 40 00:02:09,880 --> 00:02:13,600 Speaker 1: that would be to raise its profile. Apple's upcoming AI 41 00:02:13,760 --> 00:02:16,640 Speaker 1: features will be delayed by a month, where told the 42 00:02:16,639 --> 00:02:19,760 Speaker 1: company needs more time to fix bugs. The launch will 43 00:02:19,800 --> 00:02:24,080 Speaker 1: miss the upcoming iPhone and iPads software overhauls. Now the 44 00:02:24,120 --> 00:02:27,519 Speaker 1: plan is to begin rolling out Apple Intelligence by October. 45 00:02:28,160 --> 00:02:31,800 Speaker 1: In the meantime, Apple is getting behind voluntary government safeguards 46 00:02:31,840 --> 00:02:34,480 Speaker 1: on AI. Bloomberg's Nathan Hager has more. 47 00:02:34,800 --> 00:02:37,359 Speaker 3: Apple is the latest company to agree to the Biden 48 00:02:37,400 --> 00:02:40,760 Speaker 3: Administration's blueprint. It calls on tech firms to test their 49 00:02:40,800 --> 00:02:45,120 Speaker 3: AI systems for any biases, security flaws, or national security risks, 50 00:02:45,240 --> 00:02:48,640 Speaker 3: and share the results with governments, civil groups, and academia. 51 00:02:48,680 --> 00:02:53,160 Speaker 3: Apple joins Amazon, Alphabet, Meta Platforms, Microsoft, and open Ai 52 00:02:53,400 --> 00:02:56,080 Speaker 3: in committing to the safeguards. The iPhone maker plans to 53 00:02:56,120 --> 00:03:01,679 Speaker 3: incorporate OpenAI's Chat GPT into its Serie Voice assistant. In Washington, 54 00:03:01,760 --> 00:03:03,600 Speaker 3: I'm Nathan Hager Bloomberg Radio. 55 00:03:03,720 --> 00:03:06,600 Speaker 1: A busy week ahead for earnings, with several of tech's 56 00:03:06,600 --> 00:03:10,880 Speaker 1: biggest names slated to report the story. From Bloomberg's Charlie Pellett, 57 00:03:10,919 --> 00:03:11,480 Speaker 1: four of the. 58 00:03:11,520 --> 00:03:17,720 Speaker 4: So called Magnificent seven will report this week, specifically Microsoft, Amazon, Meta, 59 00:03:17,760 --> 00:03:22,119 Speaker 4: and Apple. Sam Stovall is chief investment satategist at CFRA. 60 00:03:22,440 --> 00:03:25,560 Speaker 5: Our feeling is that while there could be some stumbling, 61 00:03:26,120 --> 00:03:29,760 Speaker 5: we are maintaining our overweight recommendation on tech, mainly because 62 00:03:29,760 --> 00:03:33,280 Speaker 5: companies will soon be looking at twenty twenty six estimates 63 00:03:33,840 --> 00:03:36,480 Speaker 5: and pretty much ignoring what they're hearing right now in 64 00:03:36,520 --> 00:03:37,400 Speaker 5: twenty twenty four. 65 00:03:37,520 --> 00:03:41,440 Speaker 4: Other high profile tech names this week include Intel, Qualcom, 66 00:03:41,480 --> 00:03:45,640 Speaker 4: and Armholdings. Among consumer names, we hear from McDonald's, Wendy's, 67 00:03:45,680 --> 00:03:49,600 Speaker 4: and Starbucks in New York Charlie Pellett Bloomberg Radio. 68 00:03:49,840 --> 00:03:52,320 Speaker 1: Meantime, a Hong Kong court says the winding up hearing 69 00:03:52,360 --> 00:03:56,240 Speaker 1: of Chinese developer Country Garden has been adjourned until January 70 00:03:56,240 --> 00:03:59,480 Speaker 1: of next year. Country Garden says key creditor groups will 71 00:03:59,480 --> 00:04:03,400 Speaker 1: agree on terms by September and documents will follow early 72 00:04:03,480 --> 00:04:08,240 Speaker 1: next year. Canadian women's soccer coach Beverly Priestman has apologized 73 00:04:08,240 --> 00:04:12,320 Speaker 1: for the Olympic drone scandal. Two Canadian team staffers were 74 00:04:12,360 --> 00:04:17,320 Speaker 1: caught using drones to monitor New Zealand's practice. FIFA Soccer's 75 00:04:17,360 --> 00:04:21,719 Speaker 1: governing body deducted six points from Canada's women's team after 76 00:04:21,720 --> 00:04:27,080 Speaker 1: the allegation surfaced FIFA also barred three staff members, including priestmen. 77 00:04:27,760 --> 00:04:30,680 Speaker 1: That's news when you want it. With Bloomberg News Now, 78 00:04:30,960 --> 00:04:32,760 Speaker 1: I'm Brian Curtis. This is Bloomberg's