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

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Speaker 1: Prisoner Kilmar Abrego Garcia has been released from an immigration

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Speaker 1: detention center in Pennsylvania. Now, this follows an order from

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Speaker 1: a federal judge who found federal authorities detained Abrego Garcia

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Speaker 1: without lawful authority. Now, the Department of Homeland Security is

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Speaker 1: sharply criticized the judge's decision and vowed to appeal this ruling.

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Speaker 1: We go to Indiana next, where the Republican led States

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Speaker 1: Senate voted against a redrawn congressional map it would have

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Speaker 1: favored the GOP in next year's elections. Now, the map

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Speaker 1: would have effectively erased Indiana's two Democrat held districts by

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Speaker 1: splitting Indianapolis into four districts that extend into rural areas.

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Speaker 1: Here is Lisa Camuso Miller, Senior vice president at Rock Solutions.

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Speaker 2: I think that Washington has lost sight of how much

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Speaker 2: power the states have. When you work in state government,

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Speaker 2: which I did for nearly ten years of my life,

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Speaker 2: there is nothing that's more frustrating than having Washington and

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Speaker 2: tell you how to do your business. And so just

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Speaker 2: this is on first read, right, but to me it

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Speaker 2: feels a little bit like Washington tried to tell Indiana

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Speaker 2: how to do their business. In Indiana said, thanks very much,

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Speaker 2: We're going to do it our way.

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Speaker 1: That is Lisa Camuso Miller from Rock Solutions Now. For months,

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Speaker 1: President Trump has urged GOP led states to gerrymander their

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Speaker 1: US House districts ahead of the midterms as a way

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Speaker 1: of creating more winnable seats for Republicans. President Trump is

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Speaker 1: reportedly expected to push the government to dramatically loosen federal

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Speaker 1: restrictions on marijuana. The Washington Post reports the move would

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Speaker 1: not legalize or decriminalize marijuana, but it would ease barriers

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Speaker 1: to research and boost the bottom lines of legal businesses.

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Speaker 1: The US Enate has rejected a pair of partisan measures

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Speaker 1: to address the impending expiration of subsidies under the Affordable

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Speaker 1: Care Act. Now, insurance premiums for more than twenty million

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Speaker 1: Americans are set to spike as of January.

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Speaker 3: First.

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Speaker 1: Here is New York Democratic Congressman Gregory Meeks.

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Speaker 4: I mean, Democrats have been trying to bring the alarm

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Speaker 4: for a long period of time, and almost in the

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Speaker 4: last fifteen years, the Republicans have said that they had

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Speaker 4: an alternative plan, yet no one has seen them produce anything.

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Speaker 1: That is New York Democratic Congressman Gregory Meeks Now, according

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Speaker 1: to the Congressional Budget Office, nearly four million people are

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Speaker 1: expected to lose insurance over the next decade as the

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Speaker 1: result of the lost subsidies. We go to earnings news

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Speaker 1: next after the bell chip maker Broadcom gave an outlook

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Speaker 1: for AI revenue that failed to meet investors' lofty expectations.

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Speaker 1: More from Bloomberg's Charlie Pellett.

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Speaker 3: On the conference call with analysts, CEO Hawktown said the

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Speaker 3: company has a backlog of seventy three billion in AI

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Speaker 3: product orders that will be shipped over the next six quarters,

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Speaker 3: a number that disappointed some investors. David Traynor is the

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Speaker 3: CEO of New Constructs.

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Speaker 4: Broadcom is a really profitable, great business. It's going to

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Speaker 4: be one of the players for sure, and the market

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Speaker 4: clearly understands that. I mean, the valuition for Broadcom is

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Speaker 4: even more expensive than in Nvidia.

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Speaker 1: That's why we have an unattractive rating. Look, we think

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Speaker 1: all the good news is priced into it.

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Speaker 3: Broadcom shares have swored this year as investors bet that

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Speaker 3: the company will be a key beneficiary of AI spending

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Speaker 3: in New York Charlie Pellet Bloomberg Radio the.

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Speaker 1: White House as President Trump is getting more frustrated with

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Speaker 1: Ukraine and Russia over delays to negotiating a cease fire. Meantime,

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Speaker 1: Ukrainian President Volodimir Zelensky is maintaining his position that Ukraine

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Speaker 1: will not consider surrendering territory to the Kremlin. Here is Trump.

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Speaker 5: I thought that we were very close with Russia to

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Speaker 5: having a deal. I thought we were very close with

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Speaker 5: Ukraine to having a deal. In fact, other than President Zelensky,

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Speaker 5: as people loved the concept of the deal. You know,

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Speaker 5: we threw something out. Well, there's four or five different parts.

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Speaker 5: It's a little bit complicated because you're cutting up land

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Speaker 5: in a certain way. It's not the easiest thing. Is

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Speaker 5: sort of like a complex real estate deal times one thousand, right,

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Speaker 5: and it's a deal that we're to stop the killing

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Speaker 5: of thousands of lives every month.

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Speaker 1: That was President Trump. Walt Disney is making its own

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Speaker 1: AI spending news. The company is investing a billion dollars

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Speaker 1: into Open AI and licensing its iconic Disney characters for

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Speaker 1: users to play with on the Sora video app for

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Speaker 1: a period of three years. Here is open AI CEO

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Speaker 1: Sam Altman speaking to CNBC.

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Speaker 6: People really want to connect with Disney characters and express

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Speaker 6: creativity in new ways, and we are confident from everything

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Speaker 6: we've heard from our users that they're going to respond

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Speaker 6: very well to being able to do this. And I

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Speaker 6: hope that it'll unleash sort of a whole new way

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Speaker 6: that people use this technology and a new model for

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Speaker 6: the companies making the technology and rights holders to sort

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Speaker 6: of responsibly figure out how to get this done together.

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Speaker 1: Open AI CEO Sam Altman, speaking earlier to CNBC. Now,

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Speaker 1: Sora and chat GPT images are expected to begin generating

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Speaker 1: videos with a Disney character sometime in early twenty twenty six.

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Speaker 1: And that is news when you want it with Bloomberg

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Speaker 1: News Now, I'm Doug Chrisner, and this is Bloomberg