1 00:00:02,240 --> 00:00:04,720 Speaker 1: News when you want it. With Bloomberg News Now, I'm 2 00:00:04,720 --> 00:00:07,240 Speaker 1: Doug Prisner. We begin with the latest on the fatal 3 00:00:07,240 --> 00:00:11,280 Speaker 1: shooting of United Health Group executive Brian Thompson. A twenty 4 00:00:11,320 --> 00:00:13,920 Speaker 1: six year old man is in custody as a person 5 00:00:14,000 --> 00:00:18,159 Speaker 1: of interest after being arrested in Altoona, Pennsylvania, following a 6 00:00:18,200 --> 00:00:21,960 Speaker 1: five day man hunt. He is Luigi Mangione, and he 7 00:00:22,000 --> 00:00:25,480 Speaker 1: has been charged with five counts, including possessing an illegal 8 00:00:25,560 --> 00:00:30,400 Speaker 1: gun and using fake ID. Then late Monday, prosecutors in 9 00:00:30,440 --> 00:00:34,880 Speaker 1: Manhattan filed murder and other charges against Mangoni. He remains 10 00:00:34,960 --> 00:00:37,680 Speaker 1: jailed in Pennsylvania and will at some point need to 11 00:00:37,680 --> 00:00:41,760 Speaker 1: be extradited to New York. Here is Pennsylvania Governor Josh Shapiro. 12 00:00:42,040 --> 00:00:48,159 Speaker 2: I have no talance, nor should anyone, for one man 13 00:00:48,920 --> 00:00:54,160 Speaker 2: using an illegal ghost gun to murder someone because he 14 00:00:54,320 --> 00:00:58,280 Speaker 2: thinks his opinion matters most. 15 00:00:58,640 --> 00:01:02,880 Speaker 1: That is Pennsylvania Governor Josh Shapiro. Meantime, in New York City, 16 00:01:03,280 --> 00:01:06,200 Speaker 1: marine veteran Daniel Penny was acquitted in the death of 17 00:01:06,319 --> 00:01:09,440 Speaker 1: Jordan Neely last year. Penny placed Neely in a choke 18 00:01:09,480 --> 00:01:12,160 Speaker 1: hold on a subway train. Today, he was found not 19 00:01:12,319 --> 00:01:16,920 Speaker 1: guilty of criminally negligent homicide. This verdict came after the 20 00:01:17,040 --> 00:01:20,960 Speaker 1: judge dismissed a manslaughter charge against Penny last week when 21 00:01:21,040 --> 00:01:24,160 Speaker 1: Juras said they could not reach a verdict. Penny's defense 22 00:01:24,280 --> 00:01:27,759 Speaker 1: argued Neely was threatening to hurt people, but prosecutors say 23 00:01:27,800 --> 00:01:30,679 Speaker 1: Penny went too far in using that choke called grip. 24 00:01:31,080 --> 00:01:35,640 Speaker 1: Jordan Neely's father, Andrea Zachary says, the justice system is rigged. Really, 25 00:01:35,680 --> 00:01:37,839 Speaker 1: Billy hurts, what are we going to do people? 26 00:01:39,520 --> 00:01:40,600 Speaker 3: What's going to happen to us? 27 00:01:40,600 --> 00:01:40,839 Speaker 4: Now? 28 00:01:40,959 --> 00:01:44,880 Speaker 1: That is Andre Zachary, the father of Jordan Neely. President 29 00:01:44,920 --> 00:01:48,040 Speaker 1: elect Trump is reported to have recently spoken with Governor 30 00:01:48,120 --> 00:01:52,200 Speaker 1: Ron DeSantis about selecting Lara Trump to the Florida Senate 31 00:01:52,240 --> 00:01:55,639 Speaker 1: seat being vacated by Marco Rubio. The Wall Street Journal 32 00:01:55,720 --> 00:01:59,360 Speaker 1: is reporting on this conversation. Trump has selected Rubio as 33 00:01:59,360 --> 00:02:02,560 Speaker 1: his Secretary Area of State now. Rubio is expected to 34 00:02:02,600 --> 00:02:06,040 Speaker 1: be confirmed next year in the Republican controlled Senate. For 35 00:02:06,160 --> 00:02:09,000 Speaker 1: her part, Laura Trump announced she was stepping down as 36 00:02:09,080 --> 00:02:12,760 Speaker 1: co chair of the Republican National Committee. We go next 37 00:02:12,760 --> 00:02:15,640 Speaker 1: to Syria, where the head of the Islamist rebel group 38 00:02:15,680 --> 00:02:19,160 Speaker 1: that toppled President Basher al Assad has been tasked with 39 00:02:19,280 --> 00:02:23,160 Speaker 1: forming a transitional government. He is Mohammad al Bashir, the 40 00:02:23,240 --> 00:02:28,600 Speaker 1: leader of Hayatirir al Sham or HTS. Bloomberg's Rosalind Mathieson says, 41 00:02:28,639 --> 00:02:31,079 Speaker 1: there are still a lot of questions about what the 42 00:02:31,400 --> 00:02:33,240 Speaker 1: post assad Syria will look like. 43 00:02:33,560 --> 00:02:36,000 Speaker 3: You've got the main rebel group obviously that swept into 44 00:02:36,080 --> 00:02:38,560 Speaker 3: Damascus on the weekend, but there are a lot of 45 00:02:38,560 --> 00:02:41,720 Speaker 3: groups operating in Syria at the moment. It's unclear when 46 00:02:41,800 --> 00:02:44,800 Speaker 3: or how any of those will wit together to potentially 47 00:02:44,880 --> 00:02:47,520 Speaker 3: form a new administration. Then what does that look like 48 00:02:47,600 --> 00:02:49,720 Speaker 3: when you move from being sort of militant group to 49 00:02:49,720 --> 00:02:52,200 Speaker 3: being a political operator in Syria? 50 00:02:52,360 --> 00:02:55,800 Speaker 1: That is Bloomberg's Raz Mathieson. We go to China next, 51 00:02:55,840 --> 00:02:59,320 Speaker 1: where top leaders have signaled forceful economic support next year, 52 00:02:59,800 --> 00:03:03,000 Speaker 1: use using the most direct language on stimulus in years. 53 00:03:03,360 --> 00:03:07,280 Speaker 1: The official Shinwan News agency says the Politbureau has vowed 54 00:03:07,280 --> 00:03:11,520 Speaker 1: to embrace a moderately loose monetary policy in twenty twenty five. 55 00:03:11,919 --> 00:03:13,359 Speaker 1: Here is Bloomberg's end decurrent. 56 00:03:13,680 --> 00:03:17,320 Speaker 5: There's a promise of what they call extraordinary countercycular measures, 57 00:03:17,360 --> 00:03:20,839 Speaker 5: which basically means pulling whatever levers they can to get 58 00:03:21,120 --> 00:03:24,200 Speaker 5: activity up and running. And there's also promises there for 59 00:03:24,320 --> 00:03:29,640 Speaker 5: broader economic reforms that would spur domestic spending, domestic consumption 60 00:03:29,680 --> 00:03:32,480 Speaker 5: that would be music through the US Treasury's ears for example. 61 00:03:32,560 --> 00:03:35,960 Speaker 5: So at face value, on a headline basis, it's a 62 00:03:36,000 --> 00:03:38,840 Speaker 5: material statement from the Chinese authorities and it certainly signals 63 00:03:38,840 --> 00:03:41,080 Speaker 5: intent when it comes to where they want the economy 64 00:03:41,200 --> 00:03:41,720 Speaker 5: next year. 65 00:03:41,800 --> 00:03:45,160 Speaker 1: That is Bloomberg's and decurrent meantime, China has opened an 66 00:03:45,160 --> 00:03:50,480 Speaker 1: investigation into Nvidia over suspected anti monopoly law violations related 67 00:03:50,520 --> 00:03:54,320 Speaker 1: to the company's twenty twenty acquisition of Melanox Technology. The 68 00:03:54,400 --> 00:03:58,680 Speaker 1: probe is seen as a response to escalating US technology curbs. 69 00:03:59,080 --> 00:04:00,920 Speaker 1: Here is bloom It's Mike Shepherd. 70 00:04:01,120 --> 00:04:03,360 Speaker 4: When you think about what China is trying to do 71 00:04:03,600 --> 00:04:07,640 Speaker 4: in terms of this brushback pitch against Nvidia, China doesn't 72 00:04:07,640 --> 00:04:11,080 Speaker 4: want to let go of access to Nvidia's technology completely 73 00:04:11,120 --> 00:04:13,160 Speaker 4: if it were to borrow it from the market or 74 00:04:13,200 --> 00:04:16,960 Speaker 4: impose heavy penalties. For in Nvidia, it's about fifteen percent 75 00:04:16,960 --> 00:04:19,760 Speaker 4: of its sales, but for China there is the importance 76 00:04:19,800 --> 00:04:26,000 Speaker 4: of having access to Nvidia's latest and most groundbreaking chips. 77 00:04:26,040 --> 00:04:28,920 Speaker 1: That is Bloomberg's Mike Shepherd. After the bell, we heard 78 00:04:28,920 --> 00:04:32,400 Speaker 1: from Oracle. The company reported quarterly revenue merely in line 79 00:04:32,440 --> 00:04:35,599 Speaker 1: with estimates, and that was a disappointment to investors who 80 00:04:35,600 --> 00:04:38,719 Speaker 1: have boosted this stock by eighty one percent since the 81 00:04:38,760 --> 00:04:43,440 Speaker 1: beginning of the year on enthusiasm for Oracle's ascendant cloud business. 82 00:04:43,760 --> 00:04:47,520 Speaker 1: We got reaction from anarag Rana, senior tech analyst at 83 00:04:47,520 --> 00:04:48,640 Speaker 1: Bloomberg Intelligence. 84 00:04:48,839 --> 00:04:51,160 Speaker 6: The growth that I'm talking about right now nine percent, 85 00:04:51,360 --> 00:04:53,440 Speaker 6: I mean almost all of it is organic in nature, 86 00:04:53,480 --> 00:04:55,800 Speaker 6: which is pretty good for a company this size, that's 87 00:04:55,800 --> 00:04:59,320 Speaker 6: pretty old in nature as well with their old database products, 88 00:04:59,400 --> 00:05:02,320 Speaker 6: old application. But if you look at it clouded for 89 00:05:02,360 --> 00:05:04,760 Speaker 6: struct a business group fifty two percent, I mean, that's 90 00:05:04,839 --> 00:05:07,000 Speaker 6: like any of the startup would be very proud of 91 00:05:07,240 --> 00:05:07,760 Speaker 6: those numbers. 92 00:05:07,800 --> 00:05:11,200 Speaker 1: Frankly, that is Bloomberg's honorag Rana shares an Oracle. We're 93 00:05:11,279 --> 00:05:14,000 Speaker 1: down as much as five percent in late US trading, 94 00:05:14,440 --> 00:05:18,240 Speaker 1: and Eli Lilly has approved a fifteen billion dollar stock buyback. 95 00:05:18,480 --> 00:05:21,400 Speaker 1: The company has also declared a fifteen percent increase in 96 00:05:21,440 --> 00:05:24,080 Speaker 1: its quarterly dividend, and that is news when you want 97 00:05:24,080 --> 00:05:27,000 Speaker 1: it with Bloomberg News. Now, I'm Doug Prisoner, and this 98 00:05:27,120 --> 00:05:27,560 Speaker 1: is wonder,