1 00:00:01,280 --> 00:00:03,720 Speaker 1: News when you want it with Bloomberg News Now, I'm 2 00:00:03,760 --> 00:00:07,840 Speaker 1: Doug Krisner. Earlier today in Tel Aviv, President Biden reaffirmed 3 00:00:07,960 --> 00:00:11,080 Speaker 1: US support for Israel in its war with Hamas, and 4 00:00:11,119 --> 00:00:14,480 Speaker 1: speaking to reporters aboard his return flight, Biden said his 5 00:00:14,560 --> 00:00:17,280 Speaker 1: top priority is the return of American hostages. 6 00:00:17,520 --> 00:00:21,040 Speaker 2: We're working with partners throughout the region, pursuing every avenue 7 00:00:21,079 --> 00:00:24,599 Speaker 2: to bring home those who are being helped captive by Hamas. 8 00:00:25,079 --> 00:00:27,440 Speaker 2: I can't speak public about all the details. Well, let 9 00:00:27,520 --> 00:00:31,120 Speaker 2: me assure you for me, as the American President, there's 10 00:00:31,160 --> 00:00:34,159 Speaker 2: no higher priority in the release and safe return of 11 00:00:34,200 --> 00:00:35,200 Speaker 2: all these hostages. 12 00:00:35,280 --> 00:00:37,640 Speaker 1: President Biden went on to say that Israel was not 13 00:00:37,760 --> 00:00:42,120 Speaker 1: responsible for the deadly blast at a hospital compound in Gazen. Now, 14 00:00:42,159 --> 00:00:45,000 Speaker 1: on Thursday evening in the US, the President will deliver 15 00:00:45,120 --> 00:00:49,880 Speaker 1: remarks regarding both Israel and Ukraine at eight pm Wall 16 00:00:49,880 --> 00:00:52,280 Speaker 1: Street time. Well, the US is taking aim at the 17 00:00:52,280 --> 00:00:56,040 Speaker 1: financial network and key members of Hamas with sanctions that 18 00:00:56,120 --> 00:00:57,680 Speaker 1: story from Bloomberg Zan Kates. 19 00:00:58,120 --> 00:01:01,360 Speaker 3: The Treasury Department is targeting six individuals accused of running 20 00:01:01,360 --> 00:01:04,880 Speaker 3: an investment portfolio worth hundreds of millions of dollars using 21 00:01:04,920 --> 00:01:08,160 Speaker 3: front companies to disguise its activities and generate revenue to 22 00:01:08,160 --> 00:01:11,680 Speaker 3: support senior Hamas officials. The US also sanctioned two top 23 00:01:11,680 --> 00:01:14,880 Speaker 3: members of Hama's leadership and a virtual currency exchange based 24 00:01:14,880 --> 00:01:17,960 Speaker 3: in Gaza, which allows a terrorist organization to raise money 25 00:01:18,000 --> 00:01:20,880 Speaker 3: independently of the support it gets from Iran. The US 26 00:01:20,920 --> 00:01:23,360 Speaker 3: has also been urging all countries involved in the financial 27 00:01:23,360 --> 00:01:26,160 Speaker 3: network to go after people promoting terrorism in the region. 28 00:01:26,240 --> 00:01:29,480 Speaker 1: That is Bloombergs and Kates. The US House of Representatives 29 00:01:29,600 --> 00:01:32,399 Speaker 1: is scheduled to vote tomorrow on a new speaker, and 30 00:01:32,480 --> 00:01:35,320 Speaker 1: GOP members will be trying for a third time to 31 00:01:35,360 --> 00:01:38,720 Speaker 1: elect Jim Jordan to the role. More from Bloomberg's Ed Baxter. 32 00:01:39,160 --> 00:01:41,839 Speaker 4: Jordan actually lost ground in the second round of voting, 33 00:01:41,880 --> 00:01:45,039 Speaker 4: and reports are he's been campaigning NonStop now but didn't 34 00:01:45,080 --> 00:01:48,360 Speaker 4: want another round yesterday. And the frustration is mounting even 35 00:01:48,360 --> 00:01:52,400 Speaker 4: among his own caucus, with Congressman like Tim Burchett saying, 36 00:01:52,760 --> 00:01:55,160 Speaker 4: just get on with whatever is going to happen. 37 00:01:55,200 --> 00:01:56,720 Speaker 2: I think we ought to stay here and just keep 38 00:01:56,840 --> 00:01:59,640 Speaker 2: voting and just keep working on the problem and quit 39 00:01:59,720 --> 00:02:02,120 Speaker 2: going home and doing these two hour days. It's kind 40 00:02:02,120 --> 00:02:02,880 Speaker 2: of ridiculous. 41 00:02:03,160 --> 00:02:05,560 Speaker 4: The President's addressed tonight will be aimed at the house 42 00:02:05,600 --> 00:02:08,720 Speaker 4: to get going to aid Israel and Ukraine, something it 43 00:02:08,720 --> 00:02:11,760 Speaker 4: hasn't been able to do without a captain or even 44 00:02:11,960 --> 00:02:14,519 Speaker 4: a rudder at Baxter Bloomberg Radio. 45 00:02:14,639 --> 00:02:16,960 Speaker 1: We go to China next, where the government said that 46 00:02:17,160 --> 00:02:21,000 Speaker 1: home prices fell more steeply in September. New home prices 47 00:02:21,040 --> 00:02:25,600 Speaker 1: in seventy cities excluding state subsidized housing fell three tens 48 00:02:25,639 --> 00:02:29,079 Speaker 1: to one percent compared to August. This adds doubt over 49 00:02:29,120 --> 00:02:33,400 Speaker 1: whether beijing steps to prop up the property market are sufficient. 50 00:02:33,840 --> 00:02:36,600 Speaker 1: After the bell in the US, Netflix said it's raising 51 00:02:36,680 --> 00:02:40,119 Speaker 1: prices for some customers in the US, the UK, and France. Now. 52 00:02:40,120 --> 00:02:43,680 Speaker 1: This news came as the company reported its best quarter 53 00:02:43,800 --> 00:02:47,640 Speaker 1: for subscriber growth in years, the addition of eight point 54 00:02:47,680 --> 00:02:52,000 Speaker 1: seven six million customers in Q three, far above forecast. 55 00:02:52,440 --> 00:02:55,800 Speaker 1: Ross Bennis is a senior analyst at Insider Intelligence, and 56 00:02:55,800 --> 00:02:57,040 Speaker 1: he explains why. 57 00:02:57,080 --> 00:02:59,200 Speaker 5: They've been tapped out in the US market and in 58 00:02:59,240 --> 00:03:02,160 Speaker 5: several other markets. It's like Western Europe in driving new 59 00:03:02,200 --> 00:03:05,000 Speaker 5: subscribers because they already have such a large user base, 60 00:03:05,440 --> 00:03:07,799 Speaker 5: but now that they're kicking freeloaders off and making them 61 00:03:07,800 --> 00:03:10,600 Speaker 5: pay for their own plans, they're getting these bumps each 62 00:03:10,680 --> 00:03:12,960 Speaker 5: quarter where they're getting the people who used to use 63 00:03:13,000 --> 00:03:15,200 Speaker 5: their parents or friends plans to pay for their own. 64 00:03:15,360 --> 00:03:18,639 Speaker 1: That is Ross Bennis from Insider Intelligence. By the way, 65 00:03:18,720 --> 00:03:23,280 Speaker 1: Netflix also credited subscriber growth to its strong slate of 66 00:03:23,600 --> 00:03:26,960 Speaker 1: program Shares in Netflix were up as much as twelve 67 00:03:27,000 --> 00:03:30,200 Speaker 1: percent in late US trading. We also heard from Tesla. 68 00:03:30,240 --> 00:03:33,840 Speaker 1: The company reported third quarter profit and sales below estimates, 69 00:03:34,040 --> 00:03:36,680 Speaker 1: and at the same time, Tesla said it's long awaited 70 00:03:36,760 --> 00:03:40,360 Speaker 1: cyber truck will now hit the market on November thirtieth. However, 71 00:03:40,760 --> 00:03:44,080 Speaker 1: CEO Elon Musk warned it could take at least eighteen 72 00:03:44,160 --> 00:03:46,840 Speaker 1: months before this vehicle becomes profitable. 73 00:03:47,040 --> 00:03:49,200 Speaker 6: I mean we dug our own grave a cyber cybertructs. 74 00:03:49,240 --> 00:03:53,440 Speaker 6: You know, nobody in generally I every brig tigs aert 75 00:03:53,480 --> 00:03:55,680 Speaker 6: gray better than themselves. And special products that come along 76 00:03:55,720 --> 00:03:58,720 Speaker 6: once in a long while just incredibly difficult to bring 77 00:03:58,720 --> 00:04:01,920 Speaker 6: to market, to reach by to be prosperous. 78 00:04:01,480 --> 00:04:04,600 Speaker 1: That is Tesla's CEO Inlon Musk. The company said it 79 00:04:04,720 --> 00:04:07,119 Speaker 1: is experiencing a bit of a slow down, or did 80 00:04:07,160 --> 00:04:11,760 Speaker 1: so in deliveries last quarter after planned factory downtime slowed 81 00:04:11,800 --> 00:04:15,320 Speaker 1: production Shares in Tesla were off more than three percent 82 00:04:15,600 --> 00:04:18,320 Speaker 1: in late US trading. That's news when you want it 83 00:04:18,360 --> 00:04:21,440 Speaker 1: with Bloomberg News. Now, I'm Doug prisoner and this is 84 00:04:21,440 --> 00:04:21,960 Speaker 1: Bloomberg