WEBVTT - US Equities Hit Records; Stock Soars on Moon Landing

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news.

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<v Speaker 2>Good morning, I'm Nathan Hager and I'm Amy Morris. Here

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<v Speaker 2>are the stories we're following today.

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<v Speaker 3>Wall Street's going to close out the trading week following

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<v Speaker 3>a powerful rally that has seen all three major indexes

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<v Speaker 3>in this country close at all time highs. It is

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<v Speaker 3>an artificial intelligence fueled rally, as Chip, Darling and Nvidia

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<v Speaker 3>added two hundred and seventy seven billion dollars to its

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<v Speaker 3>market value on Thursday.

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<v Speaker 4>That is the most in stock market history.

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<v Speaker 3>Cole Smeed, portfolio manager at Smeed Capital Management, warns, though

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<v Speaker 3>this rally may be overdone.

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<v Speaker 4>There's a lot of risk out there.

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<v Speaker 5>If you took the old tech right, you took consumer

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<v Speaker 5>discretion and you pulled out the tech companies there and

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<v Speaker 5>communication service. You pulled out the tech companies and you

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<v Speaker 5>put back the old tech together. This is way worse

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<v Speaker 5>than dot com bubble that was twenty eight percent of

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<v Speaker 5>the S and P. This is forty five.

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<v Speaker 3>Investor Colesmith notes the S and P five hundred registered

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<v Speaker 3>its twelfth record close of the year, putting it up

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<v Speaker 3>nearly twenty four percent since late October.

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<v Speaker 2>The huge rally in Nvidia shares has catapulted chief executive

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<v Speaker 2>officer Jensen Wong to new heights. He is on the

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<v Speaker 2>verge of becoming one of the twenty richest people in

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<v Speaker 2>the world. Huang's wealth jumped nine point six million to

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<v Speaker 2>more than sixty nine billion dollars yesterday. It's again that

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<v Speaker 2>Leip rogged him ahead of Charles Coke to twenty first

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<v Speaker 2>place on the Bloomberg Billionaire's Index.

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<v Speaker 4>Well Amy.

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<v Speaker 3>The rally inequity markets comes despite more FED officials preaching patients.

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<v Speaker 3>When it comes to rate cuts, Philadelphia Fed President Patrick

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<v Speaker 3>Harker says now is not the appropriate time to cut.

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<v Speaker 6>Yes, I do believe that we may be in a

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<v Speaker 6>position to see rates decrease this year, but I would

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<v Speaker 6>caution anyone from looking for it right now and right away.

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<v Speaker 6>We have time to get it right as we must.

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<v Speaker 3>Philadelphia Fed chief Patrick Harker does not vote on monetary

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<v Speaker 3>policy this year, but FED Vice Chair Philip Jefferson and

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<v Speaker 3>Governor Lisa Cook are also saying they want more evidence

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<v Speaker 3>that inflation's headed back to the two percent target before

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<v Speaker 3>lowering borrowing costs.

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<v Speaker 2>Former Treasury Secretary Larry Summers is warning that financial markets

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<v Speaker 2>are underestimating the risks of political and social turmoil around

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<v Speaker 2>the world. He says many aren't taking populist policies, and

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<v Speaker 2>they're downsides seriously.

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<v Speaker 7>Nationalist populist policy, both at home in terms of the

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<v Speaker 7>rule of law, internationally in terms of protectionism and restrictions

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<v Speaker 7>on flows of goods, flows of capital, flows of people.

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<v Speaker 7>But they are very real risks and they seem to

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<v Speaker 7>me to be insufficiently priced.

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<v Speaker 2>In Summer, who is a paid contributor to Bloomberg TV,

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<v Speaker 2>has called becoming us election the most consequential vote since

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<v Speaker 2>World War Two.

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<v Speaker 3>I mean, we're learning more this morning about that widespread

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<v Speaker 3>service outage that affected tens of thousands of AT and

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<v Speaker 3>T customers. The wireless carrier now says it was caused

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<v Speaker 3>by its network improvement efforts.

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<v Speaker 4>We get the details now from Bloomberg's at Baxter.

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<v Speaker 1>AT and T is now saying that the outage was

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<v Speaker 1>caused by work being done to expand the network coverage.

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<v Speaker 1>It says incorrect processes were followed. It says not a

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<v Speaker 1>cyber attack already in process, though investigations by a number

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<v Speaker 1>of federal agencies. Henness spokesman John Kirby.

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<v Speaker 8>DHS and the FBI are looking into this as well,

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<v Speaker 8>working with the tech industry and these network providers.

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<v Speaker 1>Tracking service website down Detector says more than one and

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<v Speaker 1>a half million outage reports were made. ED Baxter Bloomberg Radio.

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<v Speaker 4>All right, thank you, Ed.

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<v Speaker 2>Meanwhile, the private space race has reached a new milestone today.

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<v Speaker 9>For the first time in more than a half century,

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<v Speaker 9>the US has returned to the Moon today for the

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<v Speaker 9>first time in the history of humanity. A commercial company,

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<v Speaker 9>an American company, launched and led the voyage up there.

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<v Speaker 2>That was NASA administrator Bill Nelson. After the lunar lander

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<v Speaker 2>owned by Intuitive Machines touched down on the lunar's surface,

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<v Speaker 2>former NASA astrobiologist Keith Cohing says the lander, nicknamed Odysseus,

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<v Speaker 2>still has a lot to tell us.

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<v Speaker 8>The most exciting thing will be the images of either

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<v Speaker 8>the landing or from the lander. That's always the eye candy.

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<v Speaker 8>That's because it's like universal, people say, yeah, oh, look

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<v Speaker 8>at that.

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<v Speaker 10>Yeah.

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<v Speaker 8>Second of all, the importance of it will be the

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<v Speaker 8>ability of it to survey the area around it and understand,

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<v Speaker 8>you know again, waters, the regular other things like that.

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<v Speaker 2>Former NASA employee Keith Cohing says Odysseus will need to

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<v Speaker 2>tick off all the boxes before lunar Landers send astronauts

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<v Speaker 2>back to the moon. Intuitive machines stock is off like

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<v Speaker 2>a rocket after that landing. It's up more than forty

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<v Speaker 2>six percent in early trading.

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<v Speaker 3>All right, let's turn to geopolitics now, Amy Tomorrow marks

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<v Speaker 3>two years since Russia's invasion of Ukraine. Today, the Biden

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<v Speaker 3>administration will announce its biggest sanctions package yet against Vladimir

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<v Speaker 3>Putin's war machine. The Treasury Department says more than five

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<v Speaker 3>hundred people and entities will be on the sanctions list.

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<v Speaker 3>President Biden met yesterday with the widow and daughter of

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<v Speaker 3>Russian opposition leader Alexi Navani.

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<v Speaker 6>As you stated the obvious, he was a man of

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<v Speaker 6>incredible courage and it's amazing how his wife and daughter, immy,

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<v Speaker 6>I do that.

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<v Speaker 3>And the President spoke after that meeting in San Francisco. Today,

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<v Speaker 3>Senate Majority Leader Chuck Schumer is leading a delegation to Ukraine.

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<v Speaker 3>He wants to reassure President Vladimir Zelenski. More usaid is coming.

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<v Speaker 3>That sixty billion dollar package remains stalled on Capitol Hill.

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<v Speaker 2>Turning back to the markets now, Reddit filed for an

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<v Speaker 2>initial public offering, revealing the social media platform's shrinking losses

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<v Speaker 2>and helping to propel a resurgence in US listings. The

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<v Speaker 2>San Francisco based company and what is said to be

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<v Speaker 2>one of the biggest listings of the US, filed with

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<v Speaker 2>the SEZ more than two years after first submitting its

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<v Speaker 2>plan confidentially.

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<v Speaker 3>In Asia, China's home price has declined at a slower

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<v Speaker 3>pace for both new and existing units last month. Bloomberg

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<v Speaker 3>day Break Asia anchor Brian Curtis has more on that

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<v Speaker 3>from Hong Kong.

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<v Speaker 11>It's the first sign of improvement in ten months. New

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<v Speaker 11>home prices in seventy cities dropped zero point three to

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<v Speaker 11>seven percent last month from December. It was slightly better

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<v Speaker 11>than a drop then of zero point four to five percent.

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<v Speaker 11>The second head market also improved, with price declines narrowing

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<v Speaker 11>to zero point six to eight percent. No one's breaking

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<v Speaker 11>out the champagne here, but it may mean the worst

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<v Speaker 11>is over in China's property crisis. In Okong, Brian Curtis Bloomberg.

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<v Speaker 3>Radio Time Now to take a look at some of

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<v Speaker 3>the other stories making news in New York and around

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<v Speaker 3>the world, and for that we are joined by Bloomberg's

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<v Speaker 3>Michael Barr.

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<v Speaker 4>We made it to Friday, Michael.

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<v Speaker 12>Hooray, thank you. Nathan. New York State's attorney general says

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<v Speaker 12>she is exploring all options against a Long Island count's

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<v Speaker 12>executive order batting transgender athletes from competing in women's and girls'

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<v Speaker 12>sports in county facilities. Nassau County Executive Bruce Blickman announced

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<v Speaker 12>the new band, saying it will take effect immediately.

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<v Speaker 13>If a league or team and identifies themselves or advertises

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<v Speaker 13>themselves to be a girls or women's league or team,

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<v Speaker 13>then biological males should not be competing in those leagues.

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<v Speaker 12>Blakeman called it a form of bullying from people born

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<v Speaker 12>as biological males, though he did not provide examples of

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<v Speaker 12>it in Nassau County. Meanwhile, protesters demonstrated outside the county

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<v Speaker 12>office building. They slammed the Nassau Republican's action as illegal

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<v Speaker 12>and discriminatory. Katie Hawklin is with a Long Island Progressive Coalition.

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<v Speaker 2>I am floored and horrified by this executive order.

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<v Speaker 12>Protesters also accused the county executive of playing politics with

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<v Speaker 12>lives of vulnerable transgender kids. The judge who has been

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<v Speaker 12>presiding over Donald Trump's New York civil fraud trial is

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<v Speaker 12>denying the former president's request for a month long delay

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<v Speaker 12>of the penalty the judge set last week. Judge Arthur

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<v Speaker 12>and Goren already ruled that Trump committed fraud and ordered

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<v Speaker 12>him to pay three hundred and fifty five million dollars

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<v Speaker 12>plus interest. Now Judge in Goren faces flat now flatly

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<v Speaker 12>rejects Trump's request for delay of that judgment, and Goren

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<v Speaker 12>told Trump's lawyers that they have failed to explain, much

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<v Speaker 12>less justify any basis for state. The former president now

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<v Speaker 12>has just thirty days to pay the fine in cash

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<v Speaker 12>or to post a bond for the full amount in

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<v Speaker 12>order to appeal the ruling. Meanwhile, Trump's legal team has

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<v Speaker 12>filed multiple motions urging a Florida judge to dismiss the

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<v Speaker 12>criminal case charging him with illegally retaining classified documents. They claim,

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<v Speaker 12>in part that presidential immunity protects him from prosecution. Manhattan

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<v Speaker 12>District Attorney Alvin Bryan gave an angry response to Maricopa

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<v Speaker 12>Attorney Rachel Mitchell's decision not to extradite murder suspect rod

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<v Speaker 12>Almansuri to New York from Arizona. Almansuri is being held

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<v Speaker 12>in Arizona in connection with two stabbings, but is also

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<v Speaker 12>wanted in New York for the murder of a woman

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<v Speaker 12>in Soho in a hotel. District Attorney Mitchell said in

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<v Speaker 12>a press conference yesterday that she does not want to

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<v Speaker 12>hand almansuriy over to New York, where she says he

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<v Speaker 12>could be released pending trial. Bragg hit back Thursday, saying

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<v Speaker 12>suspected killers are kept in custody.

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<v Speaker 8>I do not know what they do in Arizona, but

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<v Speaker 8>I know that here in this county, New York County,

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<v Speaker 8>we routinely seek and get remands.

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<v Speaker 10>She means, the person's in custody in our murder case.

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<v Speaker 12>Global News twenty four hours a day, whenever you want

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<v Speaker 12>it with Bloomberg News Now. I'm Michael Barr. This is Bloomberg.

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<v Speaker 4>Nathan, Michael, thank you.

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<v Speaker 3>Time now for the bloom Sports update brought to you

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<v Speaker 3>by Trice State. How do you hear's John stash.

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<v Speaker 14>Out, Thanks Nathan, good night for the inhabitants of Madison Square,

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<v Speaker 14>Guard and Road wins to the Knickson Rangers. Knicks in

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<v Speaker 14>Philadelphia won ten ninety six. They led by twenty six

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<v Speaker 14>saw the league get cut to seven, but they held

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<v Speaker 14>on to end of four game.

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<v Speaker 4>Moving straight.

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<v Speaker 14>The new nick boy on Bob Danovic took six three

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<v Speaker 14>point shots and made them all eighteen points for both

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<v Speaker 14>Josh Hart and Precious at Chua, they combined for twenty

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<v Speaker 14>three rebounds. Tymee Maxi led Philly with thirty five six

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<v Speaker 14>Ers are struggling without Joel mb They've lost ten of

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<v Speaker 14>the last thirteen. Big game Tomorrow night at the guard

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<v Speaker 14>of the Knicks and the league leading Celtics, who won

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<v Speaker 14>in Chicago won twenty nine to one. Twelve Boston is

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<v Speaker 14>forty four and twelve. Nets got blown out in Toronto

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<v Speaker 14>lost by twenty eight. Wizards lost by twenty. In Denver,

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<v Speaker 14>the Warriors beat the Lakers, who played without Lebron James.

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<v Speaker 14>As for the Rangers, may g it nine wins in

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<v Speaker 14>a row, five to one.

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<v Speaker 12>At New Jersey.

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<v Speaker 14>Pair of goals for Alexei la Frontier, three assists for

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<v Speaker 14>our Timmy Paner and he's got forty six on the season.

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<v Speaker 14>Thirty nine saves for Igor, assists Durk and he also

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<v Speaker 14>assisted on a Ranger goal. If they win tomorrow afternoon

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<v Speaker 14>in Philly, the Rangers will have tied the club record

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<v Speaker 14>for longest winning streak ever. Islanders got shut out in

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<v Speaker 14>Saint Louis. The Bruins lost in overtime at Calgary. The

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<v Speaker 14>Capital's won at Tampa Bay.

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<v Speaker 4>Yankees had a.

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<v Speaker 14>Busy off season, bringing in Juan Soto, Alex Verdugo, Marcus Stroman.

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<v Speaker 14>They may not be done, said to be talking to

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<v Speaker 14>the still unsigned free agent pitcher Blake Snell. The Yankee

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<v Speaker 14>owner is hal Steinbrenner.

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<v Speaker 10>I'm not going to get into free agents.

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<v Speaker 15>I'm just going to tell you that we continue to

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<v Speaker 15>look at a lot of different options, and you know,

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<v Speaker 15>given where we are payroll wise, any addition to the

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<v Speaker 15>club is going to be a costly one. But I'm

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<v Speaker 15>still willing to consider anything that comes my way. Anything

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<v Speaker 15>cashing his team brings my way.

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<v Speaker 14>If the Yanks were to join Snell with Garrett Coley,

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<v Speaker 14>will have both the cy young winners from last season.

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<v Speaker 14>The Mets will start the season with code I Senga

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<v Speaker 14>on the injured list. He would have been the likely

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<v Speaker 14>opening day pitcher. Short dot Tim Anderson signed with Miami.

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<v Speaker 14>Ex Yankee g R. Shell As signed with Detroit. The

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<v Speaker 14>Pirates extend at Ash pitcher Mitch Keller, John Stashia.

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<v Speaker 4>We're Bloomberg Sports.

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<v Speaker 3>Okay, John, thanks, so maybe don't I get right back

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<v Speaker 3>to this market now. We're going to be ending the

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<v Speaker 3>week get all time highs for the S and P,

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<v Speaker 3>the Dow, and the Nasdaq on the back of that

0:12:04.600 --> 0:12:08.600
<v Speaker 3>magnificent outlook we got earlier this week from Nvidia. How

0:12:08.679 --> 0:12:12.880
<v Speaker 3>much further can this renewed AI bowl run. Let's bring

0:12:12.920 --> 0:12:16.240
<v Speaker 3>in Daniel Morris for some analysis, Chief market strategist at

0:12:16.280 --> 0:12:17.640
<v Speaker 3>BNP Pariba.

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<v Speaker 4>Daniel, thank you for being with us.

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<v Speaker 3>We're watching a little bit of a pullback from the

0:12:22.240 --> 0:12:25.440
<v Speaker 3>big time rally that we saw yesterday. When you have

0:12:26.200 --> 0:12:29.080
<v Speaker 3>the S and P at end of your price targets.

0:12:29.080 --> 0:12:31.719
<v Speaker 3>For many analysts already, I guess the question's got to

0:12:31.720 --> 0:12:33.400
<v Speaker 3>be asked, is this an overshoot?

0:12:35.440 --> 0:12:38.560
<v Speaker 16>Well, I don't think anyone would dare to say they

0:12:38.600 --> 0:12:40.800
<v Speaker 16>can accurately estimate whether it is.

0:12:40.840 --> 0:12:43.480
<v Speaker 10>I mean, we know where it's such a nascent stage even.

0:12:43.320 --> 0:12:43.959
<v Speaker 12>Now with AI.

0:12:44.080 --> 0:12:46.000
<v Speaker 16>Try to predict what the implications are going to be

0:12:46.440 --> 0:12:49.520
<v Speaker 16>for corporate profits, I don't know if it really is,

0:12:50.000 --> 0:12:52.040
<v Speaker 16>not to say, worth the effort, but I think we

0:12:52.080 --> 0:12:54.400
<v Speaker 16>need to think about the long term potential here, which

0:12:54.440 --> 0:12:56.600
<v Speaker 16>is what the market's pricing in. I mean, go back

0:12:56.640 --> 0:13:00.440
<v Speaker 16>to when the Internet first became ubiquitous in the world.

0:13:00.520 --> 0:13:03.360
<v Speaker 16>I mean, most economist estimate it took a decade for

0:13:03.600 --> 0:13:05.600
<v Speaker 16>companies really to be able to leverage that.

0:13:05.720 --> 0:13:06.960
<v Speaker 10>So we're just at the beginning.

0:13:08.000 --> 0:13:10.520
<v Speaker 16>It may, in retrospect turn out that these estimates are

0:13:10.520 --> 0:13:12.280
<v Speaker 16>too high, who knows, but for now, I don't think

0:13:12.280 --> 0:13:13.679
<v Speaker 16>that's what the market is thinking about.

0:13:13.720 --> 0:13:15.960
<v Speaker 3>Well, we are really getting into this debate, though, aren't

0:13:15.960 --> 0:13:19.000
<v Speaker 3>we about whether what the differences are between the dot

0:13:19.040 --> 0:13:21.840
<v Speaker 3>com rally from the late nineties and this AI rally

0:13:21.880 --> 0:13:25.560
<v Speaker 3>that we're seeing now. What kind of differences do you see?

0:13:25.800 --> 0:13:28.840
<v Speaker 3>Is this different from what we saw back in the nineties.

0:13:30.520 --> 0:13:32.200
<v Speaker 10>We certainly, I think in some important ways.

0:13:32.200 --> 0:13:35.439
<v Speaker 16>I mean, hopefully investors did learn lessons from the dot

0:13:35.480 --> 0:13:38.480
<v Speaker 16>com bubble and looking at revenues as opposed to sales, etc.

0:13:38.760 --> 0:13:41.439
<v Speaker 16>But it certainly doesn't seem to be a worry here.

0:13:41.520 --> 0:13:45.000
<v Speaker 16>I think in companies center for reporting, our reporting real numbers,

0:13:45.600 --> 0:13:45.959
<v Speaker 16>so that.

0:13:45.960 --> 0:13:49.280
<v Speaker 10>Profitability is there and clearly is rising.

0:13:49.440 --> 0:13:51.600
<v Speaker 16>I think that the challenge is going to be and

0:13:51.640 --> 0:13:54.120
<v Speaker 16>I think perhaps what we need to think about is

0:13:54.160 --> 0:13:57.600
<v Speaker 16>perhaps to look beyond as everyone discusses maybe if since

0:13:57.600 --> 0:14:00.720
<v Speaker 16>seven or even the tech sector, because arguably, in the

0:14:00.760 --> 0:14:04.320
<v Speaker 16>long run, the impact of AI may well be felt

0:14:04.360 --> 0:14:08.600
<v Speaker 16>more in non technology sectors, as it gives industrial companies

0:14:08.640 --> 0:14:13.199
<v Speaker 16>and so indiscretionary stable companies the ability to increase our profitability,

0:14:13.240 --> 0:14:15.880
<v Speaker 16>increase our sales without necessarily having to rely on what

0:14:15.880 --> 0:14:17.480
<v Speaker 16>we know is a constrained labor market.

0:14:17.760 --> 0:14:20.120
<v Speaker 3>That's a really long term view, isn't it. But is

0:14:20.160 --> 0:14:23.080
<v Speaker 3>there a way that we can see this rally that

0:14:23.120 --> 0:14:26.840
<v Speaker 3>we're under now start to get more breadth and what

0:14:26.880 --> 0:14:27.600
<v Speaker 3>would that look like?

0:14:29.120 --> 0:14:31.080
<v Speaker 16>Well, if we want to think about breath, that we

0:14:31.120 --> 0:14:32.960
<v Speaker 16>need to go back to what the outlook is for

0:14:33.240 --> 0:14:36.280
<v Speaker 16>the FED, because behind all of this growth, not just

0:14:36.320 --> 0:14:38.760
<v Speaker 16>some corporate profits, but the US in general, you know,

0:14:39.000 --> 0:14:41.640
<v Speaker 16>is a worry about the outlook for inflation and then

0:14:41.680 --> 0:14:43.440
<v Speaker 16>the response from the FED. So one of the key

0:14:43.480 --> 0:14:46.520
<v Speaker 16>things over the last month or so, as the market

0:14:46.560 --> 0:14:49.000
<v Speaker 16>has taken out the cuts that they had put in

0:14:49.040 --> 0:14:51.320
<v Speaker 16>for the FED this year, the markets really have just

0:14:51.320 --> 0:14:53.680
<v Speaker 16>shrugged that off because on the other hand, the growth

0:14:53.680 --> 0:14:56.240
<v Speaker 16>outlook has been so good. You know, at this point

0:14:56.280 --> 0:14:58.600
<v Speaker 16>we've got through there any season that was great we're

0:14:58.640 --> 0:15:02.160
<v Speaker 16>going to be looking as for new indicators on the

0:15:02.160 --> 0:15:04.960
<v Speaker 16>growth side, whereas what we may see is more worries

0:15:05.000 --> 0:15:07.240
<v Speaker 16>again about inflation. So I think what we need to

0:15:07.320 --> 0:15:09.680
<v Speaker 16>keep very much in the forefront of our minds is

0:15:09.720 --> 0:15:12.680
<v Speaker 16>number one, will the growth really meet up to those

0:15:12.720 --> 0:15:15.680
<v Speaker 16>expectations with the risk of disappointment? And then if growth

0:15:15.760 --> 0:15:18.000
<v Speaker 16>doesn't disappoint, what does that then mean for the outlook

0:15:18.000 --> 0:15:18.960
<v Speaker 16>for inflation in the FED?

0:15:19.360 --> 0:15:21.040
<v Speaker 3>And to your point, we are hearing from a lot

0:15:21.080 --> 0:15:24.240
<v Speaker 3>more FED officials preaching patients when it comes to the

0:15:24.280 --> 0:15:28.320
<v Speaker 3>outlook for interest rate cuts. In our last thirty seconds here,

0:15:28.600 --> 0:15:32.360
<v Speaker 3>do you have any concerns about the growth picture for

0:15:32.440 --> 0:15:35.680
<v Speaker 3>this country and what that could mean for the policy

0:15:35.760 --> 0:15:37.440
<v Speaker 3>path later on this year?

0:15:39.000 --> 0:15:42.880
<v Speaker 16>I think it's concerns about the outlook relative to expectations,

0:15:42.920 --> 0:15:45.600
<v Speaker 16>because now expectations are so high we appreciate, you know,

0:15:45.600 --> 0:15:48.360
<v Speaker 16>there's just a whole lot of good news that's in

0:15:48.400 --> 0:15:51.160
<v Speaker 16>the market, so you see any disappointment, it seems more

0:15:51.280 --> 0:15:53.560
<v Speaker 16>likely from here if there is a surprise, it's going

0:15:53.600 --> 0:15:55.680
<v Speaker 16>to be a negative surprise that e growth turns out

0:15:55.720 --> 0:15:59.120
<v Speaker 16>to disappoint relative to those high expectations. Then from here

0:15:59.160 --> 0:16:02.000
<v Speaker 16>you get another poseative impultseng grows because we've got to

0:16:02.000 --> 0:16:04.160
<v Speaker 16>remember where FED funds are today, that is at a

0:16:04.160 --> 0:16:05.080
<v Speaker 16>restrictive level.

0:16:05.480 --> 0:16:07.120
<v Speaker 10>This should be slowing growth.

0:16:07.200 --> 0:16:09.520
<v Speaker 16>It will eventually slow growth, and we don't want to

0:16:09.520 --> 0:16:11.800
<v Speaker 16>dismiss that risk to the market.

0:16:12.880 --> 0:16:15.800
<v Speaker 17>This is Bloomberg day Break Today, your morning brief on

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<v Speaker 4>I'm Nathan Hager.

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<v Speaker 2>And I'm Abe Morris. Join us again tomorrow morning for

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