1 00:00:01,200 --> 00:00:03,960 Speaker 1: News when you wanted. With Bloomberg News Now, I'm Doug Chrisner. 2 00:00:04,320 --> 00:00:07,000 Speaker 1: More than a dozen nations, including the US, are putting 3 00:00:07,040 --> 00:00:10,479 Speaker 1: new pressure on Hamas to release hostages in Gaza. We 4 00:00:10,560 --> 00:00:13,000 Speaker 1: have more from Bloomberg's Nathan Hagar in Washington. 5 00:00:13,080 --> 00:00:16,080 Speaker 2: The US and seventeen other countries with people either missing 6 00:00:16,160 --> 00:00:18,720 Speaker 2: in Gaza or being held by Hamas have issued a 7 00:00:18,760 --> 00:00:22,080 Speaker 2: joint statement calling for their immediate release. A senior US 8 00:00:22,160 --> 00:00:25,000 Speaker 2: official says the goal is to reflect mounting concern about 9 00:00:25,000 --> 00:00:27,640 Speaker 2: the hostage as well being and to intensify pressure on 10 00:00:27,720 --> 00:00:30,600 Speaker 2: Hamas to agree to a cease fire. The official says 11 00:00:30,640 --> 00:00:33,800 Speaker 2: Humas leader ya Ya Sinwar has personally rejected a deal. 12 00:00:34,000 --> 00:00:36,879 Speaker 2: A top Hamas political leader told the Associated Press this 13 00:00:36,960 --> 00:00:39,120 Speaker 2: week the group would lay down its arms if a 14 00:00:39,159 --> 00:00:43,000 Speaker 2: Palestinian state is established along pre nineteen sixty seven lines. 15 00:00:43,280 --> 00:00:46,280 Speaker 2: In Washington, I'm Nathan Hager, Bloomberg Radio. 16 00:00:46,440 --> 00:00:50,360 Speaker 1: Harvey Weinstein's sexual assault conviction has been overturned by New 17 00:00:50,440 --> 00:00:53,360 Speaker 1: York's highest court. Here's Bloomberg's Karen Moscow. 18 00:00:53,520 --> 00:00:55,760 Speaker 3: The New York Court of Appeals has ordered a new 19 00:00:55,840 --> 00:00:58,760 Speaker 3: trial for this seventy two year old Weinstein, arguing that 20 00:00:58,800 --> 00:01:01,760 Speaker 3: the judge in is twenty twelve trial had wrongly permitted 21 00:01:01,760 --> 00:01:04,800 Speaker 3: women who were not part of the indictment to testify 22 00:01:04,880 --> 00:01:08,319 Speaker 3: about his conduct. The reversal marks a stunning turnaround in 23 00:01:08,319 --> 00:01:11,319 Speaker 3: one of the highest profile convictions of the me too era. 24 00:01:11,760 --> 00:01:14,920 Speaker 3: Weinstein will remain in prison. He was convicted in Los 25 00:01:14,959 --> 00:01:17,920 Speaker 3: Angeles in twenty twenty two of another rape and is 26 00:01:17,920 --> 00:01:22,240 Speaker 3: serving a sixteen year prison sentence. Karen Moscow Bloomberg Radio. 27 00:01:22,240 --> 00:01:24,640 Speaker 1: Bye Dan says it does not have any plan to 28 00:01:24,680 --> 00:01:27,760 Speaker 1: sell TikTok. That's according to a statement on the Chinese 29 00:01:27,840 --> 00:01:32,240 Speaker 1: language version of the social media platform it owns. Bloomberg's 30 00:01:32,240 --> 00:01:34,080 Speaker 1: Mike Shepherd has more from Washington. 31 00:01:34,240 --> 00:01:37,600 Speaker 4: The issue was that while the House had overwhelmingly passed 32 00:01:37,640 --> 00:01:40,720 Speaker 4: the measure initially about a month ago, the Senate was 33 00:01:40,800 --> 00:01:44,280 Speaker 4: slow walking. There were more objections in the chamber to 34 00:01:44,319 --> 00:01:46,560 Speaker 4: the bill. They were concerned about whether we're infringe on 35 00:01:46,760 --> 00:01:49,880 Speaker 4: free speech. There were others who were actually concerned about 36 00:01:50,080 --> 00:01:53,279 Speaker 4: a possible lawsuit that it could get blocked in court. 37 00:01:53,640 --> 00:01:57,800 Speaker 4: The precedent of singling out one company was also something 38 00:01:57,840 --> 00:01:59,000 Speaker 4: that troubled them. 39 00:01:59,120 --> 00:02:02,160 Speaker 1: That's Bloomberg's mind. Shepherd. Let's check the ours top stories 40 00:02:02,240 --> 00:02:04,800 Speaker 1: there was a heavy flow of tech earnings after the bell. 41 00:02:05,200 --> 00:02:08,040 Speaker 1: Alphabet to beat profit estimates thanks to growth in its 42 00:02:08,080 --> 00:02:12,600 Speaker 1: cloud computing unit. Bloomberg Intelligences man Deep Singh tells us 43 00:02:12,720 --> 00:02:16,160 Speaker 1: its growth in Google's core business that's most impressive. 44 00:02:16,840 --> 00:02:19,720 Speaker 5: Everything else is a side story right now. You know, 45 00:02:19,800 --> 00:02:23,560 Speaker 5: with YouTube and cloud, all the segments did well, but 46 00:02:23,639 --> 00:02:26,560 Speaker 5: the real key segment is search, that's a core business. 47 00:02:26,600 --> 00:02:28,920 Speaker 5: When they come out and beat like this thirty two 48 00:02:29,000 --> 00:02:32,320 Speaker 5: percent consensus was a twenty eight percent, that just tells 49 00:02:32,320 --> 00:02:36,320 Speaker 5: you how healthy that search business is and it continues 50 00:02:36,360 --> 00:02:38,600 Speaker 5: to command the kind of margins we're used to seeing 51 00:02:38,600 --> 00:02:39,320 Speaker 5: with Google Search. 52 00:02:39,400 --> 00:02:42,280 Speaker 1: That is Bloomberg's man Deep Singh. By the way, Alphabet 53 00:02:42,360 --> 00:02:45,880 Speaker 1: also announced its first ever dividend that's twenty cents a share, 54 00:02:46,040 --> 00:02:50,200 Speaker 1: and the company increased its stock buyback program by seventy 55 00:02:50,440 --> 00:02:54,120 Speaker 1: billion dollars. Class A shares in Alphabet were up twelve 56 00:02:54,160 --> 00:02:57,320 Speaker 1: percent in the late US session. We also heard from Microsoft. 57 00:02:57,400 --> 00:03:01,360 Speaker 1: Quarterly sales and profit both beat, lifted by corporate demand 58 00:03:01,480 --> 00:03:06,600 Speaker 1: for cloud and artificial intelligence offerings. Revenue up seventeen percent 59 00:03:07,000 --> 00:03:11,000 Speaker 1: to sixty one point nine billion dollars. Now CEO SATNYA 60 00:03:11,120 --> 00:03:15,239 Speaker 1: Adella has been infusing Microsoft's entire product line with AI 61 00:03:15,400 --> 00:03:20,000 Speaker 1: technology from the company's partner OpenAI. Shares and Microsoft were 62 00:03:20,040 --> 00:03:22,720 Speaker 1: up four and a half percent in late US trading. 63 00:03:22,840 --> 00:03:25,440 Speaker 1: On the other hand, we had Intel giving a lackluster 64 00:03:25,560 --> 00:03:28,760 Speaker 1: forecast for the current quarter. This suggests the company is 65 00:03:28,800 --> 00:03:31,639 Speaker 1: still struggling to return to the top tier in the 66 00:03:31,720 --> 00:03:35,920 Speaker 1: chip industry. Intel is the biggest maker of processors for 67 00:03:36,000 --> 00:03:40,240 Speaker 1: PCs sales in the current quarter thirteen billion dollars. That 68 00:03:40,480 --> 00:03:43,520 Speaker 1: is the forecast, which is about six hundred million below 69 00:03:43,560 --> 00:03:47,760 Speaker 1: the average estimate. Profit will be ten cents minus certain items. 70 00:03:47,800 --> 00:03:51,480 Speaker 1: The street had been projecting twenty four since. That's one 71 00:03:51,520 --> 00:03:54,680 Speaker 1: reason why Intel shares were down seven point eight percent 72 00:03:54,800 --> 00:04:00,000 Speaker 1: in US trading. Here is Mario Morales, VP at IDC Groups. 73 00:04:00,000 --> 00:04:03,120 Speaker 1: He says that Intel is still showing some signs of growth. 74 00:04:04,280 --> 00:04:07,640 Speaker 6: You're seeing an improvement on a year over year basis 75 00:04:07,640 --> 00:04:10,680 Speaker 6: of nine percent, which is pretty solid for Intel given 76 00:04:10,720 --> 00:04:12,880 Speaker 6: what we've seen in the last couple of years. But 77 00:04:12,920 --> 00:04:15,720 Speaker 6: they're still not quite yet growing at the same pace 78 00:04:16,000 --> 00:04:17,080 Speaker 6: as the total industry. 79 00:04:17,240 --> 00:04:20,520 Speaker 1: That is Mario Morales from IDC Group, and that is 80 00:04:20,600 --> 00:04:22,920 Speaker 1: news when you want it. With Bloomberg News Now I'm 81 00:04:22,920 --> 00:04:24,640 Speaker 1: Doug Prisner, and this is Bloomberg.