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

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Speaker 1: Doug Prisner. The first phase of the Israel Hamasies fire

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Speaker 1: is underway, and today President Trump urged world leaders to

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Speaker 1: ensure the US led truce turns into a lasting peace.

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Speaker 1: Trump also addressed Gaza's future as he spoke to a

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Speaker 1: global summit in Egypt.

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Speaker 2: The rebuilding begins.

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Speaker 3: The rebuilding is maybe going to be the easiest part.

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Speaker 4: I think we've done a lot of the hardest part

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Speaker 4: because the rest comes together.

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Speaker 3: We all had to rebuild, and we know how to

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Speaker 3: build better than anybody in the world. Now.

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Speaker 1: Trump's stop in Egypt was his second in the Middle East.

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Speaker 1: Earlier in the day in Israel, the President welcome back

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Speaker 1: the hostages and he spoke to the Kanesset in Jerusalem.

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Speaker 1: Speaking first was Israeli Prime Minister Benjamin Neknyahu.

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Speaker 4: Mister President, you are committed to this piece.

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Speaker 5: I am committed to this piece, and together, mister President,

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Speaker 5: we will.

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Speaker 4: Achieve this piece.

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Speaker 1: Israeli Prime Minister Benjamin Neknyahu. There meantime, there are many

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Speaker 1: questions about what comes next. Here is Mona Yakubian from

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Speaker 1: the Center for Strategic and International Studies, I think.

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Speaker 2: The President is perhaps premature in saying the war is over.

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Speaker 2: The difficult steps ahead are the ones that we will

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Speaker 2: have to watch closely to see if in fact his

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Speaker 2: aspirations become reality.

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Speaker 1: That is Mona Yakubian from CSIS. Tonight, the SpaceX Starship

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Speaker 1: rocket lifted off for its eleventh test flight. It deployed

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Speaker 1: several test satellites in space and then returned to Earth,

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Speaker 1: with the upper stage splashing down in the Indian Ocean.

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Speaker 1: Here is audio from SpaceX mission control.

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Speaker 3: There is our landing burn.

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Speaker 1: Three down to two Starship of Labert. With Monday's mission,

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Speaker 1: SpaceX aims to at least match the success of its

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Speaker 1: last spaceflight in August. Back then, Starship bounced back from

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Speaker 1: a series of failures earlier this year. We moved to

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Speaker 1: earnings news next. Samsung posted its biggest quarterly profit in

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Speaker 1: more than three years. These results reflect a booming market

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Speaker 1: for memory chip demand while AI development accelerates globally. We

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Speaker 1: got reaction from Masahiro Wakasugi from Bloomberg Intelligence.

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Speaker 5: The number looks pretty good and operating profit increased the

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Speaker 5: almost thirty percent year over year based on the preliminary

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Speaker 5: numbers and Also, the quota over quota growth is around

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Speaker 5: one sixty percent. It's so maybe a two point six

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Speaker 5: times as much as Q two numbers, so the recovery

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Speaker 5: looks quite great.

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Speaker 1: That is Bloomberg analyst Masa hero Wakasugi. Open Ai will

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Speaker 1: buy custom chips and networking gear from Broadcom in a

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Speaker 1: multi year deal and as a part of this agreement,

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Speaker 1: open Ai will design the hardware and work with Broadcom

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Speaker 1: to develop it. This is part of a plan from

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Speaker 1: open ai to add ten gigawatts worth of AI data

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Speaker 1: center capacity. Now. These two companies will begin deploying racks

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Speaker 1: of servers containing the gear in the second half of

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Speaker 1: twenty twenty six. Here is Bloomberg analyst Mandeep Singh.

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Speaker 3: They are really going after data center capacity right now,

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Speaker 3: and the way they are doing it is by diversifying

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Speaker 3: their supplier base. So it's not just relying on Nvidia,

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Speaker 3: which everyone does right now for compute, but really leveraging Broadcom,

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Speaker 3: which is a custom silicon maker.

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Speaker 1: That is Mandeep saying from Bloomberg Intelligence. Incidentally, shares in

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Speaker 1: Broadcom rallied nearly ten percent. Today, it's day thirteen of

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Speaker 1: the US government shutdown, and both Houses of Congress remain

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Speaker 1: in recess. Democrats want a conversation with Republicans about extending

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Speaker 1: healthcare tax credits. They are part of the Affordable Care

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Speaker 1: Act and they will expire at the end of the year. Now,

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Speaker 1: Republicans say they will not hold a conversation until Senate

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Speaker 1: Democrats vote yes on their government funding bill. House Speaker

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Speaker 1: Mike Johnson defended his decision to send House lawmakers home,

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Speaker 1: canceling legislative business in Washington until further notice.

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Speaker 4: Our members are doing very productive work. We're in constant

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Speaker 4: communication with them, and we are ready to come back

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Speaker 4: and continue the work in our committees and everything on

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Speaker 4: the House floor. We will return the legislative session as

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Speaker 4: soon as the Democrats come to their senses and open

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Speaker 4: the government.

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Speaker 1: House Speaker Mike Johnson speaking there. Meantime, the White House

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Speaker 1: has begun firing thousands of federal workers, and Treasury Secretary

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Speaker 1: Scott Bessett indicated his department is shuffling the flow of

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Speaker 1: money in order to allow for US military staff to

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Speaker 1: get paid. A Republican attack on a core provision of

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Speaker 1: the Voting Rights Act comes before the Supreme Court this week.

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Speaker 1: We have a preview from Bloomberg's Amy Morris.

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Speaker 6: Lawyers for the Trump administration and Louisiana, will try to

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Speaker 6: persuade the Justices to eliminate the state's second majority black

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Speaker 6: congressional district. The Louisiana case got to this point after

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Speaker 6: black voters and civil rights groups sued and one lower

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Speaker 6: court rulings that struck down the first congressional map drawn

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Speaker 6: by the state's GOP controlled legislature that created just one

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Speaker 6: black majority district among six House seats in a state

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Speaker 6: that is one third black. The Justices will hear arguments

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Speaker 6: on Wednesday in Washington, Amy Morris, Bloomberg Radio.

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Speaker 1: In baseball's postseason, we begin with the ALCS. The Seattle

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Speaker 1: Mariners beat the Toronto Blue Jays toon night ten to three.

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Speaker 1: Seattle now leads this series to nothing. In the NLCS,

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Speaker 1: the LA Dodgers beat the Milwaukee Brewers two one, and

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Speaker 1: Los Angeles now leads this series one nothing. And that

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Speaker 1: is news when you want it with Bloomberg News. Now,

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