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Nobel Prize winner: Maduro started this war, Trump is ending it
Bloomberg Television· 2025-11-05 19:59
Kolas Maduro is not a legitimate legitimate head of state. He's the head of this narco terrorist structure that has declared war on the Venezuelan people and to democratic nations in the region. These structures, criminal structures, sustain themselves on the the money that comes from drug trafficking, gold smuggling, the arms and weapon struggle h smuggling and people human trafficking and you need to cut those cash flows.And that's precisely what President Trump is doing to protect millions of lives of Am ...
AI startup Reevo raises $80 million from investors like Khosla Ventures #shorts #ai #investing
Bloomberg Television· 2025-11-05 18:45
Bode, you know, you're co-leading this round with your your friends at at Kleiner Perkins. Um, again, the same question like what what does the environment look like to you right now. This is a very sizable debut round.Um, you you had the conviction to do that. >> Well, it was a while ago we did the seed round of 10 million uh that wasn't announced and now we just participated in the $70 million round. Obviously, we think highly of the team, but I think uh it's the magnitude of the opportunity this opens up ...
Mamdani Makes History, Ready to Challenge Trump
Bloomberg Television· 2025-11-05 18:19
The mayoral election that brought the self-described Democratic socialist Warren Mamdani to the podium in a victory rally last evening. The conventional wisdom would tell you that I am far from the perfect candidate. I am young, despite my best efforts to grow older.I am Muslim. I am a democratic socialist. And most damning of all, I refuse to apologize for any of this.A speech that's still resonating today for Democrats and Republicans here in New York and around the country. And joining us now from New Yo ...
NYC Mayor-Elect Mamdani Says He Won't Mince Words When It Comes to Trump
Bloomberg Television· 2025-11-05 18:02
The lesson for the president is that it's not enough to diagnose the crisis in working class Americans lives. You have to deliver on addressing that crisis. This is a president who ran a campaign on the promise of cheaper groceries.And now, as was said by one of our co-chairs, has gone so far as to cut snap benefits for close to 2 million New Yorkers. Someone who is literally making it harder to afford those same groceries whose price he was decrying not that long ago. And what scares Republicans across the ...
Arguments Over Trump Tariffs Hit Supreme Court
Bloomberg Television· 2025-11-05 17:46
Legal & Policy Analysis - The Supreme Court justices are questioning the Trump administration's legal authority to impose tariffs under the International Emergency Economic Powers Act (IEEPA) [1][2] - A key point of contention is whether President Trump can impose tariffs without congressional approval, particularly concerning the power of the purse [2][3] - The administration is attempting to justify the tariffs by framing them as responses to foreign actors and national emergencies, rather than revenue raising measures [4] - The justices are questioning whether trade imbalances meet the legal standard for declaring a national emergency to invoke IEEPA tariffs [4][5] Trade & Economic Impact - Approximately 60% of the tariffs implemented this term are tied to IEEPA, indicating potentially broad implications [6] - The administration is reportedly preparing to use other authorities, such as Section 232 national security tariffs, suggesting that tariffs are likely to persist [6] - The plaintiffs in the case argue that the administration could have utilized other tariff powers [5] Supreme Court's Role - This case marks the first time the Supreme Court is hearing a case related to President Trump's actual policy with potentially long-standing impact, rather than an emergency ruling [8] - The court has previously ruled on an emergency basis regarding President Trump's policies [8]
Apollo President on how they look at financing data centers vs GPUs
Bloomberg Television· 2025-11-05 16:30
is the right way to think about a data center, utility lines, electrical lines 70, 80, 90 years ago when day one all you were doing is wiring the house for lights and then you hire wired the house for a dishwasher, a TV and everything else that goes with it and how do you think about that technology and what really is the advantage of that data center in 5 10 15 years with the power supply. I differentiate that with how you might finance a portfolio of chips GPUs that rapidly depreciate over three to five y ...
Wall Street Bonuses Expected to Surge Again
Bloomberg Television· 2025-11-05 15:51
We had a sense that some good news was coming because most of the banks, the investment banks, they actually posted third quarter results for stock trading that were their best for the third quarter ever. And most of them top down the SEC's expectations, notching about 15 billion of revenue in that quarter. The clear winner here is stock traders.They have benefited, of course, from the volatility set off by Trump's tariff war, but also by the more than 30% rise of the S&P 500, helped by the sort of optimism ...
Trump Tells GOP Senators It's a Mistake Not to End Filibuster
Bloomberg Television· 2025-11-05 14:16
But the biggest thing is the filibuster. We have to get the country going. We will pass legislation at levels you've never seen before, and it'll be impossible to beat us, By the way, if they do.They're going to do it anyway. And they are going to immediately do the filibuster. And when they do the filibuster, they're going to pack the court.They want five, at least five. Now they I hear it's up to five. I actually heard up to seven and up to nine.Okay. They want new judges. They want to pack the court and ...
Mayor-Elect Mamdani’s To-Do List for New York City
Bloomberg Television· 2025-11-05 14:03
Election & Voter Sentiment - High voter turnout in the mayoral election reflects New York City voters' frustration with the high cost of living and doing business [2][3] - Business community has concerns about the incoming mayor [3] Business Concerns & Priorities - Business leaders prioritized retaining Jessica Tisch as NYPD commissioner for public safety [6] - Employers want the city to be safe [6] Economic & Fiscal Policy - High costs, including taxes, are causing people to leave the city [9] - City and state budgets spending has increased by over 50% in the past decade, contributing to the affordability crisis [10] - Professionals in New York are paying 55% of their income in taxes to federal, state, and city government [13] - The incoming mayor cannot raise corporate or personal income taxes without state approval [15] - The incoming mayor mentioned reducing the costs of government and bureaucracy [17]
LIVE: Mamdani Speaks in New York City After Winning Mayoral Election
Bloomberg Television· 2025-11-05 13:44
NYC Mayor-Elect Zohran Mamdani speaks in New York City after making history and winning the election last night. Mamdani, a Democrat, received 50.4% of the votes, while former Governor Andrew Cuomo garnered 41.6% and Republican Curtis Sliwa got 7.1% with more than 90% of the vote counted. At 34, he's the youngest person to hold the office in a century and he's the New York's first Muslim mayor. ...