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California Governor Newsom Says State Is Committed to Fighting Fraud
Bloomberg Television· 2026-01-29 20:01
One of the things that that is coming to California is an investigation into waste, fraud and abuse. The Trump administration clearly had some success with that. In Minnesota, Governor Tim Walz is not running for re-election.And now they've promised that the investigation into California has begun. Yeah, what will they find and what what is at stake. Well, they'll find a state that's taking the issue very, very seriously. They'll find a state that years and years ago established the first framework, somethi ...
Nvidia's CEO Says China Is Still Deciding on H200 Chips
Bloomberg Television· 2026-01-29 19:40
I'm hoping that also uh the Chinese government would uh allow uh Nvidia to sell in H200. So they have to decide and I'm looking forward to a to a favorable decision. Um I think that that H200 is uh very good for America technology leadership is also very good for the Chinese market and the customers would very much like to have H200 and so I'm looking forward to a good decision. I believe that the Chinese government is still deciding and we have not received purchase orders and we have not received uh infor ...
UK PM Keir Starmer Meets With China's Xi Jinping
Bloomberg Television· 2026-01-29 19:27
China is a vital player on the global stage and is vital to build a more sophisticated relationship where we identify opportunities to collaborate also allow equal data on areas where we dis. ...
ICE will dial back its presence in Minnesota after two killings (Homan press conference)
Bloomberg Television· 2026-01-29 19:02
But I've been giving talking points and I don't like reading speeches. Never have. But what if instead they put some stuff down here in writing.Just make sure you don't miss anything so I won't be reading a little bit. Then we're going to open up for questions. We've been on the ground less than three, four days.I got in here Monday. President of the United States called me Monday morning and asked me to deploy here. I got here Monday evening and I'm staying.So the problem's gone. But we've made a lot of pr ...
China’s Metals Mania Sends Copper Soaring as Gold Falls From Record High
Bloomberg Television· 2026-01-29 19:02
There is something significant going on in China. There are significant buyers of all the metals. They really started with gold last year.Gold got expensive, so they trickled over to everything. The bottom line, though, with copper is it's not a speculative metals industrial and China's number one source of demand. It's going up more because of issuances with the tariffs in the US and supply constraints.And I'm very concerned to copper, so I'm very concerned as long as the stock market gets going up, it's f ...
Trump Says Venezuela Airspace to Reopen After Rodriguez Call (Opening Remarks)
Bloomberg Television· 2026-01-29 18:59
want to thank my entire cabinet for 12 months of unprecedented achievements. We really have I mean unprecedented the numbers we've had on the economy and growth. Uh you see them and that's despite a Democrat shutdown.Without the shutdown we would have picked up about a point and a half more than already high numbers, record setting numbers. So this has been I think and a lot of people say it the most successful year of any administration in American history. first year.There's never been a first year like t ...
Blackstone's Gray Says Deal Environment Hitting 'Escape Velocity'
Bloomberg Television· 2026-01-29 18:54
First off, just on the quarter, we had record earnings per share for the quarter and for the year, and we've got a number of powerful engines. 1 is this deal environment hitting escape velocity. We did 4 IP OS in the second-half of the year, led by Medline, which is a terrific business in Chicago, and the market reception was quite positive.It feels to us like that 2013 fourteen. Where after the hibernation following the GFC, we began to take a number of companies public, notably Hilton Hotels and it looks ...
Stocks Hit by AI Spending Worry | Open Interest 1/29/2026
Bloomberg Television· 2026-01-29 18:32
MATT: TODAY IS THE DAY, LOOKING FOR 7000. I MATT MILLER. DANI: BLOOMBERG OPEN INTEREST STARTS RIGHT NOW.MATT: WE HAVE A CONTINUED SPENDING SPREE FOR BIG TECH, META-MICROSOFT AND TESLA RAMP UP INVESTMENT IN AI. ATTENTION TURNS TO APPLE AFTER THE CLOSE. DANI: BLACKSTONE DELIVERS A SURPRISE JUMP IN PROFITS.DEALMAKING REACHED A STATE -- ESCAPE VELOCITY. MATT: INTERNATIONAL PAPER PLANS TO BREAK UP AND SPIN OFF ITS EUROPEAN OPERATIONS. DANI: A LOT OF CORPORATE NEWS.EXCITED TO BRING UP THOSE OPERATIONS. MET WITH A ...
Blackstone President: The biggest risk with AI is disruption
Bloomberg Television· 2026-01-29 17:51
Everyone's focused on these bubble risks. I think the biggest risk is actually the disruption risk. What happens when industries change overnight like what we saw to the yellow pages back in the 90s when the internet came along or what happened to Uber uh when Uber and Lyft came to the taxi business 10 years ago. In the last two weeks, we saw JP Morgan say they're going to stop using proxy advisors and use AI instead. We heard Lemonade say that if you use your AI powered self-driving Tesla during those mile ...
Trump Believes Deal to Avoid Shutdown Is Close
Bloomberg Television· 2026-01-29 17:45
We've defeated the Biden inflation nightmare and achieved explosive new economic growth. The Atlanta Fed is predicting an astounding 5.4% GDP growth in the fourth quarter. And that's despite the fact that we had a Democrat shutdown. We would have had that number would have been 7%, which is a number nobody's ever heard of.And we've had we've been given great national security because of tariffs. And we've also been given unprecedented income because of tariffs. And part of the income that we gave $12 billio ...