ed: unbelievable.aroline: she will be here sitting next to us to talk about the state of show business across entertainment and streaming. ♪ caroline: we've given you the founder take from l.a. let's get the analyst take on the future of entertainment, the intertwining of genai and streaming. laura martin, so excited to meet you in the flesh. >> after all this time lovely to be here. caroline: you were just here listening about the runway deal. for you how much is genai changing the game? laura: a lot. i see it most in my tech first companies. content storytelling companies will be slower. consumers watch movies because of storytelling. genai opens up creative windows. ed: you cover public equities. some of the media and entertainment names. laura: we don't know how much it's going to affect hollywood. under the strikes, they prohibited the use of ai for three years of their deals. it won't affect the big studios quickly. runway will be important to the future of entertainment. caroline: to the future

ed: explain what you do.maceuticals in orbit, because the lack of gravity allows you to make new drug formulations that would not be possible with earth gravity. we build manufacturing systems to make those and the reentry vehicles. ed: i failed chemistry in high school and caroline did very well. it won't be stable on earth, that will be stable in microgravity? will: exactly. temperature is part of the process. you change the temperature, the product remains the same. we use gravity for the manufacturing process. caroline: so many questions. how do you get them back? will: we build reentry vehicles. we are the third company ever to build one. spacex, boeing and little old varda, 103 people. mach 25. caroline: when we watch the reentry of spacex, they land in a specific place. if you need a broad landmass? will: exactly. near term we have an unguarded vehicle, which means the area we need is larger. we want to bring those dispersion areas closer, to eventually get to a football field size. ed: very exciting a

ed: and i am ed ludlow in san francisco.aking up to financial markets this is what it looks like. the nasdaq 100 is kind of flat. a modest outperformance in semiconductors. bitcoin has come in under pressure. if you are an investor it is about weighing an escalating conflict in the middle east with economic data, a lot of hype around ai but no strong movement in either direction apart from a few single names. in an interview the ceo saying demand for blackwell, the latest gpu is insane. no direct correlation of the stock at one point trading at its highest level since august. ev go trading at its highest level since may 2023. it secured a loan from the department of energy. those are two movers. nvidia on a daily basis is still the name people are talking about. caroline: because it is worth more than $3 trillion. insiders have been catching in on what is a huge valuation jump. they have sold more than $1.8 billion in shares so far this year. yes menton is here to put this into context. we often see insiders sell shares and

ed: nvidia on plans in india. caroline: plus david einhorn. ed: tesla shares surge. if this holds, on track for the biggest day jump since '21. profit was ahead. part of that was sales of software, part was regulatory credits. they are lowering the cost of production. caroline: elon musk on his growth expectations. >> some estimate, 30% vehicle growth next year. notwithstanding negative events. caroline: are these estimates lofty? >> they are lofty. we cannot rule out the possibility this company won't decrease deliveries this year. part of this was his optimism that they will increase. this 30% outlook next year -- i would like a better sense of how. this company has been talking about affordable vehicles coming next year. we don't know what those are. we have little indication from the company of specifics, even last night. ed: slight growth was the call for 2024. they will have to deliver 514,000 vehicles in the last few months of this year which would be a record. musk was clear about autonomous driving. i felt we got claims about ride hailing. what did we learn?

ed: sophia just came out with earnings. caroline: shares of trump media search again as we discuss the election impact across assets. first, we check on the markets and what some say is a trump trade, bitcoin powering higher, treating at the highest since march of this year. what happened this year? a record high. we hit just below that in march of 2024. all of this is been thought of as risk on, many feeling this is potentially a signal. you are looking at the micro. ed: there are a lot of headlines that have hit the last hour. tesla has seen a lot of volatility. on the trump trade, he said if trump is to office he is more optimistic his lofty goals for spacex and tesla will happen. we will get to that later. paypal gave us guidance that missed expectations. we will dig into that later in the show. and big tech and earnings. i think alphabet is the main focus. it is not just the big ai name. if you think about it in the stock context, it has been disappointing for many investors. they want signs that money being spent tran

ed: banks can be sensitive to pricing. there is curiosity not just as a consumer but at the enterprise level as well. reports are at the corporate level you are thinking about $2000 ahead. how are you managing us? of us insight? -- give us insight. sarah: we are trying to think about value and what this person is getting from this tool. i do not think we have done a great job of that yet. despite that, we have 250 million active weekly users and 6% have converted. they are paying. when we were rolling out our reasoning model, this is a model that stops and thinks for you. it actually does hard problems. i was watching a lawyer use it to create a brief. at the end you said -- we said, what would you have paid for that? he said easily $2000 per hour. this is someone using it, probably $60 per month. this is someone who would have paid 1000 2000 dollars per hour, so there is a lot of value in the product today, but we are just trying to make sure people can get started and see the outcomes and over time we believe the value t

ed: buckle up.is going to war with a man who owns a website with the name "open ai," with the space. this man claims to have invented the video sharing technology later made famous by tiktok. it is an incredible tale. incredible reporting. it is probably one where chronology is important. let's start at the beginning. open ai and openai were born at the same time. take us from there. >> guy ravine, a technologist, inventor, who lives in silicon valley had come up with an idea, and he can document this, for open ai. the idea was it would be a nonprofit engaged in deep learning research and the way that they would lure researchers away from google was they would say that everything would be open. the research would be open. it would all be done for the benefit of humanity. if you know anything about openai, that is also origin story. they just launched some months after ravine can document he was pitching the story, they launched in december of 2011. caroline: the pitching is important because you ini

ed: i'm ed ludlow in san francisco. we are modestly higher.hat we are all waiting for. doing well, the names you expect. that makes alphabet's decline all the more pronounced. you have gone big on that story in the show. a preliminary proposal for the doj to propose the breakup of google. it will be over a number of months that the process plays out. another name i am looking at is tesla. earlier today, i wrote a story with my colleagues that one of the things elon musk will talk about at we robot is the pathway to be used for a semi-truck. when you look at a 10:00 a.m. eastern time mark, the stock went from negative to positive territory. i think there is a lot of interest about the future of semitrucks, but we are waiting. are we going to get? a purpose built rubber taxi some description. that is the market, if you are just joining us. let's turn our attention to new york. the global macro conference is underway. sonali basak is with the citadel ceo. >> we are already ahead in many of these instances. i think we will see at least for this ne

ed: a futex stocks. disney has named the former morgan stanley ceo james gorman as the new chair of the board and promising to name a new ceo early 2026. microsoft has new ai agents. it is taking on salesforce for the we go to our correspondent on that. look at the u.s. shares of the time any continuing to gain momentum. we have a very important interview with taiwan's p remier when we talk about the golden jewel of the industry but also the broader context of what is happening in semiconductors. you don't want to miss it halfway through the program. caroline: we returned to the macro picture, because earlier today muddy waters capital founder carson block joined blooming television and offer this pretty bullish advice. >> there is a debate on what really drives when you talk about the was markets, especially the s&p 500 or hte mag 7. i am in the camper that although i have -- i don't have the facility map to prove this out, but i'm in the camp that believes that will drive the next a -- drives the index

ed? ed: coming up, top bank in ai. we will talk about it next.s is bloomberg. ♪ caroline: welcome back to "bloomberg technology." ed: taking a quick check on the markets, the s&p 500 is off session highs but i one point reached a new high on an intraday basis with technology having a park to play. many names to the upside. nvidia, you will not be surprised to hear, is one with some carry through on the optimism around tsmc guidance. for those just joining us, those are the tsmc listed shares. this is the contract manufacturer of chips of the world saying yeah, things are pretty good, 2025 outlook looking pretty good, in stark contrast to what we heard from asml, the company that makes machines that makes the chips. netflix is down 1% and i flag it because we are going to talk about it later in the show with its earnings after the bell. maybe that is positioning? who knows. caroline: in the financial sector, ai adoption is rapidly increasing. the rate of ai utilization is happening twice as fast in the top performers and top 10 banks of the index.

ed: so much in that world.ears as the technology, internet, and media sectors are expected to add more than $1.1 trillion of global growth according to activate consulting's 2025 technology and media outlook. the company's ceo michael wolf is with us now. reading the report it is not just of the density or global nature of it, but the near-term jump you see. the 2025 outlook. but by the time you get to 2028, these are big numbers. what are the top line conclusions you have drawn? michael: couple things. first, we are talking about roughly 400 billion dollars in incremental revenue to consumer. the consumer in technology, media businesses. and another $700 billion additional revenue for b to b. ucb to be will grow -- you see b to b will grow three percentage points faster than the consumer side of the business. when we look at as we are very optimistic because there were still be -- will still be a lot more money coming into the businesses. caroline: can you spell out the underlying data you used to get to the n

ed? ed: time for talking tax. plummeting last week after they slashed production a miscommunication between rivian and the supplier left the carmaker without access to copper windings, a core component and its electric motors. u.k. is opening an office to speed up approvals of ai, drone and other new technologies. the regulatory innovation office is designed to reduce the time on to renew his way to get inventions to market -- entrepreneurs wait to get inventions to market. google will joined microsoft and amazon in nuclear to fuel the ai boom. caroline: what a show. what a lot of breaking news. that does it for this edition of "bloomberg technology." ed: check out the pod. you know where to find it. this is "bloomberg technology." ♪ ♪ ♪ with so much great entertainment out there... wouldn't it be easier if you could find what you want, all in one place? my favorites. get xfinity streamsaver with netflix, apple tv+, and peacock included, for only $15 a month. ♪ >> live from bloomberg's world headquarters in new yo

ed: apple preparing to announce a new low-end iphone. caroline: we talk to tech heavy hitters later, the ceo of pinterest. ed: tesla posted its first increase in quarterly sales this year but deliveries came in below the street. shares down sharply. they were shy of the estimate, this ahead of the robotaxi event next week. craig joins us from london. the data is interesting. the volume products beat. the other bucket, sx and cyber truck missed. >> this is a case of a narrow beat giveeth and taketh away. the shares are quite volatile. one quarter ago they barely exceeded expectations. i don't think we learn a ton from the numbers. we generally see an upward trend sequentially and year-over-year. if you pan out and look at the trend going for the back we see a general flattening and lack of growth from the company. year to date basis, we may see a decline if trends hold. we've seen them drop 2% for the year. this company priced as a growth stock having trouble growing. caroline: in china? craig: the expectation going into numbers was the c

ed: and i'm ed ludlow in san francisco. social media kind of a focus.us up the most in six months. user growth looks good. sales have gone above expectations. they have done work on advertising to make them more relevant. also reddit, biggest jump since ipo day, march 21. a strong outlook for the holiday quarter. again, add a business, but they have the data licensing side with ai as well. and then meta up .8%. i think this could be a mega-print. the social media company, the ai company, the biggest runner of data centers that no one talks about. that kind of stuff. caroline: someone talks about all of it. we are pleased to have age accounts, across a flurry of social media moves. let's start with snap. they are managing to show that they can still get growth outside of the u.s., it seems, and also people subscribing. >> snap story is interesting. as you mentioned, they tend to have a lot of volatility. sometimes they are not rewarded in -- awarded, but they put a lot of money, spent a lot of money on artificial intelligence. it really is coming to frui

ed: exactly. if you're a technology investor, is that what it is really like when you get economic data like this? anna: you know, maybe, maybe not. it's not like that for me. we are long-term investors. it is exciting and i do already is a bait and some of the excitement in the short-term, but again, if i am looking at ai, i am looking at the long-term potential. this one job number is not going to do anything for me. so yes and no. i do participate, but it does not affect what i do. caroline: if it doesn't affect what you're up to, let's think about what it affects in terms of market sentiment for big tech and the opportunity to see consolidation. we've seen themes of m&a, web out of dire need and distress, like what we saw in the pay-tv deals earlier this week. we now hear of reports that companies that have been really beaten up from a market cap perspective are being eyed to take private. is that something we will see even as rates come down? anna: the rate have to come down considerably. tal

ed: i'd ed ludlow in san francisco.oline: we are trying to digest the shock announcements of asml which managed to pummel some of the chip sector yesterday. today we see a little reprieve. we seem to flip-flopping between gains and losses on the nasdaq 100 more broadly. drill into some of the individual movers. despite the c.e.o. coming out to explain the numbers, asml is still under pressure. in terms of its a.d.r.'s traded in the united states. see asml under pressure. interestingly the chips sector more broadly is bouncing back. nvidia in the green. this isn't an a.i. story. a.i. remains the bright spot. the sad spot is the consumer teixeira, p.c. volume, smart phone. that's were you eapple under pressure by 1.4%. ed: news from the aerospace sector. airbus is joining boeing in cost cutting measures. the european plane maker will cut up to 2,500 jobs in the defense and space division. that's equivalent about 7% of the workforce. the company decided it needs to step up to adapt to what it called an increasingly difficu

ed, what are you looking at? ed: quick check on ebay. the stock down more than 8%.ull cost of the key holiday period was lackluster. i think it is an interesting one because we talked about doordash and uber in their final three months of the year. everyone -- there is singles about consumer behavior that investors do not like what ebay saying. this is "bloomberg technology." ♪ ed: cloud communications player twilio's third-quarter earnings beat estimates, and the company has raised its full-year revenue outlook. here with twilio ceo khozema shipchandler. there has been this restructuring since you came in as ceo, or jumped to ceo. which is working best? khozema, i wouldn't call it restructuring. it is steady progress, very good financial discipline, operating rigor, a lot of innovation focus. what you are starting disease that show up in terms of accelerated growth -- starting to see is that show up in terms of accelerated growth. we are starting to become a beneficiary of the ai wave. ed: let's expand on the innovation part the back story with twilio was investors

ed: thank you very much.oming up, dell is set to start shipping out servers with the newest nvidia chips. we will speak with arthur lewis next. this is bloomberg technology. ♪ ed: nvidia's roll out begins with dell. they say they are ready to begin shipping out devices with the chip next month, a sign that production at blackwell is back on schedule. we are joined now by arthur lewis of dell infrastructure solutions group. it has been reported about blackwell, delay or no delay. i guess the starting point is to ask if this was a surprise to you, that you were able to adjust or pivot and then ship next month unexpectedly. >> first it is great to be back and thank you for having us on your show. not unexpected at all. we have been working on this very hard. you think about the innovation we have been delivering from the start of the -- to what we acknowledge -- announced from our infrastructure. we talked about the fact that the blackwell product was on the roadmap and would for customer testing in the second h

ed: thank you very much.nother thing we are tracking is tesla earnings after the closing bell today. what do you expect. who leads a global coverage. this is important print and an important pool. there's a long list of investors -- things that tesla fans and owners will want to know about. >> deliveries wise we know they were up a little bit for the quarter. the question will be how they pull that off. to what extent were the able to keep pricing firm. the expectation generally is that earnings may actually dip a bit in terms of because of the fact this is a company that is still highly reliant on the model 3 and model y and those products are a bit tired and in need of some upgrades. we didn't really see the model y -- the model 3 refresh really move the needle. i would be interested in whether he hasn't thing to say about a model y refresh great he's ruled out anything coming before the end of this year. but that i think is something everyone expected being a part of these more affordable models that the c

and he said, ed is missing. i'm like, what do you mean, ed's missing?said, well, his back door is standing wide open, the tv is blaring, and his car is gone. what was that like? scary. keith morrison: yes. and scarier as the police kept searching. and there was a holster draped over a chair. it was empty. it looked like someone had left in a hurry and not come back. keith morrison: as though something had caught ed's attention, made him grab his gun and cellphone and run outside. and now they were lying in blood-stained grass and ed was gone. so the cops put 2 and 2 together, figured ed's might be the second body in pam's burned-out car. as if by some dark wind, the news blew down main street, to marlene's house. i was a nervous wreck. and so my brother-in-law said, you need a gun. keith morrison: but someone would want to know-- should be told what she knew. she raced over to tell police about the interrupted call with pam at 5:30 pm, about that sound she heard-- that little squeal or gasp-- how scary it felt, like some bad thing or person was in there

ed: why do this? what is the motivation?hink of the scale they operate on, 3.3 billion users across different services. people are getting locked out every day. they cannot keep up with this from a human standpoint. they need to automate these things. they are seeing here is a way to do this quicker. presumably in the future it will be cheaper. i think it is part of their overall push toward ai. caroline: in 30 seconds, there is a complex relationship with facial recognition technology and meta the past. kurt: meta has been sued in the past for using technology to profit without giving users appropriate recognition, appropriate way to opt in. this is a type of technology they have been hammered on in the past. they walked away from it for a couple years and now it feels like they are back into it. will be interesting to see if more lawsuits come of them trying to get back into the facial recognition space. >> great reporting, thank you. coming up, our conversation with gary gensler. this is bloomberg technology. ♪ ed: we wel

ed: taking a quick look at markets.hard to summarize what's going on beyond strong jobs data on friday for the month of september paring back the increment we expect to cut rates. modestly lower basically flat. the semiconductor index is flat. there is some single names moving to the outside. bitcoin pushing above 63,000 u.s. dollars per token print there's a lot of analyst noise out there. apple was downgraded over iphone sales pessimism for the analyst says high expectations for the iphone 16 and 17 are premature and analyst note on an iphone 17 that does not even exist yet. caroline: one that we will be digging in with another analyst at the moment. but let's talk about what doesn't does not exist. mark is with us and you been writing over the weekend about the cadence with which apple gives us products and ultimately about the timing mismatch perhaps with what's actually on the market. >> it's interesting because my point over the weekend i think is very much connected to what analysts are now seeing. some of these

ed: the seven will continue to work. these are great companies, but the market broadens to the s&p 493. the other five stocks on the s&p 500, not that they have completely done nothing -- it has been a pretty broad market when you look at it from where it started to where we are now. just about everything is up at least 20% in the s&p 500. i would not go into the russell 2000 or the s&p 600, the small caps, because i think the market demonstrated you need a scenario where interest rates are falling , and i think that scenario is being taken away from those kinds of stocks. i would broaden that out into the s&p 493. the sectors we like our technology, including communication services, and navy brought an out within those sectors. the financials look great. the banks have reported greater earnings. industrials look fine to us. the one clunker we have had is energy. we view that as a shock absorber for geopolitical risk. along the way, gold looks fine and silver looks fine. it seems like it is a hedge against the u.s. impos

ed? no . ed, should we scrap foreign no. ed, should we scrap foreign climate aid? no .ment. climate aid? no. no agreement. ed, should we frack our own gas? no. chloe ? yes. or chloe ? should no. chloe? yes. or chloe? should we mine our own coal? yes. no. i want to come back at that one with you and number five. ed, should we have kept a coal burning power station just in case? >> no. >> no. >> sorry. can you reread the question ? question? >> should we have kept a coal burning power station open just in case? yes . burning power station open just in case? yes. five. burning power station open just in case? yes . five. oh, that's in case? yes. five. oh, that's pretty good. well done. ed, first time on the show . shaun first time on the show. shaun bailey frack our own gas, right? >> no . why? because if we look >> no. why? because if we look at all those historical things, we're never going to get anywhere. >> you know where we're already buying it from? >> america. >> america. >> it's nothing about what we're doing today. it's about investing for the future. we have a m

an aspiring chef named ed. police asked ed to come down to the station.ily admitted that him and jesse had, had sex the day before the body was found. keith morrison (voiceover): and jesse's friends said they saw jesse and ed leave a party together just a few hours before jesse was killed. so detective short watched ed very closely in the police interrogation room when he swore he'd left jesse alive and well on the street outside the party before heading on home. ed said his roommate had seen him coming in. what did you think about him? he was an emotional mess, is how i would describe him. constantly crying. very upset. very scared. the fear of, why am i here? keith morrison (voiceover): did he have something to hide? it was a knife that killed jesse. ed was a chef. he owned a whole bag of very sharp knives. but it was ed's roommate, a man called eric thurston, who really got investigators' attention. eric had his own shady past. a rap sheet for drug possession and stealing and fighting words about the murder. eric thurston and his interview actually sai

ed: the bar is higher. it is so interesting. it sentiment to the magnificent seven has changed since the summer. tesla was a surprise because it beat expectations in a big way and its outlook was one for the both. basically the mag seven group peaked in july. we know they were such a contributor to the s&p 500 the first half of the year. since july they have fallen away. there are questions of valuation. it all comes down to earnings growth. for all of the investment in ai and capex what are they showing in translation to earnings. if you take those announced next week or strip out meta and cleared nvidia, earnings growth expectations are less than 20%. that is still big relative to the index overall. it is its slowest rate of growth at about sick -- in about six quarters. things are changing and the bar is higher as a result. sonali: if the bar is higher how will investors treat the marginal spend? ed: there is just more evidence companies are spending and investing even more. for example, alphabet. it's capex is tracked so clo

thank you very much, ed, and thank _ reeves. thank you very much, ed, and thank you _ reeves.ou very much, ed, and thank you deshawn i reeves. thank you very much, l ed, and thank you deshawn and all of— ed, and thank you deshawn and all of us — ed, and thank you deshawn and all of us for having us here today _ all of us for having us here today it _ all of us for having us here today. it is great to be here today. it is great to be here to announce the {21.7 billion fraud — to announce the {21.7 billion fraud to _ to announce the {21.7 billion fraud to ground—breaking projects in teesside and in merseyside. they will be the beginning of a new chapter in our industrial history, a chapter— our industrial history, a chapter we are making together. the clusters will secure our leadership in clean technology, 'ust leadership in clean technology, just as — leadership in clean technology, just as we went on powering the last industrial revolution. carbon— last industrial revolution. carbon capture technology is not just _ carbon capture technology is not just about cleaning up our i

there's ed's why -- first of all, 50 was a mistake. you don't have to do that because the economy is strong. so that's one points of view. the other side is, well, they're cutting and they did 50 because they're just too restrictive relative to where inflation is, right? >> yeah. >> they just don't make sense where rates are. >> that's a interest rate argument the idea that if inflation is coming down and you leave the fed funds rate at 5% then the real rate's going up and i find that almost to be comical. wait a second. you're comparing an overnitrate, a fed funds rate to aier over year inflation rate? who makes the decision based on that? the bond market you can adjust for inflation. i can see that, but this whole real rate argument doesn't make sense to me. to me, you watch what the economy is doing and the economy has no problem with interest rates at these levels. >> so you think rates are up for the right reasons? >> yes. >> because the economy is seeing rates -- >> yeah. >> at some point, is that a problem for stocks? >> not if

expensive. >> thank you ed. .o ameriprise. i'm sam morrison. my brother max recommended you. so, my best friend sophie says you've been a huge help. at ameriprise financial, more than 9 out of 10 of our clients are likely to recommend us. our neighbors, the garcía's, love working with you. because the advice we give is personalized, -hey, john reese, jr. -how's your father doing? to help reach your goals with confidence. my sister's told me so much about you. that's why it's more than advice worth listening to. it's advice worth talking about. ameriprise financial. at contango ore, we don't send rockets and satellites into space. we explore for gold on earth, and we've been successful. we have an innovative approach to developing alaska's next gold mines. visit contangoore.com. maria: welcome back, first andible only vice presidential debate in new york city americans get to know j.d. vance and tim walz better, as they get down to key issues, what is said to be the final marquee event before the election all the d

ed, you've been following this. messaging from the harris cap has been that governor walz's nervous heading into tonight. is that true? is it the team downplaying expectations culture mark. >> ed: to some extent, downplaying expectations. good evening from the room just next door. the spin room here. the walz team tells us they have spent the last four or five days in michigan preparing and what they called camp north star. the nickname of his home state of minnesota but it's also a mind-set they want him to keep be himself. the folksy, plainspoken governor that has earned quick attention and over the last 56 days become the democratic running mate. the idea being that if he can talk about defending the harris agenda, talk about what he's done as governor, keep it nice. hopefully it works. notably he's been rehearsing for tonight's debate alongside the transportation secretary, pete buttigieg. a democrat known to the country over the last several years as someone who does a good job of speaking to republicans. the i

no, ed miliband .nute change. >> sorry, mark. i flirted with you there, and i just snatched it away at the end. no, it's going to be ed miliband. if you're wondering why, why? if you're wondering why, why? if you're and you're watching this on catch me, please rewind to the top of the 9:00. because we've got stuck right into this. ed miliband has basically admitted that his net zero push is going to make us all shivering during blackouts this winter, which is absolutely bonkers. well, look, i have thoroughly enjoyed tonight's show. thank you very much, everybody. this is fast, fast becoming my favourite night of the week. don't tell the others, but it is. i love this panel. even if you don't like each other very much. thank you, thank you, thank you. headliners are up next and there's a heck of a lot for them to go at as well. in all of the papers, they're going to be having a much more detailed look. and thank you very much. everybody who's been getting in touch with me, even by post here @gbnews to h

i want to bring in yardeni research president ed yardeni.d, there have been 15 market melt-ups since 1947, but warns there were years like '29, obviously, 199 where melt-ups were followed by massive crashes. how to do you assess the risks that are out there? >> well, i think the massive crashes to or curred because the melt-ups were -- occurred because the melt-ups were followed by recessions. speculative bubbles burst. very often they can cause a recession or be part of the events that lead to recession. the current cycle has been totally wacky. i mean, we haven't had a credit crunch, we haven't had a recession despite very tight monetary policy. we are seeing the stock market at an all-time record high. ever since the fed started lowering rates, and i think they kid a little bit too much too soon, but that's what they did. and since they did it on september 18th, since the day before that the nasdaq's up 5% in a little over a month. the s&p 500's up a little over 3% in just a little over a month. so it's certainly, has the aspects of a mel

ed, welcome back to the program.et's talk about this trend of going to your opposition's backyard. how powerful do you think the effort is? ed: i think it is an important way of trying to nationalize the race in the final days. going to texas gives an opportunity to give the senate candidate is challenging ted cruz, allred, a boost of support, but also gives an opportunity for kamala harris to talk about abortion. we will see her next week at the national mall. she is in the early stage of making that closing argument. for former president donald trump, we see the stadium tour, trying to show his movement is truly national. we have had a huge focus on the swing states, but in the closing days, i think you try to nationalize the race, make that posing arguments, try to have that attention in all states, and try to see if you can go on the offensive. see if there are some say that does not seem to be on anyone's map right now that could flip. we saw that in 2016, 2020. we see that in 2024. annmarie: for kamala harris,

secretary ed the way energy secretary ed miliband has gone. pylon mad, even though there is a suggestion that if he waited a few years, cables underground would potentially be cheaper saving the british taxpayer money. ed miliband is trying to push ahead with his pylon plan, so would you be happy with the pylon in your backyard? i've got a pull up right now on x asking you that question . then in my you that question. then in my niggle, which is coming up next, the king and sir keir starmer face demands to pay £200 billion in reparations over britain's role in the transatlantic slave trade. but should they cough up the compensation? really? then the compensation? really? then the interview. i'm joined by fashion designer extraordinaire jeff banks. he's going to be here live to talk about his remarkable career, from dressing annie lennox to his friendship with vivienne westwood. he's doneit with vivienne westwood. he's done it all. you won't want to miss that. he'll be here live. then, of course, supplements sunday is on the way. but then, of c

ed foster in beirut. thank you once again _ in gaza. ed foster in beirut. us i you once again for navigating us through all of the last half an hour. we will talk again in the coming minutes. let us turn to politics here in the uk. the latest round of voting in the conservative party has seen eliminating tom to cannot. three candidates still in the race for the tory mps will vote again tomorrow to lead the final two with the eventual winner by conservative party members at the start of november. back to west minister, back to our political correspondent helen, thank you for waiting whilst we were in that sequence of developing news from the middle east. take me through the numbers, first of all. this afternoon _ numbers, first of all. this afternoon we _ numbers, first of all. this afternoon we had - numbers, first of all. this afternoon we had the - numbers, first of all. tw 3 afternoon we had the penultimate vote on mp5. tom hezbollah do you tugendhat went out in the last round. the big winner of was james cleverley who went from a an ecstatic 21 to 39. w

you're a commentator is, ed herlihy. washington capital of the united states. now the focal point of the free world. tomorrow here, american history lives in monument to heroes who preserved our freedom. here again, the battle for liberty is centered. in washington. in wartime, his people are busy who pass through these gates in a never ending stream. important people. little people, humble people. young and old. all determined to give their in our nations our peril. here at the portals of the union station. president roosevelt frequently comes to welcome distinguished visitors from other united nations. president and prime minister feel a genuine warmth and sincerity of a washington welcome as they pass down historic pennsylvania avenue through the skyways statesmen from war ravaged countries across the seas come to the shores of the potomac to personally participate in great war decision. secretary of state ho veteran diplomat is often present to greet foreign statesmen or upon departure to wish them godspeed. this newest public in wartime washington, among t

yes to net zero, but no to ed miliband's mad plans.uilding again, defending our nation and culture, building a small state that actually works, not a big state that fails. five changes that our new conservative party will make. five stands that this new conservative party will take. as your leader, i will take a stand. the new conservative party will take a stand. stand up for what is right. stand up to those who are wrong. stand up to those who are wrong. stand alongside the hard—working men and women of this country who make britain great and can make her greater still. our party is at its best when we, friends, are the trade union of the working people of this country. from our seaside resorts to our rural outposts, from our industrial heartland is to our village greens. from world—class cities like this one to the towns i grew up in and am proud to represent. britain rises when all our people rise, all of them. so let's help them to rise again. 1974, 2024. a country facing huge challenges. a labour government already out of answers

you played a critical role during the pan dem and i can ed.uatns that residents t engage and participate in■& government. thank you for decades of informing and inspiring and connect the peopleo as the voic i'm supposed to be at. i feel it in my heart. >> never in a million years thought i was going to be a police officer. >> [indiscernible] >> in san francisco you are dealing with a lot of mental health, narcotic use, and i'm glad i experienced it home personal, because then i take it to realize situations where i just understand it better. especially when kids are in the family home. growing up i wish i had somebody to talk to and i'm just glad i'm there to help people sit down and talk. >> when distany was 3 months old, i started baby-sitting destiny and destiny mom and dad were working and doing pretty well for being they were so young, and then later on while her siblings were born, then they got a little too much for both of them. they were not getting along well, and they both went their separate ways. and i stood with the children. i p

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new eroxon ed treatment gel.few plays left. how about you? ♪♪ hey, grandpa! grandpa? let's go! i still got it. ♪♪ we thought we could play. ♪♪ [cheers and applause] >> desi: welcome back to "the daily show." we've been discussing how the candidates are trying to secure the votes of key demographics. but there's one demographic they might be forgetting. troy iwata has more. >> like most presidential elections, this election will be determined by disengaged working-class independent voters from a few midwest states. so i'm at a gathering of such voters in thornhill, ohio. okay, it is 2024. we have a very exciting presidential election come up. everybody is really happy about it. who are you voting for? >> [bleep] nobody. >> no. >> are you going to vote? >> hell no. >> why don't you plan to vote? >> because you are voting for two people who pretty much doesn't care about your existence. >> there is nothing that has been proving it for as low income people, it has been [bleep] shit. >> i have never voted in my life.

new eroxon ed treatment gel. [cheers and applause] >> desi: welcome back to "the daily show."cks, lewis black catches it for a segment we call "back in black." ♪ ♪ [cheers and applause] >> i hope you've all registered to vote, because like matt gaetz at a high school dance, the election is ominously approaching. i, for one, am excited. with 21 days to go, we still have no idea who the [bleep] is going to win! and that's all thanks to one very special group of morons. election day, the race to the white house, it is getting tighter, and the candidates are putting a laser focus on undecided voters. >> undecided voters in battleground states could decide it all. >> that small sliver of undecided voters that are going to make or break this election. >> oh, yes, undecided voters. the same people you see at the ice cream shop asking for 12 mini spoon samples. it's a $3 cone, asshole! how is anyone still undecided in this election? at this point, choosing a candidate should be easy! look, it's like a lube salesman deciding if he should swing by p. diddy's house. he has all the inform

so, ed, what are you hearing about? what happens now to figure out, kate, but it is impossible to overstate the drama. >> have how all of this unfolded last night as robert roberson was in a cell just feet away from the death chamber where he was supposed to have been executed at 6:00 p.m. yesterday and then almost four hours later as he sat there waiting, unaware of all of the legal fighting that was going on outside. the texas supreme court stepped in and issued a stay. and essentially, what is going on is that texas lawmakers had subpoenaed robertson to appear before a committee investigating the medical evidence in his case next week scheduled after the so those lawmakers were in a legal fight with the texas attorney general's office, ultimately, the texas supreme court stepped in outside where his family and supporters had been waiting to hear this news. they were ecstatic like i said, justice has finally been served here. we he's been railroaded from the very beginning. it's taken almost 22 years, protects us to s

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ed russo, environmental specialist.ver i have a problem, i call ed russo and he solved the problem. we appreciate it. and somebody who has been a great defender of ours on television, on fox and elsewhere but particularly on fox, elizabeth. where's elizabeth? she has been so great. thank you. and one of the greatest business people in the country, in the united states, and i think actually beyond, and she's been a fan and i have been a fan of hers but she has been a friend for a long time. you look well. we are here this evening in solemn remembrance of one of the darkest hours in all of human history. when year ago today every civilized person was filled with shock and horror and grief at the news of an evil so absolute that nobody has seen anything like it. it can fairly be described. you cannot describe it. october 7 was not just the deadliest day for the jewish people since the holocaust. it was not just the worst terror attack since 9/11. it was an attack on humanity itself. it was a hideous, incredible cruelty. it

gift of ed lee bust and removal of james phelan bust discussion and possible action. discussion and possible action. discussion and possible action. discussion and possible action. discussion and possible action. discussion and possible action. discussion and possible action. former mayor ed lee to the city from rose pak community fund, nonprofit corporation. discussion and possible motion to amend to amend to amend to amend bust of former mayor ed lee (valued at $96,500) and accompanying maintenance endowment (estimated at $2,000) and other associated costs. >> i'm now introducing the director of the public art program mary chou, director of civic art collection and public art program. >> i bring this motion to you commissioners may recall this was approved by resolution in november and december of necessary that president collins read and the rose pack the donor being rose pack is appropriate by the support of formerer mayor and honored to gift the former mayor ed lee and joined by the art member eric i'm going to i'm going to turn it over to eric to see if he has a

--ed: maybe. it's hard.re is a phrase that was used earlier by the china open anchors, which is the dream trade. this is the dream that tesla has , but the reality is that they are in the business of selling electric vehicles. a higher rate environment around the world has made that very hard. they are having to do that. whatever the dream is in the future, they had to continue operating in drawing profit doing that business model. so, it will be a very long time before this is a reality. the unanswered question, inventory approval. haslinda: ed ludlow, bloomberg news technology reporter and cohost of bloomberg technology. plenty more ahead. keep it here with us. this is bloomberg. ♪ instead of trying the latest weight loss fad join over 5 million people that have switched to golo as a better way to lose weight with golo you simply take one release supplement with each meal and follow the golo for life plan the seven natural plants and three key minerals in release helps support weight loss by targeting body

bocelli, just celebrated his 30th anniversary with a brand new album with a who's who of stars like ed stefani. abc's rhiannon ally sat down with the legendary tenor to talk about his cool duets and his upcoming disney+ concert film, which features a father son collab, a score to be on me, a branch of bocelli, welcome to nightline. >> thank you very much. >> your music transcends opera. you have fans of all genres looking back to getting your start in italy and starting in piano bars, did you ever dream this is where you would be today? >> i think that the reality went over my dream because no, i couldn't, i couldn't think this for me would have been it would have been enough to leave with my with music. for me, it was important to, to live next to the music. but i couldn't think this big success. it was impossible. >> and now your music moves so many people to tears. your new album is duets and it features some incredible collaborations. you have karol g with vivo por ella. and >> under this banner mas negra espanto and shania twain with destino and my dreams because are you? >> how d