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j.p. morgan personal advisors. hey david. connect with an advisor to create your personalized plan. morgan wealth management. >>> just into cnn, house majority leader steve scalise has been diagnosed with what he is calling a very treatable blood cancer . in a treatment, scalise says he has begun treatment and he will return to washington. boris. >> the big bend area of florida should be prepared for catastrophic storm surge, and heeding residents to seek storm shelter, and ron desantis is now speaking right now at duke energy. >> we are staging assets ready to deploy as soon as it is safe. these companies have called in linemen from throughout the southeast as well as far away of places like nebraska who are ready to roll as soon as the storm passes. there are over 25,000 linemen already in florida as of this morning, and by the end of the day, we anticipate that to be between 30,000 and 40,000 linemen that will be here prior to the arrival of the storm. then we will move in to restore power as soon as the storm passes. now, linemen are staging as far south as tropicana field in st.

j.p. morgan personal advisors. hey david. connect with an advisor to create your personalized plan. ight investments for your goals okay, great. j.p. morgan wealth management. >>> so, in the next hour, national hurricane center is going to release an updated track on the tropical storm idalia, and it is taking aim at florida right now as it is gathering strength in the warm waters of the gulf. this is expected to be category 3 hurricane when it makes landfall on wednesday. emergency officials are warning that the storm could also cause tornadic activity and last hour, the florida governor ron desantis urged people to get to higher ground. listen. >> a lot of people thought that it would end up being a tropical storm. then they said maybe a category 1, and then yesterday, it is maybe, oh, maybe cat 2, and now, there is not really anything to prevent it from continuing to strengthen. it is going to be a major impact, and florid yens, should expect that the storm is going to be a major cat 3 hurricane. >> meteorologist eric van dam has the latest forecast from the cnn center, and what s

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j.p. morgan personal advisors. hey david. connect with an advisor to create your personalized plan. nd the right investments for your goals okay, great. j.p. morgan wealth management. david: the turbulent month and dutch nat gas futures, this is up 10%, one day, up another 20, and i think we were up another 20% under night -- overnight on the back of new information of possible strike action threatening more of what we have seen the last few weeks. chevron workers in australia are giving notice that they will be stopping work if a deal on conditions cannot be reached. paul allen is here with us. get us up to speed. paul: they were able to reach a deal last week, but at chevron, this was not completely unexpected. discussions between chevron and the unions have been going on a while now, but on monday night, 500 workers at chevron's facilities in western australia voted to strike. that does not mean it is going to happen. there could be a number of stop work arrangements from not performing certain tax all the way through a strike itself, and if any action does take place, it would be

j.p. morgan personal advisors. hey david. connect with an advisor to create your personalized plan. t's find the right investments for your goals okay, great. j.p. morgan wealth management. vonnie: this is "bloomberg markets." francine lacqua caught up with nancy close the head of a charity event. they discuss the political situation in china, russia, and ukraine. sen.pelosi: what is happening in ukraine is a challenge to democracy, not just there and nato countries, but to the world. what a tribute to democracy the ukraine people are. putin does not share any values of a democracy of justice, of respect for the lives of people, concern for children or anything. he is frightening but what is also frightening is a former president who thinks that is okay. it is so sad and so extreme. everything to be is not frightening but any opportunity. francine: when you look at china, for example, what the u.s. has been doing and how they should treat china. sen. pelosi: china is a big country and we have defined an accommodation on how we treat each other. china has been a violator of transferri

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j.p. morgan personal advisors. hey david. connect with an advisor to create your personalized plan. morgan wealth management. >> martha stewart is getting an icy response over what she put in her drink. she posted the photo to social media on a cruise to greenland, telling fans w we actually captured a small iceberg for our cocktails tonight. but internet critics were not pleased, labelling it as dystopian and bleak. one saying wealthy white people drinking iceberg cocktails while the planet is in flames is a bit tone deaf. kennedy, you feel strongly about this. tell us why. >> i am team martha. she knows something here, she knows how to make the best butter cream frosting. also the best shade of robins egg blue to paint your barn, i'm with her on the iceberg, probably delicious, anti-aging. people -- the icebergs are going extinct and she clubbed a baby iceberg to death. it's -- it was going to melt anyway, she rescued it, and put it in something that looked like baileys and milk, offer her a high five. >> i'm not making iceberg jokes on a cruise, i'm superstitious, never do it. th

j.p. morgan personal advisors. hey david. connect with an advisor to create your personalized plan. for your goals okay, great. j.p. morgan wealth management. ed: let's head to space, the crew dragon space x -- spacecraft launched by space x launched and docked with the international space station. bloomberg news space reporter here with more. it is getting routine but they tell us -- but tell us about this mission. >> it was the seventh operational prude flight. they have an ongoing contractor sent ash announced to the international space station and this crew was an international group. there was a nasa ash not, a australian are not, and a russian cosmonaut. -- i nasa astronaut, and australian ash not in russian cosmonaut -- nasa astronaut, an australian astronaut and a russian costume and not -- russian cosmonaut. caroline: you broke some -- ed: you broke news friday that starship come the explosion in april had an environment to impact. >> there is a lot of going in space and plenty going on down here on earth. a lot of people might remember the space x starship test launch in a

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j.p. morgan personal advisors. hey david. connect with an advisor to create your personalized plan. the right investments for your goals okay, great. j.p. morgan wealth management. haidi: today bloomberg big tech takes a look at how the west may be strengthened in the geopolitical struggles with the current struggles in the world number two economy. there is a feeling that this is certainly an element of being a structural slow down. it is interesting because we hear the sentiment from the american chamber of commerce or british chamber of commerce saying there is more of a receptiveness to foreign investors in this environment. >> yeah. we have put some reporters to work in the g7 capitals to try and get inside the power of this one because we have seen with the outside economists think and there is a concern that this is not just a cyclical slowdown but there are structural issues here and it will be a hard fix for china. we wanted to see what those in policymakers circles thought, and it was a view echoed from those in policy circles, a view that this is more than just a little s

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j.p. morgan personal advisors. hey david. connect with an advisor to create your personalized plan. e right investments for your goals okay, great. j.p. morgan wealth management. alix: stocks higher, nasdaq 100 popping. volume not as bad as it was. abigail: bitcoin gets a piece of this action, up 5.2% on this grayscale ruling. this area of congestion could prove to be bullish. if it is, bitcoin could go up another 5% this week or next. grayscale soaring on the day. we will see grayscale leading this risk-on mood is the grayscale court ruling has paved the path for a potential bitcoin etf off of its highs. not shabby. the s&p 500 session highs, nasdaq 100 up. best three days for the s&p 500 since early may. and take a look at yield spread every 10 minutes, going down more. two year yield down 17% on some of the weaker data. overreaction on the part of bond traders but even so, look at this chart. we have been following this for many days. even the s&p 500 clearly above the august downturns. that suggests there could be some more strength ahead. dani: that rally of that jolts data is r

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j.p. morgan wealth management knows it's easy to get lost in investment research. get help with j.p morgan personal advisorshey, david! ready to get started? work with advisors who create a plan with you, and help you find the right investments. so great getting to know you, let's take a look at your new investment plan. ok, great! this should have you moving in the right direction. thanks jen. get ongoing advice; and manage your investments in the chase mobile app. alix: recent data moving markets. 10 minutes ago you got jolt. a bigger than expected drop. maybe the fed is closer to the end of it cycle. consumer confidence dropping. it is affecting the real economy and you are seeing equities move higher. yields dropping like a stone. the dollar reversing as well. volume is still really low. four people are trading right now but it does set us up for a funny question of the day. coming into today we were like, what is going to shake of the market? what is the data? maybe we saw it. maybe it was jolt. katerina simonetti, senior vice president morgan stanley joining us now. katerina: they are very active four

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j.p. morgan personal advisors. hey david. connect with an advisor to create your personalized plan. tments for your goals okay, great. j.p. morgan wealth management. >>> and welcome back to "the lead." we're staying on top of the latest forecast track of hurricane idalia as it barrels through the state of georgia. we're expecting an update on the storm from the national hurricane center in just moments. and we will bring that to you at the top of the hour. until then, let's turn momentarily to our politics lead. senate minority leader mitch mcconnell, republican of kentucky, had another episode where he froze and was unresponsive during a news conference. it happened today in covington, kentucky. >> -- running for re-election in 2026. >> oh, that's -- >> did you hear the question, senator? running for re-election in 2026? >> yes. >> all right, i'm sorry, we'll need a minute. senator. >> come with us. >> okay. >> does anybody else have a question? please speak up. >> -- in november? >> senator, daniel cameron, do you have a comment on daniel cameron? >> the race is going to be very cl

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j.p. morgan personal advisors. hey david. connect with an advisor to create your personalized plan. he right investments for your goals okay, great. j.p. morgan wealth management. ed: sales tech platform apollo.io raised $100 million in new financing, placing it at a $1.6 billion valuation. investment was led by vane capital ventures with participation from existing investors including sequoia capital, try capital, and nexus venture partners. at a higher valuation then it had before. let's bring in the cio and ventures partner marriott holmer -- hummer. apollo's a great example of a company where ai is adding to the value and utility of customer data but you point out their track record is why you are interested to do this round and at a higher valuation. >> absolutely. we were struck by the fact apollo is growing so quickly and efficiently at scale. more so than the vast majority of companies in the market today, very unusual combination of characteristics that got us excited about the company. ed: tim, you have more than 500,000 companies, millions of users, why do you need $100 mi

j.p. morgan personal advisors. hey david. connect with an advisor to create your personalized plan. nvestments for your goals okay, great. j.p. morgan wealth management. - [announcer] do you have an invention idea but don't know what to do next? call invent help today. they can help you get started with your idea. call now 800-710-0020. >>> hurricane idalia is hurdling towards florida. it spans 22 counties, meaning millions are in danger. let's go back to derek van dam. what's the latest there? >> reporter: we still have more information to pass along. first, i want to give you perspective of what's happening. well away from the center of hurricane idalia, this is in the key west area. we're all familiar with this shot. you can see the dark skies and also the waves getting choppy. what i want to point out is that this is roughly 150 to 200 mile was from the strongest part of the strengthening hurricane that we're talking about. so my point being is that impacts will be felt well outside of the center, where this makes landfall. 85 mile per hour winds sustained, gusts over 100. this s

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j.p. morgan wealth management knows it's easy to get lost in investment research. get help with j.p morgan personal advisorsready to get started? work with advisors who create a plan with you, and help you find the right investments. so great getting to know you, let's take a look at your new investment plan. ok, great! this should have you moving in the right direction. thanks jen. get ongoing advice; and manage your investments in the chase mobile app. ♪ chevy silverado has what it takes to do it all. with up to 13 camera views. and the z71 off-road package. ♪ you ok? yeah. any truck can help you make a living. this one helps you build a life. chevy silverado. maria: welcome back, a deadly shooting breaking out on north carolina campus yesterday cheryl casone with details now. cheryl: maria, a faculty member at the university north carolina chapel hill shot and killed yesterday prompting a campus wide lockdown officers did not locate the suspect until nearly two hours after the shooting students were terrified. >> checking, scanners twitter a whole lot a lot of different stories what was going on, so main

j.p. morgan wealth management knows it's easy to get lost in investment research. get help with j.p morgan personal advisorsd help you find the right investments. so great getting to know you, let's take a look at your new investment plan. ok, great! this should have you moving in the right direction. thanks jen. get ongoing advice; and manage your investments in the chase mobile app. >>> welcome back. with racket in hands and tears in her eyes, caroline wozniak had a big win at the u.s. open last nightmen mnight. the former number one returned after three years away. cnn sports anchor andy scholes joining us. she was a super mom on the court. >> yes, she retired for 3 1/2 years and had two kids, but the former number one is back now, and playing as good as ever, and last night, wozniak pulling off the upset over petra kvitova, and this is the first grand slam tournament back for the 23-year-old since the australian open. she was wiping the tears away after the win, and she said it was dream come true to be back winning at arthur ashe stadium. >> being out here on arthur ashe playing in front of a packed cr

j.p. morgan personal advisors. hey david. connect with an advisor to create your personalized plan. right investments for your goals okay, great. j.p. morgan wealth management. >>> students at the university of north carolina at chapel hill are still the tragedy of yet another school shooting. on monday, after armed gunman shot and killed an associate professor and one of the campuses buildings, the entire school was on lockdown for more than three hours. during this time students across the campus were forced to run and hide. some were caught on camera jumping out of windows to escape. and today, the school student newspaper, the daily tar heel, gives a stark look at the sheer terror those students were facing in those hundred 90 minutes. the entire front page is filled with harrowing text messages between unc students and their loved ones while they were in lockdown. messages like, i'm so scared. we love you. please let me know when you are safe. and i wish these never happened. the devastating reminder of the reality our children are constantly forced to face, only in america. jo

j.p. morgan personal advisors. hey david. connect with an advisor to create your personalized plan. s for your goals okay, great. j.p. morgan wealth management. >> a jarring moment in kentucky today. senate minority leader mitch mcconnell treeing for over 30 seconds while he was in the middle of answering a reporter's questions, second time this has happened in just a matter of weeks. >> running for reelection in 2026? >> that's a -- >> did you hear the question senator? running for reelection in 2026? all right i'm sorry y'all we are going to need a minute. >> in a string of -- >> senator are you okay? mitch? mitch? >> they are both difficult moments to watch. no matter where your politics lie. and those two moments are raising questions about mitch mcconnell's future as the republican leader. in the senate a position he has held for decades. after both incidents aides said that mcconnell was feeling lightheaded. he did not make any mention of what happened earlier today in kentucky. but this time unlike a month ago when it first happened as you saw there on the right, mcconnell's o

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j.p. morgan personal advisors. hey david. connect with an advisor to create your personalized plan. let's find the right investments for your goals okay, great. j.p. morgan wealth management. >>> donald trump pleads not guilty and elects to skip a hearing next week in the georgia election interference case, while his attorneys also look to sever his case from those of his co-defendants. details on that and the looming decision on whether his former chief of staff's case gets bumped to federal court. >>> on capitol hill, senate minority leader mitch mcconnell is telling allies and donors that he can still do his job. some colleagues are questioning whether that is the case after he appeared to freeze at a news conference for the second time this summer. we're following those developing stories and more coming in right here to "cnn news central." >>> it has been a jam-packed day for donald trump's defense team. first the former president entered a not guilty plea to 13 charges in the georgia election subversion case. this was an expected plea from trump. he has already pleaded not guil

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