Show Notes
Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) There are five days before the Midterm elections that will determine control of Congress. President Trump was campaigning in Ohio last night, where Republican gubernatorial candidate Vivek Ramaswamy is facing controversy over a political ad that features his Democratic opponent, Amy Acton's, estranged mother. While President Trump rallied Republicans in Ohio, former President Barack Obama hit the campaign trail for Democrats in Atlanta, Georgia. Meanwhile, the Democrat running for Senate in Alaska is facing a controversy. The New York Times is reporting Mary Peltola's team secretly recruited spoiler candidates to peel votes from Republican Senator Dan Sullivan, which includes a retired teacher with the same name. Peltola's campaign denies she was involved. 2) The Milwaukee Brewers are World Series champions for the first time in franchise history. The Brewers beat the Tampa Bay Rays in Game 5 on to clinch the franchise's first title. 3) Flávio Bolsonaro landed in the US after fleeing Brazil, accompanied by his wife and two daughters, and made a statement painting himself as a victim of a "politically motivated witch hunt." Bolsonaro's arrival in the US may add new strains to relations between Brasilia and Washington, and raises questions about his family's future as a force on the Brazilian right. The senator's departure from Brazil also raises questions about whether the Bolsonaro family can retain its leadership of the conservative movement Jair Bolsonaro built over the past decade. See omnystudio.com/listener for privacy information.
More from Bloomberg Daybreak: US Edition
Wall Street got a reality check as a bruising selloff in technology shares fueled concern the artificial-intelligence frenzy that has powered the equity bull market might be overblown. Disappointing tech results spurred the worst drop for stocks since June, with the Nasdaq 100 falling 3.5% and briefly crossing the threshold of a technical correction. Intel Corp. slid the most in over four decades as its outlook missed estimates. Amazon.com Inc. slipped 1.4% on greater capital spending. The S&P 500 dropped 1.8%, breaching its key 100-day moving average.
Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to the October jobs report, along with a focus on 3 stocks for the week ahead. They include: Apple, Palantir and Airbnb. In the UK – a look ahead to the next Bank of England monetary policy decision. In Asia – a look ahead to the next Reserve Bank of Australia rate decision. See omnystudio.com/listener for privacy information.
Today's top stories, with context, in just 15 minutes.
Today's top stories, with context, in just 15 minutes.
Today's top stories, with context, in just 15 minutes. On today's podcast: 1) Israel is holding its first election since the 2023 Hamas attack, with Prime Minister Benjamin Netanyahu seeking reelection, saying his military campaigns have improved security. Polls forecast a razor-thin outcome, with neither bloc likely to secure enough votes to claim a parliamentary majority, potentially leading to complex negotiations and a possible second election. The Israeli Arab minority may end up as kingmakers, with the two Israeli Arab parties offering to support a government led by former armed forces chief Gadi Eisenkot, who is leading the opposition against Netanyahu. 2) The US Midterm election for control of Congress is now just seven days away. President Trump was in Mississippi last night urging Republicans to turn out and vote for incumbent Senator Cindy Hyde-Smith. Today, President Trump continues his red state campaign blitz in Texas. He's set to hold rallies this afternoon in Corpus Christi and tonight in Lubbock for Republican Ken Paxton, who's locked in a tight Senate race with Democrat James Talarico. The president has been trying to ease voter concerns about higher fuel costs from the wars in Ukraine and Iran. While in Texas, Secretary of State Marco Rubio is expected to join President Trump in Port Arthur to show off a newly-arrived oil tanker with Venezuelan crude. It also comes as the average price Americans are paying for gasoline under President Trump has overtaken the average during the Biden administration. 3) Flávio Bolsonaro abandoned plans to challenge the result of Brazil’s presidential election, while his Liberal Party formally conceded defeat to reelected President Luiz Inácio Lula da Silva. The Liberal Party recognized the election result in a statement, while criticizing the increase of public spending in the run-up to the vote and its potential impact on the race. Bolsonaro said he would now seek to have Lula’s ticket disqualified, citing what he described as false information and the use of public funds for measures announced in the final weeks of the campaign. See omnystudio.com/listener for privacy information.