August 11, 2026: Primary Night in America, Iran & US Harden Stances, More

episode

Previously titled “Primary Night in America, Iran & US Harden Stances, More” — renamed by the publisher on Aug 12, 2026

Bloomberg News Now 6 min 6 speakers 8 chapters transcribed 1 month ago
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What is the main topic discussed in this episode?

Caroline Hepker 0:00
AI is entering its most consequential phase where scale, safety, and sovereignty will determine who leads and who lags. Join Bloomberg Tech in London on November 2nd and 3rd as global leaders across business, finance and policy examine the defining trade-offs shaping the future of AI. Thank you to our presenting sponsor Salesforce and supporting sponsors IDA Island and Schneider Electric. Learn more at BloombergLive.com slash. Slash Tech London.
Doug Krisner 0:31
News When You Want It with Bloomberg News Now, I'm Doug Chris.

What are the key results of the primary elections in South Carolina, Minnesota, and Wisconsin?

Doug Krisner 0:34
It is primary night in six states, and we begin in South Carolina, where Republican Senator Darlene Graham will now advance to a runoff election later this month, facing GOP Representative Ralph Norman. The eventual nominee will face Democrat Annie Andrews. In Minnesota, U.S. Senator Amy Klobuchar has secured the Democratic nod in that. States governor's race and decision desk HQ is now projecting Lisa Demuth to win the Republican primary for governor in Minnesota. Demuth is the Speaker of Minnesota's House of Representatives.

How are diplomatic talks shaping the flow of commodities through the Strait of Hormuz?

Doug Krisner 1:09
In Wisconsin's governor's race, Democratic Socialist Francesca Hong is facing off against establishment candidate David Crowley. There are also primaries in Alabama, Connecticut, and Vermont. We go next to the war in Iran. There are new signs of possible movement in talks to restore the flow of commodities through the Strait of Hormuz.

Why are U.S. stocks of advanced air‑defense interceptors and long‑range missiles critically low?

Doug Krisner 1:31
Pakistan's defense minister says the US and Iran are close to some kind of arrangement. Even so, tensions do remain high.

What drove Core Weave’s second‑quarter earnings to beat analyst estimates?

Doug Krisner 1:38
President Trump is demanding reparations from Tehran, and Iran wants frozen. And assets to be released. Oil markets, meantime, are on edge with Brent trading near $89 a barrel. Meantime, Bloomberg Economics says the U.S. is running dangerously low on key munitions used in this conflict.

How is Supermicro’s revenue outlook reflecting the surge in AI data‑center demand?

Doug Krisner 1:57
A report published Tuesday says stocks of advanced air defense interceptors are critically low, while long-range missile supplies are also being depleted. Fence analyst for Bloomberg Economics.
Unknown 2:10
We made an early call that this was going to be a protracted conflict, which means that it's a long war where there are cycles of fighting and then periods of rest and reconstitution as both sides try and rebuild and regroup. And I think that's exactly what we're seeing now.

What are the legal implications of the anonymous juror decision in the Luigi Manjoni murder trial?

Unknown 2:25
Right now, we are in a period where the president has decided to dial back on military pressure in uh, you know, with a preference towards economic pressure.
Doug Krisner 2:33
That is Becca Wasser, defense lead for Bloomberg Economics. Now the Pentagon has said recent claims of shortages are false. However, analysts are saying the depletion could affect how the U.S.

How is Apollo Global Management financing the New York Yankees and what does it mean for sports ownership?

Doug Krisner 2:44
manages future conflicts, including deterrence against China. We go to earnings news next. Core Weave topped analyst estimates for second quarter sales. We have more on that from Bloomberg's Charlie Pellet.
Charlie Pellett 2:55
Core Weave is a provider of computing that powers AI systems, and it signed up more customers than expected in a booming market. Gil Luria's head of technology research at DA Davidson. He's got a neutral rating on the stock.
Gil Luria 3:09
There is still a really big question about whether we even need neo clouds, whether they're a a good business. And the base of it is are they getting a good enough return on investment to pay for the very expensive capital that they have to borrow?
Charlie Pellett 3:22
Core Weave has become a bellwether for the AI data center frenzy, with its results closely watched by Wall Street. In New York, Charlie Pellet Bloomberg.
Doug Krisner 3:31
Shares in Korowiv were up by more than 13% in late U.S. trading. We also had numbers after the bell from Supermicro Computer, and these results signal strong demand from the AI build-out. The server maker is forecasting revenue for the current quarter of between 14.5 and 15.5 billion dollars. That's well above street expectations. Analysts were expecting about 12 billion. The company has also benefited the company. Benefiting from demand for servers built around those NVIDIA chips used in AI data centers. Shares in Supermicro up six and a half percent in late U.S. trading. A judge in New York says jurors will remain anonymous in the murder trial of Luigi Manjoni.

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