Trump Says Iran Talks Still On, Weaponization Fund 'Dead,' More

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Bloomberg News Now 7 min 10 speakers 2 chapters transcribed 3 months ago
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Stephen Carroll 0:00
Hello, I'm Stephen Carroll. I'm in Brussels, where many of Europe's biggest decisions get made.
Caroline Hepke 0:05
And I'm Caroline Hepke in London. We're the hosts of the Bloomberg Daybreak Europe podcast.
Stephen Carroll 0:10
We're up early every weekday, keeping an eye on what's happening across Europe and around the world.
Caroline Hepke 0:15
We do it early so the news is fresh, not recycled, and so you know what actually matters as the day gets going.
Stephen Carroll 0:21
From Brussels, I'm following the politics, policy and the people shaping the European Union right now.
Caroline Hepke 0:27
And from London, I'm looking at what all that means for markets, money and the wider economy.
Stephen Carroll 0:33
We've got reporters across Europe and around the globe feeding in as stories break.
Caroline Hepke 0:37
So whether it's geopolitics, energy, tech or markets, you're hearing it while it happens.
Stephen Carroll 0:43
It's smart, calm and to the point.
Caroline Hepke 0:45
And it fits into your morning.
Stephen Carroll 0:46
You can find new episodes of the Bloomberg Daybreak Europe podcast by 7am in Dublin or 8am in Brussels, Berlin and Paris on Apple, Spotify, YouTube or wherever you get your podcasts.
Monica Ricks 1:00
News when you want it with Bloomberg News Now. I'm Monica Ricks. President Trump says talks are still on with Iran now that Israel and Hezbollah have agreed to stop attacking each other in Lebanon. Trump says he spoke with Israeli Prime Minister Benjamin Netanyahu and representatives from Hezbollah earlier today in separate phone calls. Bloomberg's Galit Alstein has more on that now from Israel.
Galit Alstein 1:22
Trump, he actually also posted this on Truth Social. has once again declared a ceasefire in Lebanon, saying that Israel and Hezbollah will no longer be attacking each other and that no Israeli troops will be attacking in Beirut. And if any troops are on their way there, they were already attacked. been turned back. So that's what we're hearing this evening.
Monica Ricks 1:49
That's Bloomberg's Galit Alstein reporting from Tel Aviv. There's been no immediate public acknowledgement of the alleged truth from Israel nor Hezbollah. But Wall Street did react to the news, sending stocks higher. The Dow is still relatively flat, but the Nasdaq is up seven tenths percent, the S&P up four tenths percent. The 10-year Treasury yields now at 4.47 percent, the two-year yields at 4.04 percent. Brent crude's also about 4% higher this hour at $95 a barrel. WTI's closer to $92 a barrel, up close to 5%. Now at this stage in the conflict, DWS America's CIO David Bianco says investors are watching for action. Not words.
David Bianco 2:29
Well, we're still watching this conflict with a little bit of skepticism that this gets wrapped up quickly. And we go back to, as I said, movement or actions and movement of ships out of the out of the strait and a big decline in oil prices and peace in the Middle East. We're skeptical of that. So until we see something more concrete in that front, we're sticking with where we see unquestionable strength, which is the tech trade.
Monica Ricks 2:53
Hear that entire conversation with David Bianco on the Bloomberg Businessweek Daily podcast. The Trump administration says it plans to drop its controversial $1.8 billion anti-weaponization fund, which the president sought to compensate alleged victims of mistreatment by the Biden administration. Axios talked to two senior officials who say, for now, it's dead. And the move follows growing backlash from both Democrats and Republicans, since rioters convicted in the January 6th insurrection on the Capitol would have been eligible. Today, Anthropic confidentially submitted draft paperwork for initial public offering. Bloomberg Tech's Ed Ludlow has details.
Ed Ludlow 3:30
When you file confidentially with the SEC, there's nothing in the S-1 on the number of shares being offered, the price range. There's no data in there. But it's a company's choice when they do file confidentially to say something about it. And Anthropic has said something about it. You know, they've posted to their blog the usual boilerplate. It will depend on market conditions and other factors.
Monica Ricks 3:52
Bloomberg's Ed Ludlow on Bloomberg's balance of power. Anthropic recently raised $65 billion in a funding round at a $965 billion valuation, which Eclipse rival OpenAI's value for the first time.

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