Nvidia CEO Jensen Huang was ousted from his post after reports of two affairs, including with one woman who is suspected of spying for China. Ed Ludlow and Mandeep Singh discuss what this means for the future of the company on “Bloomberg Open Interest.”
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Andy Burnham won a decisive victory in the Makerfield by-election, securing a pathway to challenge UK Prime Minister Keir Starmer for his job.

Joe Mayes was at the count, and explains what could happen next.
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This week, Illinois and Indiana are competing for one of the NFL’s most valuable franchises and potentially billions of dollars in surrounding development. Plus, an aging population is creating huge demand for care workers while wages and career opportunities struggle to keep up. Later, why weddings are such a large part of India’s economy.

Chapters:
00:01:29 – Nvidia Shakeup
00:11:55 – Midwest Stadium Stakes
00:23:48 – Care Work Gap
00:35:47 – India’s Wedding Economy
00:47:19 – Blue Wave Banking Regulations
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Nvidia’s probe into CEO Jensen Huang, following his admission of an affair with a woman identified in a series of reports as a suspected Chinese spy, threatens to further roil an AI market shaken by concerns about a slowdown in data center spending. Bloomberg’s Anthony Stephens explains.
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Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day than “Bloomberg Surveillance.”

Chatpers:
00:00 Tech Selloff, Amazon Earnings and Election Countdown
05:43 Midterms Are an Underpriced Risk to AI Trade — Darius Dale, 42 Macro
17:29 Democratic Wave in House Looks Likely — Erin Covey, Cook Political Report
31:14 Amazon’s AWS Growth Justifies Heavy CapEx — Tom Forte, Maxim Group
41:06 Euro to Underperform Amid ECB Transition — Jayati Bharadwaj, TD Securities
53:14 Tech Rotation Isn’t Justified by Fundamentals — Jonathan Golub, Seaport Research Partners
1:06:47 Data Center Costs Shouldn’t Fall on Households — Peter Lake, Fmr. White House Senior Director of Power
1:18:27 Cancer Cures Are Becoming a Reality — Aradhana Sarin, AstraZeneca
1:29:45 AI Bond Issuance Could Top $500 Billion a Year — Kay Haigh, Goldman Sachs
1:41:22 Oil Is a Tough Trade for Now — Sarah Hunt, Alpine Saxon Woods
1:52:17 Apple iPhone Duo Not a Great AI Experience — Walt Piecyk, LightShed Partners
2:06:18 Households Working Harder to Keep Up With Prices — Nela Richardson, ADP
2:17:07 High-Yield Credit Offers an 8% Alternative to Stocks — Milissa Hutchinson, Nomura
——–
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