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Markets Rebound After Historic Tech Selloff

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The Close brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today’s guests are AllianceBernstein Head of Equities Nelson Yu, Baird Strategas Managing Director of Policy Research Jeanette Lowe, FIGS CEO & Co-Founder Trina Spear, Sweetgreen CEO & Co-Founder Jonathan Neman, Elanco Animal Health CEO & President Jeff Simmons, GenTrust Head of NY Office, Senior Client Advisor Mimi Duff, Eurasia Group President & Founder Ian Bremmer, Evercore ISI Senior Managing Director of Equity, Derivatives & Quantitative Strategy Julian Emanuel, Coinbase Vice Chair Ryan VanGrack, Bain & Company Aaron Cheris Global Head of Retail Aaron Cheris, & Catch Hospitality Group Co-Founder & Partner Eugene Remm.

Chapters:
00:00:00 Bloomberg The Close
00:03:03 AllianceBernstein’s Nelson Yu on AI & Market Rotation
00:09:52 Data Center Policy Risks After the Midterm Elections
00:16:11 FIGS CEO Trina Spear on Earnings & Health-Care Growth
00:22:34 Sweetgreen CEO Jonathan Neman on Sales Recovery & Pricing
00:29:58 Elanco CEO Jeff Simmons on Pet Spending & Animal Health
00:35:49 AI Trade, Market Rotation & the Economic Outlook
00:43:24 The Closing Bell
00:47:06 Airbnb, Moderna, SpaceX & Tesla Lead Market Movers
00:53:23 Fox-Roku Deal & the Future of Media M&A
00:56:04 Weekly Recap: Tech Selloff, Oil & Midterm Fallout
00:59:19 Eurasia Group President Ian Bremmer on Trump & Global Risk
01:06:27 AI Selloff, Valuations & Buying the Dip
01:11:18 Coinbase Vice Chair Ryan VanGrack on Crypto Regulation
01:18:24 Bain’s Global Head of Retail on Holiday Spending & AI
01:24:41 Eugene Remm on The Corner Store’s Las Vegas Expansion
01:30:19 Restaurant Growth, Luxury Consumers & What’s Next
01:32:10 What to Watch
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Healey’s Low-Key Budget Raises Bank Tax, Defense Spending

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UK Chancellor John Healey warned of global “economic storms” in his first budget — hiking taxes on banks and setting a date for defense investment. Alex Morgan breaks down they key measures.
——–
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Ukraine Peace Push Returns to Abu Dhabi

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US, Ukrainian and Russian delegations are scheduled to meet in Abu Dhabi on November 10th and 11th, with Steve Witkoff and Jared Kushner expected to represent the US. Joining Bloomberg This Weekend former Deputy Secretary of State Stephen Biegun discusses how a Democratic-controlled Congress could bring greater scrutiny to President Donald Trump’s foreign policy as the US renews efforts to negotiate an end to Russia’s war in Ukraine.
——–
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How Will the Midterm Results Impact Stocks?

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Global stock markets erased a selloff sparked by a Democratic sweep of the US Congress, as uncertainty surrounding the midterms faded. What are analysts watching now? Bloomberg’s Charlie Wells explains.
——–
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New House Democrats Set Their Priorities

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On Bloomberg This Weekend, Democratic Reps.-elect Paul Barringer of North Carolina and Shannon Taylor of Virginia say voters sent them to Washington with a mandate to address affordability, health care and government accountability. Speaking with hosts David Gura and Christina Ruffini, they discuss working across the aisle, restoring congressional authority and responding to concerns about tariffs, data centers and the cost of living.
——–
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How Elon Musk’s support for #Trump is impacting #Tesla sales #podcast

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On this episode of the Elon, Inc. podcast, we discuss how Musk’s political views are affecting his customer base. Listen to the full episode wherever you get your podcasts https://trib.al/kJ7ZTrU

#tech #technology #politics

Each week, listen in as host David Papadopoulos convenes a panel of Bloomberg Businessweek journalists who are tracking Musk’s companies and the surprising ways they intersect. They break down the business mogul’s latest moves and analyze what they could mean for us all.

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