Defense Secretary Pete Hegseth calls the move to impeach him “politically motivated.” Republican Representative Thomas Massie introduced the measure on Monday. He says Hegseth has been waging war in Iran without congressional approval, among other charges. Rick Davis and Jeanne Sheehan Zaino debate the issue on “Balance of Power.”
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Anna Edwards, Guy Johnson, and Mark Cudmore break down today’s key themes for analysts and investors on “Bloomberg: The Opening Trade.”
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Julian Emanuel, Evercore ISI chief equity strategist and quantitative strategist, says Nvidia is a core part of their basket of AI stocks. He also expects the Anthropic IPO to go smoothly. He speaks on “Bloomberg Surveillance.”
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“Bloomberg: The China Show” is your definitive source for news and analysis on the world’s second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter.

Chapters:
00:00:00 – The China Show opens
00:03:48 – Washington, Beijing clash with AI leaders over safety concerns
00:11:13 – Traders weigh AI caution against rising Treasury yields
00:16:29 – China’s loan demand remains weak
00:25:47 – Breaking: China’s new home prices fall 0.17% M/M
00:27:41 – China State Construction International’s Zhou Zhike on HK’s Northern Metropolis
00:37:07 – Hong Kong’s John Lee holds briefing ahead of five-year plan
00:43:34 – Breaking: Kioxia says timing, method and market of ADR listing remain undecided
00:48:27 – CICC’s Yanliang Miao on AI’s impact on China’s economy
01:03:04 – Kioxia says timing, method and market of ADR listing remain undecided
01:10:46 – US 10-year yield briefly tops 5%, stoking bond market fears
01:12:54 – Why an AI slowdown won’t derail the Korea-Taiwan chip boom
01:21:28 – China’s biotech stocks emerge as the latest AI trade
01:27:20 – GAC H-shares surge on news of FAW deal
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On the early edition of Balance of Power, Bloomberg Washington Correspondent Kailey Leinz discusses the latest news from DC. On today’s show, Rep. Greg Stanton (D-AZ), Stonecourt Capital Partner Rick Davis, Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and US Labor Secretary Keith Sonderling.

Chapters:
00:00:00 Radio Balance of Power: Early Edition
00:01:04 Markets Rally as Nvidia Falls
00:03:00 Jensen Huang, China & National Security
00:04:13 Trump, Qatar & Iran Diplomacy
00:07:39 Congress Investigates Nvidia & Jensen Huang
00:11:01 Pete Hegseth Impeachment Effort
00:13:44 Lame-Duck Congress & Government Funding
00:16:01 Trump, Democrats & Immigration Reform
00:19:03 Markets Rally Ahead of CPI
00:21:08 Congress Returns After the Midterms
00:23:08 Political Panel: Hegseth Impeachment
00:27:37 Republican Leadership Battles
00:30:56 Democrats: Affordability vs. Investigations
00:34:54 Nvidia Investigation & Jensen Huang Succession
00:38:30 AI, Export Controls & Big Tech Scrutiny
00:40:38 Labor Secretary on Tech & Foreign Workers
00:44:32 Jobs Report, BLS Data & Revisions
00:47:02 Wages, Inflation & Manufacturing Jobs
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