United States Financial

JB Poersch, Senate Majority PAC president, says Texas has always been a tough state to win in for Democrats. He speaks at a Bloomberg.com subscriber-only event held in Washington.

On this episode of Stock Movers: - BlackRock (BLK) shares are responding to this morning's earnings. BlackRock reported assets under management that met the average analyst estimate and adjusted EPS and Sales beat estimates. - ASML (ASML) shares are rising this morning after the company said it's searching for ways to produce more chip-making machines over the next two years due to soaring artificial intelligence spending. ASML said its current supply plans mean it won't be able to fully meet demand in 2027 and 2028, and it's investigating ways to increase capacity for 2028 beyond the 30% increase previously communicated.

Alex Latcham, executive director of the Senate Leadership Fund, says President Donald Trump has been a massive value add for Republicans out on the campaign trail during the midterms. Latcham speaks at a Bloomberg.com subscriber-only event held in Washington.

Eileen O'Mara, Stripe Vice Chair, joins Bloomberg Open Interest from the  International AI Summit in Dublin. She discusses Europe's push to help startups scale, the surge of AI-powered businesses and how agentic commerce could reshape payments.

RBC Capital Markets Large Cap US Bank Analyst Gerard Cassidy joins Bloomberg Open Interest to explain why Bank of America's regulatory settlement wasn't a complete surprise and how rising rates could affect bank margins. He also discusses AI investment, credit risks, and State Street's selloff as investors reassess expectations across the banking sector.

Alex Latcham, Senate Leadership Fund executive director, says Republicans need to unite in Texas around Senate Candidate Ken Paxton. Latcham speaks at a Bloomberg.com subscriber-only event held in Washington.

As the Indian government addresses weaknesses exposed by exam leaks, education minister Pralhad Joshi says that they will revamp the examination system using technology. He spoke on a host of topics, as the minister of multiple portfolios, with Bloomberg's Yvonne Man.

David Kelly, chief global strategist at JPMorgan Asset Management, says he does not expect the Fed to raise rates at its October meeting. Speaking on "Bloomberg Surveillance," Kelly argues that the meeting falls just six days before the election, when policymakers may want to avoid appearing political and that major uncertainties likely to be resolved by the election could reshape the 2027 outlook.

Bloomberg's Tom MacKenzie sits down with OpenAI CFO Sarah Friar at at the International AI Summit in Dublin to discuss AI safety and alignment spending.

Robert Sockin, chief US economist at PGIM, says the US economy needs two more rate hikes at a minimum and that "the broader direction is up" for interest rates even if the Federal Reserve does not move at this month's meeting.

The US consumer price index rose 0.6% in September from a month earlier, and 3.7% on an annual basis, according to the Bureau of Labor Statistics. The data shows gas prices rose by 9.1%. Bloomberg's Michael McKee has the initial reading.

The Progressive Corporation (NYSE:PGR) reported third-quarter 2026 financial results, with earnings per share of $4.37 compared with analyst expectations of $4.42.