October 27, 2026: Israel Vote Inconclusive, Bolsonaro Reportedly in US, More

0:01 News when you want it. With Bloomberg News Now, I'm Doug Krisner. And we are still waiting for the official results in Israel's parliamentary election. Turnout was among the highest in decades. Prime Minister Benjamin Netanyahu is seeking re-election. He has described himself as the leader who can keep Israel safe.

0:19 His main rival, former Army Chief Gadi Eisenkot, says the prime minister is the country's greatest threat. Now, the latest exit polls show a tie between Netanyahu and Eisenkot's blocs. Here is Bloomberg's Galit Ahlstein.

0:34 The meaning of that is that neither of these leaders and neither of the blocs will be able to easily form the next government. So what we're about to be looking at here probably is a long period, weeks or months of negotiations, political horse trading, for any of these leaders to try and form Israel's next government. But we can't guarantee at this point that any of them will be able to achieve that.

1:05 That is Bloomberg's Khalid Alstein. The Trump administration is intending to issue visas for Brazil's losing presidential candidate Flavio Bolsonaro and his family. Media reports indicate Bolsonaro has now arrived in the U.S. He was defeated in Sunday's presidential election. Earlier reports indicated Brazil's federal police canceled Bolsonaro's passports when he failed to comply with a Supreme Court order to surrender them within 24 hours. He is under investigation in a money laundering case. Now, Brazilian authorities say they have no record of Bolsonaro leaving through an official checkpoint. Anthropic has tapped JPMorgan Chase to lead U.S. sales in its IPO to individual investors. We are told Anthropic is weighing

1:52 a retail offering of between 15% to 20% of shares available in the IPO overall. The memory chipmaker SK Hynix posted a seven-fold jump in quarterly profit. The company's operating margins do remain at historically elevated levels, reflecting very tight supply. SK Hynix saying that it's expecting the shortage in memory to last through 2030. In the States, we'll get earnings from Microsoft and Alphabet after the closing bell. We have a preview from Bloomberg's Tom Busby.

2:26 The key for both Microsoft and Alphabet investors, whether the massive spending on AI data centers is showing any signs of paying off just yet. Microsoft expected to report a blowout 44% expansion in its Azure cloud computing unit, while investors look for signs that its flagship AI product, Copilot, is gaining any traction with corporate clients. Meantime, revenue at Alphabet is expected to shoot 25% higher with strong external tensor processing unit sales, helping offset just a modest expected gain in cloud revenues. Tom Busby, Bloomberg Radio.

2:59 In the Treasury market, yields fluctuated ahead of the Fed's rate decision. Currently, the swaps market shows expectations for the policy rate to be held steady. Bloomberg's Michael McKee has a preview.

3:10 Inflation is rising, growth is picking up, and unemployment is low, which means the big question for Fed Chairman Kevin Warsh is why the central bank would hold off on raising rates. Investors priced only a tiny chance of a rate increase today after two of the most senior members of the Open Market Committee suggested a pause was likely. Warsh declined to walk back that assumption. The chairman has rejected offering guidance about future Fed moves, leaving him another tricky question to answer. If not now, when? Members of the committee suggested in September they would be raising rates at least one more time this year. They'll have another chance in December.

3:48 Michael McKee, Bloomberg Radio.

3:50 It was a volatile day in the oil markets. We are seeing movement to de-escalate tensions in the Persian Gulf. Saudi, Pakistani, and Turkish officials met in Tehran to revive Iranian talks. And the election in Israel will help dictate the course of the war with the Islamic Republic. At the same time, the FT is reporting the U.S. and Russia are discussing a potential return by American companies to the Russian oil market as part of wider talks to end the war in Ukraine. In New York trading, WTI was down 1.7% to $ 99. 90 the barrel. The United Nations nuclear watchdog has not detected any effort by Iran to rebuild its nuclear facilities.

4:32 They were damaged by strikes from both the U.S. and Israel over the past two years. Even so, the International Atomic Energy Agency says its ability to monitor Iran's nuclear program remains limited. Tehran continues to block inspectors from most of its nuclear sites. This assessment comes as President Trump considers renewed strikes on Iran necessary. after the U.S. midterm elections.

4:56 The Alexander brothers have each been sentenced to 30 years in prison for trafficking women for sex. Two brothers, Oren and Tal, were once among the nation's top luxury real estate brokers. They, along with a third brother, Alon, were convicted in March of sex trafficking and other charges. Twelve victims were allowed to speak before sentencing. The 30-year prison terms were less than the life behind bars sought by prosecutors.

5:24 After the bell, Visa reported earnings above forecast as consumers both domestically and internationally turned to branded cards for transactions. Even so, Visa's net revenue just met expectations and the stock fell 1.8% in late trading. And that is news when you want it with Bloomberg News Now. I'm Doug Krisner and this is Bloomberg.