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John Chambers led Cisco through the rise of the internet—transforming it into the world's most valuable company at its peak.On this week's Grit, the former Cisco CEO unpacks how he scaled the business from $70M to $50B+, pioneered M&A as a growth strategy with 180 acquisitions, and built what many called the best sales force in tech.Now leading his own venture firm, Chambers shares how he's backing the next generation of AI-native startups.Guest: John T. Chambers, Former Cisco Executive Chairman & CEO, JC2 Ventures Founder & CEOChapters: 00:00 Trailer00:45 Introduction01:45 Track record, relationships, trust13:21 Acquisitions every year17:32 Product-focused24:40 Family, dyslexia, and without shame30:46 Wang Laboratories35:59 Ready being CEO40:17 Reinventing your business50:08 Numbers don't lie54:09 Sales calls and making mistakes56:20 Adapting leadership style1:06:32 Best leadership year ever1:13:35 A busy, exhausting schedule1:22:07 Candid with me1:25:21 What “grit” means to John1:26:43 OutroMentioned in this episode: John Doerr, OpenAI, Wang Laboratories, IBM, Microsoft, Google, Amazon, Apple Inc., Meta Platforms, FMC Corporation, DuPont de Nemours, Inc., John Mortgage, Don Valentine, Sequoia Capital, Alcatel Mobile, Lucent Technologies, Inc., Verizon Communications Inc., AT&T Inc., Rick Justice, Pankage Patel, Larry Carter, CNBC, Jim Cramer, George Kurtz, CrowdStrike, Randy Pond, Rebecca Jacoby, Mel SelcherLinks:Connect with JohnXLinkedInConnect with JoubinXLinkedInEmail: grit@kleinerperkins.comLearn more about Kleiner Perkins
US equity futures are slightly weaker. European markets are firmer, while most Asian markets ended mixed. Markets continue to digest this week's US-China tariff de-escalation, with investor focus shifting toward the potential for new trade deals. Press reports suggest progress toward a US-Japan agreement, while Indian trade officials prepare to visit the US following comments from Trump about a potential zero-tariff offer from Delhi. April retail sales and core PPI both came in below expectations, while the Empire State and Philly Fed indices pointed to mixed regional activity. Fed Chair Powell avoided current policy commentary but reaffirmed the 2% inflation goal and flagged more frequent supply shocks going forward.Companies mentioned: Live Nation Entertainment, Meta Platforms, NVIDIA
Instagram is beginning to test the use of artificial intelligence to determine if kids are lying about their ages on the app, parent company Meta Platforms said. Meta has been using AI to determine people's ages for some time, the company said, but the photo and video-sharing app will now “proactively” look for teen accounts it suspects belong to teenagers even if they entered an inaccurate birthdate when they signed up. If it is determined that a user is misrepresenting their age, the account will automatically become a teen account, which has more restrictions than an adult account. Teen accounts are private by default. Private messages are restricted so teens can only receive them from people they follow or are already connected to. “Sensitive content,” such as videos of people fighting or those promoting cosmetic procedures, will be limited, Meta said. Teens will also get notifications if they are on Instagram for more than 60 minutes, and a “sleep mode” will be enabled that turns off notifications and sends auto-replies to direct messages from 10 p.m. until 7 a.m. Meta says it trains its AI to look for signals, such as the type of content the account interacts with, profile information and when the account was created, to determine the owner's age. The heightened measures arrive as social media companies face increased scrutiny over how their platforms affect the mental health and well-being of younger users. A growing number of states are also trying to pass age verification laws, although they have faced court challenges. Meta and other social media companies support putting the onus on app stores to verify ages amid criticism that they don't do enough to make their products safe for children—or verify that no kids under 13 use them. Instagram will also send notifications to parents “with information about how they can have conversations with their teens on the importance of providing the correct age online,” the company said. This article was provided by The Associated Press.
Matt Murphy transformed Marvell from a broad-based chip supplier into a $100B data infrastructure leader—powering the rise of AI, cloud, 5G, and custom silicon.On this week's Grit, the Marvell CEO shares how he refocused the company's strategy, led major acquisitions like Inphi ($10B) and Cavium ($6B), and positioned Marvell at the center of the next era of compute.He also reflects on lessons from his father, a longtime CEO, the discipline of running 90 miles a week, and how staying steady through industry cycles has set him apart.Chapters:00:00 Trailer00:47 Introduction03:00 Huge company, taking the long view10:28 Market cap shift to big tech14:44 The data infrastructure opportunity20:30 Massive economic opportunity31:33 Semiconductor industry and geopolitics40:46 Taiwan and Moore's Law 44:05 Getting hammered down 50%47:05 Silicon Valley51:15 All in despite risks55:37 The CEO checkbox1:01:22 Email from Matt, subject: Grit1:07:35 The higher you go1:15:44 Who Marvell is hiring1:20:14 What “grit” means to Matt1:24:40 OutroMentioned in this episode: Jim Cramer, Taiwan Semiconductor Manufacturing Company Limited (TSMC), Maxim Integrated, Mattel, Inc., Cisco Systems, Inc, Juniper Networks, Meta Platforms, Amazon.com, Inc., Cavium, Inc., Inphi Corporation, Aquantia Corporation, Mellanox Technologies, Nvidia Corporation, Microsoft Corporation, OpenAI, Anthropic, John Chambers, Facebook, Spotify, Airbnb, Google, Barack Obama, Ronald Reagan, Donald Trump, Intel Corporation, Robert Norton Noyce, Gordon Moore, Advanced Micro Devices, Inc. (AMD), Andrew "Andy" Stephen Grove, Bloomberg, Intuit Inc., Lip-Bu Tan, Sehat Sutardja, Whay S. Lee, Starboard Value, Rick Hill, Novellus Systems, Inc., Michael Strachan, Deloitte & Touche LLP, Apple Inc., Steve Jobs, Chris KoopmansLinks:Connect with MattLinkedInConnect with JoubinXLinkedInEmail: grit@kleinerperkins.comLearn more about Kleiner Perkins
A forint nem igazán mozog az elmúlt napokban. Ellentétben a magyar fizetőeszközzel viszont a tajvani dollár történelmi mozgáson van túl az erősödés irányába. A német részvénypiac továbbra is elementárisan teljesít felül. Nem akar lassítani az AI beruházásain a Microsoft és a Meta Platforms, ami érdemi részvényáremelkedést hozott magával. Az Apple részvényeseinek viszont nem sok örömre volt okuk az elmúlt héten. Régen nem láttunk ilyen „unalmas” Fed-kamatdöntést, ahol a várni szó 22-szer hangzott el Jerome Powell szájából. Sajnos nem csökken a geopolitikai feszültség: India és Pakisztán körül egyre forróbb a levegő. Ahol csupa öröm és boldogság az élet az viszont a Netflix és a Spotify részvényeseinek a köre. A két streaming társaság részvényárfolyam emelkedésének Donald Trump vámjai sem tudtak megálljt parancsolni.A hét legfontosabb eseményeiről Jónap Richárd, Bukta Gábor és Pál Szabolcs beszélgetett.Olvass minden nap a világ történéseiről egy Concorde-os szemüvegén keresztül: https://www.concordeblog.hu/Kövess bennünket minden csatornánkon:https://www.linkedin.com/company/concordecsoport/https://www.instagram.com/concordecsoport/https://www.facebook.com/concorde/https://www.youtube.com/@concorde_csoport
In der heutigen Folge von „Alles auf Aktien“ sprechen die Finanzjournalisten Anja Ettel und Daniel Eckert über die Magie der Mausaktie Disney, Insolvenz einer Diät-Ikone und den stoischen Kurs der Fed. Außerdem geht es um Alphabet, Nvidia, Uber, Charles River Laboratories, Hensoldt, Fresenius, Vonovia, Carl Zeiss Meditec, Eli Lilly, Novo Nordisk, WeightWatchers, Volkswagen, Mercedes, BMW, Ferrari, Nvidia, Meta Platforms, Microsoft, Altria, Saudi-Aramco, AppLovin, ConocoPhillips, CNOOC, Investor AB, Arista Networks, Visa, Blackstone, KKR, Pinduoduo, Investor AB, Hermès, Münchener Rück, Allianz, Deutsche Telekom, SAP, MicroStrategy und Vertex Pharmaceuticals. Wir freuen uns an Feedback über aaa@welt.de. Ab sofort gibt es noch mehr "Alles auf Aktien" bei WELTplus und Apple Podcasts – inklusive aller Artikel der Hosts und AAA-Newsletter.[ Hier bei WELT.](https://www.welt.de/podcasts/alles-auf-aktien/plus247399208/Boersen-Podcast-AAA-Bonus-Folgen-Jede-Woche-noch-mehr-Antworten-auf-Eure-Boersen-Fragen.html) [Hier] (https://open.spotify.com/playlist/6zxjyJpTMunyYCY6F7vHK1?si=8f6cTnkEQnmSrlMU8Vo6uQ) findest Du die Samstagsfolgen Klassiker-Playlist auf Spotify! Disclaimer: Die im Podcast besprochenen Aktien und Fonds stellen keine spezifischen Kauf- oder Anlage-Empfehlungen dar. Die Moderatoren und der Verlag haften nicht für etwaige Verluste, die aufgrund der Umsetzung der Gedanken oder Ideen entstehen. Hörtipps: Für alle, die noch mehr wissen wollen: Holger Zschäpitz können Sie jede Woche im Finanz- und Wirtschaftspodcast "Deffner&Zschäpitz" hören. Außerdem bei WELT: Im werktäglichen Podcast „Das bringt der Tag“ geben wir Ihnen im Gespräch mit WELT-Experten die wichtigsten Hintergrundinformationen zu einem politischen Top-Thema des Tages. +++ Werbung +++ Du möchtest mehr über unsere Werbepartner erfahren? [**Hier findest du alle Infos & Rabatte!**](https://linktr.ee/alles_auf_aktien) Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutz: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html
Today in AI is a daily recap of the latest news and developments in the AI industry. See your story and want to be featured in an upcoming episode? Reach out at tonyphoang.com Alibaba's introduction of Qwen3, a next-generation open-source large language model, represents a major advancement in AI technology. With its hybrid reasoning capabilities, multilingual support, and cost-effective deployment, Qwen3 positions Alibaba as a formidable player in the global AI landscape. This development has the potential to transform various industries and drive further innovation, while also raising important regulatory considerations within the AI sector. The sentencing of Dazhon Darien, a former high school athletics director in Maryland, to four months in jail for creating a racist and antisemitic deepfake using AI technology underscores the ethical and legal challenges associated with generative AI. This incident highlights the broader societal implications of AI misuse, including the risks of job displacement, environmental impact, and the potential to undermine democratic processes. It serves as a stark reminder of the need for robust ethical guidelines and legal frameworks to govern the use of AI technologies. Meta Platforms has launched a stand-alone AI app, Meta AI, as part of its strategic initiative to establish itself as a leader in artificial intelligence. By integrating this app across its platforms like Facebook and Instagram, Meta aims to enhance user engagement through personalized and generative AI tools. This launch is a key component of Meta's broader AI strategy, which involves substantial investments in AI infrastructure and open-source models, positioning the company to compete with other tech giants and potentially reshape the AI industry.
Today in AI is a daily recap of the latest news and developments in the AI industry. See your story and want to be featured in an upcoming episode? Reach out at tonyphoang.com Nvidia's CEO Jensen Huang emphasized the intense AI competition between the U.S. and China, highlighting Huawei's capabilities and the narrow lead held by the U.S. Amidst rising tensions and new export restrictions on AI chips, Nvidia is shifting its manufacturing to the U.S., a move that could reshape the global semiconductor industry and intensify the tech rivalry. This decision is influenced by broader geopolitical dynamics affecting the AI sector. Epic Systems has significantly increased its hospital market share in 2024, adding 176 facilities and 29,399 beds, while Oracle lost 74 sites and 17,232 beds. Epic's growth is driven by continuous investment in advanced technologies, strategic partnerships, and AI-driven solutions, solidifying its leadership in the healthcare technology sector. This expansion highlights the critical role of AI in enhancing healthcare services and operational efficiency. Meta Platforms has launched a standalone AI application using its Llama 4 AI system, integrating it with Facebook and Instagram to enhance user experience through personalized interactions. This open-source approach challenges competitors like Open AI and raises significant social implications, including issues of authenticity, trust, creativity, privacy, and job displacement. The initiative underscores the transformative potential and ethical considerations of AI in social media. Yum Brands CEO David Gibbs discussed the minimal impact of tariffs on their localized supply chain, the mixed performance of their franchises, and the promising integration of AI technology through a partnership with Nvidia to enhance operations and customer experience. The implementation of voice AI in Taco Bell drive-thrus has notably improved efficiency and customer satisfaction, positioning Yum Brands as a leader in the fast-food industry's digital transformation. This reflects the growing adoption of AI to streamline operations and improve customer interactions. Conservative activist Robby Starbuck has filed a defamation lawsuit against Meta Platforms Inc., claiming the company's AI chatbot falsely implicated him in the January 6 Capitol riot, highlighting broader concerns about AI-generated misinformation and content moderation. The lawsuit, seeking over $5 million in damages, underscores the growing legal and ethical challenges tech companies face in ensuring the accuracy and accountability of their AI systems. This case exemplifies the potential risks and responsibilities associated with AI deployment.
From a 350-square-foot home in South India to leading HubSpot, a $30B CRM powerhouse, Yamini Rangan's journey is nothing short of remarkable. In this episode, Yamini shares how she's guiding HubSpot through a post-pandemic shift toward product-led growth, the hard-won lessons behind building go-to-market alignment, and why human-centric leadership is her edge in an AI-first world. Plus, her take on why data is the new battleground in tech.Chapters: 00:00 Trailer00:52 Introduction02:22 Fire in my belly10:06 Constraints12:19 Peak performance16:38 Helping while in sheer panic21:43 The general ethos30:14 Customer value36:08 Excited and scared47:25 Becoming CEO54:19 Feeling behind1:01:51 Very lonely1:05:34 Losing credibility1:08:42 Slowing down, sitting still1:12:31 No patience to finish a book1:15:39 Who HubSpot is hiring1:15:54 What “grit” means to Yamini1:16:45 OutroMentioned in this episode: Sequoia Capital, Carl Pieri, Brian Halligan, Zoom Workplace, Meta Platforms, Google, Anthropic, Microsoft, Salesforce, Blockbuster Video, BlackBerry Limited, Axon Enterprise, Netflix, Snapchat, Harvey, Dharmesh Shah, Gödel, Escher, Bach: an Eternal Golden Braid, Sapiens: A Brief History of HumankindLinks:Connect with YaminiXLinkedInConnect with JoubinXLinkedInEmail: grit@kleinerperkins.comLearn more about Kleiner Perkins
Rebecca Walser returns to the NYSE set and recaps the week-long round of Mag 7 earnings. She notes strength in Microsoft (MSFT) and Meta Platforms' (META) cloud and ad numbers, though sees Amazon (AMZN) and Apple (AAPL) having more trouble down the line if tariff volatility persists. She also notes crude oil's plummeting price action as a sign of "global slowdown." Tom White later joins to offer example options trade in Apple and Amazon.======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about
GESTIONNAIRES EN ACTION. La saison des résultats financiers des grandes entreprises technologiques américaines a réservé de belles surprises aux investisseurs cette semaine. Meta Platforms (META, 572,21$US), qui possède entre autres les réseaux sociaux Facebook, Instagram et WhatsApp, a notamment dévoilé le 30 avril des résultats largement supérieurs aux prévisions pour les trois premiers mois de 2025. Le 1er mai, le titre a bien réagi en terminant la séance en hausse de plus de 4%. François Rochon, président et gestionnaire de portefeuille chez Giverny Capital, et actionnaire de Meta Platforms, confirme que les résultats étaient très bons. «Les revenus ont augmenté de 16% sur un an. Les marges bénéficiaires ont été mieux que prévu», dit-il, soulignant que les résultats de la période correspondante l’an dernier avaient été «extraordinaires», et qu’il était difficile de penser qu’elle allait pouvoir maintenir une telle rentabilité. «Mais elle y est parvenue», résume-t-il. Les prévisions pour le second trimestre ont aussi excédé les attentes. Meta Platforms s’attend à ce que ses revenus se situent entre 42,5 et 45,5 milliards de dollars américains durant la période. «La société pense pouvoir offrir de bons résultats durant le trimestre. La partie que j'ai trouvée bien intéressante, c'est le temps passé sur Facebook, qui a augmenté de 7% au cours des six derniers mois. Alors que beaucoup de gens pensent que Facebook, c'est un peu démodé et que c’est Instagram qui est plus à la mode. Pour Instagram, l’augmentation a été de 6 %. Donc, ça a été encore mieux sur Facebook qu'Instagram», explique-t-il. L’augmentation sur Threads (lancé par Meta en 2023 pour rivaliser avec X) a même atteint 35%. «Je pense que s'il y a une entreprise qui a bénéficié de ses investissements en intelligence artificielle depuis trois ans, c'est Meta. Ça lui a permis de mieux cibler les publicités et donc de pouvoir demander des prix plus élevés aux publicitaires», affirme-t-il. L’erreur Microsoft Microsoft (MSFT, 425,40$US) a aussi dévoilé des résultats financiers trimestriels supérieurs aux prévisions après la fermeture des marchés boursiers le 30 avril. Le titre a encore mieux réagi que celui de Meta Platforms le lendemain, terminant la séance sur un gain de 7,6%. Les services Azure et d’infonuagique de Microsoft ont excédé les prévisions. François Rochon souligne la croissance de 33% sur un an des revenus de la plateforme Azure. «Et toute la partie ‘Intelligent Cloud’ a vu ses revenus progresser de 21% sur un an. C’est vraiment impressionnant pour une société de cette taille. Les revenus pour le trimestre ont été de 70 milliards de dollars américains, en hausse de 13% sur un an. C'est phénoménal», dit-il. Ces dernières années, François Rochon a déjà qualifié Microsoft de l’une de ses pires erreurs à la Bourse. Il soutient que le titre n’est pas une aubaine en ce moment, sans qu’il soit surévalué. «Je l'avais en portefeuille pendant quelques années, puis je l'ai vendu avant la belle envolée. Je dirais que ça demeure une société extraordinaire, dominante, qui a des avantages compétitifs vraiment très, très forts. Je trouve que l'évaluation de 30 fois les profits estimés pour l'année en cours n'est pas astronomique, mais est quand même assez élevée», dit-il. Booking Holdings se tire bien d’affaire Une autre entreprise qui passe un peu plus sous le radar, mais que Giverny Capital détient en portefeuille est Booking Holdings (BKNG, 5101,43$US). L'entreprise qui permet entre autres aux vacanciers de réserver des chalets ou des chambres d'hôtel, a aussi très bien fait en ce début d’année. «Au premier trimestre, les revenus ont monté de 8% sur un an, donc ça a été vraiment excellent. La société a aussi été très agressive à racheter de ses actions durant la période, ce qui fait que son bénéfice par action a progressé de 22%. C'est une des choses que j'aime beaucoup dans Booking. Je pense que c'est une belle entreprise dans une belle niche, mais aussi on a une équipe de direction pro-investisseurs qui alloue presque toutes les liquidités générées à des rachats d'actions», explique-t-il. À 24 fois les profits prévus des 12 prochains mois, le titre n’est pas une aubaine, mais François Rochon estime que c’est tout de même très raisonnable pour une entreprise avec d’aussi bonnes caractéristiques fondamentales. Pour de l'information concernant l'utilisation de vos données personnelles - https://omnystudio.com/policies/listener/fr
Ahmed Khan with Morningstar says he "really liked" Meta Platforms' (META) earnings. His firm has a four-star rating on the stock with a $770 fair value estimate. When it comes to the outlook, he believes A.I. optimization in its social media platforms will serve as a primary driver for profitability by driving user and advertiser traffic. ======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about
Tech stocks gave the markets a boost.
Profits from Microsoft and Meta are lifting Wall Street with stronger-than-expected profts reported at the start of the year.
This Day in Legal History: “Law Day” is BornOn this day in 1958, President Dwight D. Eisenhower issued a proclamation that did more than just slap a new label on the calendar—it attempted to reframe the ideological narrative of the Cold War itself. With Presidential Proclamation 3221, Eisenhower officially designated May 1 as Law Day, a symbolic counterweight to May Day, the international workers' holiday long associated with labor movements, socialist solidarity, and, in the American imagination, the creeping specter of communism.What better way to combat revolutionary fervor than with a celebration of legal order?Pushed by the American Bar Association, Law Day wasn't just a feel-good civics moment; it was a strategic act of Cold War messaging. While the Soviet bloc paraded tanks through Red Square, the U.S. would parade its Constitution and wax poetic about the rule of law. In short, May Day was about the workers; Law Day was about the lawyers—and the system they claimed safeguarded liberty.But this wasn't just symbolic posturing. In 1961, Congress gave Law Day teeth by writing it into the U.S. Code (36 U.S.C. § 113), mandating that May 1 be observed with educational programs, bar association events, and a national reaffirmation of the “ideal of equality and justice under law.”Cynics might call it Constitution cosplay. Advocates call it civic literacy.Either way, Law Day has endured. Each year, the President issues a formal proclamation with a new theme—ranging from the judiciary's independence to access to justice. The ABA leads events, schools hold mock trials, and the legal community gets a rare day in the spotlight.In the grand tradition of American holidays, Law Day may not come with a day off or department store sales. But it's a reminder that the U.S. doesn't just celebrate its laws when it's convenient—it does so deliberately, and sometimes, geopolitically.A federal judge ruled that Apple violated a 2021 injunction meant to promote competition in its App Store by improperly restricting developers' payment options. U.S. District Judge Yvonne Gonzalez Rogers found that Apple defied her prior order in an antitrust case brought by Epic Games, the maker of Fortnite. The judge referred Apple and its vice president of finance, Alex Roman, to federal prosecutors for a possible criminal contempt investigation, citing misleading testimony and willful noncompliance. She emphasized that Apple had treated the injunction as a negotiation rather than a binding mandate.Epic Games CEO Tim Sweeney praised the ruling as a win for developers and said Fortnite could return to the App Store soon. Apple had previously removed Epic's account after it allowed users to bypass Apple's in-app payment system. Despite the ruling, Apple maintains it made extensive efforts to comply while protecting its business model and plans to appeal. Epic argued that Apple continued to stifle competition by imposing a new 27% fee on external purchases and deterring users through warning messages. The judge rejected Apple's request to delay enforcement of her ruling and barred the company from interfering with developers' ability to communicate with users or imposing the new fee.US judge rules Apple violated order to reform App Store | ReutersPalestinian student Mohsen Mahdawi, a Columbia University graduate student and longtime Vermont resident, was released from U.S. immigration custody after a judge ruled he could remain free while contesting his deportation. The case stems from the Trump administration's efforts to remove non-citizen students who have participated in pro-Palestinian protests, arguing such activism threatens U.S. foreign policy. Mahdawi, who was arrested during a citizenship interview, has not been charged with any crime. Judge Geoffrey Crawford found he posed no danger or flight risk and compared the political environment to McCarthy-era crackdowns on dissent.Crawford emphasized that Mahdawi's peaceful activism was protected by the First Amendment, even as a non-citizen. Mahdawi was greeted by supporters waving Palestinian flags as he denounced his detention and vowed not to be intimidated. The Department of Homeland Security criticized the decision, accusing Mahdawi of glorifying violence and supporting terrorism, although no evidence or charges of such conduct were presented in court.Members of Vermont's congressional delegation condemned the administration's actions as a violation of due process and free speech. Mahdawi's release was seen as a symbolic blow to broader efforts targeting pro-Palestinian foreign students, while others in similar situations remain jailed. Columbia University reaffirmed that legal protections apply to all residents, regardless of citizenship status.The relevant takeaway here revolves around the First Amendment rights of non-citizens – Judge Crawford's ruling affirmed that lawful non-citizens enjoy constitutional protections, including freedom of speech. This principle was central to Mahdawi's release, reinforcing the legal standard that political expression—even controversial or unpopular—is not grounds for detention or deportation.Palestinian student released on bail as he challenges deportation from US | ReutersA federal judge in San Francisco is set to consider a critical legal question in ongoing copyright disputes involving artificial intelligence: whether Meta Platforms made "fair use" of copyrighted books when training its Llama language model. The case, brought by authors including Junot Díaz and Sarah Silverman, accuses Meta of using pirated copies of their work without permission or payment. Meta argues that its use was transformative, enabling Llama to perform diverse tasks like tutoring, translation, coding, and creative writing—without replicating or replacing the original works.The outcome could significantly impact similar lawsuits filed against other AI developers like OpenAI and Anthropic, all hinging on how courts interpret fair use in the context of AI training. Meta contends that its LLM's use of copyrighted material is covered under fair use because it generates new and transformative outputs, rather than duplicating the authors' content. Plaintiffs argue that this type of use violates copyright protections by extracting and repurposing the expressive value of their works for commercial AI systems.Technology firms warn that requiring licenses for such training could impede AI innovation and economic growth. Authors and content creators, on the other hand, view the unlicensed use as a threat to their financial and creative interests.Judge in Meta case weighs key question for AI copyright lawsuits | ReutersThe U.S. Supreme Court appears sharply divided over whether states can prohibit religious charter schools from receiving public funding, in a case that could significantly alter the legal landscape for church-state separation in education. The case centers on Oklahoma's rejection of St. Isidore of Seville Catholic Virtual School's bid to become the first publicly funded religious charter school in the country. Conservative justices, including Brett Kavanaugh, expressed concerns that excluding religious schools constitutes unconstitutional discrimination, while liberal justices emphasized the importance of maintaining a secular public education system.Chief Justice John Roberts is seen as a crucial swing vote. He questioned both sides, at times referencing prior rulings favoring religious institutions, but also signaling discomfort with the broader implications of authorizing religious charter schools. Justice Sotomayor raised hypothetical concerns about curriculum control, such as schools refusing to teach evolution or U.S. history topics like slavery.The case could affect charter school laws in up to 46 states and has implications for federal charter school funding, which mandates nonsectarian instruction. Justice Amy Coney Barrett recused herself, increasing the possibility of a 4-4 split, which would leave Oklahoma's decision to block St. Isidore intact without setting a national precedent.This case hinges on the constitutional balance between prohibiting government endorsement of religion (Establishment Clause) and ensuring equal treatment of religious institutions (Free Exercise Clause). The justices' interpretations of these principles will guide whether public funds can support explicitly religious charter schools.Supreme Court Signals Divide on Religious Charter Schools - Bloomberg This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe
The last day of April brings Microsoft and Meta Platforms results, PCE prices, and first quarter GDP. The SPX is up six days in a row on trade optimism and yields hit 3-week lows.Important DisclosuresThe information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision.All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness, or reliability cannot be guaranteed.Examples provided are for illustrative purposes only and not intended to be reflective of results you can expect to achieve.The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc.All names and market data shown above are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Supporting documentation for any claims or statistical information is available upon request.Past performance is no guarantee of future results, and the opinions presented cannot be viewed as an indicator of future performance.Investing involves risk, including loss of principal.Diversification strategies do not ensure a profit and do not protect against losses in declining markets.Indexes are unmanaged, do not incur management fees, costs, and expenses and cannot be invested in directly. For more information on indexes, please see schwab.com/indexdefinitions.The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications, and other factors.The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc.(0130-0425)
Las bolsas mundiales y el dólar suben el martes, después de que el gobierno del presidente de Estados Unidos, Donald Trump, deje caer que planea reducir el impacto de los aranceles a los automóviles. Los mercados lo toman como una señal más de flexibilidad en una política comercial que causó estragos en los mercados en abril. La atención se pone, además, en los resultados de las empresas. General Motors revisa a la baja sus previsiones para el año, reflejando los inciertos efectos de la guerra comercial en el sector, a pesar incluso de que presenta unos sólidos resultados trimestrales. Las bolsas europeas suben con muchos resultados corporativos por cotizar. HSBC lanza una recompra de acciones por valor de 3.000 millones de dólares tras anunciar un descenso del 25% en sus beneficios del primer trimestre y Deutsche Bank registra un aumento del 39% en sus ganancias en los tres primeros meses del año. Las megacaps tecnológicas Apple, Microsoft, Amazon y Meta Platforms presentan sus resultados esta semana. Hablamos de todo ello con José Manuel Amor, de AFI. En Bolsa española, y dentro del Ibex, lideran las subidas Cellnex, Puig y Endesa. Los valores que más pierden son Inditex, BBVA y Sabadell.
The S and P 500 was relatively unchanged ahead of a packed week for earnings and economic data, Wall Street is also awaiting any progress on trade deal negotiations, Amazon, Apple, Meta Platforms and Microsoft will all release their quarterly reports as will Visa, Coca-Cola, and Eli Lilly
Charles Moon with Prosper Trading Academy turns to companies he expects to move with upcoming earnings and key technical levels. He looks into The Trade Desk's (TTD) tie to Meta Platforms' (META) earnings, Dell Technologies' (DELL) push toward its 50-day SMA, and Tesla's (TSLA) critical support point. Rick Ducat shows the technical patterns investors should watch in all three stocks.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about
The S and P 500 was relatively unchanged ahead of a packed week for earnings and economic data, Wall Street is also awaiting any progress on trade deal negotiations, Amazon, Apple, Meta Platforms and Microsoft will all release their quarterly reports as will Visa, Coca-Cola, and Eli LillySee omnystudio.com/listener for privacy information.
Two Hearts and One Braincell: Cassidy Carson & JT Hume Amateur Hour
Know a writer or someone who wants to be a writer? Then forward this post to them and invite them to listen to our writers podcast. Thank you!For Episode 221 of our award-winning podcast, we take on Meta and discuss their “fair use” of seven million literary works to train their artificial intelligence system.For those untouched by the controversy, we referred Keziah Weir's excellent Vanity Fair article, “This Is How Meta AI Staffers Deemed More Than 7 Million Books to Have No “Economic Value” (link) and cite this paragraph as background:“Lawyers for Meta are indeed invoking that very “fair use” defense in a copyright suit that's been wending its way through the Northern District of California legal system for nearly two years. Richard Kadrey et al. v. Meta Platforms—and the reams of confidential Meta communications, newly in the public record as exhibits for the plaintiffs—offers an unprecedented look at the internal maneuverings behind the company's decision to train its model on a database containing more than 7 million pirated books.”As writers, CC and I have strong opinions about the subject, and we are in sync about how we came to this point, and we agree that the damage is done, and that “the horse has left the barn and it ain't coming back.” We have different and, I think, interesting opinions about the outcomes to this controversy.For our discussion, we pull in:-The Lord of the Rings,-Carolyn Keene and Franklin W. Dixon,-Thomas Edison,-Covenant (the movie),-John Steinbeck and Ernest Hemingway,-CC's professional and extensive experience on the “fair use” issue, and-Our short-lived use of Artificial Intelligence (not what you think).Aside from AI, we bring you up to speed on current events, including CIMA and our book signing on Saturday, and we talk about our current writing projects and how we're abused by our editors (no names mentioned)(kidding!).And we started a presale on Serving Salvation Book Two.Check us out and let us know what you think. TIA! LYL!Our Website: www.carsonhume.comWho We are: https://carsonhume.com/about/Our Books: https://carsonhume.com/books-2/Our bookstore: https://carsonhume.square.site/Our Business: https://twomoorebooks.com/ please buy us coffee!For those who listen on the way to work, we are on these fine podcast platforms: Spotify Apple Pocket Casts Radio PublicNote: Two Moore Books, LLC does not receive financial compensation for promoting third-party businesses and websites. We are speaking to our specific experiences. Your mileage may vary.
Today in AI is a daily recap of the latest news and developments in the AI industry. See your story and want to be featured in an upcoming episode? Reach out at tonyphoang.com The Trump administration's new rules exempting automakers from reporting certain non-fatal self-driving car crashes have sparked debate, potentially benefiting Tesla by allowing it to present a cleaner safety record. Critics argue that reduced oversight could hinder the identification of safety defects and compromise public safety, while Tesla's close ties with the administration raise concerns about regulatory favoritism. Meta Platforms, Inc. and Booz Allen Hamilton have launched Space Llama, an initiative integrating Meta's AI model to assist astronauts at the ISS, enhancing research and operational capabilities in space. This collaboration aims to revolutionize space missions by improving efficiency, decision-making, and cybersecurity while addressing the technical and ethical challenges of deploying AI in space. Pony.ai has partnered with Tencent Cloud to integrate its autonomous vehicle technology into Tencent's WeChat platform, aiming to enhance urban mobility through advanced AI and cloud services. This collaboration is expected to improve the safety, efficiency, and user experience of autonomous driving, while also contributing to reduced traffic congestion and environmental impact. The California DMV has proposed comprehensive regulations for testing and deploying autonomous vehicles, including requirements for permits, test-drive miles, and data reporting. These regulations come at a crucial time for the AV industry, which has faced significant challenges and a decline in testing miles, and aim to balance innovation with public safety. Online scams have become increasingly sophisticated with the use of AI, enabling scammers to create highly personalized and convincing messages that deceive individuals into divulging sensitive information. These scams, often initiated through seemingly innocent text messages, leverage advanced technologies to validate mobile numbers, build trust, and ultimately defraud victims of significant amounts of money, posing substantial risks to personal privacy and data security. China is implementing targeted measures to support struggling businesses and boost domestic consumption in response to escalating trade tensions with the U.S., while also advancing its AI technology to drive future growth and maintain economic stability. California's proposal to test self-driving heavy-duty trucks on public roads marks a significant step forward in autonomous vehicle technology, potentially transforming the trucking industry by enhancing efficiency, reducing operational costs, and addressing driver shortages. However, this move faces opposition from labor unions concerned about safety and job displacement, highlighting the need for careful regulation and workforce transition strategies.
Scientists have made a huge leap in a highly technical practice known as coherent quantum communications. The WSJ's Aylin Woodward breaks down what that is and the effects it could have on everyday life. Plus, our Brussels-based reporter Kim Mackrael takes us through the trade implications of the European Union's fines on Apple and Meta Platforms. Katie Deighton hosts. We want to hear from you! Our recent series “Chatbot Confidential” looked into privacy risks when using generative AI chatbots like ChatGPT or Claude. Do you have a question about using these chatbots and your privacy? Record a voice memo and send it to tnb@wsj.com or leave us a voicemail at (212) 416-2236. Sign up for the WSJ's free Technology newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
Tech Bro NonsenseFormer Google CEO Tells Congress That 99 Percent of All Electricity Will Be Used to Power Superintelligent AIbillionaire tech tycoon and former Google CEO Eric Schmidt comments to the House Committee on Energy and Commerce: "What we need from you is we need the energy in all forms, renewable, non-renewable, whatever. It needs to be there, and it needs to be there quickly.""Many people project demand for our industry will go from 3 percent to 99 percent of total generation... an additional 29 gigawatts by 2027 and 67 more gigawatts by 2030. If [China] comes to superintelligence first, it changes the dynamic of power globally, in ways that we have no way of understanding or predicting.”Meta Says It's Okay to Feed Copyrighted Books Into Its AI Model Because They Have No "Economic Value"In the ongoing suit Richard Kadrey et al v. Meta Platforms, led by a group of authors including Pulitzer Prize winner Andrew Sean Greer and National Book Award winner Ta-Nehisi Coates, the Mark Zuckerberg-led company has argued that its alleged scraping of over seven million books from the pirated library LibGen constituted "fair use" of the material, and was therefore not illegal.Meta's attorneys are also arguing that the countless books that the company used to train its multibillion-dollar language models and springboard itself into the headspinningly buzzy AI race are actually worthless. Meta cited an expert witness who downplayed the books' individual importance, averring that a single book adjusted its LLM's performance "by less than 0.06 percent on industry standard benchmarks, a meaningless change no different from noise." Thus there's no market in paying authors to use their copyrighted works, Meta says, because "for there to be a market, there must be something of value to exchange," as quoted by Vanity Fair — "but none of [the authors'] works has economic value, individually, as training data." Other communications showed that Meta employees stripped the copyright pages from the downloaded books.Tellingly, the unofficial policy seems to be to not speak about it at all: "In no case would we disclose publicly that we had trained on LibGen, however there is practical risk external parties could deduce our use of this dataset," an internal Meta slide deck read. The deck noted that "if there is media coverage suggesting we have used a dataset we know to be pirated, such as LibGen, this may undermine our negotiating position with regulators on these issues."Lauren Sánchez in Space Was Marie Antoinette in a Penis-Shaped RocketKaty Perry Boasts About Ridiculous Rocket Launch While NASA Is Scrubbing History of Women in Space“It's about a collective energy and making space for future women. It's about this wonderful world that we see right out there and appreciating it. This is all for the benefit of Earth.”Last month, the Orlando Sentinel first reported, NASA scrubbed language from a webpage about the agency's Artemis missions declaring that a goal of the mission was to put the first woman and first person of color on the Moon; just a few days later, NASA Watch reported that comic books imagining the first woman on the Moon had been deleted from NASA's website.A webpage for "Women at NASA" is still standing, but pictures of women and people of color — astronauts, engineers, scientists — have reportedly been removed from NASA's real-world hallways amid the so-called "DEI" purge. Per Scientific American, the word "inclusion" has been removed as one of NASA's core pillars. And as 404 Media reported in February, NASA personnel were directed to remove mentions of women in leadership positions from its website.OpenAI NonsenseOpenAI Is Secretly Building a Social NetworkOpenAI has been secretly building its own social media platform, which The Verge reports is intended to resemble X-formerly-Twitter — the social media middleweight owned by CEO Sam Altman's arch-nemesis, Elon MuskOpenAI updated its safety framework—but no longer sees mass manipulation and disinformation as a critical riskOpenAI said it will stop assessing its AI models prior to releasing them for the risk that they could persuade or manipulate people, possibly helping to swing elections or create highly effective propaganda campaigns.The company said it would now address those risks through its terms of service, restricting the use of its AI models in political campaigns and lobbying, and monitoring how people are using the models once they are released for signs of violations.OpenAI also said it would consider releasing AI models that it judged to be “high risk” as long as it has taken appropriate steps to reduce those dangers—and would even consider releasing a model that presented what it called “critical risk” if a rival AI lab had already released a similar model. Previously, OpenAI had said it would not release any AI model that presented more than a “medium risk.”Saying 'please' and 'thank you' to ChatGPT costs OpenAI millions, Sam Altman saysBeing nice to your AI chatbot requires computational power that raises electricity and water costsAltman responded to a user on X (formerly Twitter) who asked how much the company has lost in electricity costs from people being polite to their models: “Tens of millions of dollars well spent — you never know,” the CEO wrote.AI models rely heavily on energy stored in global data centers — which already accounts for about 2% of the global electricity consumption. Polite responses also add to OpenAI's water bill. AI uses water to cool the servers that generate the data. A study from the University of California, Riverside, said that using GPT-4 to generate 100 words consumes up to three bottles of water — and even a three-word response such as “You are welcome” uses about 1.5 ounces of water.Antitrust NonsenseTrump DOJ's plan to restructure Google hurts consumers, national security, says exec: 'Wildly overbroad'Kent Walker, Google's president of global affairs: "We're very concerned about DOJ's proposal. We think it would hurt American consumers, our economy, our tech leadership, even national security. The proposed reform from DOJ "would result in unprecedented government overreach that would harm American consumers, developers, and small businesses — and jeopardize America's global economic and technological leadership at precisely the moment it's needed most."8 revelations from Mark Zuckerberg's 3 days on the witness stand in Meta's antitrust trialThe FTC alleges Meta "helped cement" its illegal monopoly in the social media market with its acquisition of Instagram and the messaging app WhatsApp more than a decade ago.8 revelations:Antitrust worries surfaced years agoTwo years before the FTC initially sued Meta over allegations that it violated US competition laws, Zuckerberg considered breaking Instagram out into its own company to avoid potential antitrust scrutiny, according to a 2018 internal email revealed by the government at trial."I wonder if we should consider the extreme step of spinning Instagram out as a separate company," Zuckerberg wrote in the email to company executives. "As calls to break up the big tech companies grow, there is a non-trivial chance that we will be forced to spin out Instagram and perhaps WhatsApp in the next 5-10 years anyway." If a break up were to happen, Zuckerberg wrote, history showed that companies could end up better off.Asked about this view at trial, Zuckerberg said, "I'm not sure exactly what I had in mind then."A 'crazy idea' to boost Facebook's relevanceZuckerberg's "crazy idea" for Facebook in 2022 involved purging all users' friends. The CEO — fearful that Facebook was losing cultural relevance — made the proposal in a 2022 email to the social network's top brass."Option 1. Double down on Friending," Zuckerberg wrote in the message. "One potentially crazy idea is to consider wiping everyone's graphs and having them start again."Sheryl Sandberg wanted to play Settlers of CatanZuckerberg once offered to give Sheryl Sandberg, the former COO of Meta, a tutorial in the board game Settlers of Catan.The lesson offer came up in 2012 messages in which the two discussed the fresh $1 billion purchase of Instagram, partially redacted missives presented by the FTC during Zuckerberg's testimony showed."We would love it. I want to learn Settlers of Catan too so we can play," Sandberg told Zuckerberg in the message. He responded: "I can definitely teach you Settlers of Catan. It's very easy to learn."Meta's rivalry with TikTok has only just begunDuring his testimony, Zuckerberg hammered home Meta's argument that the tech giant faces massive competition from other apps, especially TikTok."TikTok is still bigger than either Facebook or Instagram," Zuckerberg testified. "I don't like it when our competitors do better than us. You can sort of bet that I'm not going to rest until we are doing quite a bit better than we are doing now.”Facebook Camera app struggles were a source of worryInstagram's early rise shook Zuckerberg. As his company struggled to mount its response with the Facebook Camera app, the CEO began to lose his patience."What is going on with our photos team?" Zuckerberg wrote in a 2011 message to top executives, as revealed by the FTC in court. Zuckerberg then described a number of individuals, whose names were redacted, as being "checked out." He added another person didn't want "to work with this team because he thinks this team sucks."In May 2012, Facebook launched a photo-sharing app called Facebook Camera, which aims to make it simpler for the social network's users to upload and browse photos on smartphones. Only weeks after Facebook spent $1 billion on a similar photo-sharing app called Instagram. Zuckerberg tried to buy Snapchat for $6 billionZuckerberg's failed bid to buy Snapchat was highlighted by the government to bolster its argument that Meta sought to maintain its dominance in the social media market through acquisitions rather than competition.Facebook isn't really for friends anymoreWhile under questioning by the FTC, Zuckerberg said that Facebook had greatly evolved since he launched the platform more than 20 years ago and that its main purpose wasn't really to connect with friends anymore.The FTC argues that Meta monopolizes the market for "personal social networking services.""The friend part has gone down quite a bit," Zuckerberg testified. He said the Facebook feed has "turned into more of a broad discovery and entertainment space."Not impressed by WhatsApp cofounderZuckerberg wasn't too impressed with one of WhatsApp's cofounders after a 2012 meeting he had with company leadership."I found him fairly impressive although disappointingly (or maybe positive for us) unambitious," Zuckerberg wrote in an email to colleagues after the meeting, it was revealed at trial.Jan Koum and Brian Acton cofounded WhatsApp in 2009. Zuckerberg said in his testimony that he thinks he was referring to Koum. Asked about his email, Zuckerberg seemed uneasy. He said that Koum was clearly smart but that he and Acton were staunchly opposed to growing their messaging app enough to be a real threat to Facebook. Zuckerberg would go on to buy WhatsApp in 2014 for $19 billion.Mark Zuckerberg's Meta Platforms adds former Trump advisor to the board days before an antitrust showdown with the FTCMeta Platforms is further boosting its lineup of heavy hitters with the additions of Stripe CEO Patrick Collison and Dina Powell McCormick to the mix. Powell McCormick was the former Deputy National Security Advisor to President Donald Trump during his first term. Married to Republican Senator Dave McCormick, former CEO of Bridgewater Associates, one of the world's largest hedge fundsStakeholder/shareholder activism NonsenseBP suffers investor rebellion at first AGM since climate strategy U-turnBP suffered an investor rebellion on Thursday after facing shareholders for the first time since abandoning its climate strategy at a meeting marred by protest.About a quarter of shareholders (24.3%) voted against the chair, Helge Lund, which marked the first time in at least a decade that more than 10% of BP's shareholders voted against the re-election of the chair.The outgoing chair told shareholders that the company had “pursued too much while looking to build new low-carbon businesses” but that “lessons have been learned”.BP's CEO Murray Auchincloss (2.7% against), repeated his previous claim that BP's optimism in the global green energy transition was “misplaced”, and that the board's “one simple goal” was to “grow the long-term value of your investment”.Mark Van Baal, the founder of the green activist investor group Follow This, said shareholders had “made it clear that weakening climate commitments is unacceptable”. He added: “This historical result serves as a wake-up call to BP's board and emphasises investor expectation for robust governance mechanisms and genuine leadership on ESG issues.”Starbucks CEO faces major backlash after details of his work routine are revealed: 'Ill-conceived decision'A press release from the National Center for Public Policy Research reported on the hypocrisy of Starbucks CEO Brian Niccol's transportation practices when considering the company's public commitment to eco-friendly practices.Niccol travels regularly from his home in Newport Beach, California, to Starbucks' headquarters in Seattle, Washington, via private jet. Each 2,000-mile round-trip commute releases nearly nine tons of carbon dioxide.The National Center for Public Policy Research's Free Enterprise Project's director Stefan Padfield pointed out the discrepancy of policy and practice during his presentation of Proposal 8 requesting an annual report on emissions congruency. He noted that each round trip made by Niccol "is roughly the annual energy-consumption footprint of the typical American household."This analogy paints a vivid picture of the hypocrisy between Starbucks' public environmental commitments and the practices of the CEO. Gaps are apparent. Target CEO Cornell meets with Sharpton to discuss DEI rollback as civil rights leader considers boycottCEO Brian Cornell met with the Rev. Al Sharpton in New York on Thursday as the retailer faces calls for a boycott and a slowdown in foot traffic that began after it walked back key diversity, equity and inclusion programs, the civil rights leader told CNBC Wednesday.The meeting, which Target asked for, comes after some civil rights groups urged consumers not to shop at Target in response to the retailer's decision to cut back on DEI. While Sharpton has not yet called for a boycott of Target, he has supported efforts from others to stop shopping at the retailer's stores.“You can't have an election come and all of a sudden, change your old positions,” Sharpton told CNBC in a Wednesday interview ahead of the meeting. “If an election determines your commitment to fairness then fine, you have a right to withdraw from us, but then we have a right to withdraw from you.”IBM Informs Staff of DEI Retreat as Trump-Era Scrutiny GrowsEmployees were told of the changes earlier this week, in a memo that cited “inherent tensions in practicing inclusion.” Legal considerations and shifting attitudes to DEI were among the factors for the company. IBM CEO Arvind Krishna discussed the changes in his monthly video update to employees Thursday.Anti-DEI activist Robby Starbuck said he first contacted the company in February to question its policies. IBM confirmed it discussed its changes with Starbuck.The company (-10% gender influence gap) also disbanded a diversity council that represents the views of employee groups as part of its reevaluation.Exxon Faces No Shareholder Proposals for First Time in 25 YearsThe absence of requests in Exxon's proxy statement comes a year after the company sued two climate-focused investors to remove what it described as their “extreme agenda.” It also tracks with the US Securities and Exchange Commission's decision to back guidelines that make it easier for corporations to block votes on shareholder resolutions at their annual meetings.Exxon said in a statement late Monday that it received only one proposal this year and the SEC agreed it should be discarded because “it tried to micromanage the company.”Occidental Petroleum Corp., Valero Energy Corp. and Dow Inc. are other companies with no shareholder proposals up for vote at this year's annual meetings.Exxon said this year marks “the first time in recent history that our proxy includes zero proposals from activists.” It was just four years ago that a small fund scored a victory over Exxon, placing three directors on the company's board.Climate activist shareholder group Follow This pauses big oil campaignClimate activist shareholder group Follow This said on Thursday a lack of investor appetite has forced it to suspend its nearly decade-long campaign seeking stronger commitments from major oil and gas producers to emission cutsHarley-Davidson slams activist investor, saying its campaign is messing up its CEO searchIn early April, H Partners' Jared Dourdeville, who had been a Harley director since 2022, abruptly resigned from the board, saying among other things that Harley had “cultural depletion” because of its work-from-home policies and the exit of several senior leaders. And that was not his only point of contention with the rest of the board.Investment firm H Partners, a major investor with 9.1% of Harley's shares, in an open letter filed on Wednesday, urged fellow shareholders to remove three longtime directors from Harley's eight-member board at its annual meeting in mid-May by withholding votes for them. H Partners said the board had not held Harley CEO Jochen Zeitz accountable for what it called his repeated “strategic execution failures” and “severe underperformance.”CEO/Chair Zeitz (2007, 30%)Lead DIrector Norman Thomas Linebarger (2008, 13%)Sara Levinson (1996, 20%)"We believe Mr. Zeitz, Mr. Linebarger, and Ms. Levinson should be held accountable for the destruction of shareholder value,"Harley's bylaws stipulate that directors who win less than 50% of votes in an election must tender their resignations.Harley announced last week that Zeitz, CEO since 2020 and board member for 18 years, would resign but stay in his role until a successor is found. H Partners wants him out now.That followed a letter issued a day earlier by Harley-Davidson, which accused H Partners of “publicly campaigning” against it and saying that those efforts are also “adversely impacting the CEO search process and ongoing execution of the Hardwire strategic plan,” referring to a turnaround plan it launched in 2021.Harley said that it began a CEO search late last year after Zeitz expressed interest in retiring and has interviewed three potential CEOs, including one supported by Dourdeville, but declined to offer any the job. The company has also said that Dourdeville had cast only one vote against the majority during his time as a director and that as recently as November 2024 he had expressed support for Zeitz.Harley-Davidson faces board fight from H Partners amid calls for CEO to exit soon
Ÿael Ossowski offers a wider perspective around Meta Platforms' (META) antitrust trial launched by the FTC. He considers it the first test for the Trump administration to set the tone on what antitrust means in the U.S. and the message it sends abroad. CEO Mark Zuckerberg said there's plenty of competition already, especially TikTok.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about
"The tariff gun won't fire as loudly as everyone realizes," argues Jeffrey Small. He believes markets will fall another 5% to 10% at most before hitting a bottom, telling investors that now is the time to buy. He points to Meta Platforms' (META) "epically low" valuation compared to what he believes the company is worth. Jeffrey is also bullish on other Mag 7 names, along with streaming giant Netflix (NFLX), which he expects to weather the tariff storm.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about
P.M. Edition for April 14. The U.S. administration is backing away from cases involving foreign bribery, public corruption, money laundering and crypto markets. WSJ reporter Dave Michaels says the administration is effectively redefining what business conduct constitutes a crime. And WSJ reporter Peter Grant says Trump's appetite for tariffs is threatening a post-Covid bounce for the U.S. office space market. Plus, what's at stake for Meta Platforms—which owns Instagram and WhatsApp—in its antitrust trial brought by the Federal Trade Commission. Pierre Bienaimé hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
This Day in Legal History: First American Anti-Slavery Society OrganizedOn April 14, 1775, in Philadelphia, Pennsylvania, the first American society dedicated to the abolition of slavery was organized. Known as the Society for the Relief of Free Negroes Unlawfully Held in Bondage, it marked a critical early step in the formal anti-slavery movement in the United States. Among its key founders were Benjamin Franklin and Dr. Benjamin Rush, both prominent figures of the American Enlightenment and signers of the Declaration of Independence. The society was composed primarily of Quakers, whose religious convictions aligned with the idea that slavery was morally wrong and incompatible with Christian values.While its initial activities were limited, the group laid the groundwork for more organized and effective abolitionist efforts in the decades to come. In 1787, after the American Revolution, the society was reconstituted as the Pennsylvania Society for Promoting the Abolition of Slavery, with Franklin serving as its president. This reorganization gave the movement greater political clout and visibility. The society pushed for gradual emancipation, legal reforms, and the education and employment of freed Black individuals.Franklin's involvement lent substantial legitimacy to the cause, especially when he submitted a petition to the First Congress in 1790 calling for the federal government to take action against slavery. Although the petition was ultimately rejected, it sparked the first significant congressional debate over slavery in U.S. history. The 1775 founding of the original society represents a rare pre-Revolutionary acknowledgment of slavery's moral contradictions within the new American experiment. It also helped forge an early link between legal reform and moral advocacy, a tradition that would define much of the abolitionist movement in the 19th century.Meta Platforms, the parent company of Facebook, is set to face trial in Washington over allegations that it created an illegal monopoly by acquiring Instagram and WhatsApp. The Federal Trade Commission (FTC) argues that these billion-dollar acquisitions were designed to eliminate emerging competition and solidify Facebook's dominance in the social media space. Filed in 2020, the case seeks to force Meta to sell off Instagram and WhatsApp, a move that would significantly impact the company's business, especially since Instagram alone is estimated to account for over half of its U.S. ad revenue.Meta's legal team has pushed back, calling the case weak and politically motivated. CEO Mark Zuckerberg is expected to testify, facing scrutiny over past emails where he framed the Instagram acquisition as a defensive move against competition. Meta argues that the market has since changed, with strong competition from TikTok, YouTube, and Apple's messaging services.The FTC claims Meta still dominates platforms for sharing content among friends and family, while alternatives like Snapchat and MeWe lack sufficient market presence. U.S. District Judge James Boasberg has allowed the case to proceed but acknowledged the FTC faces a tough road. The trial will run through July and, if the FTC prevails, a second trial will determine remedies like a forced breakup. The case is one of several targeting alleged monopolistic practices by major tech firms, including Google, Amazon, and Apple.Facebook owner Meta faces existential threat at trial over Instagram, WhatsApp | ReutersThe Trump administration has repeatedly accused immigrants of serious criminal ties—such as gang leadership or terrorism—without backing those claims with evidence in court. Presumably because they aren't interested in immediately perjuring themselves. One high-profile example involved the FBI's arrest of a Salvadoran man in Virginia, publicly labeled a top MS-13 leader and terrorist. Yet the Justice Department dropped the sole charge—illegal gun possession—and instead moved to deport him without pursuing gang-related allegations in court. A similar case involved Kilmar Abrego Garcia, who was deported and later labeled a human trafficker, though no such charge appeared in legal filings. Officials also deported 238 Venezuelans alleged to be part of the Tren de Aragua gang, despite some having no criminal records. Homeland Security Secretary Kristi Noem defended their imprisonment, citing national security, while declining to present supporting evidence. Legal experts caution that making unsupported public accusations risks undermining prosecutions and due process, as it can taint juries and violate Justice Department policy.Some judges have pushed back. U.S. District Judge Paula Xinis emphasized that serious accusations should be vetted through the legal system, not just made in press conferences. Meanwhile, other alleged MS-13 members were charged through traditional indictments, showing the DOJ still uses evidence-backed prosecutions in some cases. Critics say the administration's approach mixes law enforcement with political messaging, leveraging public fear to justify aggressive immigration actions.Trump officials push immigrant gang message, but sometimes don't back it up in court | ReutersA group of Harvard University professors has filed a lawsuit to stop the Trump administration from reviewing nearly $9 billion in federal grants and contracts awarded to the university. The lawsuit, brought by the Harvard chapter of the American Association of University Professors and its national organization, argues that the administration is unlawfully targeting the school to suppress free speech and academic freedom. The review was announced amid ongoing scrutiny of elite universities over pro-Palestinian protests, diversity programs, and transgender policies.Federal agencies including the Departments of Education and Health and Human Services, along with the General Services Administration, began investigating $255.6 million in contracts and $8.7 billion in multi-year grants. They demanded Harvard meet conditions to continue receiving funds, such as banning protester mask-wearing, eliminating DEI programs, cooperating with law enforcement, and revising departments allegedly involved in antisemitic harassment.The administration has cited Title VI of the Civil Rights Act of 1964, which prohibits discrimination at federally funded institutions, as its legal basis. However, the plaintiffs argue that the government has not followed the proper legal process and is instead using funding threats to impose political viewpoints. Harvard law professor Andrew Crespo said the government cannot silence speech it disagrees with through funding leverage.Harvard professors sue over Trump's review of $9 billion in funding | Reuters This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe
Oral Arguments for the Court of Appeals for the Federal Circuit
Xerox Corp. v. Meta Platforms, Inc.
Guest: Pedro FranceschiPedro Franceschi is the co-founder and CEO of Brex, a fintech company reshaping how businesses manage their finances.Originally from Brazil, Pedro went from teenage hacker to leading one of the most well-known names in modern financial technology—building a platform trusted by startups and enterprises alike.In this episode, Pedro shares what it took to launch “Brex 3.0,” why he moved to a single-CEO model, and how tough structural changes set the stage for leaner, faster growth.Chapters:00:00 Trailer00:46 Introduction01:45 Startup roller coaster05:21 Founders know how to have fun07:12 Belief barrier evolution12:00 Early state of life in Brazil13:23 Controlling variables15:32 Screen time19:23 Making small decisions23:27 Learning raises the bar26:15 People manager38:49 Getting underwater42:05 Growth accelerated47:51 Vision from the top down52:13 Leadership organization54:01 AI software engineering physics54:43 People complain about change59:42 Believers and non-believers1:04:09 Equity and bonus controversy1:08:40 Big swings and going public1:14:15 Control in unpredictability1:18:04 Living in a pixel1:19:52 Meditate, sleep, diet, exercise1:24:36 Mental health and stress1:33:12 Who Brex is hiring1:33:49 What "grit" means to Pedro1:34:39 OutroMentioned in this episode: Silicon Valley, Facebook, Meta Platforms, Inc., Mark Zuckerberg, Mastercard, Rio de Janeiro, iPhone, Bill Gates, Tim Urban, Jony Ive, Apple Inc., LinkedIn, Salesforce, Brian Chesky, Airbnb, Anthropic Claude, Cursor, Codeium Windsurf, Cognition Labs Devin, Vercel, Retool AI, Amplitude, Spenser Skates, Elon Musk, Tesla, Inc.Links:Connect with Pedro:XLinkedInConnect with Joubin:XLinkedInEmail: grit@kleinerperkins.comThis episode was produced by Kleiner Perkins and edited by IQvideo.The trailer and distribution for this episode were handled by Atomik Growth.Learn more about Kleiner Perkins
US equity futures sharply lower, with S&P futures down 3.4%. European equities sharply lower and Asian equities suffered their worst declines since 2008. Markets remain pressured by ongoing tariff concerns, with Trump dismissing recent volatility and reiterating tariffs as structural measures aimed at trade rebalancing and funding. Multiple countries expressed openness to negotiations, but uncertainty persists given Trump's commitment to aggressive tariff policy. Meanwhile, China state media indicated possible frontloading of stimulus measures, including RRR and interest rate cuts. Asian authorities intervened to stabilize markets, with Taiwan temporarily banning short selling and RBI expected to provide significant cash injections.Companies mentioned: TikTok, Meta Platforms
President Trump is due to unveil sweeping tariffs tomorrow afternoon—but what exactly he will announce is unclear. Plus: executives at Meta Platforms press trade officials to fight an expected European Union fine and cease-and-desist order. Pierre Bienaimé hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
This Day in Legal History: Wong Kim Ark becomes Wong Kim ArkOn March 28, 1898, the U.S. Supreme Court issued a landmark decision in United States v. Wong Kim Ark, affirming that a child born in the United States to Chinese immigrant parents was a U.S. citizen by virtue of the Fourteenth Amendment. Wong Kim Ark was born in San Francisco in 1873 to Chinese nationals who were legally residing in the U.S. but ineligible for naturalization due to prevailing immigration laws. After a visit to China in 1895, he was denied re-entry on the grounds of the Chinese Exclusion Act, which severely restricted immigration from China and barred Chinese nationals from becoming citizens.The Court rejected the government's argument that children of Chinese immigrants were not subject to U.S. jurisdiction and thus not entitled to birthright citizenship. In a 6–2 decision, the Court held that the Fourteenth Amendment guaranteed citizenship to nearly all individuals born on U.S. soil, regardless of the nationality or immigration status of their parents. This decision established a major precedent for interpreting the Citizenship Clause of the Fourteenth Amendment and reinforced the principle of jus soli, or right of the soil.The ruling came during a period of intense anti-Chinese sentiment, when the Chinese Exclusion Act of 1882 and its extensions aimed to restrict Chinese immigration and civil rights. Wong Kim Ark was a significant rebuke to efforts that sought to limit the constitutional rights of U.S.-born children of immigrants, and it laid the foundation for future interpretations of birthright citizenship.The Senate's vote to repeal the Consumer Financial Protection Bureau's $5 cap on overdraft fees is a clear signal: protecting bank profits matters more to Senate Republicans than shielding consumers from predatory financial practices. With a 52-48 vote, Republicans—joined by only one Democrat—moved to dismantle a regulation designed to curb exploitative overdraft charges that routinely hit working-class Americans the hardest.This isn't a technical policy disagreement—it's a choice to side with an industry that routinely charges Americans up to $35 for covering small shortfalls, even when the overdrafted amount is often less than the fee itself. The CFPB's rule was narrow, targeting only large banks and credit unions with more than $10 billion in assets, and still allowed higher fees if justified by actual costs. It was a modest, evidence-based consumer protection measure.The financial industry's immediate lawsuit and the GOP's use of the Congressional Review Act to kill the rule reveal the coordinated effort to preserve a lucrative revenue stream. The overdraft fee fight is just one piece of a broader Republican strategy to roll back protections the CFPB has implemented—protections meant to hold powerful financial institutions accountable.No one should mistake this vote as anything other than what it is: an effort by Senate Republicans to keep consumers on the hook, ensuring that banks and credit unions can continue bleeding them dry in the name of "choice" and "flexibility"—buzzwords that conveniently mask an enduring deference to corporate power. They'll couch these kinds of moves in language of fairness–pretending they ensure lower-income consumers are given access to these financial instruments. A moment's reflection, however, makes it clear that even under their best dressed reasoning they're looking to enable banks to charge exorbitant fees to account holders in precarity. Senate Votes to Repeal CFPB's $5 Cap on Bank Overdraft Fees (1)Yesterday, President Donald Trump issued an executive order against the prominent law firm WilmerHale, following its connections to Robert Mueller, the former special counsel who led the investigation into Russian interference in the 2016 election. The order directs federal agencies to cancel contracts with WilmerHale's clients, revoke lawyers' security clearances, and restrict access to U.S. government buildings. This is part of a broader strategy targeting law firms with ties to Mueller's investigation, including Perkins Coie, Paul Weiss, and Jenner & Block.Trump criticized Mueller's investigation as an example of government overreach, labeling it as politically motivated. In addition to its ties to Mueller, Trump also accused WilmerHale of discriminatory practices in its diversity programs, echoing similar claims against other law firms earlier this month. The firm, which has a long-standing history of handling high-profile cases, responded by labeling the order unlawful and vowed to seek appropriate remedies.WilmerHale, a major player in litigation with over 1,100 lawyers, represents a variety of high-profile clients, including Gilead, Comcast, and Meta Platforms. The firm has also been involved in cases challenging actions taken by the Trump administration, fueling further tensions. Notably, Trump also targeted other firms for their involvement in the Russia investigation and opposition research, but some, like Paul Weiss, have managed to have orders rescinded by agreeing to specific terms, including providing legal services aligned with Trump's agenda.Trump Hits WilmerHale With Executive Order Over Mueller Ties (2)Trump targets another law firm, citing ties to Robert Mueller | ReutersA federal judge has temporarily blocked the Trump administration from enforcing a Labor Department rule that would force grant recipients to abandon their diversity, equity, and inclusion (DEI) programs. The decision, issued by U.S. District Judge Matthew Kennelly in Chicago, halts a two-week enforcement window of a January executive order that required organizations receiving federal funds to certify they don't operate any DEI initiatives—even those unrelated to their grants.The case was brought by Chicago Women in Trades (CWIT), a nonprofit that trains women for skilled labor jobs and receives federal funding. The judge sided with CWIT's argument that the DEI restriction violates First Amendment protections, noting that such a rule could pressure grantees into self-censorship. Kennelly also blocked the Labor Department from terminating CWIT's funding under Trump's directive to eliminate “equity-related grants,” though this protection applies only to CWIT and not nationwide.Kennelly's order represents a legal pushback against Trump's broader effort to dismantle DEI initiatives across government agencies and contractors. While a federal appeals court recently upheld a temporary ban on DEI programs in federal agencies and contracting businesses, this ruling suggests courts may scrutinize how far the administration can go in policing DEI-related activity outside direct federal oversight.The ruling underscores an emerging legal battleground over free speech, anti-discrimination law, and the limits of executive authority in regulating DEI efforts.Judge blocks Trump's Labor Department from requiring grant recipients to abandon DEI | ReutersA federal judge has ordered the Trump administration to preserve Signal messages exchanged by top officials regarding planned military strikes in Yemen. The messages, inadvertently shared with a journalist from The Atlantic, revealed internal discussions involving Defense Secretary Pete Hegseth and CIA Director John Ratcliffe about timing and targets of attacks against the Houthi militant group. U.S. District Judge James Boasberg's ruling mandates that all Signal messages sent between March 11 and March 15 be retained by the agencies involved.The order came in response to a lawsuit filed by American Oversight, a government watchdog group, which argued that the use of auto-deleting messaging apps like Signal violated federal record-keeping laws. The lawsuit doesn't focus on the national security aspects of the disclosure but rather on the legal obligation of government agencies to preserve official communications.The controversy deepened after Attorney General Pam Bondi publicly criticized Boasberg, accusing him of political bias and claiming he was attempting to obstruct Trump's agenda. Trump himself has previously called for Boasberg's impeachment after the judge blocked a deportation policy targeting Venezuelan migrants—an action later upheld by an appeals court.The White House has not commented on the matter, but the episode has sparked scrutiny over the administration's handling of sensitive military planning and whether efforts to bypass official communication channels undermine transparency and accountability.Judge orders Trump administration to preserve Yemen attack plan messages | ReutersThis week's closing theme is by Sergei Rachmaninoff.This week's closing theme is one of the most beloved and instantly recognizable moments in all of classical music: Variation XVIII from Rhapsody on a Theme of Paganini, Op. 43 by Sergei Rachmaninoff, in a solo piano arrangement by Schultz. Rachmaninoff composed the Rhapsody in 1934 during his later years in exile from Russia, blending his romantic sensibilities with virtuoso brilliance. The work is a set of 24 variations on the 24th Caprice by Niccolò Paganini, itself a legendary theme known for dazzling technical demands.While most of the piece is fiery and rhythmic, the 18th variation stands apart—lyrical, sweeping, and emotionally expansive. In fact, it's a musical inversion of Paganini's theme, reimagined as a lush romantic melody that seems to rise straight out of the piano's depths. Rachmaninoff himself admitted it was his favorite part of the piece, and it's easy to understand why: it's tender, grand, and full of longing.This solo arrangement by Schultz pares down the orchestral drama but keeps all the expressive power, letting the piano sing with full-hearted warmth. The variation has since transcended its classical origins, appearing in films, commercials, and pop culture, yet it never loses its emotional punch. It's the kind of music that doesn't need explanation—it just resonates.Rachmaninoff, ever the late Romantic in a century veering toward modernism, poured his soul into his music. This variation, placed deep in a virtuosic whirlwind, emerges like a moment of clarity—an unguarded confession in a storm. Let it carry you out this week. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe
Andrew Arons believes markets are due for a rebound, calling current prices a "sale" for investors. He points to Meta Platforms' (META) 10-year low P/E ratio and Amazon's (AMZN) reach in the A.I. and retail baskets as bullish signs for the Mag 7 giants. As for TJX Companies (TJX), Andrew notes its response to tariffs as a strong signal of resiliency.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about
Options guru Jeff Fischer discusses with 7investing how options can be used as a complement to stocks to boost the returns of a long-term investment portfolio.When used responsibly, options can be a fantastic way to boost the overall returns of an investment portfolio.But options are also shorter-term in nature and they are more highly-exposed to risks and uncertainties. So how, exactly, should investors be using them responsibly? Jeff Fischer has three decades of investing experience. Between writing content for retail investors, co-founding multiple options newsletters, and even managing a hedge fund, he has a wealth of knowledge about investing strategies to generate long term returns.In our recent conversation on March 7, 2025, Jeff discussed how options can be a long-term investor's best friend for boosting returns -- but they also have a few nuances that shouldn't be ignored.Options are best used as a complement to stocks. Jeff describes why he's often writing puts to generate income when he wants to buy a stock at a particular price and writing calls when he's willing to sell a stock for a certain price.We also discussed how investing in options can be slightly different than investing in stocks. Due to their shorter-term nature, options are more exposed to the behavior of the stock market and are more heavily influenced by its current mood of optimism or pessimism. While technical factors do play a role, options strategies should still be built upon fundamental research and valuation.Jeff then described the tradeoff between an option's intrinsic value and its time value. When selling options, you get paid the premium upfront; and you can later buy it back in the future to close out the contract. Jeff typically looks to close out options positions he has written if they've reached 80% or more of the premium's total value -- meaning there's less than 20% of the initial premium left on the contract.We then discussed the difference between retail and institutional investors. Retail investors have the freedom to invest anywhere they would like, but institutions prefer much more predictability and credibility. When retirement funds are at stake, institutional investors are looking for their fund managers to reliably execute on the strategy they were created to accomplish. In the outro, Jeff offered the sectors and stocks that he most enjoys to invest in. During his 30 year career, he's mostly preferred software companies like Alphabet and Meta Platforms. He also mentioned Airbnb as a most recent opportunity investors might want to consider.To have our investing insights delivered to your Inbox every week, please join our free 7investing newsletter today.
Oral Arguments for the Court of Appeals for the Federal Circuit
Express Mobile, Inc. v. Meta Platforms, Inc.
Oral Arguments for the Court of Appeals for the Federal Circuit
Xerox Corp. v. Meta Platforms, Inc.
Joe Cantu explains how to make money in the stock market by predicting the future price of a stock. He provides the future prices for Amazon, NVIDIA, Walmart, Meta Platforms a.k.a. Facebook, Palantir, Broadcom, Apple and Royal Caribbean. He mentions that this is excellent for Advanced Retirement Investors but it is also useful for beginning retirement investors, as well. Cantu Tactical Wealth Management Client' own many of these stocks as of February 27, 2025. The prices are as of February 27, 2025. Disclosure: You can lose money investing in the stock market. This podcast is for entertainment and educational purposes only. Any stocks mentioned in the podcast do not constitute a recommendation. YOu should speak with your own advisors for any financial advise. Joe Cantu and Cantu Tactical Wealth Management is a fiduciary, registered investment advisor in the states of California, Florida, Georgia and Texas offering pure independent advice and money management. TranscriptHow to make money in the stock market? It's obviously buy low and sell high. Is when the market is down, people are afraid. Uncertainty causes fear. And fear creates selling and volatility in the market. And I have another video that talks about uncertainty and how to predict the long-term direction of the market. However, I made this video for our clients so y'all can see the long term one year price target of these stocks in other. What are some of the stocks we own and where are they going? This is also a good video for advanced retirement investors because it teaches you. A main concept on how to make money in the stock market by analyzing price targets. So what? Going to do in this video is we're actually going to look into the future. Of some of the very best stocks in America, of which you, our clients out there own several of these positions. So, one of the hidden truths out there, and I call it a hidden truth. Is because you have to uncover. So, to speak. Uncover the price target. It's not readily available. It's not published in the newspapers. You typically have to get it through a research company. But it provides a valuable, valuable item of information. On the prediction of the future of a stock price. And I call it uncovering because you do have to have some research capabilities, programs to find these numbers. What is the one year price target of a stock? We have analyst on Wall Street who predict. The 12 month price target of a stock. It's actually predicting the future of where stock is going. They write a research report. And they publish it. For example, if you're the beverage analyst and you follow Coca-Cola and Pepsi, then you will write a research report on that saying what you think that stock price will be in a year. We will be looking at the one year price target of some of the positions that we own here at Cantu Tactical Wealth Management. Many of you clients will be familiar with some of these stocks because they're in your retirement accounts. But I will show you where the stock is going in our opinion. I have reviewed 20 to 40 different analyst price targets to come up with these numbers. Since I also have people listening on a podcast, maybe driving to work, I will be naming the names and the prices. So there's Apple, Amazon, Broadcom, Costco, Meta platforms, also known as Facebook, NVIDIA, Netflix, Palantir, Royal Caribbean, and Walmart. Now let me go through some of the prices and price targets. So Apple, for example, trading as a February 27th, 2025. Is $237 the all time high for the stock? Is $260, yet the one year price target is $278. Amazon trading at $210.00. All time high price was $242 when your price target 264 dollars. Broadcom $200 all time high price 251 dollars one year price target $250 Costco 1030 dollars all time high price 1078 dollars. One year price target 1096 dollars meta platforms trading at 663 dollars. All timehttps://youtu.be/UrYxlJ31r2I Youtube Link:
WhatsApp, la populaire application de messagerie détenue par Meta Platforms, est désormais soumise à des réglementations plus strictes au sein de l'Union européenne (UE). Cette évolution découle de sa récente classification en tant que « très grande plateforme en ligne » (Very Large Online Platform, VLOP) conformément au Règlement sur les services numériques (Digital Services Act, DSA). Cette désignation impose à WhatsApp de renforcer ses mécanismes de modération des contenus, notamment en ce qui concerne les contenus illicites et ceux promouvant les violences sexistes.Contexte et implications de la désignation VLOPLe DSA, entré en vigueur le 25 août 2023 pour les plus grandes plateformes numériques, vise à créer un environnement en ligne plus sûr et transparent. Les plateformes comptant plus de 45 millions d'utilisateurs actifs mensuels dans l'UE sont classées comme VLOP et doivent se conformer à des obligations accrues. WhatsApp ayant atteint environ 46,8 millions d'utilisateurs mensuels moyens dans l'UE, elle entre désormais dans cette catégorie. En tant que VLOP, WhatsApp est tenue de mettre en place des mesures robustes pour détecter et supprimer rapidement les contenus illégaux, y compris ceux incitant à la violence ou à la haine, ainsi que les contenus promouvant les violences sexistes. Cela inclut la mise en œuvre de mécanismes permettant aux utilisateurs de signaler facilement de tels contenus et la coopération avec des « signaleurs de confiance » pour identifier efficacement les infractions. Obligations supplémentaires et sanctions potentiellesOutre la modération des contenus, le DSA impose aux VLOP des obligations supplémentaires, telles que :- Transparence accrue : fournir des rapports réguliers sur les actions de modération entreprises et sur le fonctionnement des algorithmes de recommandation.- Protection des droits fondamentaux : assurer que les mesures de modération respectent la liberté d'expression et autres droits fondamentaux des utilisateurs.- Accès aux données pour les chercheurs : permettre aux chercheurs accrédités d'accéder aux données pertinentes pour analyser les risques systémiques posés par les services de la plateforme.Le non-respect de ces obligations peut entraîner des sanctions sévères, pouvant aller jusqu'à 6 % du chiffre d'affaires annuel mondial de l'entreprise concernée. Engagement de WhatsApp à se conformerFace à ces nouvelles exigences, WhatsApp a annoncé son intention de se conformer pleinement aux directives européennes. Cela implique probablement des mises à jour de ses politiques de confidentialité et de modération, ainsi que des ajustements techniques pour répondre aux standards imposés par le DSA. Cette démarche s'inscrit dans un contexte où d'autres plateformes de Meta, telles que Facebook et Instagram, sont déjà soumises à ces régulations renforcées.Perspectives futuresL'application du DSA marque une étape significative dans la régulation des services numériques au sein de l'UE. En obligeant des plateformes majeures comme WhatsApp à adopter des pratiques de modération plus strictes, l'UE vise à protéger les utilisateurs contre les contenus nuisibles tout en garantissant le respect des droits fondamentaux. Cette évolution pourrait également servir de modèle pour d'autres juridictions envisageant des régulations similaires. Hébergé par Acast. Visitez acast.com/privacy pour plus d'informations.
US equity futures are pointing to a slightly lower open today after posting negative performance on Thursday. European markets have opened mixed, following mostly higher levels in Asian markets. US exceptionalism narrative retreating following bellwether Walmart earnings and weak retail sales data, alongside Trump's latest tariff warning on pharmaceuticals, chips and wood. Focus in Europe is on PMIs. No incremental news on geopolitical front, but media highlights EU challenges if US pulls back support for Ukraine.Companies mentioned: Nissan Motor, Tesla, Meta Platforms, KKR, Celsius Holdings
Following the end of Meta Platforms' (META) 20-session win streak, Ron Westfall points to artificial intelligence as the next catalyst in the company's growth story. Ron says META A.I. will make a difference in monthly active users, and believes it can reach 1 billion MAU by the end of 2025.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about
Want some Idiot time but no time (or patience) to listen to us for a full episode?Check out these segments from podcast episode #225!People are leaving Meta social media platforms and seeking other options.Post Malone is partnering with Oreo on a promotional flavor! In our “Ask An Idiot” segment we ask ourselves if we could create an Oreo flavor what would it be?Warning as usual for some explicit language & content from us Idiots!Have a drink with us and listen weekly for pop culture talk, nerdy debates, personal insults & questionable jokes on your favorite podcast platforms including Apple Podcasts, Spotify, Overcast, Pocket Casts, Amazon Music, iHeart Radio, Vurbl, Goodpods, Podvine & more! Watch us on our YouTube channelhttps://youtube.com/@convincingidiots?si=SWpsPG0wUhBwr-UkShow info can be found on our website: Convincing Idiots – We are a podcast of pop culture talk, nerdy debates & personal insults!Find show links on our Link Tree:https://linktr.ee/ConvincingIdiotsEmail us at ConvincingIdiots@gmail.com. Main Podcast Page:https://anchor.fm/convincing-idiotsEnjoying the show? Consider becoming a Patreon: https://www.patreon.com/ConvincingIdiots YouTube Music app:https://music.youtube.com/channel/UCKa-u-b0Hd30AYxgzoS6aOg?si=GxMuyf3nlSROrdIDShow merch store here:https://www.teepublic.com/stores/convincing-idiots?ref_id=33680Come be dumb with us & listen & subscribe!
Watch The X22 Report On Video No videos found Click On Picture To See Larger PictureThe green new scam is not just dead in the US but is spreading across the EU. The ECB has made it clear they will not have a bitcoin reserve. The ECB cut rates and Trump is now calling out the Fed for not cutting rates. He is going to show the people how to control inflation. The [DS] is panicking over Trump's nominees, they know that once the are confirmed they will begin dismantling their criminal syndicate. In DC there was a helicopter and plane that collided. Was this an accident because of DEI or was this a targeted hit. Blackhawk pilots are trained to quickly maneuver. Trump is now creating EOs that he is preparing for the next phase of his plan, draining the swamp. (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy The Green New Deal Is Dead, Even In Europe. Thank Trump Trump pulls the US out of the Paris Accord. And the long-suffering Green New Deal is on the deathbed in Europe. Joining Forces in Europe Euractiv reports France's Far-Right Asks EPP to End the Green Deal Together. French far-right leader Jordan Bardella senses an opening for a right-wing coalition to tear down the European Green Deal. The European far right has long opposed the Green Deal. But Bardella's comments came after several leading EPP figures — as well as France's centrist government — demanded revisions or outright repeals of core Green Deal legislation last week. Source: zerohedge.com https://twitter.com/disclosetv/status/1884973645895700864 https://twitter.com/BitcoinMagazine/status/1885049309369970761 https://twitter.com/KobeissiLetter/status/1884954629638664274 https://twitter.com/KobeissiLetter/status/1884954631123435702 https://twitter.com/KobeissiLetter/status/1884954634839617838 Donald Trump lashes out after Federal Reserve keeps interest rates steady US president had called on the central bank to sharply reduce borrowing costs Trump bashes Fed after bank doesn't cut rates climate change, Inflation would never have been a problem. Instead, we suffered from the worst Inflation in the History of our Country! https://twitter.com/disclosetv/status/1884988865229832492 Political/Rights https://twitter.com/elonmusk/status/1884752000518181357 https://twitter.com/ChuckRossDC/status/1884720835644022843 https://twitter.com/MJTruthUltra/status/1884770928879341953 aliens to come to them and they will get them across. They're not just operating inside the United States, they're operating on the outside “We're not spending another dime to help with the destruction of this country.” That means NGO's… like HIAS NGO's which have been destroying this country via human trafficking, Drug trafficking, and resettling illegal aliens all across the United States.. not to mention the funding of terrorism. https://twitter.com/Patri0tContr0l/status/1885025821603033261 are going to counter man missing children and exploited children going forward.” Geopolitical/Police State Trump Settles with Meta Platforms for $25 Million After Social Media Giant Suspended His Accounts in 2021 President Donald Trump settled with Meta Platforms for $25 million after the social media giant suspended his accounts following the January 6, 2021, protests at the US Capitol. $22 million from the settlement will go to President Trump's presidential library. The rest will go to legal fees and to fellow plaintiffs who signed on to the case. Meta did not admit to any wrongdoing in the settlement.
Markets are moving higher.
Meta Platforms (META) is hitting an all-time high ahead of earnings - Rachel Dashiell examines the chart, which is showing short-term support around $655, and looks at where the stock could hit resistance on the long-term chart. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on DistroTV - https://www.distro.tv/live/schwab-network/ Follow us on X – https://twitter.com/schwabnetwork Follow us on Facebook – https://www.facebook.com/schwabnetwork Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about
This episode welcomes a friend to discuss leaving social media platforms, podcasting, being female with a bald head, and her experience in Magical Mentoring. Theadora's Bio : She's a storytelling enthusiast with a passion for liberation and empowerment. She has over a decade in Learning & Development, having trained leaders at top tech companies. She's a Podcaster, writer, and creator with a global audience. She'a the creator of the Mediocre Black Woman podcast and substack Key Points in this Episode: Leaving Meta: Explore the reasons behind Tandy and Thea's departure from Meta Platforms. Entertain why leaving these platforms might be a fit for you as well. Listen in on the personal, professional, wellness, and spiritual implications of this decision. The Significance of Baldness: Discuss the personal and societal perspectives on baldness, both for Thea and Tandy Explore the connection between physical appearance and self-identity. Lean in to the political, spiritual, and personal empowerment of the decision Hear Thea and Tandy's spiritual take on going bald Magical Mentoring: Thea shares some of her most pertinent experiences and takeaways from her session of Magical Mentoring with Tandy last Spring. Connect with Thea: Listen to The Mediocre Black Woman Podcast on Spotify. Subscribe to The Mediocre Black Woman on Substack. Check out the Goddesshood podcast on Spotify Explore Say What you Need to Say podcast on Spotify Resources: Group Magical Mentoring Begins March 7th, 2025. Exploration calls begin February 4th! This is mentoring via the tarot to heal core wounds. It's a fit if you're ready to dismantle internalized patriarchy to live a life by design, rather than a life by default, step into empowerment, manifestations, and confidence through shadow work, the witch narrative, and dark goddess energy. UnicornWellnessStudio.com Offering 30-min classical Pilates workouts in alignment to the astrological season and lunar cycles and Tandy's 41-day food reset. Subscribe to Tandy's weekly newsletter for more astrology insights and practical tips. Follow and DM on Instagram @tandy_gutierrez Email Tandy at tandy@unicornwellnessstudio.com Additional Resources: META ends its DEI programs via CNN How Mark Zuckerberg pivoted META to the right via NBC News META is ending its fact checking via NBC News. ***I'd also like to make a note that I had three other links to add to these notes specifically about META platforms that were from The New York Times, The Guardian, and ProPublica that were available prior to the inauguration that are no longer available. Scrubbed from the search engine. Additional episodes you might enjoy: EP 99: Aquarius Season Tarot Forecast EP 98: Aquarius Season Deep Dive and Energy Forecast EP 95: Nodes of Fate: Stepping into the Pisces Dream and Leaving Virgo Perfectionism Behind
After learning about the Lights Out Meta campaign, a boycott on all Meta platforms from January 19th thru January 26th, 2025, it sounded like a good idea, and after reading about it more extensively, I think it's a necessary one. Here are the articles I quote from in this one-off boycott episode: Meta's pivot to the right sparks boycotts and calls for a user exodus and- Lights Out Meta: R.E.M.'s Michael Stipe calls for Meta boycott to protest rise of US far-right and- Meta Boycott And TikTok Ban Could Signal Social Media's Transformation
Victor Varnado, KSN, and Rachel Teichman, LMSW, explore the fascinating world of Meta Platforms, the company behind Facebook, Instagram, and more. They delve into some current events that are currently unrolling: Facebook will get rid of their fact checkers and allow hate speech. Listen to more of this shocking story!Produced and hosted by Victor Varnado & Rachel TeichmanFull Wikipedia article https://en.wikipedia.org/wiki/Meta_PlatformsSubscribe to our new newsletter, WikiWeekly at https://newsletter.wikilisten.com/ for a fun fact every week to feel smart and impress your friends, and MORE! https://www.patreon.com/wikilistenpodcastFind us on social media!https://www.facebook.com/WikiListenInstagram @WikiListenTwitter @Wiki_ListenGet bonus content on Patreon Hosted on Acast. See acast.com/privacy for more information.
Plus: Business confidence in the eurozone declined further in December due to political instability and the threat of U.S. tariffs. Meta Platforms will allow some users to browse eBay listings on Facebook Marketplace. J.R. Whalen reports. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
Since Elon Musk started xAI last year, the company has been racing to catch up with competitors like Chat GPT-maker OpenAI, Anthropic, Meta Platforms and Alphabet. But can xAI stand on its own as a business? WSJ's Meghan Bobrowsky explains. Plus, new federal rules are aimed at making passwords easier to remember and more secure. We look at what that means for your logins, and how emojis factor into it. Danny Lewis hosts. Sign up for the WSJ's free Technology newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices