[Music] and listen I know this is uh a really really difficult time uh your soldiers your citizens particularly in the Northeast and kke are suffering tremendously but they need to know you need to know the United States is with you so much of the world is with you and they’re fighting not just for free Ukraine but for the Free World and the Free World is with you too
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I think that it is at risk of backfiring because of the fact that you know while it is understandable that the Biden Administration wants to continue to ensure that um there is adequate diversification of us Supply chains that there’s not overreliance on China and while it’s reasonable to look at what China is doing domestically um to bolster its economy and its emphasis on these strategic Industries um manufacturing more products and then selling them to um foreign markets the reality is that some of these things like critical minerals like lithium ion batteries are things that the United States doesn’t remotely begin to produce for itself in particular you know in any particular significance and that it
due to the implications of AI since uh September October we have stopped Recruitment and in our case with normal attrition rates that most tech companies have where people stay about 5 years this means that we are actually um shrinking in number of employees by about 20% per year um so we hope that by the time we kind of get to that perspective we’re going to be able to present something that looks like Revenue growth while cost actually diminishing at the same point of time
Adams lipy is going to step down as CEO of AWS Amazon web services the cloud unit effective June 3D Matt Garman who’s been at AWS since 2005 will take over in the CEO role um in a letter to to staff and shareholders Andy jasse who’s the overall CEO of Amazon said that you know Adam lipsky has decided to take a next step in his career and move away you know AWS is just so critically important right and and Adams lipsky leaves AWS in pretty rude Health $100 billion Revenue run rate um he’s really made AWS the main stay of Amazon’s cash flow it’s basically the majority of operating income right away from Amazon’s other e-commerce ...
the message from the White House is clear targeted tariffs electric vehicles 102 a half% steel and aluminium 25% total package 18 billion dollar but it’s not going to hurt you here in the pockets if you’re in the US this is about the theater of tarff rather than the reality of biting at real Chinese Imports to the PPI this is the narrative this’s a slight pop in the bond prices but it is PPI excluding food and energy plus 4% it’s just hotter than the market had anticipated and the New York fed readings yesterday also unsettled the market in readings hire for one and for five years he’s back it is Keith Gil this is the man ...
so Tesla started hiring back some of the supercharger team that were laid off you’ll remember that Elon Musk cut almost the entirety of the supercharger group including Rebecca tanucci who is basically the leader of the whole supercharger team and crucially according to our sources among the rehires is Max theega who was the director of North America supercharging our understanding is he’s now gone back to tessla and been rehired kind of in a leadership role and since that supercharger team was cut you you know it’s important to note that Elon Musk has pledged to invest around $500 million this year to expand the supercharging network a lot of people were surprised that the supercharg and network ...
would you be happy with say Spain Sant andere coming and buying so General as part of that I me it’s part of the market but dealing as Europeans means that you need consolidation as Europeans you’re not so it could be cross border mergers in both directions but this one is for banking Union it’s already on track now we have to do it for Capital Market Union which is broader yes and and and and and even more difficult but we started to do so at a political level during the last Council and and I do believe that we can find a Franco German uh agreement but why I I I want you to just understand the ...
special curtain Razer from China this Monday morning they’re going to issue a trillion yuan in bonds it’s only the fourth time in 26 years what is that it’s $138 billion and it can add 1% to the GDP of China if it’s deployed property uh more news from the Biden Administration we understand that the tariffs are going to look a little bit like this 102% on electric vehicles they’re not really selling any here so it does it really matter Terry Hayes says this is noise but it does show you about the geopolitics temperature is going to rise we’ll get more details through the week on that but when it comes to technology we understand that apple ...
I think right now I would say a few different scenarios that I’ll lay out I think the most likely scenario is where we are right now which is just we stay put for an extended period of time until we get clarity on is disinflation in fact continuing or has it in fact stalled out uh I don’t think we know the answer to that so I would say the most likely scenario is we sit here for an extended period of time if uh disinflation starts to come again and INF inflation starts to tick back down or we saw some weakening marked weakening the labor market then that might lead us to to cut back on interest
from the music we listen to to the products we buy social media heavily influences consumer culture these days a prime example of this is the millennial Burkin also known as unico’s Round mini shoulder bag the bag has caught the attention of Shoppers around the world after a Tik Tok video of it went viral for how many huge items it could fit relative to its size people Rush the store to buy what’s Now nickname the Mary Poppins bag for it seemingly magical nature even causing shortages in some places the bag became one of the retailers best sellers immediately after after the video increasing sales tremendously but just because something goes viral for a brief period of ...