This is the gold card that as you know the secretary of commerce and myself and some others have been working on for quite a while. And uh Howard, how much have we sold in a few days. >> 1 billion300 million worth in a matter of a couple of days.That's a essentially it's the green card on steroids and it's a pathway and it's been an amazing. ...

Digital Asset Perspective - Bitcoin is viewed as digital gold, potentially powering the digital economy for younger generations like Gen Y, Gen Z, and Gen Alpha [1] - Younger generations are expected to amass over $100 trillion in the next 20 years [1] Market Demographics - The majority of global assets are currently held by central banks, financial institutions, and individuals over 70 years old [1] Bitcoin's History - Bitcoin has been around for approximately 15-16 years, while gold has been used for 5,000 years in global commerce [1]

To say that we reject anything is completely incorrect and has no basis. The question is entirely open. The ball is entirely in the court of our western opponents so to speak.First and foremost, the leaders of the Kev regime and in this case their European sponsors. We are ready for both negotiations and a peaceful resolution to the conflict. German fist. ...

Head down the chocolate aisle this year and you might end up paying a small fortune. Bad news for those of us who like to overindulge over the holidays. In the UK alone, prices for the sweet treat jump in the year through October.But will your chocolate for Easter or Christmas next year get any cheaper. The short answer could be yes. Over the past 2 years, chocolate makers have been battling record high cocoa prices.Since 2024's peak, commodity prices have more than half. Expectations of a slim surplus this ...

Deal Structure & Regulatory Landscape - Oracle is the most likely candidate to lead the joint venture [1] - The deal's palatability to both the US and Chinese governments remains uncertain, pending Chinese regulatory approval [2] - The joint venture has the US government's blessing, suggesting a pre-approved proposal [3] Competitive Dynamics - Instagram Reels' run rate has surpassed $50 billion, indicating significant growth and competition with TikTok [5] - YouTube Shorts' engagement share is nearing that of TikTok [6] - TikTok's US revenue is estimated to be between $12 billion and $15 billion [6] - Instagram/Meta's revenue ramp-up is attributed to a better ad stack and personalization, enhanced by generative AI [8] Challenges & Future Prospects - TikTok faces challenges in algorithm and ad personalization, hindering revenue growth [8][9] - Rewriting the algorithm and attracting talent are crucial for the joint venture's success [10][11] - A public offering for the new joint venture is considered premature due to ongoing algorithm changes [9][10] - Silver Lake's involvement is viewed positively, suggesting a potentially good deal [4]

You're going through a white knuckle period. I think it goes back to like worries about circular financing. Openai too big to fail.You know, if Oracle sneezes, the stock's down 2% to a sort of analysis of how the build out works out. Look, in my in my view and we've covered so many times in the show, this is this is going to be a ten year build out of the air revolution in that period. You're going to go through these moments.Then it sort of prove it. What the use cases look like, what the spending looks li ...

I think for the near-term and near-term in this context, May being 2026, I think we should expect more M&A. And one of the reasons why I say that is because on one hand, you're seeing reasonably strong equity markets and some stability in rates. And, you know, you look at Treasury volatility, that's much lower.Rates may not be as low as some would like, but the rate volatility is lower. It sets a better platform. But I think the other sort of overarching theme here is that, you know, we have this k-shaped e ...

So if you look in the last 50 years or so, we had a lot of technology come in and we have twice as many people work in the US than we did 50 55 years ago. So think about David in our lifetimes what we've seen, you know, we've seen, you know, the desktop computer, the laptop computer to the phone as a computer, etc. And think of all that technology coming in and we employ twice as many people. So the question will be, will you have more people doing different types of jobs.And so my advice to myself and my a ...

Venezuela Situation & US Policy - The US administration's strategy towards Venezuela is unclear, specifically how to transition from current pressure to desired outcomes [2][3] - The US is employing "maximum pressure" tactics, including boarding tankers and targeting alleged drug boats in the Caribbean and Eastern Pacific [4][5] - The legality of seizing tankers, especially those not officially sanctioned, is questionable, with the focus potentially shifting to the oil cargo itself [6][7] - Despite sanctions, some legal oil tankers continue to operate out of Venezuela, with approximately one-fifth of Venezuelan oil still processed in the US by companies like Chevron [8] - Shippers are increasingly hesitant to transport Venezuelan oil due to the risks involved [9] - Chevron operates in Venezuela under a general license, processing the country's "sour" and "sludgy" oil, which is difficult to refine elsewhere [8][10] - The US is calling its actions a "quarantine" rather than a "blockade" to avoid the implications of an act of war [11] Greenland & US Interests - President Trump has not abandoned the idea of acquiring Greenland and continues to pressure the issue [15][16] - The appointment of Louisiana Governor Jeff Landry as a special envoy related to Greenland raises questions about the administration's intentions [13] - The administration's focus on Greenland may or may not be a distraction from other issues [14]

Economic Outlook - The research team projects a strong US economy with 24% GDP growth in 2026 [1] - This growth is expected to be strong relative to both US history and other global economies, which are predicted to be flat to down [2] - The American consumer is driving the economy, with consumer spending up approximately 5% in Q3 and 4-45% in October-November [7][8] - Unemployment is normalizing at 45%-46%, which is considered strong relative to historical averages [11][12] AI Investment and Impact - AI investment is expected to be a bigger contributor to growth in the coming years [4] - The company has a total tech spending of approximately $13 billion annually, with around $4 billion allocated to new initiatives like AI [26] - The company is deploying AI to enhance both customer and teammate capabilities, with 200000 people using AI co-pilot by the end of the year [28] - In the near term, AI is primarily focused on process engineering to remove work, but over time, it is expected to enhance revenue generation [38][39] Bank of America Performance and Strategy - The company aims to drive more business by acquiring new clients and expanding relationships with existing ones [19][20] - The company's performance is sensitive to Federal Reserve interest rate policies, with a nominal rate environment of around 3% being favorable [21][24] - The company measures the return on investment for tech projects by assessing additional revenue or expense reduction, ensuring it exceeds the cost of capital [27] Risks and Upsides - The biggest upside risk is the potential for deregulation to further boost US economic growth [51] - Small businesses are concerned about tariffs and immigration policies affecting their ability to secure employees [53][54] - The company manages the risk of overinvestment in AI by carefully assessing the leverage and tenant quality of related projects [47][48]