Buried deep inside the text of the bill is a measure at taking down a nearly $30 billion US industry. Brandon Gomez joins us now to talk me through this. All right.What what is in that bill. >> Yeah. So, you have to look at the fine print, right.First, we have to understand though how we got here. So, there's language in the 2018 Farm Bill passed under the first Trump administration that legalized hemp. Now, that's the non- intoxicating cousin of marijuana.But without getting too into the weeds, that's also ...

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You've talked about this idea of operationalizing dignity. What does that mean. When you give someone food, the first thing and the first motivation that I have is to give them dignity because I think hunger in is, you know, above everything, the health impact, the education impact is it's indignifying especially for a child to be able to want to eat and need to eat and you can't access it.And so when we look at our entire ecosystem, what operationalizing dignity means to us is that the care that we put int ...

Let's begin though with some breaking news from the Fed. For that, we'll turn to Steve Leeman on a very busy day for Fed Speak. Hey, Steve. >> Hey, Carl.Good morning. Adding to the busyiness here, Atlanta Fed President Raphael Bostic announcing he will retire at the end of his term, February 2026. You remember all Fed presidents terms end uh at the 5-year period ending in a six or a one.That is so they're all up. And Bostic taking this opportunity to retire. He serves as Atlanta Fed President since 2017.uh ...

Also getting some breaking news on the AI front. Mackenzie Sagalas has the story from San Francisco. McKenzie.>> Hey Sarah. So Anthropic is adding another $50 billion to its AI compute bill, announcing a new buildout of data centers across the US starting in Texas and New York. Now they're partnering with Fluid Stack.That's an AI cloud platform behind GPU clusters for Meta, Midjourney, and Mistral. They are known for building custom facilities. They can deliver gigawatts of power on short timelines.Those fi ...

It's time for Jam and stop trading. >> Yeah. Now, I'm trying to distinguish between the companies that are making a lot of money and the companies that are just having some revenues and not making money at all.Uh, City takes LAM research from 175 to 190. Uh, they they make a lot of the equipment that you need in order to be able to have high bandwidth memory, which is huge in the data center, and they're extremely profitable, and I think that's a great call that I like. I just want to buy companies that are ...

We were talking before about my concerns about data centers as an real estate asset class and you had an interesting theory. >> I was trying to trace all these pretty Byzantine and somewhat incestuous commitments that are happening between the large tech companies between the digital infrastructure providers and it's actually very hard to trace who's going to ultimately pay for it all but ultimately it has to be paid for in the economy. If you looked at the amount of AI compute that would be required to fil ...

We got a news alert. This is actually big and I I wonder whether it pretends even more of this. Coinbase officially leaving Delaware and reinccorporating in Texas. Company making that announcement in a Wall Street Journal op-ed by its chief legal officer who says that Delaware's chancellor court is no longer providing companies he believes with consistency. He writes the following quote, "The choice is much bigger than Coinbase as part of a movement of businesses choosing markets with favorable regulatory a ...

Welcome back. House members return to Capitol Hill today. In a few hours from now, they're expected to vote on the Senate amended bill to reopen the government and end this shutdown.Let's get to Emily Wilkins with the latest. Hey, Emily. >> Hey, Carl.Well, yeah, you know, the House, they're expected to be back to start the process of voting at 4:00 today. Final votes probably not going to come until a little bit later around 7:00. And these are the final votes needed to reopen the government.Now, of course, ...

Let's get Kramer's Mad Dash countdown to the bell. >> One time not that long ago, Ken Lango, the great investor, uh, when Eli Liy was in the 700 billion sit. You know, Jim, it's going to be worth a trillion dollars. It may be worth a trillion dollars in a few weeks.This it's at 934 billion. uh this pill that they have for GBS1, the Trump RX, the lowering of price, the idea that you'll just be able to get it for weight loss, not not coorbidity. People are beginning to realize maybe this thing is worth far mo ...