Market Dynamics - EDA 行业的主要参与者现在可以在中国开展业务 [1] - 美国和中国正在进行贸易谈判 [3][4] - 中国此前限制稀土出口，现在已达成初步协议恢复出口 [3][4] - 出口管制通常是国家安全问题，但现在被纳入贸易谈判 [4] Industry Impact - EDA 软件对于设计半导体至关重要 [2] - 美国在半导体设备领域领先，荷兰 ASML 是主要参与者 [6] - 如果华为能够自由使用 EDA，可能会缩小与美国的技术差距，设计自己的先进芯片 [5] - 中微公司 (Wang Wei) 已成为中国国家冠军，致力于解决关键瓶颈 [7] - 中微公司在 7 纳米芯片方面取得进展，但进展速度有所放缓，EDA 工具将帮助他们取得进展 [8] - 美国放松对华 EDA 出口限制令人惊讶 [9] Company Specifics - 西门子 (Siemens), Cadence Design Systems 和 Synopsis 受到出口限制回滚的影响 [2]

AI and Computing Power Demand - The demand for computing power is insatiable, indicating a long runway for investment in physical infrastructure like semiconductors and cloud [1][2][3] - The expansion between Oracle and Open AI is 45 gigawatts worth of capacity, highlighting the significant energy requirements of AI development [3] - The U S is likely to lead the AI race due to its self-sufficiency and relatively cheap energy production compared to Europe and the U K [5] Energy Sector and Infrastructure - The energy sector and energy infrastructure requirements are intrinsically linked to the need for computing power, leading hyperscalers to invest in energy sources like nuclear [4] - The quest for cheaper, more efficient energy is crucial for supporting data center expansion and AI development [5] Market and Economic Factors - The jobs data is considered "Goldilocks" because of better-than-expected job numbers and a solid labor market, alongside slower wage growth [6][7] - The Federal Reserve is in no urgency to cut rates, which the market seems to prefer, valuing a strong labor market over immediate rate cuts [7] Technology Sector Performance - Technology sector exhibits strong earnings growth and benefits from productivity gains, making it an attractive area for investment [9] - Lower bond yields and interest rates, potentially resulting from future rate cuts, would particularly benefit growth areas like the technology sector [10]

IT IS THE SECOND MAJOR WAVE OF LAYOFFS THIS YEAR. >> FIRST, WE CHECK IN ON THE MARKETS, THE EQUITY BENCHMARK IN CHECK. IT REALLY SHRUGS OFF THE SELLOFF THAT WE SEE IN THE BOND MARKET RIGHT NOW. UP .5%. THE DATA COMING IN ON U.S. JOBS IS WEAK, BUT COULD WE SEE FED STIMULUS BAKED INTO THE MARKET? TECH LEADS THE CHARGE TODAY. VEHICLES DELIVERED BY TESLA IN THE SECOND QUARTER. TECHNICALLY THAT CAME IN BELOW CONSENSUS. HOWEVER, WE SAW EXPECTATIONS GET RESET. MAYBE THIS CAME IN ABOVE THE LOWEST LEVEL OF EXPECTATI ...

So second wave. And the rationale is also pretty clear Get rid of middle layers of management, streamline teams. Give us the size and scope.Size and scope is that, you know, you hear 4%, 3% a couple of months ago doesn't sound like that much. But with Microsoft, I mean, these are huge numbers of employees. We have 15,000 people impacted across two waves.And there's been other little cuts in addition to that. And, you know, folks might say Microsoft, the world's most valuable company, a lot of days, 96 billi ...

Why have you backed comfort. Yeah, well, thanks for having me. I'm so excited to tell you more about campfire.Campfire dot com. Campfire is an AI native ERP solution that replaces companies like Net Sweet and QuickBooks. It's tackling the super large ERP market.It's one of the largest markets in software with over $1,000,000,000,000 of market cap in campfire is is coming to market with a really fresh approach. To the uninitiated, ERP enterprise resource planning, which when you say it in full, is not as exc ...

Let's get into all the details. Like, what do we know about the ticker, where it will be listed. And just like me last night, I'm sure you pulled through the entire regulatory filing.What do we know. Sure. Yeah.So they're ticker is fig. Fig. They are going to be on the New York Stock Exchange.And sources tell me they're aiming to go to debut later this month. You know, this is a long time coming. They almost got bought by Adobe in 2022 and then that didn't happen.So they went the IPO IPO route and said. And ...

Basically, how difficult is it to remember what a juggernaut, what a success story Tesla is in the face of all the headwinds and news articles about Elon Musk right now that. Pleasure to be with you. And you're quite right, admitted from the prevailing narrative, including everything we just heard, is that Tesla still is the world's largest automaker.It's the ninth largest public company. It's worth more than the gross domestic product of Saudi Arabia. And the top ten automakers are just say, 75%, 78% maybe ...

So 384,122 vehicles in the second quarter. The thing about the data is it doesn't distinguished by geography, right. There is some monthly data from different jurisdictions around the world, but like go under the hood of the data.What did you learn from the print, Stephanie. Yeah. You know, I was thinking about we had our forecast call us last week and we were forecasting that Tesla would have a 21% year over year decline.So I think if you look at when the numbers start coming in, we'll probably see the num ...

Production Shift & China's Response - China is observing manufacturing moving to countries like Vietnam and India and is attempting to counter this trend [1] - This counter-movement aims to attract specialized workers back to China, leveraging advantages in producing devices crucial to global markets, such as Apple's iPhones [1] iPhone Production & Location Factors - Tim Cook attributes iPhone production in China not only to cost reductions but also to the availability of specialized labor and equipment [2] - Reports indicate that while iPhone production in India may continue, the efficiency of the assembly line is likely to be affected [3] Cost & Quality Implications - Reduced assembly line efficiency in India could impact production costs and potentially the final product prices [3][4] - The quality of iPhone output from India is not necessarily expected to be affected [3]

So we're in this situation, Jane, and you've written about this a lot, right, where we almost just look past the quarterly delivery data. If you hold the bullish thesis that long term, it's a world where Tesla operates a proprietary robotaxi ride hailing service. Take that and interpret the data of this morning, please.So I think Craig really summed it up well about this shift in investor psychology, and it impacts how we think about the delivery numbers today. So if we rewind four years ago, the expectatio ...