We've got a social media post now from the Commerce Secretary Howard Lutnik on Intel. The Commerce Secretary posting just a short time ago, big news. The United States of America now owns 10% of Intel, one of our great American technology companies.This historic agreement strengthens US leadership in semiconductors, which will both grow our economy and help secure America's technological edge. Thanks to Intel CEO Lip Bhutan for striking a deal that's fair to Intel and fair to the American people. That confi ...

Tana looks like Ethereum closing in on a new record high, too. >> Yeah, Morgan. Bitcoin up a nice 4% today, but Ether really going for that new record, rebounding all the way to levels not seen since November 2021, again after Powell's hint at those rate cuts.Um, so up 13% today. Uh, the record is about $4,900 after earlier this week falling as low as $4,000 um on Tuesday. Market positioning of course in recent sessions has been riskoff in tech which has bled into crypto.Some of those ETH related stocks tha ...

Market Performance & Trends - The Russell 2000 showed significant gains, hovering around 4% higher after traders digested comments from the Fed Chair [2] - The Dow Jones Industrial Average was up 19%, or 846 points, closing at 45631, nearing a record not seen since December [7] - The S&P 500 increased by 15%, closing at 6466, although off its highs for the day [7] - The Nasdaq was up 19%, driven by tech stocks [7] - The KBW Bank Index surged by 32%, reaching its highest close since 2022, influenced by signals from Jay Powell regarding potential rate cuts [9][10] - Most sectors were in the green, with consumer staples being an exception [8] Federal Reserve & Interest Rates - The market reacted strongly to Fed Chair Jay Powell's speech, with stocks moving into positive territory [2] - The speech was heavily scrutinized for its implications on the dual mandate and the Federal Reserve's future economic actions [4] - Markets may be overly optimistic about potential rate cuts in September, as the speech contained hawkish elements and emphasized the need for labor market cooling without signaling urgent action [23] - The 10-year Treasury yield dropped significantly, more than 10 basis points, finishing the day at 369, following the Fed Chair's speech [22] Company Specific News - Intel shares surged, up 56%, following the announcement of a potential 10% equity stake by the US government [12][13] - Apple shares hit session highs after reports of discussions to use Google Gemini for Siri's voice assistant [13] - Intuit was the biggest decliner in the S&P 500, down about 51%, after a tepid forecast overshadowed a strong fourth-quarter report [16][17] - Workday shares declined, down about 14% year to date, as investors were disappointed by unchanged subscription revenue guidance [18][19] - The Weekend is negotiating $1 billion in financing backed by his music rights, including $500 million in senior debt, $250 million in junior debt, and $250 million in equity [31]

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Uh, Max, I guess I would ask what you might be looking for for the situation to look more complicated from here. I mean, right now the market is saying we're going to get lower rates from the Fed and it's not because the we have outright economic weakness. It's almost an insurance policy and we still have, you know, a lot of the uh kind of more aggressive parts of this market, crypto, IPOs, meme stocks, etc. running.So, what does that tell you about the sentiment setup. Look uh in terms of the sentiment act ...

So, what I can tell you, Brian, is I am now told that the Intel CEO, Lip Boutan, uh, will be here later this afternoon at the White House to have a discussion with President Trump. Now, I want to play you what the president said in the Oval Office just now and then also tell you uh what a White House official said to me just a short time ago, sort of dialing back a little bit what the president said. Here's what the president told reporters about how this 10% deal came together and what Lip Bhutan told him ...

All right, we have one more piece of audio. It's long. I'm going to play it. This is uh Gain Maxwell again. We're toggling between Bolton and this because you know it's a Friday. Um this is Gain Maxwell talking about the list or or the lack thereof. She says, "Do you know can do you have a list of names in your head or um names that come to mind of of people that you know did get massages um when they were with Mr. . scene. No, there's no list. There's no list of people getting massages.I don't have I can b ...

Do you remember asking President Trump to submit a letter for that. >> I do not. >> Um and do you remember um would you have been the one to do that or could somebody else would somebody else have done that.>> Um I did ask some people I don't remember Mr. . Trump I don't remember who I did ask but Epstein also asked people himself directly. >> Okay.So, it could have happened that way, if it happened at all, >> if it happened at all. Um, 12 hours of audio. Excuse me.I I I um was incorrect. Tom Winters back w ...

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