Joining me now as well is Mark Xandandy, chief economist at Moody's Analytics. Mark, there there's a narrative out there that the administration is fond of saying tariffs are not inflationary, just a one-time price bump up. Uh but we've got this new data.What's the data showing about tariffs thus far. How long is it going to take before we get a more definitive answer. >> Inflation prices are rising.It's been slow coming for lots of different reasons. the front loing of imports, the fact that the tariffs ar ...

We are on the cusp of self-improving artificial intelligence. Every week we are seeing new projects in which AI is able to discover new knowledge, new math, new science and apply it to itself. We are just at the very beginning of it.But today we have a brand new paper that claims to be the Alph Go moment for model architecture discovery. What does that mean. What is Alph Go.I'm going to explain all of it right now. It is such an exciting time to be alive. Okay, so let's start from the beginning.Right now, t ...

Yeah, it's hugely productive and I think it will add to productivity, but I think people have a little cautious. So do the internet, but we don't really know how. You know, it's hard to calculate that.So technology is kind of like cosmological constant of improving productivity. I don't think you'll see it right away because right now we're going to be spending more money. You you see it everywhere and we need more electricity, more data centers and you know AI is kind of new and people still using it.Uh bu ...

Meanwhile, the S&P and NASDAQ hitting new highs yet again, helped today by those strong earnings from Microsoft and Meta. My next guest expects tech to remain a powerhouse. Joining me now is Nadia Levelvel.She is senior US equity strategist at UBS. Nadia, uh, we are getting closer to your upside scenario of 6,700 on the S&P. What would convince you that these levels have staying power.I think it has to be the continued um pickup in tech and we have conviction in that. Um we are more looking at things at a v ...

Well, Microsoft's strong earnings as well, a key reason why city is upgrading CoreWeave. As I mentioned earlier, from uh Neutral today. Despite more than doubling since its IPO in late March, Coreeave is down 30% over the past month with investors skeptical about the company's $9 billion acquisition of Core Scientific.But City says Microsoft's report shows AI demand is strong and will boost Core Weeave long term. Let's bring in the analyst beyond behind the report. city's Tyler Radkkey his $160 price target ...

to Apple. This one's been trading for a while. My next guest downgraded the stock in early July from a buy to a hold.She says the level of AI Capex required to catch up to the competition makes her cautious into the print. Let's bring in NEM's Laura Martin. Uh Laura, welcome.Does Apple really have to spend on AI or can they just ride on the investments of others since they're kind of the the gateway to the premium consumer. You know, I don't think they can. They have this wonderful installed base that's ver ...

on countdown net. Hold, hold, hold. We are standing down for violation of weather rules.Dragon SpaceX. Bad luck on weather there. We just got clipped by a cumulus cloud uh right over the pad.So, ended up scrubbing for weather. The crew is in the same posture that they were in the 45 minutes leading up to launch. They've got to to be in that posture until they can offload all that propellant, which takes about the exact same amount of time to to offload as it took to put on, as well as disarm that launch esc ...

Today, House Democratic leaderh Jeff is in Austin, Texas, helping state Democrats make a plan to combat Republican-led redistricting efforts there. Republicans believe it could help the party pick up as many as five seats in next year's race for control of the House, leaving Democrats weighing their own protest options, including leaving the state altogether as a way to block the vote. This is what leader Jeff said just last hour.Republican politicians want to choose their voters. That is wrong. There is an ...

If you think back several decades, you know, back, you know, 20 years ago, the sort of mindset was that design was lipstick on a pig. This is how you make it pretty. And uh maybe a decade ago, it was design is how it works.And then today, you know, 2025, in a world where software, the competition is increasing so much, it's easier than ever to create software. Yes. Uh, I think we're now in a world where design is the differentiator.That's been our thesis for 10 years. We've seen it play out, but it's even m ...

Well, right now the country is nearing a potential inflection point as ICE raids to deport undocumented migrants and protest efforts to disrupt them both escalate nationwide. Earlier this week, the federal government rolled out a new recruiting effort. They're offering $50,000 signing bonuses, student loan forgiveness, and enhanced retirement benefits as they try to entice 10,000 new agents to join ISIS ranks.Their mission, according to the DHS press release, is to target the worst of the worst. But recent ...