The thing that terrifies me is apparently there are still some financial institutions that will accept a voice print as authentication for you to like move a lot of money or do something else. You say a challenge phrase and they just do it. Um, that is a crazy thing to still be doing.Like AI has fully defeated that. AI has fully defeated most of the ways that people authenticate currently other than like passwords, but all of these like fancy, you know, take a selfie and wave or do your voice or whatever. U ...

Can copper prices continue to outperform other commodities. Well, copper's future depends on a few things. First, people's preferences for electric vehicles relative to combustion engines.In the last few years, EV sales have been soaring and this has supported copper. If that continues, copper can outperform. Number two, artificial intelligence.Generative AI is creating a tremendous amount of demand for electricity. Demand for electricity related to data centers has gone from 2% of electrical demand in 2018 ...

Stargate is an amazing uh opportunity endeavor. Uh I think as you know I'm I'm not only the CEO of ARM but I sit on the board of SoftBank. So I'm fairly close to what's going on with uh with Stargate which is a a joint venture between SoftBank and OpenAI about really bringing uh a huge amount of investment for data centers.Uh we announced a $500 billion investment January. Uh I think when Mossa and Sam were talking a couple weeks ago, Sam had talked about expanding this out to 10 gigawatts over the next num ...

Market Share & Growth - The company experienced one of its best quarters in years in the US [1] - The company's market share continues to accelerate, reaching an inflection point last year [1] - Mikabultra and Bush Light are leading the company's growth [1] - Michelob Ultra is the fastest-growing brand in the US [1] - Bush Light is the second fastest-growing brand in the US [1] - Michelob Ultra Zero (29 calories zero alcohol beer) and Bush Light Apple (seasonal beer) became the third fastest-growing brands in the US industry within a month [2] Innovation Impact - Innovations are hitting a sweet spot with consumers [1]

Claude Code is a fantastic agent and has recently taken the developer community by storm and interestingly not just for coding related things but for other things in general writing books, writing reports, things like that. And part of the reason is that it is so good at general purpose and longer time horizon planning and and doing things deeply that it it can be extended to to all of these things. This isn't the first agent that has come out that has been able to do these deep work.So we have Manessa, a g ...

AI Infrastructure Financing Trends - AI 基础设施建设已演变为一场信贷竞赛，市场规模巨大 [1][2] - 越来越多的公司尝试通过借贷为 AI 支出融资 [1] - AI 正在重塑科技公司借款、抵押和扩张的方式 [5] Companies & Financing Details - Coreweave 通过 GPU 支持的贷款（即使用其芯片作为抵押）以及高收益债券为数据中心增长提供资金，目前已承诺融资超过 170 亿美元，部分利率为两位数 [2] - XAI 在 7 月份筹集了 100 亿美元，其中一半是债务，并寻求再融资 120 亿美元以建设其 AI 基础设施，使用包括 Grock 模型 IP 在内的非常规抵押品 [3] - Meta 正在与 Apollo、KKR 等公司谈判一项 290 亿美元的私募信贷协议，表外融资使 Meta 能够大力投资 AI，同时保持信贷指标 [4] - OpenAI 的 Stargate 项目已获得超过 110 亿美元的德克萨斯州数据中心建设资金，并且正在转向私人贷款机构而不是传统市场（如银行） [4] Risks & Considerations - Coreweave 与 OpenAI 和 Microsoft 的长期合同提供了一些保障，但该公司正在竞相在债务到期前创造收入 [2] - 如果无法支付账单，最智能的聊天机器人也无关紧要 [5] - Meta 的表外融资虽然保持了信贷指标，但也降低了透明度 [4] - 融资条款可能比最佳模型更重要 [5]

Capital Expenditures and Investment - Amazon is on track to invest over $100 billion in capital expenditures this year, marking its most investment-heavy year ever [1] - The increased capital expenditure is part of a hyperscaler arms race, with Microsoft exceeding $100 billion and Alphabet boosting its spend to $85 billion [2] AWS Performance and Strategy - Approximately three-quarters of Amazon's capital expenditure is allocated to AWS infrastructure, including in-house chips and data center buildout [3] - AWS remains Amazon's profit juggernaut, contributing over 60% of operating income last quarter with margins triple the company average [3] - AWS's revenue is expected to increase by about 17% in Q2, which is slower than Google Cloud's 32% growth [4] - The industry is watching to see if AWS can reaccelerate and capture the next wave of cloud spending as generative AI workloads increase [5] Competitive Landscape - Microsoft disclosed $75 billion in Azure revenue for fiscal 2025, a 34% year-over-year increase, pushing its market value past $4 trillion [4] - The industry is closely monitoring Amazon's partnership with Anthropic to see if it begins to yield positive results [5]

host portfolio includes a handful of Ritz Carlton's four seasons and one hotel properties. For more, we're joined by host hotel CEO James Rozoleio. Jim, uh any any shifts notably that you're seeing in international travel with the currency things happening or is the luxury consumer still raring to go.>> Hi John, thanks for having me. Good to be with you again. Uh the the affluent consumer is still raring to go.Uh we have seen no slowdown. whatsoever. Uh our assets are performing extremely well.We couldn't b ...

TO DEAL WITH. BUT THIS IS REALLY AN EXISTENTIAL THREAT. >> JOINING ME NOW, NBC'S SHANNON PETTYPIECE.ALSO HERE WITH US, HOFSTRA UNIVERSITY PROFESSOR OF LAW JAMES SAMPLE. SHANNON. THESE ARGUMENTS JUST WRAPPED UP I UNDERSTAND.GIVE ME THE HEADLINES. >> WELL. >> SO AT THE CENTER OF THIS IS WHETHER.>> OR NOT THE PRESIDENT HAS THE CONSTITUTIONAL AUTHORITY TO BE ABLE TO IMPOSE THESE TARIFFS, BECAUSE THE CONSTITUTION GIVES PRETTY CLEAR POWERS OF TARIFFS TO CONGRESS. BUT THE PRESIDENT IS TRYING TO USE THIS EXCEPTION, ...

First of all, there are a lot of forces forces at work in the economy and you know tariffs are one of them. You know the remilitarization of the world, the e the de fiscal deficits, you know the the uh demographics uh all those things are going to drive various things and yeah they may drive slightly higher inflation. What you really want is more growth.You know that is far more important than whether inflation ticks up or down a little bit. So and then tariffs themselves you know they've been greatly moder ...