WELCOME TO MEET THE PRESS NOW. I'M GABE GUTIERREZ IN WASHINGTON, AND WE BEGIN IN PENNSYLVANIA, WHERE PRESIDENT TRUMP IS SPEAKING AT A SUMMIT ON AI AND ENERGY AS HE SEEKS TO TOUT A KEY PROVISION IN THE SWEEPING LEGISLATION CONGRESSIONAL REPUBLICANS DELIVERED FOR HIM IN A STATE THAT HELPED DELIVER HIM THE WHITE HOUSE. HERE'S A LIVE LOOK AT THAT SUMMIT IN PITTSBURGH, WHERE THE PRESIDENT JUST FORMALLY ANNOUNCED A $90 BILLION INVESTMENT IN AI, ALONG WITH THE ENERGY NEEDED TO POWER IT.>> TODAY'S COMMITMENTS ARE E ...

AI and Energy Investment - Google is pledging $25 billion for AI and energy investment [1] - Coreweave is committing to $6 billion for data centers and AI infrastructure [2] - The industry anticipates trillions of dollars investing in infrastructure related to power grids, AI, and the digitization of the economy [10] Energy Production and Regulation - Pennsylvania's natural gas production is limited by pipeline capacity, but it's easy to ramp up production for electricity generation [3] - Constellation Energy needs to move more quickly through the Federal Energy Regulatory Commission and Nuclear Regulatory Commission for relicensing and permitting [5][6] - The industry needs regulatory approval to operate, increase plant output, and expedite engineering work and permitting [6] AI's Impact on Energy - AI is helping manage the energy system more efficiently [8] - AI can enable demand response, where big businesses reduce energy use during peak times [8] - Demand response or curtailing energy use during peak times can support dozens of data centers [9] Public vs Private Energy Consumption - Ensuring power produced by new or existing plants is available at a reasonable cost to the public, not just high-cost electricity to large tech companies [7] - The industry believes there will be abundant power, but managing peak demand is crucial [8]

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Energy & AI Development - Pennsylvania aims to be the dominant state and country in AI, viewing it as a critical national security issue [4][5] - Pennsylvania's energy resources and workforce ingenuity are key to winning the AI race against competitors like China [6] - The state emphasizes the need for an "all of the above" energy strategy, incorporating various sources to meet growing energy demands [7] Collaboration & Economic Opportunity - Pennsylvania advocates for nonpartisan collaboration on energy and AI, bridging ideological and political gaps [2][3] - The state prioritizes creating jobs and economic opportunity through collaboration between the public and private sectors, Democrats and Republicans [3][4] - Pennsylvania highlights its historical role in powering the nation through steel mills and coal mining, aiming to lead the AI revolution [8][9]

Event Summary - President Trump participated in the inaugural Pennsylvania Energy and Innovation Summit at Carnegie Mellon University [1] News Coverage - NBC News provides live coverage of the summit [1] - NBC News offers breaking news, live video coverage, original journalism, and segments from NBC News Shows [1] - NBC News can be found on various platforms including NBCNewscom, MSNBCcom, TODAYcom, Nightly News, Meet the Press, and Dateline [1] Digital Presence - NBC News has a mobile app available [1] - Breaking News Alerts are available via signup [1]

LIVE: President Trump delivers remarks at the Pennsylvania energy summit About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/Yahoo ...

Space Exploration & Resource Utilization - The space industry views space exploration as a planetary leap, enabling humanity to reach new worlds, similar to the expansion from Africa [3] - The industry emphasizes the importance of space-based assets for Earth's civilization, including Earth monitoring and data provision via satellites [4] - The space sector considers resource extraction and energy generation on celestial bodies as a solution to terrestrial resource conflicts and environmental damage [5] - The industry envisions establishing bases on other worlds, starting with initial modules and gradually developing into self-sustaining colonies [8] - The space industry anticipates that resource extraction in space will eventually contribute to Earth's economy [9] - The sector highlights the potential of space-based energy, particularly nuclear energy, to be transmitted back to Earth for safe and sustainable power [11] Future Vision & Challenges - The space industry acknowledges the sense of unease about the future due to global challenges like conflicts, climate change, and pandemics [1] - The industry recognizes the need for technologies like AI, nuclear fusion, and advancements in medicine and spaceflight to shape a positive future [2] - The space sector emphasizes that space exploration is not a distant future but an ongoing process, requiring participation from various professions [3][14] - The industry warns that a lack of sustained investment and political support could jeopardize space colonization efforts [10]

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Core Insights - Fundstrat Granny Shots US Large Cap ETF (GRNY) has quickly gained popularity, reaching $1.5 billion in assets under management within eight months of its launch, outperforming many peers and benchmarks [2][3] - The fund has delivered a return of approximately 14% this year, placing it in the top three percent of its category, which includes nearly 1,400 funds [1] - The investment strategy focuses on stocks that align with multiple key themes, such as energy, cybersecurity, and AI, which enhances the likelihood of consistent performance [4][5] Performance Metrics - Since inception, the fund has outperformed the MSCI USA Large Cap Index by 13.7% compared to 7.8% [1] - The fund's disciplined, rules-based approach aims to provide consistent results over time, with a portfolio of about 35 S&P 500 stocks rebalanced every three months [5][6] - The fund has an expense ratio of 0.75% [7] Investment Strategy - The "granny shot" strategy refers to selecting stocks that fall under multiple investment themes, improving the chances of outperformance amid changing market conditions [4][6] - Key holdings include Robinhood, Oracle, and Advanced Micro Devices, which are selected based on their alignment with long-term trends and earnings growth [5][6] - The thematic approach is designed to resonate with investors, as it focuses on enduring story arcs that can lead to sustained outperformance [6][7]