Trump administration reportedly considering a plan to pressure chip companies to continue to boost their uh domestic manufacturing. Wall Street Journal reporting that the policy would impose a tariff on companies whose customers import more semiconductors than they make in the US. Joining us now is more insights and strategy CEO, chief analyst as well.You got a lot of jobs there, Patrick Moorehead. Uh Patrick, always good to have you. I guess let's start off on that.Again, it's not something that's going to ...

Market Overview - The current market is being compared to the late 1990s, raising questions about its sustainability and the remaining time in the current cycle [1][2] - There is a strong excitement surrounding the AI revolution, suggesting that this sector may still have significant growth potential [2][3] Investment Trends - A basket of unprofitable tech companies has surged by 21% since the end of July, contrasting with a 2.1% increase for profitable tech and nearly 6% for the NASDAQ 100, indicating a shift in investor risk appetite [4][5] - The market is experiencing froth, particularly in popular sectors like tech, communications, and consumer discretionary stocks, which are likely to remain favored by investors [6][7] Valuation Concerns - Current stock valuations are high, with the S&P 500 in the 95th percentile and the Buffett indicator at all-time highs, suggesting a potential overvaluation [9][10] - The focus should be on earnings growth rather than multiple expansion, as strong earnings can mitigate the impact of high valuations [10][11]

An alum of Google, Facebook and Twitter, Edwin Chen built his data labeling company, Surge, in the background of the AI revolution. Now the youngest member of the Forbes 400 is ready to step out of the shadows and make his voice heard.https://t.co/byIZITVTtI https://t.co/MRPJE1Gs6A ...

An alum of Google, Facebook and Twitter, Edwin Chen built his data labeling company, Surge, in the background of the AI revolution. Now he's ready to step out of the shadows and make his voice heard. https://t.co/Yimo6eoaSf (Photo: Guerin Blask For Forbes) https://t.co/VvGeS9yJx6 ...

An alum of Google, Facebook and Twitter, Edwin Chen built his data labeling company, Surge, in the background of the AI revolution. Now the youngest member of the Forbes 400 is ready to step out of the shadows and make his voice heard.https://t.co/byIZITVTtI https://t.co/MRPJE1Gs6A ...

Federal Reserve Actions - The Federal Reserve has cut rates by a quarter point, with potential for more cuts in the future, but the cut is considered insufficient by some analysts [1][4] - There is a belief that the Federal Open Market Committee (FOMC) is anti-growth and does not align with pro-growth policies such as lower taxes and deregulation [3][4] Economic Growth Projections - The FOMC's growth projections remain low at 1.8% for the coming years, indicating skepticism about the effectiveness of current economic policies [3] - Recent economic data shows a growth rate of 3.3% in Q2, with the Atlanta Fed GDP tracker also predicting 3.3% for Q3, suggesting that the Federal Reserve may be lagging behind in its assessments [4] Tariff and Trade Policy - The Supreme Court is set to hear a case regarding Trump's tariffs, which could have significant implications for trade policy and economic stability [5][6] - Concerns are raised about the impact of lower courts on the implementation of Trump’s policies, particularly regarding tariffs and foreign policy [6][8] - The expectation is that the Supreme Court will adopt a pragmatic approach to allow the President to manage foreign and trade policy effectively [8]

An alum of Google, Facebook and Twitter, Edwin Chen built his data labeling company, Surge, in the background of the AI revolution. Now he's ready to step out of the shadows and make his voice heard. https://t.co/49dh9ygdqs (Photo: Guerin Blask For Forbes) https://t.co/eBlrG3yyLE ...

Group 1 - Wedbush reiterated an Outperform rating and a $225 price target on Palo Alto Networks, adding the stock to its Best Ideas List [1] - The firm expressed growing confidence in Palo Alto's platformization strategy following its acquisition of CYBR, with recent customer and partner checks confirming the momentum of the integrated approach [1] Group 2 - Analysts noted that cybersecurity is a key beneficiary of the AI revolution, positioning Palo Alto to expand both market share and mindshare in the coming years [2] - Palo Alto Networks is included in Wedbush's IVES AI 30 list, highlighting its significance in the AI landscape [2]

Group 1 - Palo Alto Networks Inc. remains a favored cybersecurity investment for the next 12-18 months despite recent stock pressure due to the acquisition of CyberArk Software Ltd [1][2] - Analyst Daniel Ives maintains an Outperform rating with a price target of $225, indicating confidence in the company's future performance [1][2] - The acquisition of CyberArk is viewed as a strategic move that will enhance Palo Alto's platformization strategy and is expected to be transformative for the company [2][3] Group 2 - Recent earnings and customer feedback suggest that Palo Alto's platformization strategy is gaining traction, presenting a "golden buying opportunity" for investors [3] - The company's approach aims to create a comprehensive cybersecurity solution for enterprises, positioning it well in the evolving market [3] - The ongoing AI revolution is anticipated to further benefit the cybersecurity sector, enhancing growth prospects for Palo Alto Networks [3] Group 3 - As of the latest publication, Palo Alto Networks shares increased by 2.18% to $200.56, nearing its 52-week high of $210.39 [4]

RT Bloomberg Live (@BloombergLive)AI isn't just shaking up Silicon Valley — it's taking over LA.As we gear up for #BloombergScreentime October 8-9, we look back on what past speakers had to say about the AI revolution transforming Hollywood and beyond.Join the conversation: https://t.co/XSbvaWPBso https://t.co/qW9jsoilZS ...