Welcome back. Uh, we got stopped trading. Remember old pal Joseph Shumpeter.Yes. Okay. So, we talked about creative destruction.Sure enough, the Rothschild and Redburn, I guess that's RNR, a firm they've combined, uh, calls Adobe being a victim of creative destruction. Moat being eroded. Uh, just talking about multiple needs to deserve more contraction.And obviously, uh, this is downgraded from neutral to sell. And David, plus we have Figma coming public and Figma is the poor man's Adobe. Adobe is a bit of ...

June 12, 2025 08:00 PM GMT Tesla Inc | North America 10 Reasons China Is Leading the Robot Race In our informed opinion, China is in a commanding lead in Physical AI (AVs, Drones, Humanoids, etc.). The conspicuous advancement of AI-enabled robots in China is a powerful innovation catalyst for the US. We outline 10 key reasons driving China's potentially impending dominance in the robot era. I'd greatly appreciate your support for the Morgan Stanley Auto & Auto Parts team in this year's All-America Extel sur ...