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Jobs hold steady, Cloudflare takes a stand on AI and the stocks leading us to financial freedom.
Jason Moser and Andy Cross discuss:
- The recent jobs report.
- What the stress test means for banks.
- The current state of autos
- Cloudflare pushes back on AI crawlers.
- Stocks to celebrate financial freedom.
Tickers mentioned: BAC, TSLA, F, GM, NET, NFLX, HD, WM
Host: Jason Moser
Guest: Andy Cross
Engineer: Dan Boyd
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P.M. Edition for July 3. House Republicans overcame some lawmakers’ resistance to narrowly pass the tax-and-spending bill ahead of President Trump’s July 4 deadline. WSJ reporter Jasmine Li discusses what’s in the final bill. Plus, U.S. stocks notch another closing high after the Labor Department’s June jobs report came in stronger than expected. We hear from WSJ investing columnist Spencer Jakab about what the report says about the economy, and what’s now on Fed officials’ minds ahead of their meeting later this month. And Journal science reporter Nidhi Subbaraman tells us how Harvard is already preparing to fill the gaps in its budget left by a loss of federal funding. Alex Ossola hosts.
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Plus: Airbus, Mistral and others request a delay in European AI regulation. And buyout firm Thoma Bravo snaps up restaurant-tech platform Olo. Katie Deighton hosts.
Programming note: Starting next week, Tech News Briefing episodes will be released on Tuesdays and Fridays, and the TNB Tech Minute will be released twice on weekdays, in the morning and afternoon.
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In the battle for AI supremacy, Meta’s models have lagged. Now CEO Mark Zuckerberg is racing to hire new AI talent to close the gap with rivals. He’s dangling huge pay packages to lure experts away from OpenAI, Google, and Anthropic. WSJ’s Meghan Bobrowsky explains how Meta’s AI efforts fell short, and who will be joining the company’s new “Superintelligence Labs” to turn things around. Annie Minoff hosts.
Further Listening:
-The Battle Within Meta Over Chatbot Safety
-Why the New Pope Is Taking on AI
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There's a surge in cases and deaths from H5N1 bird flu in Cambodia - we hear what's the driver and how concerned we should be. Erik Karlsson, Head of Virology at the Pasteur Institute in Phnom Penh and director of the WHO’s H5 Reference Laboratory has been watching the uptick.
An interstellar interloper has been spotted entering our solar system. Most likely a comet, and possibly visible in the sky, it’s just the third such visitor we’ve ever seen. Josep Trigo of Spain’s Institute of Space Sciences (CSIC) and the Catalan Institute for Space Studies is one of many astronomers keeping his eye out.
DNA from an ancient Egyptian buried in cave 2,500 BCE, the oldest to date, tell a tale of travelling ancestors, according to research led by Adeline Morez of Liverpool John Moore’s University and published in Nature.
Also, Corey Allard of Harvard university has been looking at a particular type of sea slug. Published in the journal Cell, the work has been trying to work out how these slugs effectively nurture and manage stolen chloroplasts – stolen from ingested plant cells - within their own bodies. Artfully, they may use these “Kleptoplasts” to dodge periods of food shortage.
Presenter: Roland Pease Producer: Alex Mansfield Production Coordinator: Jazz George
Photo Credit: Institut Pasteur du Cambodge
June's job growth was hailed in the media as proof of a strong economy. Except there's a problem: fully half of these new jobs were government jobs.
Original article: https://mises.org/mises-wire/half-junes-job-growth-was-government-manufacturing-jobs-fall
Plus: U.S. stocks set another round of records. And activist investor Starboard Value has built a 9% stake in Tripadvisor. Anthony Bansie hosts.
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The latest price moves and insights with Amberdata Director of Derivatives Greg Magadini.
To get the show every day, follow the podcast here.
Amberdata Director of Derivatives Greg Magadini joins CoinDesk's Jennifer Sanasie and Andy Baehr for a conversation on bitcoin's low volatility and increasing maturity. Plus, how it now takes "more money to move around bitcoin" at its current $2 trillion market cap.
This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.
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This episode was hosted by Jennifer Sanasie and Andy Baehr. “Markets Daily” is produced by Jennifer Sanasie and edited by Victor Chen.
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