Plus: Lucid launches three new models and a robotaxi as the EV company expands its midsize-vehicle platform. And Atlassian to cut about 10% of its workforce. Julie Chang hosts.
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Plus: Lucid launches three new models and a robotaxi as the EV company expands its midsize-vehicle platform. And Atlassian to cut about 10% of its workforce. Julie Chang hosts.
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Atlassian announced that it is letting about 10% of its workforce go today. Management said it was because AI is making the company more efficient, but we’re wondering if there is more to it than that. Plus, some napkin math on the Strategic Petroleum Reserve release and Dollar General’s most recent earnings
Tyler Crowe, Matt Frankel, and Jon Quast discuss:
- Altassian’s Layoffs
- The challenges facing SaaS companies in an age of efficiency
- Assessing the impact of the SPR release and how it changes our investing approach
- Dollar General’s earnings and its ongoing turnaround project
Companies discussed: TEAM, XYZ, DG, FIVE, WMT, TGT
Host: Tyler Crowe
Guests: Matt Frankel, Jon Quast
Engineer: Dan Boyd
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We’re raining hellfire down on Iran and American soldiers have died, but that doesn’t stop Trump from hitting the links, doing a little dancing, or holding a revenge rally. His main preoccupation is his daily PR battle over the war—which currently involves arguing that higher gas prices are a good thing. And his ever dutiful backup chorus in Congress is happy to explain how “freedom isn’t free.” Meanwhile, the immigration system has been so undone that we now have a shortage of seasonal workers. Plus, the absurd shoe-related loyalty test at the White House, a major Trump donor is trying to buy a Senate seat in Oklahoma, at least one white Afrikaner refugee has seen enough and wants to go home, Sam and Tim have new Cabinet member rankings, and some justice for JVL and Bill after Wednesday's pod.
Sam Stein joins Tim Miller.
show notes
The shutdown of the Strait of Hormuz has triggered a global economic disruption and created a major military and political challenge for the Trump Administration. WSJ's Jared Malsin explores the militarization of the strait, the options for its reopening and the risks of a prolonged closure of the world’s most important energy-transport route. Jessica Mendoza hosts.
Further Listening:
- Will Gas Prices Go Up Because of the Iran War?
- The Global Scramble for Patriot Missiles
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By torrin a. greathouse
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