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Plus: Medline debuted with the largest IPO in four years. And Warner Bros. Discovery slides after it rejects Paramount’s hostile bid. Katherine Sullivan hosts.
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An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.
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Electric vehicles were supposed to disrupt the auto industry, but sales are down, subsidies are going away, and Ford is pivoting away from EVs and taking $19.5 billion in charges to shift to hybrids. What strategy is the right one long-term?
Travis Hoium, Lou Whiteman, and Rachel Warren discuss:
- Ford’s $19.5 billion EV writedown
- Does Detriot have the right strategy?
- What’s next for Rivian and Tesla
Companies discussed: Ford (F), Rivian (RIVN), Tesla (TSLA), General Motors (GM), Lucid (LCID).
Host: Travis Hoium
Guests: Lou Whiteman, Rachel Warren
Engineer: Dan Boyd
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Plus: a star witness in FTX founder Sam Bankman-Fried’s criminal trial leaves prison early. And the Oscars are going to YouTube. Danny Lewis hosts.
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Myanmar, also known as Burma, will hold a phased general election starting later this month. It comes amidst a years long civil war that has killed thousands and displaced millions. And it is being called by a military government that seized power in a coup four years ago. We learn about the lengths the leadership is going to in order to convince the world to accept the election’s results.
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Cloud seeding is a decades-old rain-making technology, and it’s making a comeback in drought-stricken western states. Utah is partnering with a startup called Rainmaker as they try to stabilize the Great Salt Lake, assisted by drones and AI. But those efforts are colliding with weather conspiracy theories that have only gotten more persistent after some blamed Rainmaker for deadly floods in Texas last year. Jessica Mendoza spoke to the company’s CEO Agustus Doricko about their projects, and WSJ’s Kris Maher explains the growing movement for states to ban weather modification despite scientific consensus.
Further Listening:
- Hot, Dry and Booming: A Texas Climate Case Study
- Is Asheville No Longer a 'Climate Haven?'
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Jim Cramer is the host of CNBC's Mad Money and author of How To Make Money In Any Market. Cramer joins Big Technology Podcast to talk through hot takes the top tech names: Apple, Amazon, Meta, OpenAI, NVIDIA, Microsoft, Tesla, Coreweave, and more. We discuss whether NVIDIA can hit $10 trillion, whether Tesla needs self driving to work, whether OpenAI can make it, and much more. We talk why Cramer encourages looking at individual stocks vs. index funds and what money is for.
Check out Jim's book here: https://www.amazon.com/How-Make-Money-Any-Market-ebook/dp/B0F4RGS9TF/
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Hello!
Today, we have an episode about how nobody can read anymore, AI, humans, and why we’re so afraid of the robots with Celine Nguyen, the great author of the Personal Canon substack, and repeat guest Leif Weatherby, who came by to talk about his book Language Machines: Cultural AI and the End of Remainder Humanism.
Enjoy!