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Nasdaq’s Rough Quarter, Rivian’s 'Micromobility’ Spinoff | Bloomberg Technology
Bloomberg’s Caroline Hyde discusses the Nasdaq 100’s worst quarter in years as fears of an AI bubble weigh on investors. Plus, former FCC Chairman Tom Wheeler explains the possible impact of the Trump Administration using tariffs to protect tech profits. And Rivian CEO, RJ Scaringe, and Eclipse partner Jiten Behl, discuss the spin off of Also, a company focused on small electric vehicles for short trips. (Source: Bloomberg)
DIVIDE ADMINISTRATION SCRAMBLED IN THE LAST DAYS TO TRY TO FINALIZE THE AGREEMENTS WITH A BUNCH OF THE MOST IMPORTANT CHIP COMPANIES ALL ROLLED, INCLUDING TSMC, SAMSUNG, INTEL, MICRON. TSMC SEES A LOT OF OPPORTUNITIES IN THE UNITED STATES TO MAKE INVESTMENTS, BUILD SOME CUTTING EDGE CHIPS HERE AND THEN SELL THEM TO DOMESTIC CUSTOMERS. COMING UP, TOM WHEELER CURRENT VISITING FELLOW AT BOOKING INSTITUTION IS JOINING US NEXT THOUGHTS ON BIG TECH IN THE AGE OF TARIFFS AND GLOBAL TRADE WARS.
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