Applied Materials reportedly denied government funding

Applied Materials faces a setback as it reportedly gets denied funding under the CHIPS Act, raising concerns for the chip sector. Meanwhile, Meta Platforms emphasizes early investment in AI to boost future growth. Delta Air Lines anticipates a $500 million loss due to a major software outage linked to CrowdStrike and Microsoft. The podcast also touches on the strategic split of Howard Hughes Corporation to focus on different projects, alongside insights into market trends and fluctuations in crude oil and Bitcoin prices.