

House Passes Trump-Backed Budget Bill, Apple Shareholders Vote to Keep Diversity Policies
Feb 26, 2025
The podcast dives into a significant downturn in the stock market, highlighting the drop in indices and Tesla's struggles. It discusses a contentious budget bill passed by the House, showcasing a sharp partisan divide. The conversation shifts to Apple's dedication to diversity initiatives, even as other companies step back. Lastly, market movements take center stage, with Supermicro and General Motors gaining traction while Maple Bear faces hurdles, alongside the exploration of Trump’s immigration plan targeting wealthy investors.
AI Snips
Chapters
Transcript
Episode notes
Market Drop Driven by Tech
- The S&P 500 dropped, but many individual stocks performed well.
- Big tech stocks, especially Tesla, dragged the index down.
Chip Stocks Fall on Export Rumors
- Chip stocks like NVIDIA, AMD, and Intel fell due to rumors of more chip export restrictions to China.
- These rumors are coming from the Trump administration.
Watch NVIDIA's Earnings
- Pay attention to NVIDIA's earnings report as it could significantly impact the market.
- Subscribe to the podcast to stay updated on the analysis of NVIDIA's earnings.