To buying and selling friends across the country. We begin with dom chu with the latest numbers. Its green across the screen, but the tech trade, which has been the leader for the last several days, and even months and quarters and years at this point, is the underperformer in todds trade. Well go through that in a moment. Its the dow up nearly 300 points, three quarters of a 1 gain there. So a laggard is the leader in todays trade. The s p 500, the broader measure, 5170 the last trade there, up about 20 points. At the highs, we were up 23. So near session highs. We were down 18 points at the lows of the session. Up one half of 1 there. And the nasdaq composite up 16,151, up 48 points, roughly 1 3 of 1 . So its the laggard in todays trade. I mentioned the technology trade. Crypto is part of that narrative right now. Bitcoin prices, currently down about 3. 5 , 64,800 and change. Remember, just in the last several days, bitcoin prices were above 73,000. Eit ether prices were above 4,000.
Joseph. Were happy to have you here. Always. People have things. Its summer. If they asked me next week, i would say no, im on vacation. Even to spend time with you, i would turn that down. You know what, i take everything you say seriously, because it just makes me, right, i believe you. Yeah. Theres no reason to not believe me. Its not necessarily sarcasm. Not necessarily. Lets take a check on u. S. Equity futures. Joe mentioned towards the end of the session, we came off in the middle with the higher beyond yields, take a look at how were set to open. Look looking to lose 8 at the open, the dow looking to lose 49. After a day of declines. The dow fell 291 points on track for the worst week since march. The dow, s p and nasdaq are down more than 2 of the week. For the dow, its the first time it closed below its 50day moving average since june. Check out the pullback in technology. We have been talking about this for some time. The declines are stark. Apple, meta, microsoft, each more
Policy summit. This is about 35 minutes. Joining us now, it needs to bits, board member and Senior Vice President of Government Affairs at qualcomm. [applause] nate hey everybody. Its a genuine pleasure for qualcomm to support this event again this year and i really want to thank the iti team for all the hard work it takes to produce another event. Its clear that American Ingenuity drives research and development empowering us to new to the logical futures. Policies that promote r d and strong patent protections will ensure American Companies maintain their technology leadership. The United States is set to play a pivotal role in shaping the standards that will guide the future of ai. Just as qualcomm played a pivotal role creating Wireless Technology that fueled the mobile revolution, we are focused on democratizing the benefits of Ai Technology by an access to it in the palms of peoples hands via their connected devices. In 2023, the ai discussions primarily centered around training
Joining us now, it needs to bits, board member and Senior Vice President of Government Affairs at qualcomm. [applause] nate hey everybody. Its a genuine pleasure for qualcomm to support this event again this year and i really want to thank the iti team for all the hard work it takes to produce another event. Its clear that American Ingenuity drives research and development empowering us to new to the logical futures. Policies that promote r d and strong patent protections will ensure American Companies maintain their technology leadership. The United States is set to play a pivotal role in shaping the standards that will guide the future of ai. Just as qualcomm played a pivotal role creating Wireless Technology that fueled the mobile revolution, we are focused on democratizing the benefits of Ai Technology by an access to it in the palms of peoples hands via their connected devices. In 2023, the ai discussions primarily centered around training and demo for large language models. This
Hello and welcome the American University. My name is caroline and i am a tax professor and managing director at the tax policy of business. I wanted to take a quick moment to introduce you to the Tax Policy Center for thoseont knoa nonpartisan Research Center housed in the school of business and we put out research on business literacy and education to Tax Compliance challenges the independent workforce, access to jcapital challenges of Business Owners and importantly for today, Tax Administration challenges. Broadly, we are experts on aia analytics and Digital Transformations and we build this expertise into the researce Research Center earlier this year together with ibm center of the business of Government Produced research on agencies can effectively adopt and deploy aai. The research reflects challenges for those using ai and we were able to draw on comments from the mmissioner, folks into tax agency administrations from around the world to talk about how aia has the potential to