Cspanshop. Org. Every purchase help support our nonprofit operations. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] [captions Copyright National cable satellite corp. 2023] announcer to mark the oneyear anniversary of the Inflation Reduction Act, President Biden spoke about Clean Energy Investments and manufacturing opportunities made possible by the law. During his address, the president talked about job growth, the economy and decreased inflation. From the white house, this is half an hour. The president of the United States accompanied by the ceo. [applause] everyone, it is a complete honor to be here today. In the last year, the Inflation Reduction Act has been transformative. I get to see it every day as the ceo of an Energy Company focused, purposebuilt to electrify and decarbonized the world. It is a start. I want to say simply and clearly that the Inflation Reduction Act is working to dr
The president of the United States accompanied by the ceo. [applause] everyone, it is a complete honor to be here today. In the last year, the Inflation Reduction Act has been transformative. I get to see it every day as the ceo of an Energy Company focused, purposebuilt to electrify and decarbonized the world. It is a start. I want to say simply and clearly that the Inflation Reduction Act is working to drive action on climate change, energy security, manufacturing jobs, and american competitiveness. [applause] we are accelerating our investments every day in breakthrough technologies, adding new factories, creating new jobs. If i can give two examples, with its size and legacy, we have invested 50 million this year, 200 new union jobs, to create the first six megawatt wind turbine in the u. S. Pensacola, florida, a place that we rely on heavily, our Navy Veterans growing that business, expanding our pensacola florida facility. As exciting as these things are the best is yet to come.
Cut. Also ahead, a rough morning for Health Insurers. Medicare investment rates come in short of expectations. Ge shares have been up sharply. The company now completing its final split by spinning off its Power Generation business. Ge aerospace ceo and larry culp and ge fernova scott stray sikh joining us a little later. We mentioned the tenyear going back close to 4. 4. This started with the ism data yesterday. Its constant. You look at it, just drips and drabs. The market is reacting in a curious way. Yesterday the nasdaq finished up. I thought that was incorrect. These are the stocks that should be getting hit, david. I do think this is a very important moment in the market because we had for dot ten about ra rates. Well, we did yesterday. A mistake for the nasdaq to be up . What does that even mean . I mean if rates go up, you want to sell the high multiples you also want to keep an eye on the companies that have a debt stack that needs to be refinanced. There were hopes at the ea
Steve cohen had to say about markets and a. I. , especially. Plus, it is a pivotal day for disney. The companys battle with nelson peltz is set to conclude at its annual meeting. That is set for this afternoon when we will get the vote totals. And tomorrow, 9 00 a. M. , right here, dont miss an exclusive with bob iger. Is it right here or out there . Its out there. Its out there. I will be going out there, hoping that the high winds that are blanketing the area wont prevent my travel to see mr. Iger. And by the way, just to make a point here, this is not saying anything one way or the other about the vote. Hes going to do the interview either way. Huh. Okay. Okay . Is that okay with you . Well, id be more inclined to do the interview if i won. I think thats his expectation and or disneys as ive been saying all along, at least. They have had a lot of confidence they will win. But you wanted to make it clear that it is not do you share that confidence . I do. The reporting i have been ab
To file an antitrust lawsuit against ticketmaster parent livenation as early as today lets begin with nvidias blowout quarter. The Company Revenue more than tripled in q1, and its datacenter business grew by more than 400 over a year earlier sending shares above 1,000 for the first time heres jensen huang on the call last night the demand for gpus and all the datacenters is incredible. Were racing every single day, and the reason for that is because applications like chatgpt and gpt 4o and now its going to be multimodality and gemini and its ramp and anthropic, you know, all of the work thats being done at all the csps are consuming every gpu thats out there jim, a lot of the commentary today says any worries about an air pocket probably get assuaged today. Yeah, look, there was a lot of teaching on the call last night. Jensen came in right after colette kress, the amazing ceo usually he comes in later, but he wanted to explain to people about the Industrial Revolution thats begun and