Aigail, it felt like broadbased selloff within the s p 500 all the way down to tech stocks. Abigail it was a broad selloff. A far more concentrated as you were just mentioning with the mega cap tech stocks. There was weakness for tech. The dow had been higher. That tells you the degree, the dow closing sharply as well. The closing pressure came for tech stocks. The worst day since march. The faang index down. Tesla down 9 . The stocks and chips also down 5. 7 . And you were mentioning that this was the correction folks were looking for. Tesla up out of the march low. Plus the stocks split for tesla and apple. People wondering when the hangover would come. Today seems to be the case. Perhaps a little bit too far, too fast. We also have bearish action. Broadcom put up a beat, but it was narrow. Beating sales by less than 1 . One of the tech fires that was really not that great. And doc you sign after a really bearish day. This stock up 227 on the year, 4. 6 bearish. Another case of too f
What is he proposing, and what do you think . Patrick a lot of the principles of this regulatory policy come from the 20th century and even the 19th century. We are talking about overly prescriptive government regulation managing the minutia of the policies of technology companies. He is talking about very prescriptive regulations in terms of how these Companies Use data. There are good things about the policy, i would say, things like reempowering congress through the office of technology analysis. So there are good parts of the proposal in terms of wanting to create more education, more knowledge, out of the companys work and how the digital economies work. But there are also things in this plan that resemble what we see in a lot of plans coming from both sides of the aisle. I would say this plan shares a lot of similarities with things proposed by senator josh hawley and other senators in terms of regulating how you interact with platforms, the amount of time you spend on the platfo
Ah, Silicon Valley in california and from here, Companies Like apple and google have conquered the world. But their success has come at a price language to see the value from us up a. So you must be very wealthy. Well, i was living in los altos before came, you know, this very exclusive area to live in. David is a tradesman, the rise of Tech Companies has made it impossible to pay rent living for 3 years. But hes been living in a vanity right next to close campus. Partially the group. I was living in the house. It was a 2 bedroom house, was paying about 2400. 00 a month. That was june. Okay. Well the guy realizing get 5000. 00 a month for this place, right. So he tells me you got to go and the lease is up. Im going to remodel. And so people like me like ive been here, my wife. I got no where to go. Silicon valley and San Francisco belong to the bay area. As of 2021, there were around 35000 Homeless People here alongside the highest density of billionaires in the world. And the pandemic
Ah, Silicon Valley in california and from here, Companies Like apple and google have conquered the world. But their success has come at a price language to see the value from us up a. So you must be very wealthy. Well, i was living in los altos before came, you know, this very exclusive area to live in. David is a tradesman, the rise of Tech Companies has made it impossible to pay rent living for 3 years. But hes been living in a vanity right next to close campus. Partially the group. I was living in the house. It was a 2 bedroom house, was paying about 2400. 00 a month. That was june. Okay. Well the guy realizing get 5000. 00 a month for this place, right. So he tells me you got to go and the lease is up. Im going to remodel. And so people like me like ive been here, my wife. I got no where to go. Silicon valley and San Francisco belong to the bay area. As of 2021, there were around 35000 Homeless People here alongside the highest density of billionaires in the world. And the pandemic
Ah, Silicon Valley in california and from here, Companies Like apple and google have conquered the world. But their success has come at a price language to see the value from us up a. So you must be very wealthy. Well, i was living in los altos before came, you know, this very exclusive area to live in. David is a tradesman, the rise of Tech Companies has made it impossible to pay rent living for 3 years. But hes been living in a vanity right next to close campus. Partially the group. I was living in the house. It was a 2 bedroom house, was paying about 2400. 00 a month. That was june. Okay. Well the guy realizing get 5000. 00 a month for this place, right. So he tells me you got to go and the lease is up. Im going to remodel. And so people like me like ive been here, my wife. I got no where to go. Silicon valley and San Francisco belong to the bay area. As of 2021, there were around 35000 Homeless People here alongside the highest density of billionaires in the world. And the pandemic