We are delighted youre here today. This committee has jurisdiction over the department of energys vitally important science and Energy Research and development activities. The laboratories and facilities , so i hope we see you more frequently and i look forward to working with you throughout this congress. With the budget season mostly behind us, id like to bring just a few minutes and a few items to your attention. Ill start with the good news which is that despite the administrations best effort to make cuts across the board to deo research and Development Programs most faired well in the house of representatives. Im particularly pleased to see the increases to the budget for arpae and the long Programs Office both of which have yielded truly transformative results for Energy Technologies of all types. Im also quite happy that the house supported a substantial increase in the International Fusion project which i advocated for as well. I went to visit that project a couple years ago,
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
Department of justice looking for a breakup of live nation plus the 150,000 a year housekeeper in palm beach. Good help mob hard to find the demand for housekeeper and domestic wokkers are driving the salaries through the roof. A check on the markets first, though, the dow is turning sharply lower by almost 550 points boeing is a big decliner tonight. , but the s p is broughtly down 0. 35 . Live nation one of decliner, and. Dom, Morgan Stanley says no sign of slowing down in the price targets. Estimates have jumped almost over a billion to 27. 7 billion the analysts like hearing that demand is improving as well as broadening across sectors, which is why karnor fitzgerald wrote the Midnight Train is executing to perfection. So, definitely more up side. As for the surprise stock split, it wont change nvidias fundamentals, but susquehanna said it would reinvigorate the retail crowd while needham says it would be more affordable. Deutsche bank, though, one of the four banks keeping a hold
70s as we move into the late morning, were still a little bit cooler than we were yesterday at this point for most spots. But that turns around this afternoon and were actually going to be looking at a warmer afternoon ahead of us enough. So to get some of our inland areas back into the low 80s, all of your full breakdown as we approach the weekend. Still to come in your forecast, james. Okay, john, thank you. 10 oclock the time in our top story this morning. The San Francisco Teachers Union set to announce today whether they voted to authorize a strike. Teachers say theyre prepared to hit the picket line of necessary kron fours will. Tran has been following the story. Joining us from San Francisco will. We will know in 2 hours and now, james, whether or not the teachers have authorized a strike. I off all right. Well, well come back to will here in a little bit. But obviously, as he said in 2 hours, time will know what the teachers have voted to do. Like i said, teachers have said in
Corporate funding is provided by mutual of america designing customized individual and Group Retirement products. Thats why were your retirement company. Additional support has been provided by and by the corporation for public broadcasting, and by contributions to your pbs station from viewers like you. Thank you. From the tisch wnet studios at Lincoln Center in new york, hari sreenivasan. Sreenivasan good evening and thanks for joining us. Growing anxiety today on the Korean Peninsula following north koreas second, and more ambitious, test of an Intercontinental Ballistic Missile on friday. The missile is thought to be capable of reaching deep inside the u. S. Mainland. China condemned the launch and urged restraint, but President Trump expressed frustration with beijing last night, criticizing chinese leaders over trade, and then saying in a visible show of force, the pentagon ordered two air force b1 bombers to fly over the peninsula. They were accompanied by south korean and japan