Years. Good afternoon, everyone, im honored to call this hearing to order. Im pleased to be here with my colleague senator fisher wearing her pin with ruby red slippers symbolizing theres no place like home. This place in washington is on our minds. Thank you, senator merkley for being here and we have other members attending as well and i want to thank Ranking Member fisher and her staff for working with us on this hearing on Artificial Intelligence in the future of our elections. I want to introduce i will introduce our witnesses shortly but we are joined by minnesota secretary of state steve, vast experience in running elections and well respected in our state and nationally, trevor potter, former fbc commissioner and chair. Thank you for being here. Maya wiler, we are going to hear Ranking Member fisher will be introducing two remaining witnesses. We thank you for being here neil and ari cohn, Free Speech Council at tech freedom. Like any emerging technology, ai comes with signific
Surging after chips turned profitable for the First Time Since 2022. This is part of a much bigger global theme where seeing of the Ai Development boom that it is turning the cycle after so much of a downturn. We saw the 4. 8 billion net income number, so a handy beat. That is about four times samsungs earnings just a year earlier. Samsung coming online now. Up about. 1 . We will continue to watch and wait to see how investors react to that stock even know it is up about 17 over the past year, it has underperformed compared to the likes of sk hynix which has doubled in that period, nvidia tripling in that period. Samsung off the april peak, actually down about 10 . Seeing a little bit of downside when it comes to trading in samsung. Continuing to watch that but the other big story is what has been going on with the yen. We had remarks pretty measured. They will be getting more information when the data release comes out at the end of may. But a lot of the markets seeing this as tacit c
Plus, strike watch. Hollywood reaching a deal with writers while the auto walkout enters its second week. Ford says significant gaps still remain, and amazons ai move investing some 4 billion in a chatgpt rival. Lets begin though with a new market week. After four days of losses, mike, and we lost the 100day moving average on s p. Yeah. New market week. You have the tenyear up 4. 5 . We closed pretty close to the lows on friday, and now i think its become the debate point is we expected we would have some seasonal weakness. We came into august overbought and overlogged and everybody embracing the soft landing scenario. Now we have had a little bit of correc corrective mindset to that. How deep we have to go is a question of terms of trying to account for the rates and why theyre there. I wasnt necessarily that alarmed at the specific changes the fed made where they took away two cuts from next year and essentially higher for longer and they have been saying for a very long time, you. T
Over much of the past three decades, ive been an investor. [applause] the highest calling of mankind, ive often thought, was private equity. [laughter] and then i started interviewing. I watched your interviews, so i know how to do some interviewing. [laughter] ive learned from doing my interviews how leaders make it to the top. Jeff i asked him how much he wanted. He said 250. I said fine. I didnt negotiate with him. I did no due diligence. David i have something i would like to sell. [laughter] and how they stay there. You dont feel inadequate now because being only the second wealthiest man in the world, is that right . [laughter] about 40 years ago, a Young College graduate, mike wirth, joined chevron. Then and now, one of the Largest Energy companies in the world. Today, he is the ceo of chevron and dealing with multiple issues that Energy Companies have to deal with today, including Renewable Energy. I sat down with mike wirth to find out what its like to run chevron today in the
David this is, uh, my kitchen table, and it is also my filing system. Over much of the past three decades, ive been an investor. The highest calling of mankind ive often thought, was private equity. [laughter] and then i started interviewing. I watched your interviews, so i know how to do some interviewing. [laughter] ive learned from doing my interviews how leaders make it to the top. Jeff i asked him how much he wanted. He said 250. I said fine. I didnt negotiate with him. I did no due diligence. David i have something i would like to sell. [laughter] and how they stay there. You dont feel inadequate now because being only the second wealthiest man in the world, is that right . [laughter] about 40 years ago, a Young College graduate, mike wirth, joined chevron. One of the Largest Energy companies in the world. Today, he is the ceo of chevron and dealing with multiple issues that Energy Companies have to deal with, including Renewable Energy. I sat down with mike wirth to find out wha