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Promoter says defend their decision to host a world heavyweight fight in saudi arabia plus andy murray singles comeback ends in defeat in cincinnati well hear from him in the next hour. So all Outgoing Flights have now been canceled again Hong Kong International airport this is the 5th day of protests there on monday a big demonstration shut down the airport which is the regions busy hong kongs chief executive kerry says weeks of antigovernment protests a damaging the rule of law she told reporters in the city in her words that it is seriously wounded and she warns hong kong will take a long time to recover from these violent demonstrations cold like. Violence no matter if its use. Violence or condoning violence to push hong kong down a path of no return will plunge Hong Kong Society into a very worrying an ....
Good morning. My concern is about the 2024 election. I hope we do not have the same election we had in 2020 where everybody received billions of dollars hello . Go ahead. [applause] welcome, everyone. I am the managing director. Always a pleasure to have you back. Right now even more so on the eve of a Spring Meeting coming up and you are back from a trip to china. We talked about a lot of these things. Before i start i wanted to remind you we have a lot of people watching this virtually so i want to remind all of you who are watching this virtually that you can send in questions if you have any, you can send them in by email or two events or on the Youtube Channels you are watching this on or on twitter. Any of those ways will hopefully reach us in time. I am sure there are people in the audience who have questions. Before we get to the questions i have questions of my own ....
Listing day. 14 billion goes to micron from the chips act to boost americas memory chip prowess. There is only one story that matters right now and it is meta. You see the share reaction to mosque zuckerberg outlining billions of dollars to building out Ai Infrastructure. Expenses, arrange raised, capex raised. The focus of the call was on the product cycle. How many years will it take for this investment to would materialize in sales growth. Thats the question on the stock is on track for biggest drop since october of 2022. Remember how well its performing yeartodate. Look at the market cap, the scale of this company but also the market cap lost. The reporting from kurt wagner and the analysis from analyst mandeep singh. Mark zuckerberg was cognitive on this call but what he tried to do was say trust me end bear with me ive got a plan for ai to have an impact on the existing business. Explain what we learned. Kurt he was sayin ....
And it runs just under one hour. Welcome, always a pleasure to have you. I want to start by i do not know how many of you had a chance to look at this, the speech at Kings College in cambridge about two weeks ago. It was a speech on the economic prospects, so you will remember that title. Harkening back to the spirit of that paper, you also looked in that speech for the prospects of the next 100 years and drew out two scenarios. One would see per capita income standards double over the next 100 years and the others, seeing it increase tenfold depending on how the world organized itself over the coming decades on new challenges we face. I thought that was a nice framing and i thought we could come back a little bit. I am modest so i tend to look at the next decade. What are the prospects for the next decade . Could i get your sense, we were talking before we came in, in some ways it is clear what the challenges are. So clear what is ....
And it runs just under one hour. Welcome, always a pleasure to have you. I want to start by i do not know how many of you had a chance to look at this, the speech at Kings College in cambridge about two weeks ago. It was a speech on the economic prospects, so you will remember that title. Harkening back to the spirit of that paper, you also looked in that speech for the prospects of the next 100 years and drew out two scenarios. One would see per capita income standards double over the next 100 years and the others, seeing it increase tenfold depending on how the world organized itself over the coming decades on new challenges we face. I thought that was a nice framing and i thought we could come back a little bit. I am modest so i tend to look at the next decade. What are the prospects for the next decade . Could i get your sense, we were talking before we came in, in some ways it is clear what the challenges are. So clear what is ....