Welcome to your return! President Donald Trump said he is planning to impose a 25 % tariff today on steel and aluminum imports. Gold set a record After the news, while some relevant currencies were reduced in dollars. US futures High market trade.
In the big story today, Meta employees are affected by its performance -based cutting They are notified today.
What is on the deck
Markets: Palantir and retail investors A match made in heaven.
Technology: Consultant executives told us the claims they use To get the maximum benefit from artificial intelligence.
a job: Billionaire heirs Desperate to give up their money.
But first, “reduce strength.”
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The big story
The execution of the herd
Meta CEO META
Chris Unger/Zuffa LLC via Getty Images
The next day for Super Bowl at work, but it’s about to be especially difficult for some Meta employees.
Today Meta began notifying workers affected by performance -based job cuts. Less than a month ago, CEO Mark Zuckerberg told employees that the technology giant was Launch 5 % of the entire workforce To accelerate the speedy disposal of low artists. (he This was not explicitBut the point stands.)
Gyoty Man from Business Insider got the internal memorandum that details How will the discounts work. When everything is said and done, about 4,000 door identification workers are expected to appear.
Gytoti, Branaf Dixit, and Ho Langley spoke to some employees about feelings inside Meta leading to discount Meta reorganization efforts.
Driving hairstyles come as a journalist He made some other seismic transformations. From repairing its content baptism system and DEI programs to double its investment in artificial intelligence, Meta has not lost time in what Zuckerberg said it would be.Extensive“
Coincidentally, Meta employees face their own problems in moderate content. Some workers questioned the removal of Meta for jobs and comments from their internal forum. Meta participation forecasts in Meta are bound to ridicule the ridiculous categories such as race, but some employees accused the technology giant From the control of the correct discussions.
The internal drama is not the only problem you face is dead. The struggle for artificial intelligence dominance is heating and becoming more expensive. Meta expects its capital expenses to reach $ 65 billion this year, About twice what she spent in 2022.
Meta’s push for open source AI models also contrasts with some of its competitors, which can be strengthened or counterproductive.
News summary
The main headlines
- Nike has made a sudden return at Super Bowl – and JPMorgan analysts broke the news.
- CFPB says it closes its headquarters and He ordered the employees to work remotely.
- Fido’s RTO Blues: American pets Sadness during the end of WFH.
- Trump guides the cabinet Stop making new pennies.
- Behind the scenes, American companies are scrambled Stop plans to deport Trump.
- Elon Musk says that the former Doug employee who made “inappropriate” statements It will be renewed after a survey of X users.
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She suggests a jump in the wounded in a corner of the mortgage market The home buyers may fight for the first time.
3 things in the markets
Kevin Lietsch/Getty Images; Rebecca Zeer/binary
1. Palantir + retail investors = large returns. CEO Alex Carb is not commensurate with the Wall Street template, so it is not surprising his approach to investors. Instead of the public subscription track, Palantir went to get a direct list, and during profit calls – KARP often gives retail investor questions. These investors are my mother and Bob are Rending rewardsWith more than 47 % shares this year.
2. The opening of the White House supporting Carbuto. AI and Crypto CZAR DAVID SACKS announced on Tuesday that the Trump administration has given the priority of the Federal Stablecoins Bill. Stablecoins, which is encrypted, can help with Fiat currencies, Make sure the US dollar dominatesExpert Expert I tell BI. Because about 98 % of Stablecoins are linked to Greenback.
3. Gold invested in the investor amid Trump’s policies. The Trump administration motivated trade and geopolitical uncertainty, so investors flow on the yellow metal as a safe haven. Gold set a record today After Trump threatened on Sunday steel and aluminum definitions. Before Trump’s comments, IGN said he expected gold to reach $ 3000 an ounce in this quarter.
3 things in technology
Genie Genie Chang Rodriguez/Di -Di.
1. The rise of robots (supported by VC). Some startups are building independent robots, as some American companies have received up to $ 150 million in financing. Robots use artificial intelligence and spatial intelligence to do everything from coffee to help surgery. Bi found 12 companies to watch.
2. X has a new Adtech partner. Elon Musk Company It works with MagniteThe supply side platform that helps publishers manage and sell ads. X works unlike the losses that took it when many advertisers left the platform in 2022, although the Musk meat with them is still strong.
3. How to use MCKINSEY and Big Four Artificial Intelligence. Bi Execs request in five large consulting companies – MCKINSEY, PWC, KPMG, EY and Deloitte – their best advice to use artificial intelligence in daily work. Tell us their favorite claims and advice Get the maximum benefit from technology.
3 things at work
Fromm Studio for bi
1. These wealthy heirs want to get rid of themselves. One conference helps the wealthy – and most of them are young – with their identities and redistribute their money to important reasons. Climb He also finds millionaires and billionaires society (And if it is small) along the way.
2. Do we make egg honey for all these price increases? Most people know that egg prices have increased recently, partly due to the fact that bird flu has spoiled the chicken population laying eggs. But when customers are prepared to expect high prices, some retailers can raise prices to what is really necessary. Are retailers ignoring staying on his feet? Or is there a little playing at work?
3. If you are one of the tens of thousands of Americans, you are recently affected by a matter of returning to the office, do not be afraid. BI collected a guide to help you prepare, Including moving planning and determining what you wear.
In other news
What happens today
- China imposes a retaliatory tariff on American goods.
- McDonald’s profit reports.
