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Newsom Sues Over Tariffs, Meta Faces Breakup, and AI Chip Export Controls Trigger Tech Stock Sell-Off

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Manage episode 477534118 series 3323110
Content provided by L.A. Times Studios. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by L.A. Times Studios or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Governor Gavin Newsom has filed a lawsuit challenging the scope of President Trump’s authority to impose tariffs, citing potential economic impacts on California’s trade partnerships. Meta is in the midst of a high-profile federal trial that could lead to the divestiture of Instagram and WhatsApp. Tech stocks fell sharply after Nvidia projected a $5.5 billion loss due to new U.S. export controls on AI chips. And in San Luis Obispo, a man who had been living on the streets won $1 million from a California Lottery scratcher.

  continue reading

513 episodes

Artwork
iconShare
 
Manage episode 477534118 series 3323110
Content provided by L.A. Times Studios. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by L.A. Times Studios or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Governor Gavin Newsom has filed a lawsuit challenging the scope of President Trump’s authority to impose tariffs, citing potential economic impacts on California’s trade partnerships. Meta is in the midst of a high-profile federal trial that could lead to the divestiture of Instagram and WhatsApp. Tech stocks fell sharply after Nvidia projected a $5.5 billion loss due to new U.S. export controls on AI chips. And in San Luis Obispo, a man who had been living on the streets won $1 million from a California Lottery scratcher.

  continue reading

513 episodes

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