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U.S. safety officials are pressing Tesla $TSLA for answers on its planned paid robotaxi rollout in Austin next month, focusing on how the system will handle poor visibility. NHTSA is already investigating FSD crashes in low-visibility conditions & wants more detail before launch. https://t.co/yoRYZbGkX3
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Truist says the White House's drug pricing push will likely zero in on branded meds, especially those with ex-US sales—like cancer, weight loss, and asthma drugs. Generics like $AMRX and $ANIP may be spared for now, but names like $BHC, $COLL, and $PCRX could land in future negotiations.
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$GOOGL LAUNCHES AI FUTURES FUND:

The new initiative will invest in startups using DeepMind’s AI tools—from seed to late stage. Perks include early access to models, Google Cloud credits, and expert support. Apps open May 12. Past participants include Viggle and Toonsutra.
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The All-In Podcast
Trump🇺🇸 vs The Federal Reserve🏦

On E227, the besties debated if the Federal Reserve was acting politically by holding off on rate cuts, or if its "wait and see" approach was warranted given tariff uncertainty.

According to Polymarket, "No change" is the most likely outcome for the next three Fed decisions:

-- 90% chance of "No change" in June

-- 72% chance of "No change" in July

-- 52% chance of "No change" in September

Why do you think the Fed is holding off on rate cuts?
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HARLEY-DAVIDSON CUTS TARIFF IMPACT ESTIMATE:

After the U.S.-China deal, $HOG now sees $45M in tariff savings, lowering its 2025 China tariff hit to $30–$55M. If 30% tariffs hold through year-end, that drops to $10–$35M. HDFS deal also progressing, with updates expected next Qtr.
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$UBER JUST HIT A NEW RECORD HIGH. https://t.co/8NFAbMRcDv
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FCC TO INVESTIGATE ECHOSTAR’S $SATS COMPLIANCE WITH REQUIREMENTS TO BUILD A NATIONWIDE 5G NETWORK - WSJ
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Investing visuals
Show this to anyone who hasn't started investing yet. https://t.co/FA1Nw7WL7X
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U.S. posts a $258.4B budget surplus in April, slightly above expectations. Customs duties jumped 130% y/y to $16B amid new tariffs. Fiscal YTD deficit now stands at $1.05T vs. $855B this time last year. April receipts hit $850B, outlays $592B. https://t.co/o2fpiisBYh
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U.S. BANKS REPORT DROP IN DEMAND FOR C&I LOANS IN Q1, WEAKEST FOR LARGE FIRMS SINCE Q3 IN A REVERSAL OF Q4 STRENGTH -- FED SURVEY
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The GOP’s new tax bill would end the EV tax credit early and add a $10K auto loan interest deduction. It also raises the debt ceiling by $4T, boosts deductions for seniors, and exempts tips and OT pay from taxes through 2028.
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TAX BILL OMITS TRUMP PROPOSAL FOR MILLIONAIRE TAX BRACKET
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Apple $AAPL is bringing an AI-powered battery optimization mode to iOS 19 this fall, aimed at boosting battery life by learning user behavior. It’s especially built to support the thinner iPhone 17 Air, which will have a smaller battery. Feature will roll out to all iPhones with iOS 19. (Bloomberg)
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Fed's Goolsbee: Tariffs Will Still Have Stagflationary Impluse; Temp Nature Of Deal Would Weigh On The Economy - NYT
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