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☆ The Magnificent 7 companies are worth a combined $14 trillion — here's how much their CEOs make
▼ + stars: | 2024-05-18 | by ( Ana Altchek | Jyoti Mann | ) www.businessinsider.com time to read: +1 min

The "Magnificent Seven" companies include Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla. Here's who earns the most, how much they all made last year, and how it breaks down. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe "Magnificent Seven" companies — Microsoft, Apple, Nvidia, Alphabet, Amazon, Meta, and Tesla — have a combined value of nearly $14 trillion.

Persons: Tesla, trillions, Here's, —, Tim Cook's, Andy Jassy Organizations: Apple, Meta, Microsoft, Nvidia, Service, Big Tech, Business

☆ China teases plan to buy unsold homes to fix property crisis. Markets are loving it
▼ + stars: | 2024-05-16 | by ( Laura He | ) edition.cnn.com time to read: +3 min

The index has rallied nearly 30% from its January low, having entered a bull market earlier this month. Longfor Group, the ninth largest homebuilder in China, surged 11%, becoming the top performing stock on the Hang Seng Index. “We think this is a largely symbolic move to show support for the sector with a ‘national team’ for the housing market,” said Citi analysts. “We are cautiously optimistic about the ‘government-led buying on unsold units’ as it’s still being rolled out in more cities, “ said Jeff Zhang, an equity analyst at Morningstar. Nasdaq Golden China Index, which tracks Chinese companies listed on Wall Street, has gained 11% since the start of April.

Persons: ”, “, Jeff Zhang Organizations: Hong Kong CNN, Longfor, China Holdings, National Development, Reform Commission, ’, Citi, ING Group, Morningstar, homebuyers, Communist Party, Nasdaq Locations: China, Hong Kong, Beijing, Hangzhou, Xi’an, Chengdu, Shanghai

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow the U.S. spends trillions being the world's 'top cop'President Joe Biden signed a $95 billion military aid package in April 2024, including funds for Ukraine and Israel. Military spending often bolsters the U.S. defense industry. The five largest U.S. defense companies, Lockheed Martin, RTX, General Dynamics, Boeing and Northrop Grumman, had Department of Defense contracts totaling more than $118 billion in fiscal year 2022. Watch this video to learn more about where the U.S. sends military aid and personnel and the global impact of defense spending.

Persons: Joe Biden, Lockheed Martin, RTX, Northrop Grumman Organizations: Military, U.S, Lockheed, Dynamics, Boeing, Northrop, of Defense Locations: U.S, Ukraine, Israel

☆ These wall-climbing, AI-powered robots are finding the flaws in 'D' grade US infrastructure, from commuter bridges to military hardware
▼ + stars: | 2024-05-15 | by ( Ian Thomas | ) www.cnbc.com time to read: +4 min

A focus on military hardware, from subs to aircraft carriersGecko robots are increasingly being utilized by the U.S. military. In 2022, the U.S. Air Force awarded Gecko Robotics a contract to help it with the conversion of missile silos. Gecko Robotics technology can collect upwards of 20 million data points in a tenth of the time, Loosararian said. The digital twins being created by Gecko robots also help with the building of future projects, saving not only time but resources and capital. "It's not just about how things work day-to-day but also how do you build smarter things," Loosararian said."

Persons: Baltimore's Francis Scott Key, weren't, Jake Loosararian, CNBC's Julia Boorstin, Loosararian, It's Organizations: Robotics, CNBC, Biden's, U.S ., U.S . Air Force, U.S . Navy, Columbia, Navy, USS Locations: Philadelphia, U.S, New York City, China

☆ Biden, Trump face 'massive tax cliff' amid budget deficit, experts say
▼ + stars: | 2024-05-14 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +2 min

The next U.S. president will face trillions in expiring tax breaks. While President Joe Biden and former President Donald Trump have shared early proposals, the federal budget deficit could complicate plans, experts say. Many TCJA tax breaks are temporary and slated to sunset after 2025 unless Congress passes legislation to extend them. "It's a massive tax cliff," said Erica York, senior economist and research manager with the Tax Foundation's Center for Federal Tax Policy. Here's why prices still aren't going downHowever, the federal budget deficit will be a "huge sticking point" amid tax negotiations, York said.

Persons: Joe Biden, Donald Trump, Erica York, Biden, York, Howard Gleckman Organizations: Trump, Tax, Center, Federal Tax, Finance, Congressional, Urban, Brookings Tax Locations: Washington

☆ A woman gave herself poop transplants using her brother's feces to treat debilitating IBS. Then she started getting acne just like him.
▼ + stars: | 2024-05-14 | by ( Kim Schewitz | ) www.businessinsider.com time to read: +7 min

A man in his mid-30s with Crohn's disease did DIY poop transplants using his mom as a donor for years. They appeared to ease his gut symptoms, but he experienced menopause symptoms such as sweating, hot flashes, and mood swings, similar to his menopausal mom. Experts in the documentary warned against trying poop transplants at home because there is a risk of transferring bad microbes and susceptibility to all kinds of diseases. After she made the switch, her acne went away, but this time, she experienced depression symptoms. AdvertisementWhen Koepke once again switched back to her brother's poop transplants, the depression went away within a week, she said.

Persons: —, Daniell Koepke, Koepke, Thomas Borody, Guilia Enders, who's, Enders, Jack Gilbert, Gilbert, FMTs Organizations: Service, Netflix, Business, US Food and Drug Administration, Digestive Diseases, UC San Diego Locations: Sydney, Australia

☆ Money or talent? What's actually driving hedge funds to Abu Dhabi and Dubai
▼ + stars: | 2024-05-14 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +9 min

Millennium, Brevan Howard, Schonfeld, and ExodusPoint are just a few of the funds that have put roots down in either Abu Dhabi or Dubai. Meanwhile, Bridgewater's Ray Dalio bought a penthouse in Abu Dhabi as he compliments the country's policies. When one US-based hedge fund fundraiser met with Abu Dhabi officials late last year, he didn't expect much to come of it. He lauded everything from the Louvre outpost in Abu Dhabi to the warm weather to the responsiveness from government officials. A Bloomberg story on Abu Dhabi notes that it's fast-tracking country-club admissions for new wealthy immigrants.

Persons: —, Brevan Howard, Schonfeld, Bridgewater's Ray Dalio, Austen Smart, Tighe, Smart, Alan Howard, Greg Coffey, Danny Yong, hoover, Doug Greenig, Morgan, Point72, Steve Cohen, Viking Global's Andreas Halvorsen, keynotes, Howard, Abu Dhabi, Craig Bergstrom, Bobby Jain's, Florin Court's Greenig, Abu, Floring Organizations: Service, United Arab Emirates, titans, Business, Tighe International, Florin Court Capital, Morgan Stanley's, Dubai Financial Services Authority, Abu, Abu Dhabi Investment Authority, Mubadala Investment Company, Corbin Capital, Abu Dhabi Global, Hong Kong, pats, Bloomberg Locations: Dubai, Abu Dhabi, London, New York, Mumbai, UAE, Asia, Switzerland, It's, Gaza, Iran, Palm, Europe, Cayman Islands, Jersey, Miami, San Franciso, Riyadh, Saudi

☆ Biden plans for higher taxes on the ultra-wealthy and corporations to extend middle-class tax breaks
▼ + stars: | 2024-05-10 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

Director of the National Economic Council Lael Brainard speaks at the White House in Washington, D.C., on January 11, 2024. President Joe Biden's top economic advisor on Friday laid out plans for the country's looming debate over trillions in expiring tax breaks enacted by former President Donald Trump. Several provisions from the Tax Cuts and Jobs Act, or TCJA, of 2017 will expire after 2025 without any changes from Congress. Those include lower federal income tax brackets, a higher standard deduction and doubled estate and gift tax exemption, among others. The Republicans' signature tax package also permanently reduced corporate taxes by dropping the top federal rate from 35% to 21%.

Persons: Lael Brainard, Joe Biden's, Donald Trump Organizations: National Economic, White, Washington , D.C, Republicans, Finance, Hamilton, Brookings Institution Locations: Washington ,

☆ Solar storms could create rare aurora displays, impact communications on Earth this weekend
▼ + stars: | 2024-05-10 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

When the energized particles from coronal mass ejections reach Earth’s magnetic field, they interact with gases in the atmosphere to create different colored light in the sky. The Space Weather Prediction Center tracked multiple strong flares emitting from a large cluster of sunspots on the solar surface since Wednesday. Alex Kormann/Star Tribune/Getty ImagesThe effects of geomagnetic stormsWhen directed at Earth, these ejections can cause geomagnetic storms, or major disturbances of Earth’s magnetic field. So far, researchers have obseverd only three severe geomagnetic storms during the current solar cycle, which began in December 2019, according to the center. The storms also affect flight patterns of commercial airlines, which are instructed to stay away from Earth’s poles during geomagnetic storms due to loss of communication or navigation capabilities.

Persons: Wolf, Alex Kormann Organizations: CNN, National Oceanic, Prediction, National Weather Service, Star Tribune, Getty Locations: Alabama, Northern California, New Mexico , Missouri, North Carolina, California, United States, England, United Kingdom, Cloquet, Minnesota, Sweden, South Africa, Quebec

☆ A woman couldn't understand why she wasn't losing weight after trying diets, exercise, and medication. A test revealed she was missing crucial gut microbes.
▼ + stars: | 2024-05-09 | by ( Kim Schewitz | ) www.businessinsider.com time to read: +5 min

Kimmie Gilbert couldn't seem to lose weight despite trying diets, exercise, and medication. Research suggests that gut microbiome composition might play a role in a person's weight. AdvertisementKimmie Gilbert has one pressing question: "What in the world are y'all eating that I'm not eating that causes y'all to lose weight and not me?" In 2019, health tech had a global market value of approximately $350 billion, according to McKinsey. A microbe called Prevotella, which is associated with weight loss, wasn't found at all in her gut.

Persons: Kimmie Gilbert couldn't, Gilbert, —, Kimmie Gilbert, y'all, Eran Segal, Annie Gupta, Goodman, Rob Knight, Jack Gilbert, wasn't, Gupta, Prevotella, Segal Organizations: Service, Netflix, McKinsey, BMI, Weizmann Institute of Science, UCLA, Luskin, UC San Diego Locations: New Orleans

☆ A gut health dietitian shares her 4 favorite fiber-filled, minimally processed Costco snacks
▼ + stars: | 2024-05-08 | by ( Kim Schewitz | ) www.businessinsider.com time to read: +5 min

When dietitian Megan Hilbert buys snacks she looks for minimally processed whole foods. AdvertisementA gut health dietitian shared the four healthy snacks she buys on repeat from Costco. Studies have found that a more diverse microbiome is a healthier one, and this is important because research increasingly shows that gut health is linked to overall health. 'That's It' dried fruit barHilbert and her partner are big fans of Costco's "That's It" fruit bars. AdvertisementAs the name suggests, they contain only dried fruit with no added sugar or other ingredients.

Persons: Megan, Hilbert, —, Megan Hilbert, hasn't Organizations: Costco, Service, Northeastern University's Network Science Institute, Cleveland Clinic, Kirkland Locations: UPFs

☆ Top minds at Milken unveil what they're seeing under the surface of the US economy as the national debt burden rises to nauseating levels
▼ + stars: | 2024-05-08 | by ( James Faris | ) www.businessinsider.com time to read: +8 min

For the 27th straight year, some of the brightest minds from across the business world descended on Beverly Hills in early May to attend the Milken Institute Global Conference. But while speculation stole headlines, Milken speakers spent much of their time fixated on the state of the US economy. But despite continued concerns about stagflation, Milken speakers overwhelmingly expressed confidence about economic growth at a May 6 session called "Global Markets at Inflection." "The economy is still extremely strong, consumers are still doing really well, businesses are still doing really well," Scharf said. Though far from perfect, the US is still the best place to investDespite the $34.7 trillion anvil hanging over the economy, Milken speakers widely agreed that the US is still the best place to invest and operate a company.

Persons: Elon Musk, he's, Milken, Wells, Franklin Templeton, Gerard Baker, Andre Esteves, Jenny Johnson, Charlie Scharf, Scharf, we've, it's, you've, hasn't, Sam, Joshua Friedman, Anne Walsh, Friedman, Esteves, they've, Johnson, " Scharf, Wells Fargo Organizations: Milken Institute Global, SpaceX, Business, Milken, The, Consumers, Starbucks, Canyon Partners, Investors, Guggenheim Investments, Milken Institute Global Conference, US Locations: Beverly Hills, Wells Fargo, Brazil, McDonald's, Washington

☆ 'We have real, structural problems': Brace for geopolitical drama and another chaotic election season by hedging with commodities and buying a tiny stock with 500% upside, says a hedge fund manager up
▼ + stars: | 2024-05-07 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Read previewThe performance of hedge fund manager Harris Kupperman's Praetorian Capital Fund is proof that being pessimistic can pay off — even when the economy grows and stocks rise. Since launching at the start of 2019, Kupperman's fund is up an astounding 891.1% net of fees through March 31. AdvertisementBesides budget headaches, the hedge fund manager is wary of escalating political tensions at home and abroad. How to build a crisis-resistant portfolioThe hedge fund manager's blueprint for game plan scoring gains in a shaky backdrop with persistent inflation centers around commodities. A-Mark has consistently generated mid-single-digit earnings per share in recent years, though the hedge fund manager said that could easily rise to $10 as interest in precious metals rises.

Persons: —, Harris Kupperman's, , Kupperman, Washington, He's, there's, Precious Metals, Mark Organizations: Service, Capital Fund, Business Locations: cryptocurrencies, East, Ukraine, China

☆ Has the US cracked the code on avoiding recessions? It would be great news for your job security and stock portfolio.
▼ + stars: | 2024-05-06 | by ( Jacob Zinkula | Madison Hoff | ) www.businessinsider.com time to read: +10 min

But some economists have argued that flawed historical economic data puts this claim in question. The further back you go — the NBER data goes to about 1850 — the more common recessions were. He said the NBER's pre-1914 recession data, in particular, is "very poor," and that only economic data collected after World War II is of good quality. "So the growing share of services also means you're going to have more stable economic growth." AdvertisementTo be sure, while a stable economy has its benefits, it's not the only indicator of a healthy economy.

Persons: —, they'll, haven't, George Selgin, what's, NBER, Selgin, Joseph H, Davis, Satyam Panday, Panday, it's, they've Organizations: Service, National Bureau of Economic Research, Cato Institute, of Labor Statistics didn't, US, Vanguard, US Department of Agriculture, Satyam, Federal Reserve, Fed

☆ Workday Has Become the Most-Hated Workplace, Business Software
▼ + stars: | 2024-05-06 | by ( Matt Alston | ) www.businessinsider.com time to read: +13 min

Every HR professional and hiring manager I spoke with — whose lives are supposedly made easier by Workday — described Workday with a sense of cosmic exasperation. "Workday does not have oversight or control of our customers' job application processes.") If candidates hate Workday, if employees hate Workday, if HR people and managers processing and assessing those candidates and employees through Workday hate Workday — if Workday is the most annoying part of so many workers' workdays — how is Workday everywhere? (Workday's "customers choose the frequency at which they conduct reviews, not Workday," said the spokesperson.) "HR software sucking" is a big tent.

Persons: you'd, Workday's, —, David Duffield, Teladoc, UKG, Cory Doctorow, It's, He'd, Matt Alston's, Stone Organizations: Fortune, Netflix, Goodwill, Spotify, Washington Post, Ohio State University, FedEx, Nintendo, Honda, LinkedIn, IBM, Oracle, Bank of America, Automation, Rippling, Systems, Facebook, Wired Locations: San Francisco, Amazon's, It's, Bonusly, Maine

☆ Generative AI will be designing new drugs all on its own in the near future
▼ + stars: | 2024-05-05 | by ( Trevor Laurence Jockims | ) www.cnbc.com time to read: +12 min

An analogy for understanding the development of AI drugs can be found in the mechanisms of ChatGPT. As a result, it's a drug discovery process that has a 90% failure rate. Some of the noted flaws of generative AI, its propensity to "hallucinate" for example, could prove to be powerful in drug discovery. AI is learning to distinguish drugs from non-drugs, and to create new drugs, in the same way that ChatGPT can create sentences, Ellington said. Now, AI models are helping narrow down the possibilities, so scientists more quickly know the optimal modifications to try.

Persons: ChatGPT, Kimberly Powell, Google's, —, AlphaFold, Powell, Rau, Lilly, Eli Lilly, Diogo Rau, It's, Amgen, Andy Ellington, Ellington, Daniel Diaz, Diaz, We've Organizations: Nvidia, CNBC Technology, Summit, University of Texas, Austin, NVIDIA, biosciences, UT's Institute, Foundations of Machine, Cadence Locations: Nature

☆ 'A lot of money on the sidelines': Calamos Investments thinks ETFs should target CD, money market customers
▼ + stars: | 2024-05-04 | by ( Meredith Mutter | ) www.cnbc.com time to read: +1 min

According to Calamos investments' Matt Kaufman, there are trillions of dollars across CD and money market accounts, and it is a market ETFs should look to capture. "That's larger than almost the ETF space itself," the firm's head of ETFs told CNBC's "ETF Edge" earlier this week. Kaufman, who is in the interest rates will stay higher for longer camp, thinks structured and options ETFs designed for risk management and income can provide stability. "We saw it being difficult to get risk management and income from bonds when rates were so low," he said. Kaufman's firm Calamos just started launching a suite of 12 structured protection ETFs.

Persons: Matt Kaufman, Kaufman, Calamos

☆ The Perils of the Fed’s Vast Bond Holdings
▼ + stars: | 2024-05-03 | by ( Jeff Sommer | More About Jeff Sommer | ) www.nytimes.com time to read: +2 min

But even after two years of quantitative tightening, the amount of bonds and securities that the Fed still retains is stupendous. Quantitative tightening is a perilous operation. Earlier attempts — notably, in 2019 — disrupted financial markets. The slow pace of quantitative tightening is partly responsible for the Fed’s inability to contribute to the national budget. That’s because the Fed has also raised interest rates, which move in the opposite direction of bond prices.

Persons: — Organizations: Fed, Treasury, Silicon Valley Bank Locations: United States

☆ A doctor says looking after your gut will take care of your brain and immune system, too. Here are 3 things he does himself, including 'gut gardening.'
▼ + stars: | 2024-05-02 | by ( Kim Schewitz | ) www.businessinsider.com time to read: +5 min

Read previewGrowing research on the trillions of microbes that make up what's known as our gut microbiome is changing the way we think about our bodies. The brain, immune system, and gut appear to be interconnected — suggesting taking care of our gut health is key to both physical and mental health. For instance, the gut microbiome helps to "train" our immune system to distinguish friend from foe to prevent chronic inflammation, Lyman told Business Insider. Related storiesLyman shared three things he does to cultivate a healthy gut microbiome for his mind and body with BI. Gut gardeningLyman finds it helpful to think of his gut microbiome as a garden that needs tending to.

Persons: —, Monty Lyman, Lyman, we've, Kinga Krzeminska, I've Organizations: Service, University of Oxford, Business, Stanford University

☆ McDonald's and other big brands warn that low-income consumers are starting to crack
▼ + stars: | 2024-04-30 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Some of America's best-known corporations are saying their consumers are being pinched by inflation as prices continue rising. "Consumers continue[d] to be even more discriminating with every dollar that they spend as they faced elevated prices in their day-to-day spending." The consumer price index — a broad basket of goods and services — rose at an annual rate of 3.5% in March compared with the same month a year ago. And that tenacious 3.5% annual growth is souring economic sentiment: Even after a period of runaway inflation, prices don't actually fall. That's a problem for McDonald's and a host of other firms serving customers who are feeling sticker shock.

Persons: Chris Kempczinski Organizations: Federal Reserve, Consumers, Conference Board, Fed

☆ A Wealth Shift That Could Leave Some Younger Americans Behind
▼ + stars: | 2024-04-28 | by ( Martha C. White | ) www.nytimes.com time to read: +1 min

Alainta Alcin has heard about the huge transfer of wealth from baby boomers to their millennial children that is underway — a move that has been called the largest shift of assets in history. But Ms. Alcin, an analyst for hospital systems, says it bears little resemblance to her own family’s experience. But experts say that the narrative of millennials’ paying off debts and wielding greater spending power over the next two to three decades is complex — and leaves out families without enough assets to pass along. As a first-generation American, Ms. Alcin saw her mother struggle to raise herself and five siblings after her father died. The elder Ms. Alcin had menial agricultural jobs — work that, at the age of 67, has become more difficult to do, even as she tries to make higher payments on her home’s adjustable-rate mortgage.

Persons: Alainta Alcin, —, Alcin, ”, millennials Locations: West Palm Beach, Fla

☆ Cicadas Are Emerging Now. How Do They Know When to Come Out?
▼ + stars: | 2024-04-24 | by ( Carl Zimmer | ) www.nytimes.com time to read: +1 min

Trillions of noisy, red-eyed insects called cicadas are emerging from the earth after more than a decade of feeding on tree roots. This spring, Brood XIX, known as the Great Southern Brood, and Brood XIII, or the Northern Illinois Brood, are emerging simultaneously. The Great Southern Brood, which emerges across the South and the Midwest every 13 years, has been seen at sites scattered from North Carolina to Georgia. The Northern Illinois Brood, which appears every 17 years in the Midwest, is expected to appear in the next month, as temperatures there warm. “There’s surprisingly little information about cicadas that you’d like to know,” said Raymond Goldstein, a physicist at the University of Cambridge.

Persons: “ There’s, ”, Raymond Goldstein Organizations: Southern, Northern Illinois, Midwest, The Northern Illinois Brood, University of Cambridge Locations: United States, North Carolina, Georgia, The, Midwest

☆ Cicadas 2024: What to expect from the 2024 periodical cicada emergence and how to prepare
▼ + stars: | 2024-04-24 | by ( Katie Hunt | ) edition.cnn.com time to read: +5 min

The insects will infiltrate a much bigger geographical area than similar occurrences in most years because they’re part of the dual emergence of two particular periodical cicada broods. Although the full-scale emergence isn’t underway yet, experts have some guidance on how to prepare for cicada season. A periodical cicada that has just shed its outer skeleton crawls among holes dug by emerging cicada nymphs on May 20, 2021, in Takoma Park, Maryland. A young tree in Takoma Park, Maryland, is draped in netting in May 2021 to protect its small branches from being damaged by periodical cicadas laying their eggs in them. It’s not clear why periodical cicadas evolved to emerge every 13 or 17 years.

Persons: Louis —, Chip Somodevilla, “, ”, Paula Shrewsbury, ” Shrewsbury, John Lill, sapling, Lill, Jason Whitman, Shrewsbury, They’re Organizations: CNN, Naturalists, Southern, University of Maryland, North, George Washington University, US Food and Drug Administration Locations: Chicago, Nashville, St, Northern Illinois, Takoma Park , Maryland, North America, United States

☆ Here's why economists are so worried about soaring US debt levels
▼ + stars: | 2024-04-20 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +5 min

Those include higher inflation, greater market volatility, and a lower quality of life for Americans. AdvertisementThe US is sitting on the biggest pile of public debt in its history, and economists are getting nervous about it. AdvertisementIt's critical for the US to sell its debt to investors, which range from institutions, individuals, and other countries. It won't be on housing, it'll be on interest," Zagorsky said. There's little the government can do to stop those problems from brewing, other than to stop taking on so much new debt, Zagorsky and Rubin say.

Persons: —, Les Rubin, Rubin, Jay Zagorsky, Zagorsky, it'll, There's Organizations: Service, Bank of America, US Treasury, Boston University, Inflation, Social Security

☆ Zuck just revealed the secret ingredient in his bromance with Jensen Huang
▼ + stars: | 2024-04-19 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Mark Zuckerberg talked about his budding friendship with Jensen Huang in a new podcast. Related stories"He and I, at this point, are the longest-standing tech founders of Big Tech companies," Zuck said. Zuck wrote in a comment: "He's like Taylor Swift, but for tech." Jensen Huang is the clear leader of the tech industry in this regard." Representatives for Zuckerberg at Meta and Huang and Nvidia did not immediately respond to requests for comment from Business Insider, made outside normal working hours.

Persons: Mark Zuckerberg, Jensen Huang, cheesesteaks, Huang, Time100, —, Jensen, Roberto Nickson, Zuck, Elon Musk, Zuckerberg, they'd, Taylor Swift, Zuck's, we've, I'm Organizations: Nvidia, Meta, Service, Big Tech, Bloomberg, Elon, Facebook, Business

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