Tim Cook Took Apple to $5 Trillion. John Ternus Must Win on AI.
Summary
The SEC investigates investment firms for allegedly promising non-existent pre-IPO shares in companies like SpaceX and Anthropic. Tim Cook steps down as Apple CEO, handing leadership to John Ternus amid supply chain and AI challenges. The Trump administration intensifies its crackdown on immigrant truck drivers, while Shein debuts on the Hong Kong stock exchange. Novartis pauses CAR-T trials after patient deaths, and doctors warn against using AI to interpret medical test results.
Topics discussed
Intro and sponsor: ReliaQuest cyber defense
SEC probes SPVs promising pre-IPO shares
Tim Cook steps down; John Ternus becomes Apple CEO
Shein IPO debut and EU duty challenges
Novartis pauses CAR-T trials after patient deaths
Sponsor: KPMG private company services
Army Secretary Dan Driscoll resigns
Trump admin cracks down on immigrant truck drivers
Trump pushes tax credits for Hollywood production
Patients using AI to interpret medical test results
Outro and sponsor: Viking cruises
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