VF Hive hosts Kristen Scholer and Jon Kelly discuss the week's biggest news stories. From student protests to Jared Kushner's security clearance, it's been a non-stop week in Washington.
Vanity Fair's Nick Bilton discusses what the student protest in Tallahassee, Florida could do to change gun-reform. Emma Gonzalez seems to be leading the pack with the #NeverAgain movement. Bilton says a lot of the Gen Z generation has grown up with social media and are comfortable in front of cameras. He notes this may be why it's the first time we're actually seeing a response of this magnitude to a shooting.
Plus, Jared Kushner is still fighting for his security clearance. Vanity Fair's Emily Jane Fox says that before the Kushner's even got to the White House they made enemies. However, the biggest enemy of all may be John Kelly. Fox says no one wants the President's daughter and son-in-law running the White House, especially Kelly.
Oracle soars as it cashes in on the AI boom, Plus: Starbucks shares continue to fall under its new CEO, and does anybody actually want a new iPhone Air?
Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.
Aurimas Sabulis, CEO of Dextall, unveils how AI‑driven prefabricated façades slash design time by 80%, labor by 87%, and accelerate affordable housing delivery.
Online broker Robinhood Markets will join the S&P 500 index Online broker Robinhood Markets will join the S&P 500 index as its stock rides higher on a cryptocurrency wave.
