Hector Andres Pacheco discusses the tax overhaul that caused some corporations to pay steep one-time charges. We discuss the overall benefit tax reform will have on the long-term and how businesses are using it to grow.
Pacheco also discusses Apple's positive earnings report and its upcoming initiatives, including construction of another campus somewhere in the U.S. We talk about Alphabet's underwhelming earnings report and its continued investment in machine learning.
The Biden administration announced the first of many coming federal investments in computer chip production, saying Monday that it would provide $35 million for BAE Systems to increase production at a New Hampshire factory making chips for military aircraft, including F-15 and F-35 jets.
