Florida bans social media for under-14s
Wall Street Breakfast
Seeking Alpha
4.1 • 1K Ratings
🗓️ 26 March 2024
⏱️ 6 minutes
🧾️ Download transcript
Summary
Show Notes
Trump Media soars with Nasdaq debut
Viking Therapeutics gains on early data for oral weight loss therapy
Durable goods orders rebound in February after two months of declines
Episode transcripts seekingalpha.com/wsb
Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to Seeking Alpha's Wall Street Lunch, our afternoon update on today's market action news and analysis. |
| 0:10.0 | Good afternoon. Today is Tuesday, March 26th, and I'm your host Kim Khan. Our top story so far. |
| 0:16.0 | Florida Governor Ron DeSantis assigned a bill banning children under 14 from joining social media platforms and requiring those age 14 to 15 to get |
| 0:25.1 | parental consent before creating an account. The bill called HB 3 also |
| 0:30.0 | direct social media platforms to delete accounts of children under 14 and of those |
| 0:34.7 | under 16 who don't have parental consent. |
| 0:37.4 | HB 3, which will become law on January 1st, 2025, also requires websites to use age verification to prevent minors |
| 0:45.3 | from accessing sites inappropriate for children. Social media companies |
| 0:49.4 | that fail to delete accounts of children or 16 can be sued on behalf of those minors and |
| 0:54.2 | may owe up to $10,000 in damages. Those in violation of the law can be liable for up to |
| 0:59.2 | 50,000 per violation as well as attorney fees and court costs. Social media companies like |
| 1:04.6 | Meta, Alphabet, Snap, and Pinterest, or Unphased at the moment, all stocks are in the |
| 1:09.1 | green. And Merisk turned lower in Copenhagen after saying it had chartered a container vessel that collided with the Francis Scott Key Bridge in Baltimore, bringing down the entire structure. |
| 1:20.0 | The Dolly vessel was headed from Baltimore to Colombo Sri Lanka. |
| 1:24.0 | It is owned by Singapore's Grace Ocean and managed by Syngen Marine Group, according to Reuters. |
| 1:29.5 | The ship was carrying cargo for mere customers, but no mere crew or personnel were on board at the time of the accident. |
| 1:36.0 | The bridge, a major steel crossway that carries Interstate 685, collapsed into the Potapsko River after it was hit by the container ship |
| 1:44.1 | sending cars and people into the water. In today's trading, stocks are moving |
| 1:49.4 | modestly higher and choppy trading with growth leading. The Nas NASDAQ is up around half a percent. |
| 1:55.0 | Nine of the 11 S&P sectors are higher, led by consumer discretionary and financials. |
| 2:00.0 | Utilities and energy are in the red. |
| 2:02.0 | On the economic front orders for long lasting |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Seeking Alpha, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Seeking Alpha and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.