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Wall Street Breakfast

Trump taps tech elite for science council

Wall Street Breakfast

Seeking Alpha

Business News, News, Business, Investing

4.11K Ratings

🗓️ 25 March 2026

⏱️ 4 minutes

🧾️ Download transcript

Summary

The president could name up to 24 advisors on new tech panel. (0:15) Memory chip stocks fall after Google unveils more efficient AI algorithms. (1:22) BlackRock CEO Larry Fink tells private credit investors to ‘live with it.’ (1:59)    

Show Notes
Meta ties exec rewards to $9T valuation   

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

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0:00.0

Welcome to Seeking Alpha's Wall Street Lunch, our afternoon update on today's market action, news, and analysis.

0:09.7

Good afternoon. Today is Wednesday, March 25th, and I'm your host, Kim Kong. Our top story so far.

0:15.9

President Donald Trump has named some of the biggest figures in tech to a new President's

0:19.9

Council of Advisors on Science and Technology. The appointees include meta-platform CEO Mark Trump has named some of the biggest figures in tech to a new president's council of advisors

0:20.8

on science and technology.

0:22.5

The appointees include meta-platform CEO Mark Zuckerberg, Oracle Executive Chairman Larry Ellison,

0:28.2

and NVIDIA CEO Jensen Wong.

0:30.5

Advanced Micro Devices CEO Lisa Sue and Google co-founder Sergey Brin will also serve.

0:36.5

Who keeps Atlantis off the maps?

0:38.7

Who keeps the Martians under wraps?

0:40.8

We do.

0:42.4

The White House said the panel will focus on the opportunities and challenges posed by

0:47.0

emerging technologies, with an emphasis on ensuring the American workforce benefits in

0:51.9

what it calls a golden age of innovation.

0:55.2

The chance to begin again in a golden land of opportunity and adventure.

1:01.3

The council will be co-chaired by David Sacks, the White House AI and Cryptozar,

1:05.5

and technology advisor Michael Kratzius.

1:07.9

Thirteen members have been appointed so far with the total expected to reach 24.

1:11.6

Invidio welcomed the move, saying it looks forward to helping advance American leadership in AI

1:16.6

and highlighting the importance of collaboration between researchers, developers, and industry.

1:21.6

Among active stocks, memory-related names are under pressure,

1:25.6

after Google unveiled new algorithms aimed at reducing the memory required

...

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