Trump Extends Ceasefire + DOJ Indicts SPLC | PBD Podcast #782

**Patrick Bet-David** (0:30)
I love it.

**Patrick Bet-David** (0:30)
We're gonna talk about that, folks. We're gonna talk about global economy and the markets today. We have an expert in the house, David Rosenberg, who has an article he writes every morning, Breakfast With Dave. We got a lot of things to talk about, many things going on. I mean, I got these 11 stories I'm going through. It's like sometimes you want Mondays to be stacked with a lot of stories, but today's a Wednesday. What a lot of stories that broke last time. Let me go through a couple of them for you. Number one, just at 4.25 this morning, less than five hours ago, three ships were hit. Two of them were seized by Iran. One of them is Panamanian ship. The other one is a Greek ship. And they've been seized by Iran. And apparently the third one, they're trying to figure out where it's from. They don't know yet. Maybe we'll break it when the story breaks and we'll share it with you as well. We got to talk about that. Tariffs, the president said a few things about tariffs saying he will remember the companies that don't seek tariff refunds. And a lot of people are saying, wait a minute, what does that mean? People have some questions. We'll talk about it. Trump encourages companies not to seek tariff refunds. UPS and FedEx have began filing for tariffs refunds. A lot to talk about there. Tim Cook moving on.
And you know, I want to say Steve Jobs passed away in 6 Can you verify? No. Was it 011? 11, yeah. And so he's been on there. And when he passed away, Apple was worth 100 billion. Now it's worth a few trillion. And now they have a new CEO. So there's a lot of ruckus. Some people are excited. Some people are not.
Personally, I like Tim Cook. I know a lot of people have some criticism of him, but we'll talk about Tim Cook as the new CEO, Tim Cook leaving and the new CEO coming in. And the new CEO, you can't find a lot on him. You know, he sounds like a pretty solid guy, but we'll see. Well, we'll talk about him as well. Virginia, lots going on with Virginia. It's a story that broke.
Virginia voters approved Democrats redistricting plan, giving the party a midterm election boost.
So we'll see what happens there. Next story is Trump confronts Xi. Apparently, there's a mysterious gift that was sent to Iran in a cargo ships. And markets trying to find out what's in that gift. Was it a hundred dollar gift card to Amazon? You know, was it like maybe, you know, some Chinese? I don't know what it is. Everybody's trying to find out. They're speculating. We won't speculate. We will talk about it. Maybe we'll do a little bit of speculating. Kevin Warsh was out there at his, what do you call it? When he was at the confirming hearing, right? Am I saying it correctly? And there was some couple fiery moments and he said something where, you know, he said, look, I'm gonna do what I'm gonna do. I'm not taking his job because of, I think Elizabeth Warren was pushing him, if I'm not mistaken. And an anthropic CEO went to the White House. Why did he go to the White House? He could have gone to Toronto, he could have gone to different places, chose to go to the White House. What's the outcome? What's the conversation about? Cash Patel yesterday, and what's his name? Todd Blanch were talking about this thing called SPLC, Southern Poverty Law Center, and what the FBI found out. And then, you know, Cash was pushed on a couple of things, having to do with the story that came out, drinking and all this stuff, and Cash pushed back. It was pretty intense. Newsworthy, it's good for TV, and so we'll talk about that jet fuel. Few stories about the jet fuel that's actually a real thing that's going on. Lufthansa, which I used to fly on a lot when I lived in Germany, Lufthansa planning to cancel 20,000 short haul flights to save jet fuel. 20,000 short haul flights to save on jet fuel, and that's not just the only story. United Airlines slash in 2026 forecast as fuel cost surge, and that story leads to the next one. What a looming jet fuel shortage could mean for summer travel. Will people travel less? Will they travel more? Who knows? Andy Jassy, there's a clip that came out telling Gen Z that if you want to be successful, you have to pay your dues first. How dare he say something like that? Isn't that offensive? Don't you find that a little bit offensive, David? Shouldn't they get it? Shouldn't they be entitled to just a $200,000 salary day one when they graduate? How dare a CEO of a multi-trillion dollar company who is super wealthy telling others you have to pay your dues first? Give me a flip and break. That's disrespectful. And then at the same time, story comes out saying that Gen Z would prefer GLP-1 as benefits instead of PTO. If you offer GLP-1 as benefits instead of PTO, we would like that. That would make us more attractive if we want to work for a company. And so, what does Amazon announce on the same exact day? That they officially are selling GLP-1 weight loss programs. Promising fast, convenient access. This is a CNBC story. We'll get into that as well. And then I got one other one if we get to it. Who knows if we got the time at the end. At this point, if we have to cover all these stories, we're going to be here for about six hours. So brace for impact.