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Harvard vs. Trump
Trump and Harvard are brawling. Plus, tariffs are back...bigly.
Trump continues tossing tariffs and picking fights with Harvard, while Google just dropped a ton of AI news at I/O 2025.
Meanwhile, Kermit the Frog is busy giving a university commencement speech.
Markets
PAST WEEK | YEAR-SO-FAR | |
|---|---|---|
Nasdaq | -1.2% | -2.8% |
S&P500 | -1.7% | -1.1% |
MSCI Emerging Markets | +0.5% | +10.7% |
Bitcoin* | +1.5% | +13.6% |
Ethereum* | -2.3% | -25.0% |
Stock of the week: | +29.2% | +18.5% |
Crypto of the week: | +41.1% | +44.2% |
*Source: CoinGecko.com As of 1:45PM May 25, 2025
World news
Top news stories of the past week
1) More tariffs: President Trump proposed a 50% tariff on European Union imports starting June 1, citing a lack of progress in current trade negotiations. The president also called on Apple and other smartphone manufacturers to shift production to the U.S., warning they could face 25% tariffs if they don’t comply. Looks like the only thing getting upgraded faster than your iPhone is the price tag.
2) Google dominates AI: Google made literally 100 announcements at I/O 2025 last week, turning the event into a full-on AI blitz. Headlining the event was "AI Mode," described as a "total overhaul" of Google Search. One thing’s clear: Google’s not just playing in AI - it’s aiming to own the field.
3) Trump vs Harvard: The Trump administration revoked Harvard University’s approval to enroll international students by ending its certification under the Student and Exchange Visitor Program (SEVP). Hours after Harvard filed a lawsuit, a federal judge stepped in to temporarily block the move. In a quick response, Germany has publicly invited Harvard to establish an “exile campus” within its borders. Because nothing says higher education like a change of address - and maybe a better beer selection.
Top WEIRD stories of the past week
1) A Texas man is suing Whataburger for $1 million after his burger came with onions - and apparently, emotional damage.
2) Kermit the Frog will be delivering a commencement speech at the University of Maryland. I guess it is easy being green!
3) A Norwegian man woke up to find a massive 134 meter long container ship parked in his front yard. Does Finders Keepers apply?
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Chart
You like charts? Graphs? Ya you do
Number of data centers by country, as of March 2024.
There are around 11,800 data centers worldwide, with the U.S. leading the pack - and the number keeps climbing to support the explosive growth of AI, cloud computing, and IoT devices.
Source: Statista
History
On this day…
…in 1927, Henry Ford and the Ford Motor Company produced the last (and 15th million) Model T Ford / Tin Lizzie.
Imagine if musicians in the 20s sang about their cars like rappers do now.
“I WOKE UP IN A NEW MODEL T”
Music
Banger of the week
Most important thing
Meme? Nah. Art.
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