Ecolab water for climate.

Less water, more growth.

Results will vary.

Learn more at ecolab.com slash EWC.

EcoLab Water for Climate.

Transforming the way the world thinks about water.

The forces shaping markets and the economy are often hiding behind a blur of numbers.

So that's why we created the big take from Bloomberg Podcasts, to give you the context

you need to make sense of it all.

Every day in just 15 minutes, we dive into one global business story that matters.

You'll hear from Bloomberg journalists like Matt Levine.

A lot of this meme stock stuff is, I think, embarrassing to the SEC.

Follow the Big Take podcast on the IHeart Radio app, Apple Podcasts, or wherever you listen.

From the heart of where innovation, money, and power collide in Silicon Valley and beyond.

This is Bloomberg Technology with Caroline Hyde and Ed Ludlow.

Live from New York, this is Bloomberg Technology.

Coming up, Intel secures an $8 billion grant for its US chip factory expansion of the months of trying to convince Washington and Wall Street that it can execute on its vision.

Plus, California, it proposes state incentives for EV buyers which could exclude Tesla's models.

And social media companies push back against new legislation in Australia that's going through the courts that could limit teen usage.

But first, let's check in on these markets.

Because we're currently hired to the tune of four tenths of a percent.

We're managing to shrug off some of that anxiety, once again, being built in around geopolitics and remit tariffs,

...