
Andreessen Horowitz partner Katherine Boyle on bringing innovation to government
Katherine Boyle of Andreessen Horowitz sat down with Morgan Brennan at the Reagan National Economic Forum to discuss the impacts of DOGE and the importance of modernizing the U.S. military.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
11 hours ago
- Yahoo
Stifel Reaffirms Buy Rating on Accenture After Q3 Earnings Beat and Solid Growth
Accenture plc (NYSE:ACN) ranks among the best fundamental stocks to buy according to hedge funds. On June 23, Stifel reaffirmed its $355 price target and Buy rating for Accenture plc (NYSE:ACN) in response to the company's fiscal third-quarter results. Accenture's fiscal third-quarter results exceeded expectations, with earnings per share growing 13% against the consensus forecast of 6%, and year-over-year organic growth coming in at 4% against the 2% projection. With consulting up 6% and outsourcing seeing high single-digit growth, both the consulting and outsourcing industries exhibited consistency. Pixabay/Public Domain While management's hesitancy to explain the impact of DOGE (Department of Government Efficiency) into fiscal year 2026 possibly contributed to the stock's performance decline on June 20, Stifel pointed out that some data points, like bookings and headcount, could be interpreted negatively without further examination. Given the continued macroeconomic uncertainty, the company's fiscal fourth-quarter revenue guidance of 0-4% organic growth remained mostly unchanged. Accenture plc (NYSE:ACN), based in Dublin, Ireland, is a multinational professional services firm specializing in IT consulting, digital transformation, and management solutions. While we acknowledge the potential of ACN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. Read More: and Disclosure: None. Sign in to access your portfolio


Time Magazine
14 hours ago
- Time Magazine
Musk Reignites Feud, Labels Trump Bill 'Insane, Destructive'
Elon Musk has renewed his criticism of President Donald Trump's 'Big, Beautiful, Bill,' showcasing his fierce opposition to the measure at a critical time. As Senate Republicans scrambled to advance the newly-revised 940-page proposal, Musk took to social media on Saturday to highlight his disapproval. 'The latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country,' Musk said to his more than 220 million followers on X. 'Utterly insane and destructive. It gives handouts to industries of the past, while severely damaging industries of the future.' Musk, the former lead of the Department of Government Efficiency (DOGE), who had a spectacular falling out with Trump not long after leaving the White House, doubled down on his stance in a series of follow-up messages. The Tesla CEO referred to the bill as 'political suicide' for the Republican party, citing poll data that showed an approval of his stance against the measure. Musk went on to say that the bill 'raises the debt ceiling by $5 trillion, the biggest increase in history, putting America in the fast lane to debt slavery.' Musk's long-established opposition to the Big, Beautiful Bill proved to be a sticking point during his DOGE leadership, and notably became a point of contention between himself and Trump, his one-time ally whose presidential campaign he helped fund. Read More: The Musk-Trump Implosion Can Be Seen From Space In early June, Musk said the 'massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination.' He took things a step further by telling his millions of followers to 'call your Senator, call your Congressman… kill the bill!' In the midst of Musk's public criticism, Trump's domestic policy bill, which centers tax and spending cuts, cleared a significant hurdle on Saturday night. The Senate delivered a 51-49 vote to take up the bill, after holding the floor open for hours to debate with holdouts and secure the numbers necessary to move forward. Vice President J.D. Vance arrived at the Capitol ready to break a potential tie, and he reportedly held deep talks with people unsure of pledging their support to the bill. Republicans Sen. Thom Tillis of North Carolina and Sen. Rand Paul of Kentucky notably voted to block consideration of the measure. Sen. Tillis said he could not support the bill due to his concerns over Medicaid cuts and what that would mean for people in his state. 'The Senate version… contains significant changes to Medicaid that would be devastating to North Carolina, and I cannot support it,' Tillis said. 'The Senate should go back to the House's common-sense approach to Medicaid reform to enact work requirements while protecting care for those who truly need it.' Trump took to his own social media platform, Truth Social, to air his grievances with Tillis' oppositional stance. 'Numerous people have come forward wanting to run in the primary against Senator Thom Tillis,' he said. 'I will be meeting with them over the coming weeks, looking for someone who will properly represent the Great People of North Carolina and, so importantly, the United States of America.' Sen. Paul, meanwhile, took a stance against the bill's provision to raise the nation's debt limit by $5 trillion. On Saturday evening, he shared Musk's X post showcasing poll numbers being against the bill, and commented: 'Not that we should govern by poll, but it is very clear people don't want this extreme amount of debt and reckless spending.'Explaining his issue with the numbers, Sen. Paul said: 'How about this: Tweak the 'Big, not so beautiful, bill' so it doesn't add so much to the debt? The legislation, as currently written, would pay someone like Elon Musk $1000 per child, and we know how prolific he is . . . No offense, Elon, but is that a wise use of our $$?' Responding to Sen. Paul's vote, Trump said: 'Did Rand Paul vote 'NO' again tonight? What's wrong with this guy?'On the other end of the opposition, some hard-right Republicans held off on their votes until the last minute, angling for further spending cuts into the bill in exchange for their support. Sen. Ron Johnson of Wisconsin, who had earlier in the day urged fellow Republicans not to rush through the bill before knowing exactly what it contained, dramatically changed his vote to a yes in the closing moments. Speaking out after his last-minute change of heart, Sen. Johnson said: 'Biden and the Democrats left behind enormous messes that we are trying to clean up—an open border, wars, and massive deficits. After working for weeks with POTUS and his highly capable economic team, I am convinced that he views this as a necessary first step and will support my efforts to help put America on a path to fiscal sustainability.' Read More: Trump Lobbies for Passage of 'Big Beautiful Bill' Hours After Big Setback in Senate The newly-revised bill—released just after midnight on Saturday—may have advanced, in spite of the vocal opposition it faced from some, but there is still a lot of work to be done. The measure will now be debated in the Senate, and if it passes the Senate, it will go back to the House. The timeline is incredibly tight, as Trump has expressed his desire to sign the bill on July 4th. In the early hours of Sunday morning, Trump celebrated the progress the bill has made thus far, saying he was 'very proud' of the Republican party. 'Tonight we saw a great victory in the Senate,' Trump said, before going on to name the key people involved in advancing the measure. 'I look forward to working with them to grow our economy, reduce wasteful spending, secure our border, fight for our military/veterans, ensure that our Medicaid system helps those who truly need it, protect our Second Amendment, and so much more.'


USA Today
a day ago
- USA Today
'Political suicide': Elon Musk slams Trump's megabill before critical Senate vote
Former Trump DOGE chief Elon Musk weighed in against the Senate megabill - this time just before a critical vote where the outcome is uncertain. WASHINGTON - Billionaire Elon Musk, President Donald Trump's former adviser on cutting government spending, fired off another set of attacks against the president's legislative package for potentially killing millions of jobs. Musk, the former head of the advisory Department of Government Efficiency, had quieted his harsh criticism of Trump and the legislation the week after his departure from government May 30. But he blasted the bill again on June 28 less than an hour before the Senate was prepared to hold a critical vote to begin debate. More: Live updates: It's go time for Senate on Trump's megabill. Do they have the votes? 'The latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country!' Musk said on social media. 'Utterly insane and destructive. It gives handouts to industries of the past while severely damaging industries of the future.' Musk added in a later post that 'Polls show that this bill is political suicide for the Republican Party.' Musk is the owner of the social-media platform X, where he posted his messages to 220 million followers. He is also the CEO of Tesla, which manufactures electric vehicles, and SpaceX, which makes rockets to ferry people and supplies to the International Space Station. Musk trashed the legislation as a "disgusting abomination" for not cutting government spending enough. He also alleged Trump appeared in confidential Justice Department files about the late sex trafficker Jeffrey Epstein, which the White House has denied. But Musk later apologized. "I regret some of my posts about President @realDonaldTrump last week. They went too far," Musk said in a 3:04 a.m., June 11 post on X, without specifying which posts he was sorry about. Trump has blamed Musk's criticism on the president ending government subsidies for electric vehicles and rejecting the corporate executive's choice to head NASA. "Elon was 'wearing thin,' I asked him to leave, I took away his EV Mandate that forced everyone to buy Electric Cars that nobody else wanted (that he knew for months I was going to do!), and he just went CRAZY!" Trump said in a Truth Social post.