Steve Jobs’ intern went on to sell his company to Google for $625 million—he now advises grads to pay to work for impressive people

The recent announcement of a $100,000 H-1B visa fee by Trump has negatively impacted Indian IT stocks, which fell over 3% on Monday. This news is significant as it highlights the challenges faced by the Indian tech industry and raises concerns about the future of skilled labor mobility between countries. Major U.S. tech companies like Google and Microsoft also experienced slight declines, indicating a broader market reaction to these changes.

The recent proposal by Trump to increase H-1B visa fees to $100,000 could significantly impact major tech companies like Amazon, Apple, and Google. Previously, these fees were as low as $215, making it easier for companies to hire specialized foreign workers. This change raises concerns about the future of talent acquisition in the tech industry and could lead to a talent shortage, affecting innovation and growth.

Dan Niles, a prominent investment manager, believes that Google is poised to be the long-term leader in consumer AI. He emphasizes that while many investors focus on the 'Mag 7' tech stocks, Google's unique data advantage positions it favorably in the evolving AI landscape. This insight is crucial for investors looking to navigate the future of technology and capitalize on emerging trends.

Nvidia has announced a significant investment of $100 billion in OpenAI, aiming to provide the high-performance chips essential for the company's data centers. This partnership is crucial as it not only strengthens Nvidia's position in the AI market but also enhances OpenAI's capabilities, potentially leading to groundbreaking advancements in artificial intelligence. Such a collaboration could accelerate innovation and drive the development of new technologies that benefit various sectors.

Raymond James has initiated coverage of Cardinal Energy, assigning it a Market Perform rating. This move is significant as it reflects the firm's assessment of the company's potential in the energy sector. Investors may want to pay attention to this rating as it could influence market perceptions and trading strategies related to Cardinal Energy.

Toast's stock has taken a hit following a report from Evercore ISI highlighting pricing pressures in the lower-end market. This decline is significant as it reflects broader challenges the company may face in maintaining its market position amidst competitive pricing strategies. Investors are likely concerned about how these pressures could impact Toast's profitability and growth prospects.

AVAX One, a new cryptocurrency treasury company backed by Anthony Scaramucci, has announced an ambitious fundraising plan of $550 million. This initiative aims to tokenize traditional financial assets on the Avalanche blockchain, which could revolutionize how these assets are managed and traded. The move is significant as it highlights the growing interest in blockchain technology and its potential to disrupt conventional finance, making it a noteworthy development in the crypto space.

Oracle has announced a significant leadership change as Safra Catz steps down from her role as CEO. This decision comes at a time when the company is experiencing substantial growth, largely driven by the booming artificial intelligence sector. The split in the CEO role signals Oracle's commitment to adapting to the evolving tech landscape and positions the company for continued success in a competitive market.

Jimmy Kimmel's late-night show is set to return to the air on Tuesday after being suspended indefinitely due to controversy surrounding his comments about the Charlie Kirk shooting. This return is significant as it highlights the ongoing discussions about the responsibilities of public figures in addressing sensitive topics, and how media personalities navigate the fine line between humor and serious issues.