Meta Settles Landmark Teen Social Media Case | Balance of Power 08/26/2026

Summary

The show leads with Nvidia's blockbuster earnings and rare fiscal 2028 revenue guidance, with anchors and Moody's chief economist debating AI-driven growth, margins, competition, and valuation risks. It covers macro implications from inflation and the Fed's Jackson Hole symposium, geopolitical risk in the Strait of Hormuz, and US-Canada tariff tensions. Utah Governor Spencer Cox discusses Meta's landmark teen social media settlement and the political backlash over data centers. The episode closes with a political panel on the South Carolina GOP Senate primary and data-center politics.

• Nvidia reported record results and rare annual guidance for 70% revenue growth in fiscal 2028, well above consensus.
• Romaine Bostick flags high expectations and margin protection as the key for Nvidia stock.
• Mark Zandi estimates AI accounts for at least a quarter of US GDP growth but productivity gains have not appeared.
• The Fed's Jackson Hole symposium and July PCE inflation data are previewed, with AI adding modest inflation pressure.
• US-Canada trade tensions escalate as the White House weighs further tariffs.
• Becca Wasser says the Strait of Hormuz remains mined and not fully open despite lower oil prices.
• Utah Governor Spencer Cox says Meta's monetary settlement should have been higher but the equitable relief is meaningful, and may become a positive for Meta.
• The political panel discusses Trump's South Carolina endorsement and data-center backlash as a campaign issue.