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House Votes to End DHS Shutdown as Threats of Airport Chaos Loom

he longest partial shutdown in US history is nearing an end as the House on Thursday passed funding for most of the Homeland Security Department, just days ahead of missed paychecks for Transportation Security Administration workers that threatened to throw airports into chaos for a second time this year. The Senate unanimously passed the funding package weeks ago, and the White House has said President Donald Trump will sign it. Republican Steve Daines joined to discuss as well as the looming FISA deadline. Sen. Daines said the Senate easily pass a 45-day extension of a government surveillance authority to give more time to come up with an agreement to extend the law for a longer term.

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Bloomberg

Meta Needs to Stop Spending As If It's A Cloud Giant: Lee

Dave Lee from Bloomberg Opinion critiques Meta's positioning as a cloud business, highlighting that unlike true hyperscalers such as Amazon and Google, Meta does not demonstrate healthy growth in cloud sales driven by AI. Despite Meta's substantial capital expenditure of up to $145 billion, its AI strategy appears unconvincing, as reflected in the cautious tone of its leadership during the earnings call. Lee emphasizes that Meta's cloud investments do not translate into the same growth metrics seen in established cloud providers, suggesting the company should reconsider its spending approach in this area. Original filename: 20260430_164535_Bloomberg_Opinion_Meta_s_Cloud_Spending_Lacks_Conviction_Am.mp4

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Bloomberg

'No Signs Whatsoever' of High-End Consumer Pullback: Hyatt CEO

Mark Hoplamazian, president & CEO at Hyatt Hotels Corporation, joins Scarlet Fu on "Bloomberg Markets." Hyatt shares climb after the hotel operator reported adjusted earnings-per-share for the first quarter that topped analysts' expectations. Analysts were encouraged by the update, which showed that the company's luxury chains continue to outperform.

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