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Social media should get warning labels for teens, per Surgeon General

Teens spend almost 5 hours a day on social media

Tom Jones, David Crowther

Doctor’s orders

Just over a year ago, US Surgeon General Dr. Vivek Murthy recommended that legislators, parents, and tech companies take steps to make social media safer for children in light of the youth mental health crisis. Now, he’s ringing the alarm bell even louder with a new piece in the New York Times today where he suggests implementing a surgeon general’s warning label on social media platforms.

The label, akin to those that adorn the packaging of cigarettes and other tobacco products in the US, could show up on apps like Twitter, Instagram, and TikTok, warning parents and adolescent users of the potential damage that such platforms can wreak on young peoples’ mental health. And, in case you needed any reminding, young people are spending a lot of time on those apps — the most recent poll from Gallup found that US teens are, on average, spending almost 5 hours a day on social media, with teen girls racking up some 5.3 hours of scrolling, swiping, and tapping per day.

Teens social media usage

Dr. Murthy was keen to note that this proposition alone wouldn’t be enough to make socials a safer place for young Americans, pointing to his recommendations from last May, such as developing age-appropriate health and safety standards; increasing funding on research into the dangers of social media; and tracking the amount of time young people are spending online, as potential companions for the proposed label.

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Jon Keegan

Judge blocks Pentagon’s move to blacklist Anthropic

A federal judge in Northern California has granted a preliminary injunction blocking the Pentagon from labeling Anthropic as a national security supply chain risk.

The ruling temporarily prevents the Defense Department from restricting the AI company’s access to federal contracts amid a dispute over its refusal to allow certain military and surveillance uses of its technology. The designation could also have shifted lucrative government work toward competitors, including OpenAI.

Earlier this month, Anthropic, the company behind Claude, sued 17 federal agencies and their heads, alleging the government exceeded its statutory authority.

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Rani Molla

Report: SpaceX’s record IPO may grant preferential access to retail investors and Tesla shareholders

SpaceX’s impending IPO could raise $40 billion to $80 billion and rank as the largest ever — as well as one of the most unconventional.

The Wall Street Journal reports several ways CEO Elon Musk is considering breaking with IPO norms:

  • Investors in his other companies, including Tesla, could receive preferential access to shares.

  • Individual investors may get a third or more of the allocation, far above the typical ~10% mark.

  • Instead of a traditional road show, Musk wants investors to visit SpaceX facilities in person.

  • Investors in his other companies, including Tesla, could receive preferential access to shares.

  • Individual investors may get a third or more of the allocation, far above the typical ~10% mark.

  • Instead of a traditional road show, Musk wants investors to visit SpaceX facilities in person.

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Rani Molla

Tesla released estimates for Q1 deliveries and they’re lower than analysts expected

Ahead of first-quarter earnings next month, Tesla released its own company-compiled Wall Street consensus estimate for deliveries: 365,645 vehicles. While that’s lower than the 382,000 FactSet consensus estimate, it represents a nearly 9% jump from Q1 2025, when Tesla sold 336,681 vehicles.

Tesla started releasing its own consensus estimates to the public — not just institutional investors — for the first time in Q4 2025. The move was seen as a way to temper investor expectations, as other estimates were too high. Last quarter, Tesla’s compilation was closer to actual numbers, which fell 16% year over year.

The market-implied odds from event contracts suggest 64% of traders think Tesla’s Q1 deliveries will be more than 350,000, 44% think it will be higher than 360,000, and just 21% have it at higher than 370,000.

(Event contracts are offered through Robinhood Derivatives, LLC — probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC.)

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Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, Robinhood Derivatives, LLC, or Robinhood Money, LLC. Futures and event contracts are offered through Robinhood Derivatives, LLC.