Nvidia’s Superpower, Reddit’s Democratized IPO, & the Capital One-Discover Deal | Prof G Markets
ฝัง
- เผยแพร่เมื่อ 12 มิ.ย. 2024
- This week on Prof G Markets, Scott discusses what’s unique about Reddit’s upcoming IPO and shares his thoughts on its $60 million AI content licensing deal with Google. We also break down Capital One’s acquisition of Discover, and Scott makes a prediction around whether or not it will be approved. Finally, Scott and Ed take a look at Nvidia’s supreme impact on the global markets.
Pre-order Algebra of Wealth now!
www.amazon.com/Algebra-Wealth...
Timestamps:
00:00 - This week's number
00:54 - Today's episode
03:06 - Market Vitals/Headlines
15:02 - Reddit’s Democratized IPO
21:46 - the Capital One-Discover Deal
31:31 - Nvidia’s Superpower
44:12 - Week Ahead
44:23 - Prediction
Subscribe to The Prof G Pod on Spotify
open.spotify.com/show/5Ob5psT...
Got a question for Prof G? Get answers on TikTok:
/ profgalloway
Want more Prof G? Check out everything we're up to at
profgmedia.com/
#business #news #tech #finance #stockmarket #profg #scottgalloway #profgmarkets #earnings #stocks #reddit #ipo #ai #google #capitalone #banks #bank #discover #nvidia #markets
![[Full Episode] MasterChef Junior Thailand มาสเตอร์เชฟ จูเนียร์ ประเทศไทย Season 3 Episode 2](http://i.ytimg.com/vi/YpQnHoQvZt4/mqdefault.jpg)
I agree that many people are considering NVDA as the "Stock of the year." However, I'm curious about which stocks could potentially become the next META in terms of growth over the next decade. I've allocated $200k for investment, aiming to retire comfortably.
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective consider financial advisory for informed buying and selling decisions.
Facing a similar situation, I sought advice from an invęstment advisęr. Through portfolio restructuring and diversification with good ETFs, S&P 500 and growth stocks, I've turned my portfolio around from $200k to over $800k in a few years.
It appears that your investment advisor is highly skilled. Could you please let me know if you are still in contact with this advisor and, if so, how?
She goes by ‘’Colleen Rose Mccaffery’ I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
Thank you for sharing, I must say, Colleen’’ appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled a call
Love how Prof G team can openly razz the prof. Seems silly but shows authenticity and humility. Hard to find these days.
To the bingo card: "edibles"
the yield on bonds have decreased especially on the long end (30 and 10 Y) indicating that the demand is still there even if the supply remains huge showing a preference for safety. I'm still at a crossroad regarding whether or not to liquidate my $138k
Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.
I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000
Please will you be kind enough to share the details of the man that helped you?
Actually its a Lady. Yes my go to person is a 'MARY KALIOPE BRAUN'. So easy and compassionate Lady. You should take a look at her work.
Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks *.*
"...what do I mean by that?" for the Bingo card
You should add, 'In sum', 'when others zig, you zag!' to the Bingo Card!
Thanks guys, great show!
41:00 This is spot on. Great words. The question is what do we do about? Is there policy that can be implemented to alleviate food insecurity, the homeless veteran problem (and homelessness in genera), etc. This is probably in the top 2 or 3 issues that will determine whether the United States remains prosperous for many generation to come.
For the bingo card: when Prof G says "that's good" about his own joke
Every time I see ads on a Prof G episode I’m shocked they haven’t been demonetized! Never change 😂
Prof G don't care about YT pennies
juggernaut is missing from the bingo card
I own Vizio TVs but they only serve as displays for my Roku’s.
I have to agree with the “bleeding heart” comments from Scott. Our economy *soared* post WW 2 & the max tax rate was approximately 96%. I’m not advocating for that, but I’m tired of the tech bros making $$ billions & barely contributing to the country that facilitated their wealth. No, I don’t propose 96%, but 37% is simply too little.
great as always - jokes were a bit more random than usual however :')
Andrew Dice Tyson 😂🤣😂 Great gamer tag 💶💶🎲🎲🍸🍸
When you going on All-In podcast my man
Prof-G : Is the initial 2 mins standup an alternate career you plan to have? Most of them are really good and collectively the jokes over the last few year's can do a 1hr stand up
Those comments about corporate tax rates are spot on. There's no reason why they can't contribute a few billion to make lives of people in this country better
You don't even need to raise tax rates, just fund the IRS and do more audits, close the tax gap.
The pick and shovels of Nvidia are the semi manufacturing machine players like ASML, LRCX, AMAT, ACLS, KLAC, etc. not saying that they are cheap because their revenue has been dropping yet they are at an all time high.
6:11 this is why I always watch the show. “I don’t know why I brought that up, anyways” 😂😂😂
People hate banks because credit cards, interest rates on credit cards, and fees. It's that simple.
You are the first if not one of the few who acknowledge being a Capitalist and a bleeding heart. And pointing out the fact that we have katrillions of dollars flowing through our society at the same time we kathousands of homeless, and so many people problems that could be addressed by getting those who benefit the most to kick more. Thank you.
Bit of clarification, PayPal/Venmo use Visa/Mastercard networks for some types of transactions.
For the Bingo card: Whenever Prof G's laugh descends into a sigh. The ha ha ha ohhhh
Scott's teeth is really white Today, did he get new false teeth? Maybe a dad joke next episode about it?
Yep, Scott’s teeth are “so bright, I gotta wear shades!” Old school song reference.
Payment Card Industry (PCI) is the group that over sees electronic (credit card) payments. VISA and MasterCard were founders of PCI.
Who is going to be the leader, or the innovator in Quantum? More specifically, who is standing at the origin of Quantum and A.I.?
What happens when all these CEOs who ask "What can we do with AI?" finally discover that the answer for the VAST majority of them is "Oh...nothing"?
I laughed (inappropriately?) hard (pun!) at the banana joke
NVIDIA TAM plus turn, right?! What has been/will be the turn needed for customers to not simply increase efficiency but avoid extinction. Then, add innovations, applications, and extensions and it would be a mistake to think of a Moore's Law rate of change as linear. This is more likely volumetric or three-dimensional exponential rate of change.
2:00 you need to add private jet & semi exotic travel to the bingo card
"...where does this podcast find you?"
"see above"
Nvidia H 100 chip sells for $3320 an approximately 1000% markup. Scotts graphic shows approximately 600 K chips on order. It has been reported, Meta has upped their order to 350 K.
Hey Ed… Showing up too late to the party could also apply to crypto.
Comparing the streaming sports bundle to YT tv on cost isn’t totally fair imo, YT offers way more than just sports so it costing more makes sense.
add yelling "COME ON"
In regard to the Jensen Huang story. At 38:00 So was he not wearing his black leather jacket on the beach?!
NVIDIA has the hardware game on lock, but who's going to dominate the software side of AI?
I literally just watch for the jokes... Ok not really, keep up excellent work 👌
I got my invite to the Reddit DSP,.. I'm planning to buy if they allow me to. Especially if the initial stock price is affordable (say,. under $100 ).. if it's something like $10 to $20, I can totally see myself buying a nice amount just to see what happens.
To answer your question Scott we could figure it out except for Massive Greed and Hubris
Scott gushing over Nvidia reminds me of 2008.
Did Scott’s veneers get bigger?
"TRUE story, Ed!" needs to be added to the bingo card
I wonder if part of the reason it’s only $60M/yr to start is because they need Google to go after OpenAI and the others who have a bunch of Reddit content in their LLMs
Nvidia still has a long runway. Besides the demand for its GPUs and networking products from hyperscalers, there are still demand from countries to build up their sovereign AI infrastructure. And then you have enterprises utilizing Nvidia’s AI Enterprise service (lots of enterprises don’t have hyperscalers’ resources to develop their AI models) which essentially is AI as a service; and then the heavy industry (big manufacturers for example) will utilize Nvidia’s Nemo service to create digital twin. These services will generate high margin recurring revenue stream. The Nvidia story is just getting started!
Add "See Above" to the bingo chart
Scott, did you actually say “X, Y and Zed”?? 🤪
“I don’t know why I brought that up”
The bingo cards: double click
Company tax needs to be Globally revisited en masse - our previous 0% interest rates and negative interest rates have produced the largest decoupling of wealth inequality the world has ever seen. Not only that inter generational wealth has skewed the profits toward the rich and elderly at the cost of the young.
troy aikman whut? Hopefully it’s Derrick Rae and Ally McCoise.
Ed upa your brand.
Streaming businesses seem deeply unserious and always caught up in their own shit.
"AI is the corporate Ozempic"
Foreshadows the disruption that is going to hit us.
What is dofferent from this AI scenario to a bubble? Nvidia is pushing valuations all over the place, not just for them, lots of companies for using AI for whatever thing you want to generate, but they are struggling for the same market on the inside
Just curious, what's Scott's process for coming up with these jokes?
Pick and shovel into soft soil!
Credit cards are only means of convince payment method. The only reason to have them, is if you can pay the balance every month and just enjoy the perks. If you use them to pay for things you cannot afford in the first place, you're doing it wrong.
Haha the story gets better if Jenson was wearing his leather jacket
The jokes are as funny as Scott's teeth.
So pretty funny.
Your 'bleeding heart' (not socialist-- that made Ed smile) comment was exactly right. I wish Ed had commented on that instead of going to 'is it too late to join the party'. The valuation may be correct economically, but as you said in others words, society allowing all that value to accumulate in so few hands -- through incorrect taxation -- is wrong. No we should not spend trillions on cool toys while there are homeless vets and hungry kids. Yesterday, I told a friend, 'I enjoy the science of artificial intelligence, but i'd rather we spent that 7 trillion, or a good fraction of it, on NATURAL intelligence, in other words, on the care, feeding, and education of the next generation. The soldiers of MAGA are the people we've ignored and diminished in America.
Lost interest at 21:00
We can "figure out" the poverty issues, but politicians do not seem to be incentivized to come together and act in a meaningful way. That's one part of it. Another part is that poor people often create their own problems. I made myself poor for many, many years just by spending irresponsibly. It's not solely a social or political matter, but one of personal responsibility as well. But I know that costs of living are also very high and that pay remains an issue. Why is the federal minimum wage such a pitiful joke? Comes back to the first issue I mentioned of politicians failing to act. They prefer to blame each other and hope it brings them more votes in the next election instead.
“Anyways”
I thought the banana was going to be the butt of a joke.
i bought Nvidia at 756
However, however
Stadium names are more ridiculous than powerful.
Making fun of Ed’s age
Look at the thumbnail pic, ProfG found his son (didn't Daddy donate sperum before? aaaahhhh....scandal)
Stop listening to Aswash on Nvidia!! He continues to underestimate the growth of the AI market. He was bearish when Nvidia was $400.
41:15 -- you want to know how the American economy can support multiple trillion dollar corporations *while also* having homeless veterans and food insecurity? Answer: there's no money to be made with housing the homeless and/or feeding the hungry
I’m shocked to hear that you both think SOHO House is good. Anytime I’ve been as a guest, I just wanted to be anywhere else in NYC. You can’t curate cool.
I just noticed… Scott has the whitest teeth on the planet.
I think that may be a recent upgrade.
Was wondering what was going on there@@MichaelLaFrance1
1st
nah, oil still runs the world.
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Kathleen Sanford
she's mostly on Telegrams, using the user name
fxsanford 💯 ..that's it
Scott's teeth are SO WHITE!
How about we tax your, professor first? Why are you so rich and didn’t donate half of your money?
Average Episode
Hey haters got new for you......
Royce gracie of the Gracie MMA family just become Muslim.
This God awful standup routine was enough to unsubscribe… Imagine you went to your dentist and he started doing stupid humor like this!
😂😂
See ya later!