Eisman flags META capex depreciation drag
Good morning. AI infrastructure capital expenditures are finally colliding with income statement realities this quarter.
Steve Eisman warns that Meta's massive AI capital expenditures are finally rolling off the balance sheet and into the income statement as depreciation. This accounting reality threatens to weigh on earnings for years, contrasting sharply with Palantir doubling its commercial sales by monetizing applied AI for end-users.
The Tape
What the smartest operators are pricing in today — names and trades.
▲ Bull
“Amazon, I just think it's the company that is best positioned in the world to benefit from the upcoming AI efficiency wave... I also think they are the nucleus of AI infrastructure.”
Chris · My First Million
▲ Bull
“It's true, Palantir is crushing it. Revenue climbed 93% from last year, while commercial sales to other companies more than doubled.”
unknown · Morning Brew Daily
▼ Bear
“I think it's neck and neck with SpaceX in terms of price to revenue as the two most egregiously overvalued stocks in the market.”
unknown · The Compound and Friends
▲ Bull
“Everything that I've read and thought about since, I'm absolutely convinced this is still going to be the one to own for the second half of the year.”
Josh · The Compound and Friends
▼ Bear
“And they were talking about the strength of the iPhone 17 because of their AI capabilities. And I got to tell you, AI can't do shit for Apple. You can't do anything.”
Michael · Animal Spirits Podcast
▼ Bear
“But what's starting to happen is all that capex which went on the balance sheet is now starting to roll through the income statement. And that's going to be a weight on them for years.”
Steve Eisman · Prof G Markets
▲ Bull
“this is one of my bigger holdings because I think generally the market has this wrong. The disruption story is not necessarily going to come for Uber.”
Travis Hoey · Motley Fool Money
▼ Bear
“there is very quickly going to be a lot of bad feelings about self-driving because people are going to, the first wave of people losing their jobs to AI is going to be drivers.”
Jason Calacanis · This Week in Startups
“It's true, Palantir is crushing it. Revenue climbed 93% from last year, while commercial sales to other companies more than doubled.”
Today's Signals (15)
Operator-validated investment signals before they reach consensus.
“OpenAI and the other AI companies are the money-losingest companies in the history of the human race. No one has ever lost as much money as quickly as they have.”
bearish · 9/10 conviction
Discussing: OpenAI's financial sustainability
“I want to say that there's like a big difference between a company that squeezes you in order to extract more revenue and a company that squeezes you because they're doomed and they're basically like grabbing onto you and pushing you under the water to kind of buoy themselves up to get a few more sips of air before they sink too. OpenAI and the other AI companies are the money-losingest companies in the history of the human race. No one has ever lost as much money as quickly as they have. And it's not like they're losing less money. They're losing more.”
The AI Enshittification Bubble | Cory Doctorow · Aug 3, 2026
“Everything that I've read and thought about since, I'm absolutely convinced this is still going to be the one to own for the second half of the year.”
bullish · 9/10 conviction
Discussing: Apple as second-half leadership
“Apple. When we did a show two weeks ago, why Apple's going to 400. Everything that I've read and thought about since, I'm absolutely convinced this is still going to be the one to own for the second half of the year. The stock went out at an all-time record high today.”
AI Darlings Wrecked, Earnings Preview META, MSFT, AAPL, AMZN, Rate Hike Spook, Nvidia’s OpenAI Deal · Jul 28, 2026
“The Chinese control roughly 90% of the relevant value chain components for autonomous systems. So even if you have a US startup that's saying, hey, we're making everything here in America. No, you're not.”
bearish · 9/10 conviction
Discussing: US drone manufacturing independence
“I have a front row seat into a few different industries, just given the work we do, where I'd say, you know, there's evidence of the industrial policy working. I'll give you one. Drones, autonomy more generally. So the Chinese control roughly 90% of the relevant value chain components for autonomous systems. So even if you have a US startup that's saying, hey, we're making everything here in America. No, you're not.”
Tariffs didn’t bring manufacturing jobs back to the US · Jul 27, 2026
“If you look at crack spreads, they're off the charts in the United States. They're not off the charts in other places... But in the US, it is absolutely off the charts. They are literally printing money right now.”
bullish · 9/10 conviction
Discussing: impact of the Iran war
“Those are all things that the U.S. has in surplus, right? You know, people say, oh, but it's a global price. It's a global price. Yeah, sure. But who's making the money? Like, I mean, refiner margins. If you look at crack spreads, they're off the charts in the United States. They're not off the charts in other places, by the way, because they don't have the refinery capacity. But in the US, it is absolutely off the charts. They are literally printing money right now.”
Ep. 369: Marvin Barth on US Re-Industrialisation, Trump 2.0, and the Localisation Thesis · Jul 31, 2026
“And then I think by the end of 2029, which will be the end of the decade, I think we will not have a recession. I have the S&P 500 at 10,000 by the end of the decade.”
bullish · 9/10 conviction
Discussing: S&P 500 long-term target
“Well, we're in the seventh year of it. Everybody thinks it's six, but count it on your fingers, and we're actually in the seventh year. Inclusive of 2020. Yeah, let's get through this. And then I think by the end of 2029, which will be the end of the decade, I think we will not have a recession. I have the S&P 500 at 10,000 by the end of the decade.”
The Man Who Called the Roaring 2020s with Ed Yardeni · Aug 7, 2026
“This year and next year is finally all about real adoptions. Not pilots, not theory, self-driving trucks on the road without a driver, beginning of next year in Texas.”
bullish · 9/10 conviction
Discussing: autonomous vehicle adoption timeline
“Let's hear from Lior Ron, COO of Wabi, who shared his excitement over self-driving trucks. This year and next year is finally all about real adoptions. Not pilots, not theory, self-driving trucks on the road without a driver, beginning of next year in Texas. So this is a fundamental sort of sea change in the industry.”
268: AI’s latest frontiers: An Investor’s Perspective on AI, Space and Equity opportunities · Jul 31, 2026
“Amazon, I just think it's the company that is best positioned in the world to benefit from the upcoming AI efficiency wave... I also think they are the nucleus of AI infrastructure.”
bullish · 9/10 conviction
Discussing: AI efficiency wave beneficiaries
“I had 100% of my portfolio, I think, for a full year in Nintendo until Wall Street finally realized how big of a deal that was. But Amazon, I just think it's the company that is best positioned in the world to benefit from the upcoming AI efficiency wave, which is once we actually start to see meaningful productivity jumps from the AI age, There's no company in the world that's going to benefit more from that than Amazon. I also think they are the nucleus of AI infrastructure.”
This guy made $80M in profit. Here's his next 3 stock picks · Jul 29, 2026
“Like we're not really being replaced by AI and that's not going to happen. But I do think we're going to be degraded.”
bearish · 9/10 conviction
Discussing: AI's impact on white-collar labor
“I mean, you know, cause a lot of these ideas are very evergreen. Like, you know, workers being degraded, humiliated, dehumanized and replaced by, by themselves, but paid less and with fewer skills. Right. Like we're not really being replaced by AI and that's not going to happen. But I do think we're going to be degraded.”
1013: Weapons of Math Destruction, Ten Years On, with Dr. Cathy O’Neil · Jul 28, 2026
“there is very quickly going to be a lot of bad feelings about self-driving because people are going to, the first wave of people losing their jobs to AI is going to be drivers.”
bearish · 9/10 conviction
Discussing: public backlash against self-driving cars
“And the reason I say that is, I'm not just talking about Uber, but there is very quickly going to be a lot of bad feelings about self-driving because people are going to, the first wave of people losing their jobs to AI is going to be drivers. And like when I say wave, I mean like they're not, they're literally going to lose their jobs and the pay is going to go down. And this would be both Uber and Uber Eats, like the people driving people, ride sharing and delivery.”
Why AI has no taste and how to fix it (w/ Thais Castello Branco) | E2319 · Jul 31, 2026
“It's true, Palantir is crushing it. Revenue climbed 93% from last year, while commercial sales to other companies more than doubled.”
bullish · 8/10 conviction
Discussing: Palantir's Q2 earnings report
“Has any company ever hyped itself up more than Palantir? The AI software giant and military contractor reported earnings yesterday that it described as otherworldly. It's true, Palantir is crushing it. Revenue climbed 93% from last year, while commercial sales to other companies more than doubled. Plus, it jacked up its projections for the rest of 2026.”
US-Japan Team Up to Save the Yen & The Hugo Spritz, the New Drink of the Summer? · Aug 4, 2026
“I think it's neck and neck with SpaceX in terms of price to revenue as the two most egregiously overvalued stocks in the market.”
bearish · 8/10 conviction
Discussing: Palantir's valuation multiple
“So I think that's notable. The stock is, the company, excuse me, It has a $390 billion market cap. Is this a trillion dollar company one day? I think it's neck and neck with SpaceX in terms of price to revenue as the two most egregiously overvalued stocks in the market. But I mean, who's to say where this settles out?”
Midsummer’s Melt-Up, Robinhood, SpaceX and Palantir Report, Chips Rip, Leopold’s Margin Call · Aug 4, 2026
“here we are a week or two later and oil is like eight or nine bucks lower and you know if this really is the end of the war it's going back to 60 or 65.”
bearish · 8/10 conviction
Discussing: energy sector positioning
“I liquidated pretty much all my energy positions in the last couple of weeks. uh which and what what i found was that you know in my newsletter like i liquidated these positions and there was a lot of complaining um people really really believe in energy um and i there was a lot of bitching when i sold these names uh and you know here we are a week or two later and oil is like eight or nine bucks lower and you know if this really is the end of the war it's going back to 60 or 65.”
The Portfolio Built To Survive Every Crash | Jared Dillian · Aug 5, 2026
Sector Heat
Where conviction's concentrated this week — and where it's cooling.
Information Technology
▲ 236.0%watching
Hyperscaler capital expenditures face intense scrutiny as depreciation schedules begin impacting quarterly operating margins.
Industrials
▲ 41.0%tailwind
US refiners are printing money with off-the-chart crack spreads driven by structural capacity constraints.
Real Estate
▲ 17.0%tailwind
Senior housing assets benefit from a structural demographic shift as the 80-plus cohort grows 5% annually.
Energy
▲ 21.0%headwind
Unwinding geopolitical risk premiums threaten to push crude prices back toward the low $60s.
From the Conversations
The AI Enshittification Bubble | Cory Doctorow
Aug 3, 2026 · 53m · 1 quote pulled
▶ Listen“OpenAI and the other AI companies are the money-losingest companies in the history of the human race. No one has ever lost as much money as quickly as they have.”
“I want to say that there's like a big difference between a company that squeezes you in order to extract more revenue and a company that squeezes you because they're doomed and they're basically like grabbing onto you and pushing you under the water to kind of buoy themselves up to get a few more sips of air before they sink too. OpenAI and the other AI companies are the money-losingest companies in the history of the human race. No one has ever lost as much money as quickly as they have. And it's not like they're losing less money. They're losing more.”
AI Darlings Wrecked, Earnings Preview META, MSFT, AAPL, AMZN, Rate Hike Spook, Nvidia’s OpenAI Deal
Jul 28, 2026 · 48m · 1 quote pulled
▶ Listen“Everything that I've read and thought about since, I'm absolutely convinced this is still going to be the one to own for the second half of the year.”
“Apple. When we did a show two weeks ago, why Apple's going to 400. Everything that I've read and thought about since, I'm absolutely convinced this is still going to be the one to own for the second half of the year. The stock went out at an all-time record high today.”
Tariffs didn’t bring manufacturing jobs back to the US
Jul 27, 2026 · 1h 12m · 1 quote pulled
▶ Listen“The Chinese control roughly 90% of the relevant value chain components for autonomous systems. So even if you have a US startup that's saying, hey, we're making everything here in America. No, you're not.”
“I have a front row seat into a few different industries, just given the work we do, where I'd say, you know, there's evidence of the industrial policy working. I'll give you one. Drones, autonomy more generally. So the Chinese control roughly 90% of the relevant value chain components for autonomous systems. So even if you have a US startup that's saying, hey, we're making everything here in America. No, you're not.”
Sources
▶ ListenMorning Brew Daily
US-Japan Team Up to Save the Yen & The Hugo Spritz, the New Drink of the Summer?#903: The US and Japan work together to save the declining yen. Rumors of an AstraZeneca-Bristol Myers merger has analysts scratching their heads. People are making wildfire bets on prediction markets because…of course. Meanwhile, Toby dives into the newest Summer drink that’s popping up in bars everywhere: the Hugo Spritz. Finally, Palantir posts impressive earnings. Submit your password guess! https://forms.gle/4EdBi3X8N4eMnBd56 Come to our August trivia! https://mbdtrivianight-august2026.splashthat.com/ Grab tickets to our Performance Revue show! https://www.morningbrew.com/events/brew-performance-revue-2026?utm_campaign=performance_revue_2026&utm_source=mbd Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Listen to Morning Brew Daily Here: https://www.swap.fm/l/mbd-note Learn more about your ad choices. Visit megaphone.fm/adchoices
▶ ListenThe Compound and Friends
Midsummer’s Melt-Up, Robinhood, SpaceX and Palantir Report, Chips Rip, Leopold’s Margin CallOn this episode of What Are Your Thoughts, Join Downtown Josh Brown and Michael Batnick as they break down another massive week for the markets, including SpaceX's first public earnings report, Palantir's blockbuster quarter, and what strong Q2 earnings say about corporate America. They also discuss the recent semiconductor selloff, the rise and fall of hedge fund manager Leopold Aschenbrenner, Robinhood, the risks of leveraged investing, and Michael's bull case for Floor & Decor. Topics include: - SpaceX's first earnings report - Palantir's explosive earnings - Q2 corporate profits - The semiconductor selloff - Leopold Aschenbrenner's hedge fund collapse - Robinhood - Leveraged investing - Michael's bull case for Floor & Decor - Josh's mystery chart This episode sponsored by Janus Henderson Investors. Visit https://www.janushenderson.com/ for more information. Sign up for The Compound Newsletter and never miss out! Instagram: https://instagram.com/thecompoundnews Twitter: https://twitter.com/thecompoundnews LinkedIn: https://www.linkedin.com/company/the-compound-media/ TikTok: https://www.tiktok.com/@thecompoundnews Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Josh Brown are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. The Compound Media, Incorporated, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information. Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: https://ritholtzwealth.com/podcast-youtube-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices
▶ ListenForward Guidance
The Portfolio Built To Survive Every Crash | Jared DillianMarkets are relearning that durable wealth comes from disciplined risk management, not chasing momentum or relying on central bank intervention. This week, we're joined by Jared Dillian, editor of The Daily Dirtnap and author of The Awesome Portfolio, to discuss why markets may be entering a new regime where risk management matters more than maximizing returns. We explore Warsh's Fed strategy, the case for a steeper yield curve, why the AI trade may be masking economic weakness, how sentiment shifts after crowded trades unwind, and why gold and diversified portfolios could be poised for a comeback. Enjoy! TIMESTAMPS: 00:00 Intro 01:01 The Awesome Portfolio 04:42 Why Investors Misunderstand Risk 11:15 Warsh’s Intentional Policy Shift 14:17 The Yield Curve Meets Weak Data 17:32 Markets To Do The Heavy Lifting 20:00 Treasury Enters The Currency Fight 22:58 The Bear Market’s Starting Gun 27:57 Defensive Stocks, Oil And Gold FOLLOW JARED › X/Twitter – https://x.com/dailydirtnap › Pre-Order The Awesome Portfolio –https://a.co/d/01yslEpJ FOLLOW THE SHOW › Forward Guidance – https://x.com/ForwardGuidance › Felix – https://x.com/fejau_inc › Telegram – https://t.me/+CAoZQpC-i6BjYTEx › Blockworks – https://x.com/Blockworks EVENTS › Join us at Digital Asset Summit 2026 Asia October 7th & Digital Asset 2026 London November 10-11th https://blockworks.com/events DISCLAIMER Nothing said on Forward Guidance is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only. Any views expressed are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.
▶ ListenSuper Data Science: ML & AI Podcast with Jon Krohn
1013: Weapons of Math Destruction, Ten Years On, with Dr. Cathy O’NeilIn Episode #1013, Dr. Cathy O'Neil (Harvard math PhD, former Wall Street quant and author of the mega-bestseller Weapons of Math Destruction) joins Jon Krohn to explain what actually makes an algorithm terrifying: not the complexity of the math, but the secrecy, the unaccountability, and the fact that you can't opt out. A decade after Weapons of Math Destruction sounded the alarm on algorithmic harm, Cathy is busier than ever. Through her algorithmic-auditing firm ORCAA and her nonprofit OCEAN, she now provides the statistical evidence behind lawsuits against some of the world's biggest tech companies. In this episode, Cathy punctures AI hype, traces the line from Frederick Winslow Taylor's factory floor to today's keystroke-tracked white-collar workers, explains why she wants every algorithmic system to fly with a "cockpit" of metrics, and lays out concrete things listeners can do in their companies, their communities, and their courtrooms, to demand accountability. Additional materials: https://www.superdatascience.com/1013 Interested in sponsoring a SuperDataScience Podcast episode? Email [email protected] for sponsorship information. In this episode you will learn: (07:02) From Wall Street to Occupy to Weapons of Math Destruction (14:12) What actually makes an algorithm terrifying (44:53) Inside ORCAA and OCEAN (58:22) The Shame Machine (1:11:23) Why every algorithmic system needs a “cockpit”
▶ ListenHidden Forces
The AI Enshittification Bubble | Cory Doctorow<p dir="ltr">In <a href= "https://hiddenforces.io/podcasts/the-ai-enshittification-bubble-cory-doctorow"> Episode 492</a> of Hidden Forces, Demetri Kofinas speaks with science fiction author, journalist, and digital rights activist Cory Doctorow—who coined the term "enshittification"—about why he believes the AI bubble will prove more damaging than the 2008 financial crisis and rival the equity sell-off of the 2020 Covid pandemic, the theory he has developed to explain why everything keeps getting worse, why the companies leading the AI boom are structurally unprofitable and existentially dependent on a runaway growth narrative, and where the value in AI may actually accrue once the bubble deflates or bursts entirely.</p> <p dir="ltr">The first hour covers the central argument of Doctorow's book on enshittification, which goes beyond simply describing how things are getting worse—from the extractive nature of online relationships to the soul-sucking experience of dealing with burned-out call-center operators and mindless chatbots—to put forward a theory for why, based on what has happened to competition, regulation, interoperability, and the bargaining power of workers. From there, they compare the prevailing business models and unit economics of the early web companies and large platforms to those leading the charge in AI, and why Doctorow believes the latter are not only structurally unprofitable but existentially dependent on a growth narrative of runaway AI that will run out of capital before it ever delivers the promise and profits its investors are banking on.</p> <p dir="ltr">The second hour continues the conversation about the AI boom—how retirement accounts and index-fund concentration have raised the stakes of an eventual bust, and how new forms of regulatory forbearance, including the mechanics of the recent SpaceX public listing, along with other more explicit government bailouts, will be needed to prop up otherwise unsustainable valuations. They close with the narrative gap between AI-driven job displacement and what the data actually tells us, and where the value in AI may accrue once the bubble deflates—from open-source models and cheap hardware to the skilled workers and infrastructure needed to capitalize on them.</p> <p dir="ltr">Subscribe to our premium content—including our premium feed, episode transcripts, and Intelligence Reports—by visiting <a href= "https://hiddenforces.io/subscribe">HiddenForces.io/subscribe</a>.</p> <p dir="ltr">If you'd like to join the conversation and become a member of the Hidden Forces Genius community—with benefits like Q&A calls with guests, exclusive research and analysis, in-person events, and dinners—you can also sign up on our subscriber page at <a href= "https://hiddenforces.io/subscribe">HiddenForces.io/subscribe</a>.</p> <p dir="ltr">If you enjoyed today's episode of Hidden Forces, please support the show by:</p> <ul> <li dir="ltr" aria-level="1"> <p dir="ltr" role="presentation">Subscribing on <a href= "https://podcasts.apple.com/us/podcast/hidden-forces/id1205359334">Apple Podcasts</a>, <a href= "https://www.youtube.com/channel/UC8URhgYos5fjHqFSO4RSIEg">YouTube</a>, <a href= "https://open.spotify.com/show/0TK6u251zGSlMgJKH6cOaP">Spotify</a>, <a href= "https://www.stitcher.com/podcast/demetri-kofinas/hidden-forces">Stitcher</a>, <a href="https://soundcloud.com/hiddenforces">SoundCloud</a>, <a href="https://castbox.fm/channel/2629539">CastBox</a>, or via our <a href="http://hiddenforces.libsyn.com/rss">RSS Feed</a></p> </li> <li dir="ltr" aria-level="1"> <p dir="ltr" role="presentation">Writing us a review on <a href= "https://podcasts.apple.com/us/podcast/hidden-forces/id1205359334">Apple Podcasts</a> & <a href= "https://open.spotify.com/show/0TK6u251zGSlMgJKH6cOaP">Spotify</a></p> </li> <li dir="ltr" aria-level="1"> <p dir="ltr" role="presentation">Join our mailing list at <a href= "https://hiddenforces.io/newsletter/">https://hiddenforces.io/newsletter/</a></p> </li> </ul> <p dir="ltr">Producer & Host: Demetri Kofinas<br /> Editor & Engineer: Stylianos Nicolaou</p> <p dir="ltr">Subscribe and support the podcast at <a href= "https://hiddenforces.io/">https://hiddenforces.io</a>.<br /> Join the conversation on <a href= "https://www.facebook.com/hiddenforcespod/">Facebook</a>, <a href= "https://www.instagram.com/hiddenforcespod/">Instagram</a>, and <a href="https://twitter.com/hiddenforcespod">Twitter</a> at @hiddenforcespod<br /> Follow Demetri on Twitter at <a href= "https://twitter.com/kofinas">@Kofinas</a></p> <p dir="ltr">Episode Recorded on 07/27/2026</p>
- ▶ Listen
The Compound and Friends
AI Darlings Wrecked, Earnings Preview META, MSFT, AAPL, AMZN, Rate Hike Spook, Nvidia’s OpenAI DealOn this episode of What Are Your Thoughts, Downtown Josh Brown and Michael Batnick preview earnings from Microsoft, Meta, Amazon, and Apple, breaking down the biggest questions facing the market: Is Azure growth enough to justify Microsoft's AI spending? Can Meta's AI investments keep powering ad growth? Will AWS reaccelerate? And what does Apple's capital-light AI strategy mean as Tim Cook prepares for his final earnings call as CEO? Plus: - Why the market keeps shrugging off bad news - The surprising relationship between stock momentum and earnings beats - The brutal selloff in semiconductors and Corning - Sam Altman's latest AI warnings and the Hugging Face controversy - The Fed, market resilience, and what to expect from SpaceX's first earnings call next week. This episode is sponsored by DBMF. To learn more about the alternative solution for the model revolution check out: https://www.DBMF.com/WAYT Sign up for The Compound Newsletter and never miss out! Instagram: https://instagram.com/thecompoundnews Twitter: https://twitter.com/thecompoundnews LinkedIn: https://www.linkedin.com/company/the-compound-media/ TikTok: https://www.tiktok.com/@thecompoundnews Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Josh Brown are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. The Compound Media, Incorporated, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information. Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: https://ritholtzwealth.com/podcast-youtube-disclosures/ DBMF Disclosure The Fund’s investment objectives, risks, charges, and expenses must be considered carefully before investing. The statutory and summary prospectuses contain this and other important information about the investment company, it may be obtained by visiting www.imgp.com. The iMGP DBi Managed Futures Strategy ETF is distributed by ALPS Distributors, Inc. Learn more about your ad choices. Visit megaphone.fm/adchoices
▶ ListenAnimal Spirits Podcast
When Genius Failed, Again (EP. 476)On episode 476, Michael Batnick and Ben Carlson discuss: a crazy month in the stock market, Situational Awareness, leverage always gets you, the semiconductor crash, 60/40 will never die, the behavior gap lives, One Wish Willow for the economy, a theory about the Fed, the economy is still booming, apathy for Bitcoin, the biggest movie weekend ever and much more. This episode is sponsored by YCharts. To get your copy of Top 10 Visuals, and receive 20% off your first YCharts Professional subscription through Animal Spirits. Visit https://go.ycharts.com/animal-spirits (Offer valid for new customers only.) Sign up for The Compound newsletter and never miss out: thecompoundnews.com/subscribe Follow Us On Social Media: Instagram: instagram.com/thecompoundnews Twitter: twitter.com/thecompoundnews LinkedIn: linkedin.com/company/the-compound-media/ TikTok: tiktok.com/@thecompoundnews Find complete show notes on our blogs: Ben Carlson’s A Wealth of Common Sense Michael Batnick’s The Irrelevant Investor Feel free to shoot us an email at [email protected] with any feedback, questions, recommendations, or ideas for future topics of conversation. Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Ben Carlson are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. The Compound Media, Incorporated, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information. Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: https://ritholtzwealth.com/podcast-youtube-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices
▶ ListenDecoder with Nilay Patel
Tariffs didn’t bring manufacturing jobs back to the USEvan Smith, cofounder and CEO of Altana, was last on the show in early 2025 to talk about how Trump’s first few waves of tariffs were starting to affect global trade. It was a very alarming and also very illuminating chat; Evan and I got into the existential weeds of international relations and economics almost immediately. A year and a half later, and everything is somehow even more chaotic than it was the last time Evan and I talked — and that’s true about both trade and also the world of running a software company. Agentic AI, whack-a-mole tariff policy, war in Iran — we jumped right back into weeds yet again. Links: How Trump’s tariff chaos is already changing global trade | Decoder Skydio CEO Adam Bry on not drawing red lines for drone use | Decoder Trump imposes new global tariffs, drawing protests from trading partners | Reuters Greer: USMCA Talks Could Stretch Into Next Year | Wall Street Journal Trump hits Canada with new 50% tariffs | Associated Press Iran weaponized the Strait of Hormuz. Now neighbors are going around it | CNN The Iran war is testing Southeast Asia’s faith in the US | Politico Subscribe to The Verge to access the ad-free version of Decoder! Credits: Decoder is a production of The Verge and part of the Vox Media Podcast Network. Decoder’s producers are Kate Cox and Nick Statt. This episode was edited by Kabir Chopra. Our editorial director is Kevin McShane. The Decoder music is by Breakmaster Cylinder. Learn more about your ad choices. Visit podcastchoices.com/adchoices
▶ ListenMacro Hive Conversations With Bilal Hafeez
Ep. 369: Marvin Barth on US Re-Industrialisation, Trump 2.0, and the Localisation Thesis<div class="OutlineElement Ltr SCXW57551901 BCX8"> <p class="Paragraph SCXW57551901 BCX8" lang="EN-GB" xml:lang= "EN-GB"><span class="NormalTextRun SCXW57551901 BCX8" data-ccp-parastyle="Normal (Web)">Marvin Barth is the creator of </span><span class="NormalTextRun SCXW57551901 BCX8" data-ccp-parastyle="Normal (Web)">Thematic Markets</span><span class="NormalTextRun SCXW57551901 BCX8" data-ccp-parastyle="Normal (Web)"> and </span><span class= "TextRun SCXW57551901 BCX8" lang="EN-GB" xml:lang="EN-GB" data-contrast="none"><span class= "NormalTextRun SCXW57551901 BCX8" data-ccp-parastyle= "Normal (Web)">Seriously,</span> <span class= "NormalTextRun ContextualSpellingAndGrammarErrorV2Themed SCXW57551901 BCX8" data-ccp-parastyle="Normal (Web)">Marvin?!</span><span class= "NormalTextRun ContextualSpellingAndGrammarErrorV2Themed SCXW57551901 BCX8" data-ccp-parastyle="Normal (Web)">.</span></span><span class= "NormalTextRun SCXW57551901 BCX8" data-ccp-parastyle= "Normal (Web)"> </span><span class= "NormalTextRun SCXW57551901 BCX8" data-ccp-parastyle= "Normal (Web)">Thematic Markets</span><span class= "NormalTextRun SCXW57551901 BCX8" data-ccp-parastyle= "Normal (Web)"> is rigorous, institutional-quality research aimed at market professionals, while </span><span class= "TextRun SCXW57551901 BCX8" lang="EN-GB" xml:lang="EN-GB" data-contrast="none"><span class= "NormalTextRun ContextualSpellingAndGrammarErrorV2Themed SCXW57551901 BCX8" data-ccp-parastyle="Normal (Web)">Seriously</span><span class= "NormalTextRun SCXW57551901 BCX8" data-ccp-parastyle= "Normal (Web)">, Marvin?!</span></span> <span class= "TextRun SCXW57551901 BCX8" lang="EN-GB" xml:lang="EN-GB" data-contrast="none"><span class="NormalTextRun SCXW57551901 BCX8" data-ccp-parastyle="Normal (Web)">presents more accessible takes on contrarian musings Marvin</span> <span class= "NormalTextRun SCXW57551901 BCX8" data-ccp-parastyle= "Normal (Web)">doesn't</span> <span class= "NormalTextRun SCXW57551901 BCX8" data-ccp-parastyle= "Normal (Web)">have time to research at </span></span><span class= "NormalTextRun SCXW57551901 BCX8" data-ccp-parastyle= "Normal (Web)">Thematic Markets</span><span class= "TextRun SCXW57551901 BCX8" lang="EN-GB" xml:lang="EN-GB" data-contrast="none"><span class="NormalTextRun SCXW57551901 BCX8" data-ccp-parastyle="Normal (Web)">. Both publications</span> <span class="NormalTextRun SCXW57551901 BCX8" data-ccp-parastyle= "Normal (Web)">benefit</span> <span class= "NormalTextRun SCXW57551901 BCX8" data-ccp-parastyle= "Normal (Web)">from the uniquely broad perspective on the global political economy Marvin has gained from a three-decade career spanning</span> <span class="NormalTextRun SCXW57551901 BCX8" data-ccp-parastyle="Normal (Web)">nearly every</span> <span class= "NormalTextRun SCXW57551901 BCX8" data-ccp-parastyle= "Normal (Web)">asset class, academia, central banking, finance ministry, and international institutions. This includes working at Barclays Investment Bank, Citi, the Federal Reserve Board, the U.S. Treasury Department, and the Bank for International Settlements. </span></span></p> <ol> <li class="Paragraph SCXW57551901 BCX8" lang="EN-GB" xml:lang= "EN-GB"><span class="TextRun SCXW57551901 BCX8" lang="EN-GB" xml:lang="EN-GB" data-contrast="auto"><span class= "NormalTextRun SCXW57551901 BCX8">The Locali</span><span class= "NormalTextRun SCXW57551901 BCX8">s</span><span class= "NormalTextRun SCXW57551901 BCX8">ation Thesis</span></span></li> <li class="Paragraph SCXW57551901 BCX8" lang="EN-GB" xml:lang= "EN-GB"><span class="NormalTextRun SCXW57551901 BCX8">Manufacturing vs. The AI "Bubble"</span></li> <li class="Paragraph SCXW57551901 BCX8" lang="EN-GB" xml:lang= "EN-GB"><span class="NormalTextRun SCXW57551901 BCX8">The Labour Disconnect (Poetry vs. Welding)</span></li> <li class="Paragraph SCXW57551901 BCX8" lang="EN-GB" xml:lang= "EN-GB"><span class="NormalTextRun SCXW57551901 BCX8">Trump 2.0: Preparedness and Instincts</span></li> <li class="Paragraph SCXW57551901 BCX8" lang="EN-GB" xml:lang= "EN-GB"><span class="NormalTextRun SCXW57551901 BCX8">The Iran War and American Exceptionalism</span></li> <li class="Paragraph SCXW57551901 BCX8" lang="EN-GB" xml:lang= "EN-GB"><span class="NormalTextRun SCXW57551901 BCX8">The Fed's "Neutral Rate" Error</span></li> <li class="Paragraph SCXW57551901 BCX8" lang="EN-GB" xml:lang= "EN-GB"><span class="NormalTextRun SCXW57551901 BCX8">The Rise of Kevin Warsh</span></li> <li class="Paragraph SCXW57551901 BCX8" lang="EN-GB" xml:lang= "EN-GB"><span class="NormalTextRun SCXW57551901 BCX8">The Brexit Reality Check</span></li> <li class="Paragraph SCXW57551901 BCX8" lang="EN-GB" xml:lang= "EN-GB"><span class="NormalTextRun SCXW57551901 BCX8">Andy Burnham: The "Low Delta Call Option"</span></li> </ol> </div>
- ▶ Listen
The Compound and Friends
The Man Who Called the Roaring 2020s with Ed YardeniOn episode 254 of The Compound and Friends, Downtown Josh Brown and Michael Batnick are joined by legendary economist and market strategist Ed Yardeni to discuss: the case for the Roaring 2020s, why Ed sees no recession through the end of the decade, his S&P 500 target of 10,000, whether AI is fueling an earnings bubble, rising profit margins and productivity, why this market is different from 1999, the broadening bull market, hyperscaler spending and credit risk, bond vigilantes, the Fed, and what the bears keep getting wrong. This episode is sponsored by Nuveen. To learn more, visit https://www.nuveen.com/alternatives Sign up for The Compound Newsletter and never miss out: thecompoundnews.com/subscribe Instagram: instagram.com/thecompoundnews Twitter: twitter.com/thecompoundnews LinkedIn: linkedin.com/company/the-compound-media/ TikTok: tiktok.com/@thecompoundnews Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Josh Brown are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. The Compound Media, Incorporated, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information. Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: https://ritholtzwealth.com/podcast-youtube-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices
▶ ListenProf G Markets
Michael Burry Says This Is The Top — Is It?Ed Elson is joined by Steve Eisman to unpack why stocks are at record highs and what it would take for him to call a market top. Then, Ryan Petersen returns to explain how the war with Iran and escalating tariffs are reshaping global supply chains. Finally, Ed breaks down the growing evidence that the AI boom has become increasingly dependent on OpenAI. Steve Eisman is the Host of the Real Eisman Playbook. Ryan Petersen is the CEO and Founder of Flexport. Subscribe to the Prof G Markets Youtube Channel Check out our latest Prof G Markets newsletter Follow Prof G Markets on Instagram Follow Ed on Instagram, X and Substack Follow Scott on Instagram Send us your questions or comments by emailing [email protected] Learn more about your ad choices. Visit podcastchoices.com/adchoices
▶ ListenThe Bid
268: AI’s latest frontiers: An Investor’s Perspective on AI, Space and Equity opportunitiesAI investing continues to shape markets as artificial intelligence (AI) moves beyond software and into the physical infrastructure of the global economy. From data centers and chips to space-based compute, autonomous trucks and humanoid robotics, the AI buildout is creating new questions about scarcity, supply chains and where value may accrue next.In this episode of The Bid, host Oscar Pulido is joined by Tony Kim, Head of the Global Technology Team within BlackRock Fundamental Equities. Fresh from his 13th annual technology tour across San Francisco and Silicon Valley, Tony shares what he heard from leading innovators and how the AI conversation has evolved from model development to compute, infrastructure, physical AI and the changing shape of the technology stack.Tony explains why AI investing may increasingly require looking across multiple layers of the ecosystem: the physical layer of power, chips, data centers and cloud infrastructure; the intelligence layer of foundation models; and the application and services layer where disruption remains a central question. The discussion also explores how AI is creating both scarcity and abundance, why data center demand is reshaping supply chains, and how countries and companies tied to the compute build-out may be positioned differently from more service-oriented parts of the market.Check out our previous tech tour episodes with Tony Kim:2025 - https://open.spotify.com/episode/6ffqOgM2CDbJGEoaWjgjIP?si=418fdf5f886c4f622024 - https://open.spotify.com/episode/3ruCZNZ7vHghypqwnQzslg?si=e62206f037df409bKey moments in this episode:00:00 Introduction01:57 AI Wave Expands - How AI investing is expanding from model development into space, robotics and physical systems.05:28 AI Goes To Space - How low Earth orbit satellites could create new forms of AI data and, potentially, new compute architectures.07:51 Physical AI Adoption - Why autonomous vehicles, self-driving trucks and humanoid robots are part of the broader physical AI story10:00 Rewiring The Internet14:38 Where To Invest Now - How the shift in market value toward compute and model-centric companies is reshaping stock market trends.18:55 Risks And Optimism22:38 Wrap Up And What's Next on The Bid AI investing, artificial intelligence, technology investing, capital markets, megaforces, data centers, robotics, stock market trendsSources: BlackRock Fundamental Equities analysis of AI-related capex spending through 2030, as of July 2026; “How much does a GW of data center capacity actually cost” Investing.com, 2025; S&P Global Indices as at July 14th 2026This content is for informational purposes only and is not an offer or a solicitation. Reliance upon information in this material is at the sole discretion of the listener. Reference to any company or investment strategy mentioned is for illustrative purposes only and not investment advice. In the UK and non-European Economic Area countries, this is authorized and regulated by the Financial Conduct Authority. In the European Economic Area, this is authorized and regulated by the Netherlands Authority for the Financial Markets. For full disclosures, visit blackrock.com/corporate/compliance/bid-disclosures. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
▶ ListenThis Week in Startups
Why AI has no taste and how to fix it (w/ Thais Castello Branco) | E2319<p dir="ltr">This Week In Startups is made possible by:</p> <p dir="ltr">YSecurity<br /> <a href= "https://ysecurity.io/TWIST">https://YSecurity.io/TWIST</a></p> <p dir="ltr">MongoDB<br /> <a href="https://mongodb.com/ai">https://MongoDB.com/ai</a></p> <p dir="ltr">Odoo<br /> <a href="https://odoo.com/twist">https://Odoo.com/twist</a></p> <p><strong><br /> <br /></strong></p> <p dir="ltr">Today's show:</p> <p dir="ltr">AI models can solve PhD-level math equations and code an app in minutes… So why does everything they design look like identical slop? Thais Castello Branco, founder of Taste Labs, raised $18.5M in seed funding to teach frontier models about aesthetics and outputting quality content. She talks to Jason and Lon about why even frontier models regress to the mean on subjective tasks, how paid "TasteMakers" can improve output quality, and whether AI accelerates or destroys the half-life of "what's cool."</p> <p dir="ltr">PLUS Leopold Aschenbrenner's AI hedge fund liquidated its public stock portfolio, but it may be too soon to count this 25-year-old completely out. Google Earth adds AI generation and turns into a misinformation factory. LinkedIn and Substack join the AI slop crackdown. And why does every venture capitalist seem to have an opinion about the Ceuta border crisis?</p> <p dir="ltr">Guest</p> <p dir="ltr">Thais Castello Branco on X: <a href= "https://x.com/thaiscbranco_">https://x.com/thaiscbranco_</a></p> <p dir="ltr">Taste Labs: <a href= "https://tastelabs.com/">https://tastelabs.com/</a></p> <p dir="ltr">Amplify Partners: "Kill the Slop": <a href= "https://www.amplifypartners.com/blog-posts/kill-the-slop-announcing-our-investment-in-taste"> https://www.amplifypartners.com/blog-posts/kill-the-slop-announcing-our-investment-in-taste</a></p> <p dir="ltr">Relevant Links</p> <p dir="ltr">Leopold Aschenbrenner's essay "Situational Awareness": <a href= "https://situational-awareness.ai/">https://situational-awareness.ai/</a></p> <p dir="ltr">CNBC on SA fund collapse: <a href= "https://www.cnbc.com/2026/07/31/leopold-aschenbrenner-situational-awareness-fund-fire-sale.html"> https://www.cnbc.com/2026/07/31/leopold-aschenbrenner-situational-awareness-fund-fire-sale.html</a></p> <p dir="ltr">Henk van Ess thread on Google Earth + Nano Banana: <a href= "https://x.com/henkvaness/status/2082912544394498228">https://x.com/henkvaness/status/2082912544394498228</a></p> <p dir="ltr">Substack CEO Chris Best: "Against Claudefishing": <a href= "https://post.substack.com/p/against-claudefishing">https://post.substack.com/p/against-claudefishing</a></p> <p dir="ltr">NPR on the Ceuta crisis: <a href= "https://www.npr.org/2026/07/31/g-s1-136507/morocco-spain-migration"> https://www.npr.org/2026/07/31/g-s1-136507/morocco-spain-migration</a></p> <p dir="ltr">Ethan Goodhart's self-driving golf cart post: <a href= "https://x.com/EthanGoodhart/status/2082136189998682598?s=20">https://x.com/EthanGoodhart/status/2082136189998682598?s=20</a></p> <p dir="ltr">"Wind" app on TestFlight: <a href= "https://testflight.apple.com/join/zZqmhhwf">https://testflight.apple.com/join/zZqmhhwf</a></p> <p dir="ltr">TechCrunch: "Gritt exits stealth": <a href= "https://techcrunch.com/2026/07/21/gritt-exits-stealth-with-34-million-for-robots-to-build-solar-plants-then-everything-else/"> https://techcrunch.com/2026/07/21/gritt-exits-stealth-with-34-million-for-robots-to-build-solar-plants-then-everything-else/</a></p> <p dir="ltr">CA Gov: Project Nexus solar-covered canal announcement: <a href= "https://www.gov.ca.gov/2026/04/29/governor-newsom-announces-the-completion-of-first-of-its-kind-solar-covered-canal-in-the-central-valley-piloting-a-new-way-to-save-water-and-reduce-costs/"> https://www.gov.ca.gov/2026/04/29/governor-newsom-announces-the-completion-of-first-of-its-kind-solar-covered-canal-in-the-central-valley-piloting-a-new-way-to-save-water-and-reduce-costs/</a></p> <p dir="ltr">Molly Wood's "Everybody in the Pool" podcast: <a href= "https://www.everybodyinthepool.com/">https://www.everybodyinthepool.com/</a></p> <p dir="ltr">Timestamps:</p> <p><strong> </strong></p> <p dir="ltr">0:00 Coming up on today's show…</p> <p dir="ltr">1:23 Thais Castello Branco on teaching models to have good taste</p> <p dir="ltr">10:45 YSecurity - The on-demand security team for startups. Need enterprise-grade security without hiring a $400k CISO? YSecurity gives you 40+ expert engineers, matched to exactly what you need, by the hour, with your first six hours completely free. Go to https://YSecurity.io/TWIST</p> <p dir="ltr">15:19 The "TasteMaker" community of paid human curators</p> <p dir="ltr">20:37 MongoDB - AI-assisted and agentic coding is helping you build faster than ever. Start building at https://MongoDB.com/ai</p> <p dir="ltr">24:40 Jason's personal "cool hunter" prompt</p> <p dir="ltr">30:16 Odoo - The all-in-one business platform. Get started for free at https://Odoo.com/twist</p> <p dir="ltr">37:36 Situation Awareness lacked situational awareness</p> <p dir="ltr">46:59 Claude models hacked three external organizations</p> <p dir="ltr">50:54 Google Earth adds Nano Banana for some reason</p> <p dir="ltr">54:24 The AI Slop crackdown spreads</p> <p dir="ltr">57:54 Too many opinions about the Ceuta migrant crisis</p> <p dir="ltr">1:04:05 Self-driving golf carts and also cars</p> <p dir="ltr">1:09:53 Robot arms are installing solar panels</p> <p><strong> </strong></p> <p dir="ltr">Subscribe to the TWiST500 newsletter: <a href= "https://ticker.thisweekinstartups.com">https://ticker.thisweekinstartups.com</a></p> <p dir="ltr">Check out the TWIST500: <a href= "https://www.twist500.com">https://www.twist500.com</a></p> <p dir="ltr">Subscribe to This Week in Startups on Apple: <a href= "https://rb.gy/v19fcp">https://rb.gy/v19fcp</a></p> <p><strong> </strong></p> <p dir="ltr">Follow Lon:</p> <p dir="ltr">X: <a href= "https://x.com/lons">https://x.com/lons</a></p> <p><strong> </strong></p> <p dir="ltr">Follow Alex:</p> <p dir="ltr">X: <a href= "https://x.com/alex">https://x.com/alex</a></p> <p dir="ltr">LinkedIn: <a href= "https://www.linkedin.com/in/alexwilhelm/">https://www.linkedin.com/in/alexwilhelm</a></p> <p><strong> </strong></p> <p dir="ltr">Follow Jason:</p> <p dir="ltr">X: <a href= "https://twitter.com/Jason">https://twitter.com/Jason</a></p> <p dir="ltr">LinkedIn: <a href= "https://www.linkedin.com/in/jasoncalacanis">https://www.linkedin.com/in/jasoncalacanis</a></p> <p><strong> </strong></p> <p dir="ltr">Check out all our partner offers: <a href= "https://partners.launch.co/">https://partners.launch.co/</a></p> <p><strong> </strong></p> <p dir="ltr">Great TWIST interviews: <a href= "https://youtu.be/pvJa2pzuXWQ">Will Guidara,</a> <a href= "https://youtu.be/9dHN4YFkgv4">Eoghan McCabe</a>, <a href= "https://podcasts.apple.com/us/podcast/reddit-ceo-steve-huffman-on-mod-revolt-building-a/id315114957?i=1000617333424"> Steve Huffman</a>, <a href= "https://podcasts.apple.com/ca/podcast/airbnb-ceo-brian-chesky-on-early-rejection-customer/id315114957?i=1000611761112"> Brian Chesky</a>, <a href="https://youtu.be/y2UMzSqX94Q">Bob Moesta,</a> <a href= "https://podcasts.apple.com/ca/podcast/box-ceo-aaron-levie-breaks-down-box-ai-and-generative/id315114957?i=1000612384545"> Aaron Levie</a>, <a href= "https://podcasts.apple.com/ca/podcast/sophia-amoruso-on-branding-raising-a-fund-portfolio/id315114957?i=1000601352978"> Sophia Amoruso</a>, <a href= "https://podcasts.apple.com/ca/podcast/reid-hoffman-on-ais-crescendo-moment-regulation-and/id315114957?i=1000612548498"> Reid Hoffman</a>, <a href= "https://podcasts.apple.com/ca/podcast/snowflake-ceo-frank-slootman-on-moving-the-needle-win/id315114957?i=1000602560622"> Frank Slootman</a>, <a href= "https://podcasts.apple.com/ca/podcast/billy-mcfarland-on-fyre-fest-fraud-failure-hacking/id315114957?i=1000610922577"> Billy McFarland</a></p> <p><strong> </strong></p> <p dir="ltr">Check out Jason's suite of newsletters: <a href= "https://substack.com/@calacanis">https://substack.com/@calacanis</a></p> <p><strong> </strong></p> <p dir="ltr">Follow TWiST:</p> <p dir="ltr">Twitter: <a href= "https://twitter.com/TWiStartups">https://twitter.com/TWiStartups</a></p> <p dir="ltr">YouTube: <a href= "https://www.youtube.com/thisweekin">https://www.youtube.com/thisweekin</a></p> <p dir="ltr">Instagram: <a href= "https://www.instagram.com/thisweekinstartups">https://www.instagram.com/thisweekinstartups</a></p> <p dir="ltr">TikTok: <a href= "https://www.tiktok.com/@thisweekinstartups">https://www.tiktok.com/@thisweekinstartups</a></p> <p dir="ltr">Substack: <a href= "https://twistartups.substack.com">https://twistartups.substack.com</a></p>
▶ ListenMotley Fool Money
Shopify Shines and Uber DeclinesEarnings season continues to give strong results, but that doesn’t mean each stock is rising on the news. Today, we saw Shopify jump and Uber fall after earnings that both showed strong adoption for their products. In addition, we discuss Disney and its growing reliance on the parks business to drive results. Travis Hoium, Lou Whiteman, and Rachel Warren discuss: - Uber’s Results - Why Shares Fell - Disney’s Parks Growth - Where Does ESPN Go? - Shopify’s Blowout - Can Growth Sustain? Companies discussed: Uber (UBER), Disney (DIS), Shopify (SHOP). Host: Travis Hoium Guests: Lou Whiteman, Rachel Warren Engineer: Dan Boyd Disclosure: Advertisements are sponsored content and provided for informational purposes only. The Motley Fool and its affiliates (collectively, “TMF”) do not endorse, recommend, or verify the accuracy or completeness of the statements made within advertisements. TMF is not involved in the offer, sale, or solicitation of any securities advertised herein and makes no representations regarding the suitability, or risks associated with any investment opportunity presented. Investors should conduct their own due diligence and consult with legal, tax, and financial advisors before making any investment decisions. TMF assumes no responsibility for any losses or damages arising from this advertisement. We’re committed to transparency: All personal opinions in advertisements from Fools are their own. The product advertised in this episode was loaned to TMF and was returned after a test period or the product advertised in this episode was purchased by TMF. Advertiser has paid for the sponsorship of this episode. Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices
▶ ListenMy First Million
This guy made $80M in profit. Here's his next 3 stock picksShaan's guide to go from $0 to $1M: https://clickhubspot.com/pfkv Episode 846: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Chris Camillo ( https://x.com/ChrisCamillo ) about the 5 trades he’s betting on in 2026. — Show Notes: (0:00) Social Arbitrage (6:29) Needohs (20:16) Nerd culture (27:06) Information asymmetry (46:30) Amazon (1:02:21) Podcasting — Links: • Dumb Money Live - https://www.youtube.com/DumbMoneyLive — Check Out Sam's Stuff: • Hampton (joinhampton.com): My community for founders. Average member does $25m/year. Many of the guests are members. Get after it...apply: http://joinhampton.com/mfm — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com • Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents. • Mercury - Shaan uses Mercury across all of his companies. you can too: http://mercury.com/ Mercury is a fintech company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., Members FDIC • I run all my newsletters on Beehiiv and you should too + we're giving away $10k to our favorite newsletter, check it out: beehiiv.com/mfm-challenge My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano /
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