Stock Market Futures Show

[00:00:00] Speaker 1: ladies and gentlemen how's it going on this sunday evening hopefully everybody got their steps in hopefully everybody had a good weekend what is going on thank you everybody for being here for the sunday market future show jets dad sal cliff what is going on i know that there was no members only today chels how are you george what's up going on we shot two episodes of basis points back to back this uh this afternoon so i'm gonna make it up on tuesday night i don't think i got in me to do another hour and a half of talking after this stream missy ledger how are you hopefully everybody did good tell me in the comments what you did this weekend gonzo what's going on all right i want to let everybody know spencer uh june how are you craig anderson thank you so much really appreciate it i am at war with draft kings i said it i said it and i'm going to show you why i am at war with draft kings they put out a post after the dodgers got scruple and you know what ridiculous post i'm calling them out on it hey at draft kings this is a ridiculous post you made how about the 1998 yankees considering they went 114 and 48 cone pettit wells hernandez abreu with mendoza stand and nelson in the bullpen and rivera as the closer the teams they listed and we're going to exclude the 26 dodgers because the season's not over yet the 98 braves is one of the greatest rotations in baseball no question they deserve to be there 106 and 56 the phillies good rotation best deserved to be top five i don't know about that maybe 2018 astros went 103 and 59 i'll tell you what the 66 dodgers 95 and 67 the only reason they put them on there was because of koufax get them off put the 99 yankees on there the 99 yankees rotation was way better than the 66 dodgers what type of post is this i don't get it so yes i am at war with draft kings right now ridiculous post hopefully some yankee fans chime in on this and we get some traction on this post because you know what excluding the 98 yankees here is ridiculous it is ridiculous anyway just want to let everybody know that i'm at war with draft kings all right a lot happening over the weekend we're heading into a big earnings week we got palantir we got amd those are the two i care the most about and then we roll into broadcom and nvidia it's going to be big president trump halted the attacks oil is falling this is going to be pretty big we are at jackson hole in a couple of weeks if we can get oil falling below 70 for jackson hole i gotta think the 10 year starts to come down the 30 year starts to come down maybe just maybe we get a fed that comes out that isn't as hawkish now i'm not going to say cuts because i actually think cuts are off the table but maybe we don't have to get hikes maybe we don't have to get hikes i would be pretty happy about that i'd be actually very happy about that justin thank you hri thank you cactus jack is in the house cactus jack if you're not following cactus jack on whatsapp you got to go follow him he puts out breaking news quicker than anybody on x go follow cactus jack captain harris thank you so much mostly thank you i had a thought i haven't gone deep on it yet maybe you can tell me what i got wrong before i waste too much time to figure it out comments incoming um i'm gonna have to go and take a look what exactly are you asking me chef mike we gotta hack their system and we gotta get them to change that i mean it's ridiculous it is absolutely ridiculous i feel like they just asked an llm jake rizzo is here hollis is here what is going on everyone truly appreciate even tommy dimes took time out of hanging out in the casino to join us we are truly blessed we are truly blessed lena's here look at that got the whole squad here tonight now i put out a palantir video if you didn't already watch it i think you'll actually enjoy it i'm going to tell you what i said palantir is going to slaughter earnings tomorrow in my opinion i think they're going to come out guns blazing in my prediction 93 year-over-year growth lisa how are you venom how are you venom how are you 93 percent year-over-year growth i think it's going to happen we'll see i could be wrong i ran the numbers and i am so into it right now palantir may actually be dare i say after this earnings report inexpensive we'll see i don't know i don't know i probably shouldn't say that but this is just going to be a compounder for years i think and with the military industrial complex likely getting the 1.4 trillion dollar defense budget i think palantir is going to win more contracts and i'm super excited for them they are doing incredible i shared the deck that i made with emit we talked about it today a little bit i'll show you in case you haven't seen the video we got seven minutes before the actual retail futures open and we get into it so here's where i'm coming from with palantir and this time around i added my own graphics in there from the system so 85 year-over-year growth in q1 but here's the big thing their year-over-year growth in the last five quarters 39 percent oh hold on okay thank you chels i just saw it um i got it okay thank you mostly i will uh answer your questions in one moment you know what let me answer them now and then i'll get into palantir if there's a real compute shortage compute prices will get bid up just like memory did but you who actually profits depends on contract structure but we got reports amd is going to raise gpu prices so yes i think you're right i think we are going to actually have a run on compute and we could also see cpu prices go up look at memory sk took a hit hit on upside because they pre-sold supply years in advance at lower price squeeze rates missing out on price spike well that's why i like micron because they didn't contract out the whole book there's still spot pricing out there which is really good for them neoclouds are in the same boat big backlogs look strong but they're locked into fixed long-term deals with zero excess compute left the pivot you got to look at core weaves contracts because they're take or pay and they have escalators in them and the way that they're built assume all costs for the five years plus costs from the next five it's actually a brilliant structure for them neoclouds can't sell to highest bidders meanwhile meta whore to compute for itself now gets attractive offers um i'd have to look into that i mean yes you're right on meta but i do think that the spread core weave is getting is quite lucrative and attractive for them then five the flip side buyers that locked in compute early like open ai get a huge moat tons of capacity i agree and it's very important for them locking it in because they are contracted for years and years and years absolutely absolutely thank you for the comments now palantir i think is going to really impress a lot of people tomorrow and we got sequential growth last five quarters 39 48 63 70 and 85 percent incredible true s curve one of the biggest s curves we have the even on moat rising operating cash flow rising balance sheet i mean this is incredible eight billion of cash on ham with total debt of 212 million is incredible deal momentum 206 deals over a million dollars last quarter customer growth for over a thousand i mean i mean this is going to be great i'm calling for 100 let's put it this way 93 percent year over year 1.94 billion revenue i was going to go 2 billion plus but i decided not to i want to be somewhat conservative my rule of 40 is 154 i think that they're going to crush it i'm going to leave the rest out to see the rest go watch the video but i think they're going to crush it i really do i'm super excited for them and i think palantir is going to have a great day tomorrow on earnings i don't know if the stock's going to go up or not i can't tell you if they're going to go up or not i got no idea what do i know but it's hard for me to believe that they're not going to do over 90 percent year over year growth and i think that it's well warranted i think that they are an incredible company doing incredible things i think amd is going to crush earnings and i think that we see more validation for the ai revolution this week mostly you didn't have to do that thank you very much i truly appreciate the support thank you so much so what do you what does everybody think dg hit quad deuces on the flap at the casino the other night oh look at you love it i want to know did they play into you did you slow roll it how'd you play it did you bait them did you check make them raise into you i need the details need the details that's some rounders type stuff right there kids show so we're going to use the word stuff even though i put no it's not for kids it's for adults so many people complain that i cursed i'm going to try to keep it down holding palantir yeah i'm still holding it i like it oh where'd it go slow roll no i call it slow roll some could play call it slow play i call it slow rolling what do you want from me i have my own language i have my own language and we got brent falling if we can get brent if we can get brent where's the bell if we can get brent around uh 75 again we get into the low 70s high 60s i think we're back i think we're going to be back ladies and gentlemen all right let's see where everything goes got less than 30 seconds until the futures open up get ready for the bell you may want to mute this you may want to mute it giving you a fair warning we'll see what comes out of the gate hot all right we're open let's see if amazon can sustain the run wow amazon may actually sustain this run i like it where's oil where's good old cl oil is it really this far down the list or did i just miss it all right we'll bring it up on the chart because i definitely missed it crude oil futures 80 81 80 81 right now i'll take it a lot better than being at 85 i will take that i want to see a seven handle on it all right nebbius up a little bit 3.7 percent 197 43 and we got core weave this week i don't know if nebbius is reporting or not we got core weave this week micron 844 sandus 1246 marvell 191 i ren 37 you know i tried doing a little trade today we may or may not have shot some episodes of basis points and i tried making a trade and it wouldn't take the bait i tried suckering him out of bloom energy i tried getting bloom energy out of them i offered him taiwan semi could not get a deal done could not get a deal done core weave 73 35 i like it i think core weave is so undervalued here bloom energy i like i think bloom energy is going to do really well i like it a lot i am not in it but i like it amd trying to get back to 500 to go into the earnings asts trying to get back to 60 we got fortinet 164 where's oracle at 131 oracle got over 130. oh man you gotta like that oracle over 130. you gotta like it i'm sorry i'm looking for something that uh cactus jack put out that i scrolled past and now i can't find it open ai is putting out a new model this is going to get very fun i'm not a believer in so let me put it this way i believe in open source but i do not believe that open source is going to overtake the frontier models and i don't believe that they're going to be replaced by open source models at all and open ai and anthropic i cannot wait for them to go public i cannot wait for this once to come out because it's going to allow us to look through and see exactly what's going on and maybe maybe it will put all the fear to the side i mean i think that we got that this week with all the hyperscalers reporting earnings and telling us they're not slowing down on capex alphabet two weeks ago said that they're going to actually go buy more third-party compute because they're so constrained they can't stand up data centers quick enough i just i'm not a believer in the bear case broadcom 392 crowd strike 192 we're getting back after it ladies and gentlemen we got uber at 70. no hold on where did uber go 70.89 sofi 1642 i think this is very undervalued my own opinion i happen to like sofi a lot obviously and i think this week's going to be really good i think palantir is going to come out and absolutely not just crush but give us a very bullish narrative for software in general i think that amd is the most important earnings call this week because i think lisa sue is going to come out and really discuss in more detail how all of the demand is more applicable to amd the ai conference that they had was more showcase of what they're doing but i think we're going to find out a lot more on the earnings call about how this is going to impact amd as a company i am so excited for this because the ai revolution is only getting started i just don't see how we don't live in that world and the biggest gainers right now are the neoclouds bloom 210 looks exciting and amd up eight bucks going into tomorrow right now taiwan 7410 and palantir is moving up into the print i'll say this i think palantir can be 150 after the bell tomorrow i really do believe that i think palantir can be 150 after the bell not saying it's going back to 200 but i think it can be too i think it can be 150 after the bell tomorrow i really do if sofi goes to 200 we are having a party we are absolutely having a party it'll be in new york city because i'm not going to commute anywhere but we're going to have i will throw a party if sofi goes to 200 i will throw a party for everybody who wants to come how about that no problem service now 112 next decade 679 i think christen matter correct directionally but it's going to take time to play out as they've indicated oh carl oh carl so if i goes to 200 i work for you for free what are we in wolf of wall street what are you donnie hilarious addicted to trading are you in l3 harris i actually like lockheed martin here i'm really getting excited about lockheed martin they just got a huge deal with the government and i think that they are going to be set up in a great position lol i quit my job if sofi goes to 200. oh are we all bag holders right now i mean i don't know if you can really say a bag holders but do we really own that much sofi that multiple people are going to quit their jobs if it goes to 200. oh my god and oracle 131 i think oracle got too soft i think the market's wrong on them i think the market is pricing in a legitimate fear that's overblown i think the fear of open ai not being able to pay their bills and oracle not being able to rent out the compute and their backlog not translating the revenue i think it's wrong i think it is a wrong perception of oracle and i think oracle is one of the more undervalued companies right now and then you got zeta this week i think zeta is going to do really well i am a zeta bull i think it's another misunderstood company when you think about the premise of advertising and people thinking that in difficult economies advertising budgets are the first thing that gets cut i don't think they necessarily understand the business too well zeta's at inflection point they just became operating income profitable they're growing 49 year over year on revenue this is going to be their first year gap profitability they stole the gap as a client from salesforce and they're making big moves they're also a five and a half billion market cap company the sky is the limit for zeta the sky is the limit for zeta i'll tell you this i don't care about the cosby i know a lot of people do i know a lot of people put a lot of stake into it something like 35 to 45 percent of the cosby is two companies samsung and sk i just it doesn't matter to me it does not matter to me at all now reddit something we gotta watch i am i went through the numbers i could not find why the street has a legitimate gripe the numbers were really good and unless it's something i'm not seeing i mean let's bring reddit up on the big board we went through the numbers together i did a little bit more work on it over the weekends and this got taken to the woodshed this absolutely got taken to the woodshed if we look on a three-month chart and why did i draw those lines at any point i guess it's saved in my robin hood yeah let's delete delete drawings we don't need those did the numbers just got better with reddit i gotta do another look maybe i'll ask claude to go through it and try to see what i'm missing because i really thought the earnings were very good when we went through them i looked at some stuff this weekend i happen to like it we'll see what happens we'll see what happens but i wouldn't mind getting back into reddit the problem is i want to buy more core weave heading into earnings and i think tomorrow i buy more i bought a little bit under 70. as long as i buy core weave under 75 i'm a happy camper because i think core weave is a much going to be a much bigger company in a year from now and i'm happy to buy at these prices happy to buy them i think my cost basis on core weave is 78 79 that area i'd like to get my cost basis down to 75 if possible that would be what i really like to do and when you look at i am a shareholder in nebius and i am up quite a bit on it i was actually thinking about selling nebius and rolling it into core weave and i may actually do that tomorrow um that's a good question i don't know but here here's what i'm gonna say f around and find out f around and find out you mess around with leverage that's the risk you take and i think it's a dumb reason for the market to sell off i'm still shocked we got that big of a sell-off from his hedge fund blowing up but it makes complete sense because you had the hyperscalers delivering incredible numbers you had pretty much all the big s p companies beating earnings and the market going down and getting shook structurally the hyperscalers just got better and after amazon and microsoft reported oh man oh man to me the ai trade has never looked better and i am not backing down burry what was burry right about what was burry right about look the bears can be right for a day they can be right for a week but they're not going to be right on this they are not going to be right on this meta got hit for the wrong reasons okay oh really the mag 7 aren't ai trades okay sure sure they absolutely are so alphabet isn't an ai trade with gemini with their tpus with google cloud oh wait wait i'm sorry amazon isn't an ai trade with aws the triennium chips bedrock they must not be in a oh wait microsoft i forgot microsoft can't be an ai trade with copilot maya or anything they're doing oh wait i'm so sorry meta meta must not be a ai trade after muse spark they're ai agents for business and everything they're doing come on stop it ridiculous of course they're ai trades of course they are i'm not making excuses for meta the facts of the reality are that they took two charges in q2 that were not accounted for they had the legal charges from lawsuits that hit two what was it 2.1 billion and then they had the headcount severance charge of another billion and a half or so when you back those out their eps would have been seven dollars and 17 cents which would have been a beat on the consensus let matter fall to 400 i don't care one bit you want to know why they're likely to crush earnings in q3 just like last time this happened uh it was q3 last year when they took the one-time charges on the books and sent eps down to a dollar something in the quarter what did they say these were one-time tax charges we had to take q4 and going forward it's going to be great for the company then q4 they came out and blew it out of the water so am i worried about meta not at all i think meta is going to be one of the biggest winners over the next 10 years and look if you don't think that zuck is a good deployer of capital so don't invest in it you're not wanted here if you are in meta and you don't think that zuck is a good allocator of capital just get out if you think he is a good allocator of capital and that he's earned the right to allocate capital stay the situation is this is one of the handful of people under 10 people who have ever built a company that has scaled past 100 billion dollars of ebitda or cash from operations on annualized basis he has earned the right to spend and you know what i'm sick of the capex argument with all these companies i'm an investor and all these companies and i agree with their ceos spend all of the free cash flow for the next couple of years fortify the moat because they are going to dictate where technology goes and i'm willing to ride that out regardless of how the market perceives it because i have a long-term mindset and i do not care about one or two days or one or two months or one or two quarters shake the babies out get all the weak hands out let all the leverage get plumbled does not impact me one bit doesn't impact me i'm ready yeah i would like zuck to kill reality labs but i'm not zuck my shares don't outweigh his and the honest truth is he's generated a lot more profit than he spent on reality labs and i got away that in my investment thesis that's all there is to it that's all there is to it but i don't hate this chart i don't think it's going to go lower i mean what is meta really going to go back to 500 i don't think so we're at 563 it's rebounding off the low i don't hate this like i i really am not hating this chart so what i mean you can agree you can disagree it is america you are more than allowed to do that and i respect anybody who doesn't want to invest in meta and that's fine if you don't think zuck's doing the right thing there's an opportunity cost and there's a lot of great companies out there i mean amazon i think will be a four or five hundred dollar company because i think amazon will eventually get to seven and a half trillion dollars i think they do it before 2030 that's my own personal opinion i think amazon is inexpensive especially after the quarter that amazon just put up amazon put up one of the greatest quarters we've seen and it is still not even taking out its all-time highs and amazon is in one of the strongest positions it's ever been in i think it goes higher i think amazon's very undervalued and as i've been saying they're likely one of the biggest winners in robotics one of the biggest winners i truly believe that they are and after microsoft's quarter which was outright stellar outright stellar we're still nowhere near where they were nowhere near it they're 468 they got another 100 bucks to go before getting back to their highs and i think it's going to happen you can't compete with these companies you just can't compete and i think there's a lot of downstream companies they're going to do very well from energy to the suppliers you think about ai companies how about john deere about caterpillar john deere is doing incredible things incredible i'm not a fan of iran and it's because of the comp package i have a very bad taste in my mouth from the fact that their co-ceos are getting five percent of the company from time vested rsus rather than performance based if it was performance based with metrics i would like it but it's just not and i'm very upset about it i'm very upset about it the other one's energy i think there's gonna be a very big bottleneck in energy and i do think bloom energy can run and look bloom energy 210 we're back to 210 did i watch the noto interview with tanner i did i think tanner did a great job and i think that everybody should watch that video if you're sofi shareholder or if you're interested in sofi i think he did a great job i really do service now doing really good yeah i renverse core weave i take core weave every day what is sofi have to do to catch a bid unfortunately the perception of sofi is that it is just a bank that is the perception they do not have the investment banking arm to benefit from all the deals the way that the large financial institutions morgan stanley and goldman do and in order for them to catch a bid in my opinion they have to do several things first the macro's got to change and it has to look like they are not going to hike that's going to be the first thing the second thing i think sofi has got to come out and i think they got to build out wealth management slash 401k slash 403b custodian for companies there's a lot of things they can do i also really want to see them utilize their tech stack to power other banks i think if they do that they get re-rated so quickly but i also think sofi has found a short-term low i don't think they're really going back under 14 14.50 they've hit it three times i don't think it's going to happen i think they're fine and here's the big part about sofi they raise guidance while flipping their macro guide from two cuts to two hikes they've shown that they can operate in every operating environment all the stock is is a scorecard of what people are paying for the company the company continues to compound quarter after quarter and it has there been an opportunity cost yeah there has could you have made more money somewhere else yeah you could have i will tell you straight up i am planning on holding sofi for 10 or 20 years because i see this company compounding into one of the largest financial institutions and with the amount of shares i have man i want to be there when they start paying a dividend man do i want to be there because you know what at that point they're going to be dropping a lot less than 70 cents of every dollar made to the top line growth they'll be dropping way more to the bottom line and you'll be getting some of it back in a dividend you'll probably get a lot of share appreciation and start generating reoccurring quarterly revenue but that's not going to be that dividend's not coming for five or ten years in my opinion and i'm ready for it i'll be there i don't know about everybody else but i'll be there and look you can get out of sofi and do better in the short term absolutely i happen to believe in the long-term picture of sofi now if for some reason nodo leaves i would very highly consider exiting sofi and not looking back not looking back i think nodo is the right person to run this company he gets a lot of shit and i think that he is doing an incredible job steering the ship it's not his fault that the market is perceiving them a certain way so without him i would very highly consider exiting my position core weave 73.52 i like it i like it nebius is trying to get back to 200. look at zeta we hit just hit 22 on zeta amd hit 485. there's a lot to there's a lot to like there is a lot to like what's going on so we do have some news and i want to address something okay i'm going to read something right now and then i'm going to address something and i'm going to take this off so you can see my face when i address it so trump and iran i was asked to by saudi arabia the uae by qatar and by iran to hold off strikes it would have been a massive attack when the allies asked to call it off you guys say well let's see allies think there is a deal there is a deal on her moves and it will be a deal on the nuclear so that was earlier today we'll see what happens now i am going to make a very big statement about trump okay i know a lot of you think i love the guy okay i've been very clear on investing in individual equities for anybody in legislation and their families whether you're in the senate the house or the executive branch i think that it should be barred for all of them and i'm going to go a step further right now i think what is happening with truth social is absolutely wrong i don't like it i don't care if he's not making the decisions i think he should step in make a phone call and say hey don't do it because you know what if you're charging a hundred thousand dollars for an api to get access to his posts and other people's posts before the public i i we all know that his posts move markets i don't like it i think it's wrong and i want to be very clear on where i stand with it okay i think it's wrong and i don't think it should be allowed and i just wanted to be very clear on that that i'm not going to defend anybody it doesn't matter if i didn't vote for them if i did vote for them like i always say i call balls and strikes now i've never said who i voted for i am a registered independent a lot of you assume i vote one way or bust may be true may not be true but i will tell you when i think something's wrong i'm not afraid to say it and i think this is wrong period end of story no it's different than a bloomberg terminal it's much that what they're doing is much different than a bloomberg terminal so much different so i wanted to address that i'm not going to address it again so i just wanted to be very clear on where i stand with that all right palantir 124 91 up a point of 1.5 zeta lost 22 smci smci 2878 i wonder if i can take that off of tanner's hands i think that's going to go up i think that's going to go up google 360 that's had a little run didn't the googly moogly go down the other day i like it i'd like it taiwan semi 408 qxo we got to talk about it i like qxo long term but long term to me is three to five years if not 10 years okay qxo is getting beat up on rates am i buying i have not bought in several weeks i am a shareholder and i am interested in buying more but i want to buy more core we first i think brad jacobs is one of the best ceos of a generation i think that they are going to do incredible things but i think it's going to take some time for the strategy to really play out we need to see what the company looks like in a year from now and we got to see what the macro looks like but qxo is certainly interesting i think people should really do some due diligence on it it's a housing play though it's a building play we need rates to come down for it to really work which is why i am uh really paying attention to what's going on in the macro where's austin at is austin in here there he is yeah i i agree austin alphabet is absolutely bulletproof in my opinion if you had to put a gun to my head mag 7 who's going to be the who has the most potential over the next several years it very well could be alphabet it's incredible you know people ask me all the time aren't you worried about them raising money no i would be worried about google raising money that's crazy talk it's absolute crazy talk their balance sheet is a fortress their income statement is a fortress so no i'm not worried about it if we have to worry about the largest companies in the world raising capital that's not a market i want to be invested in these companies do not have cracks amazon doesn't have cracks nor does google nor does microsoft they just don't i'm sorry i'm not going to apologize for saying that i don't see the cracks because you know what if there were cracks there you know what happens we're in a really fragile market there are just so many things about those companies that are going well that it's very hard to believe that they're not going to continue to lead the market higher they are so structurally strong who can really compete with them i mean microsoft their quarter was nothing sure spectacular let's look at them on the big chart real quick and it's a toss-up between who really had the best quarter out of the three it really is i mean when you are as big as microsoft and you grow your revenue by 18 year over year to 90 billion that's not easy to do it is not easy to do at all azure grew 43 43 43 mic and here's the thing that i love about the bears the bears wanna absolutely talk about and look i've asked i privately messaged ed zitron he has not gone back to me okay he has not gone back to me i would love to talk to him because i would ask him one of the very first questions i ask him is explain how microsoft adding 31 new data centers across five continents and q4 bringing the total fiscal fiscal year data centers added to 88 with another gigawatt of capacity in the quarter how is that any indication ai is fake it doesn't make sense they're on track to double capacity over the next two years all i see is these companies spending more and more and more capital on ai foundry has a hundred thousand customers and customers and you know what paid co-pilot seats let me see how many of you how many of you in the chat have a paid co-pilot seat either personal or from where you work i want to say because you know what it's up to 30 million 30 million customers with more than 50 000 seats grew 7x year over year that's not that that's not ai fake that's ai real and you know what the new e7 suite includes co-pilot it's absolutely incredible anybody can actually think that ai is fake at this point it doesn't make any sense whatsoever and the commercial rpo oh it grew to 678 billion dollars 84 year over year but hey ai's fake it's fake everybody it's fake we can go home don't worry we can go home we can go home ai's fake that's what the bull the bears want us to do and then you got amazon let's look at amazon once again if this didn't prove out the ai revolution i don't know what to tell you because they just crossed over 200 billion dollars in q2 20 year over year increase incredible oh my god free cash flow is negative oh my god who cares seriously who cares aws 42.23 billion dollars it was up 37 year over year operating income from aws was 16.6 billion it grew 64 year over year this is the fastest growth rate in 18 quarters and they exited the quarter at 169 billion dollar annualized run rate how on earth can we sit here and say these companies are not the greatest companies with the greatest potential how they have a chip business that exceeded 25 billion in an annual revenue run rate and amazon's aws ai business exceeds 25 billion i mean this is just crazy there is nothing in here that indicates we are going backwards or we are slowing down and when you put it all together i think the investment into the aws forward deployed engineers i think microsoft's investment into it just goes to show you how much they're planning on monetizing it and they're all going to spend more on capex we know that oh and by the way advertising grew 26 percent year over year 19.8 billion dollars in q2 19.8 billion dollars that is crazy ads agents expanded to 11 new countries i i don't know what to say anymore the fact that people legitimately think ai is fake is crazy it's crazy love that seat maxing with microsoft you should trademark that seat maxing i love it that's awesome and amazon and amazon 276 you gotta like it you gotta respect it i think amd is gonna have great earnings here's the problem with amd and for all you amd bulls don't get mad at me okay please don't get mad at me i love all of you but i think amd is going to take a little breather and i think that amd looks a little expensive on today's numbers but they look incredible on future numbers and there's nothing wrong with that i just think it's going to take a little bit of a breather and it's going to have to grow into the multiple but i don't think it has to go down and it could very well shoot up after earnings i just think that overall i don't think you break out to new highs i think you're going to chop back and forth from around 450 to 550 for a little bit i really do i really do and there's nothing wrong with that it's just it's expensive for today but you know what if you're going to hold amd for 5 10 years i think you're going to do really really really well and i wouldn't go 200 stock i think the growth warrants the price it's at i just don't think that it can go that much further unless they slaughter earnings they need to slaughter earnings and they need to absolutely raise guidance now look qualcomm i started talking about a 135 and i said qualcomm is a five to ten year play qualcomm's profitability is way more than amd's qualcomm is also in my mind not going to do anything until 2028 and 2029. they need their cpu server chips to come out because meta and microsoft are already committed to multi-generational chips for the ai servers that's going to be the next big thing for qualcomm along with car automotive connectivity for full self-driving they lost the modem from apple which is weighing down the stock right now but that doesn't mean qualcomm's a bad company qualcomm can absolutely do well in the future if the guide for amd is nuts it can probably go to 600 it probably can i wouldn't listen i wouldn't hate it if they come out with a great guide yeah they probably will go up i mean i'll tell you this how about matt money thinks he's better than us how about that let's not say i think i'm better than lisa sue lisa sue is a rock star and lisa sue could be a top five ceo i said it could be top five ceo she is incredible incredible oh i didn't see this i apologize i don't know i i don't have a price target for so fine okay i i don't that's not how i invest i'm not going to come out with a price target i think so if i is a bigger company in three years from now i think they continue to compound earnings and eventually i think that the earn the share price will follow earnings look i know they put out 12 cents of eps i get it people are mad cool i'm not do i know something sure they put out 14 cents in q4 they put out 13 cents in q1 they had taxes go up on them they had stock-based comp guess what they got it for 60 cents plus this year what does the math do oh huh we do 25 i'm sorry i can't add 27 cents no i'm sorry 25 cents in the first half of this year well to get to 60 cents you need another 35 cents that's an average of what oh 17 and a half cents a quarter for the next two quarters that's called compounding on an annual basis so if i will continue to compound earnings on an annual basis and guess what i am thrilled thrilled that they diluted in the mid-20s thrilled you want to know why they diluted at a much higher share price than they're at today they are able to invest that in a tremendous amount of loans when loans are yielding much more right now they can either hold them on the balance sheet and juice the net interest income or sell them at a healthy profit this is sofi is not something where i care about the share price on a day-to-day month-to-month basis i am in sofi unless nodal two things need to happen for me to get out nodal needs to leave or the business fundamentals need to change otherwise i'm in sofi for 10 or 20 years and i'm not worried about being at 14 don't care don't care well you should care about loans because they make a tremendous amount of money on loans i mean i don't know why people get mad at a company that just grew 40 percent year over year i mean sofi's numbers are so damn good like i almost feel like people didn't really go through the quarter because of how good the loan the entire quarter was tim sweeney and i went through it if you want to go through what we discussed or i can break it down for you i don't know how much you want to really go through sofi or not but i will put it in the chat you want me to go down the sofi rabbit hole i'm happy too but i don't know if everybody really wants me to or not and hood did an incredible quarter this is not hood versus sofi because i think hood's going to be incredible i think hood is going to become one of the largest financial institutions in the market over the next 10 years i really did oh right the you know what breaks my brain these people break my brain uh covert big bet anyone can vibe code sofi i hope you're trolling because you know what sofi is a nationally chartered bank governed by the occ if i raised you 10 million dollars to pay pay for all the tokens you're never getting a national bank charter you can't vibe code sofi what are you talking about it's impossible and i never talk in absolutes a camp vibe code in an actual bank sorry like come on come on that's ridiculous now that boils me and i actually feel like i feel like people actually believe that i actually feel like people believe this it's ridiculous uh did i just get rage baited ah alec thank you very much shira thank you thank you very much you think palantir and amd both run next week given their inverse relation lately i think palantir's got a better chance of running than amd but i think they can both run given where the market looks like it's going and if guidance is great on both but if i had to pick one i would pick palantir ori thank you very much yes 93 percent year-over-year increase is my guide for the quarter that's what i put in the video that's what i put out i'm probably going to do an x post about it later tonight before i go to sleep but that is where i am at and you know what fight a sunday may be what i need on a sunday with the whipped cream and the cherry on top some colored sprinkles maybe some caramel hot caramel that may be a good idea you want to know why one of my favorite tv shows is back tonight do you know what came back to tv tonight which i am going to sit down and watch later anyone bueller bueller first one to get it may or may not win a prize hot caramel not hot fudge i want hot fudge i'd have chocolate ice cream but i guess that's not fair is i didn't define what ice cream yes you got it lioness it's back episode one if you're not watching lioness on paramount i don't know what you're watching this show is incredible it is incredible oh my god this show is amazing i got put on to it maybe four months ago five months ago by somebody it is so damn good oh oh paramount has some fire tv shows we need land man to come back we need land man to come back i am watching my sugar i am i'm not having a sunday as much as i want them i'm actually off sugar right now unfortunately why are you saying why are you asking if i'm a middle-aged woman do you even understand what lioness is go watch the first episode i think that you'll be surprised it's got an incredible cast also and we got reacher coming back this month man we got some stuff coming back we got some stuff coming back vibe code had to get out of time out that's pretty funny hollis wait to oh hold on a sec i don't want to uh show because i think my email address is in there but i'll make a thing on x hollis i am at 1.2 billion tokens in the past two uh past week and a half two week and three quarters 1.2 billion tokens i used 584 million tokens today can you believe that 584 million tokens today and that was just on open ai's chat gpt that didn't even include claude i am what you call token maxing oh oh getting after it ladies and gentlemen getting after it getting after it am i doing the next matrix no i am not no i am not i am actually building something i'm going to show everybody i'm not ready to show it now i'm not ready to show it now i may be ready to show it in a week or two it'll be ready for football season it will definitely be ready for football season and you're gonna have to watch basis points to find out what it is i just don't know which episode i said it on we shot a bunch of stuff it'll be in one of the next episodes it'll come out so watch basis points austin you know it man the hyperscalers depend on me they depend on me i'm trying to do my part i'm trying to do my part okay i'm trying to help out these companies i'm trying to token max i'm putting in the work core weaves 73 50 it's the least i can do owning the portfolio of individual companies that i own if i'm not token maxing who is who is amd 486 95 palantir 125 30 we're getting after it crowd strike 193 did draft kings respond to me yet does anybody know i actually want to see if they responded yet when i tell you i'm at war with draft kings i'm not kidding you i'm at war with them like i am so mad that they put that out what is this in my axe that sounds so bad dude unbelievable look at look at that i don't know if you guys care about this this is some fire right here from card alpha that's some fire right there i'm gonna have to repost this the inception judge auto patch rpa oh my god the immaculate rpa three out of five the inception with the button what is going on here what is that an arch manning that's some fire that's some absolute fire incredible i'm gonna have to repost that later incredible i don't think uh whatchamacallit i don't think draft kings are going to respond to me they probably didn't like my post no draft kings doesn't want to play it's okay it's all right they can disagree i mean putting on a team that didn't even win 100 games and saying that they have one of the best pitching rotations of all time bs bs and bs i mean the yankees won 114 games and the world series that year don't disrespect the 98 yankees they're probably the greatest team in baseball history point blank like who does draft kings think they are i don't get it i don't get it i did not see the odyssey yet it's on my list of things to do i did not see it yet i need to i'm slacking all right i'm slacking all right nebius 197 sandis 1251 getting after it bloom energy making a move bloom energy making a move 211 i'll tell you this after going through bloom's earnings and looking at the forward trajectory i am so bullish bloom it's not even funny i'm not a shareholder but i'm bullish and look at this my oh my core weave 73 45 i like it oh so good so good let's see where we are in the stock combine hollis i'm with you listen the 98 yankees right now in my opinion are the best team in baseball but this dodgers team could end up being the best team in baseball history i'm with you and you know as a yankee fan with a crazy rivera jersey hanging above me for me to say that shohei otani is the greatest baseball player of all time lets you know how unbiased i am when i make statements because i am a die-hard yankee fan and i am saying shohei otani who is not even halfway maybe he's halfway through his career he's a great he could stop today he's the greatest baseball player that ever lived hands down point blank nobody can argue it what he did in the world series last year you don't do you don't pitch what he did and hit three home runs he's the greatest player of all time period period and freddie freeman is the people's champ freddie freeman's amazing yeah barry bonds is the greatest hitter of all time barry bonds never won a championship bonds is not the greatest player of all time bonds is the greatest hitter of all time greatest hitter of all time does he deserve to be in the hall of fame oh you bet your bottom dollar he does he should have been a first ballot unanimous hall of fame he's not the greatest player of all time sorry he's not yeah bonds is incredible i mean this is a record that will never get broken bonds's record think about this ken bonds is 760 to get broken or whatever he hit yes how likely is it it's probably unlikely this is a record that's going to stand for a hundred years plus okay 10 strikeouts and three home runs in a playoff game is a record that will stand for a century it's not happening again it's not happening how did this turn into a baseball conversation let's go to the stock combine let's see how smoked i'm getting let's see if there's any deals i can pull off omit shot me down i i went and tried to trade them taiwan semi for bloom energy he wasn't having it all right matt is in the lead then tanner then me then chris then omit then jason not good we are not doing good and i actually i actually made a comment to a couple of people today and i'm going to try to get this to fly i want to do a new stock draft on january 1st and run two of them and when this draft ends in june not do it again that way every year we go on a true annualized basis and i think that's a better time frame so i'm going to try to get that through but i couldn't get a mitt to give me bloom he's down uh 37 on bloom i couldn't get him to give it to me i wanted bloom maybe he'll give me reddit maybe i can pry reddit out of his hands but he just bought more reddit shares so i don't think he's going to want to give it up how how are my individual well i did i didn't want to uh play that i wanted to actually go to there we go all right who would have thought salesforce would have been my best pick so far the three companies well chris may have taken salesforce nobody was going to take zeta or baba nobody i actually got worried at the ends that somebody was going to try to take zeta believe it or not i actually got worried at the ends man mp and core i'm not worried about core wave the only company i'm worried about to be honest is mp i think mp is uh may give me some trouble we'll see we'll see not on the handball court absolutely not absolutely not not me not this guy not this guy and then we have the cost be plunging five percent it's okay i got i am seriously not worried about it at all i am seriously not worried about it mp will do okay but it may take longer than the year for the draft for it to do do okay so tomorrow we got palantir we got amd the uh amd is what tuesday wednesday we'll see what happens if you want the full earnings earnings calendar austin's got it oracle looks good i am excited for oracle i think oracle is undervalued i think that they have tremendous amount of potential that's getting overlooked so i am super excited for them and zeta after the bell austin are you a zeta bull i actually don't know i've never asked you are you a zeta bull i'm gonna have to get you to come on at some point and talk about google one of these nights i gotta get you on to talk about google and some other companies you're moving to myc on thursday what part of myc mr in between was okay i do not own any cyber security i did own uh fortinet but i got called out of it no i canopy street i get it manhattan but what part like uh hell's kiri koreatown east village tribeca the east side west side i mean like let me know like an area lower east yeah there's a lot of good places lower east i mean i'll tell you this tremendous amount of steakhouses benjamin's is one of my favorite on uh 41st and park i'm not sure how low you're going on east i mean you're probably talking 50s or 60s oh murray hill awesome love murray hill if you're in murray hill you ever go to uh tudor city steakhouse nobody knows about that place it's incredible oh it's incredible incredible am i worried about japan no i am not i am not worried about japan one bit and lena i think zeta is a triple beat i think they beat on the top they beat on the bottom and i think they raise guidance i think that this palantir deal and the fact that steinberg was at the palantir event zeta global in october i think is going to blow the doors off of everybody what they do tudor city steakhouse is awesome nobody knows about nobody goes there oh nobody i know goes there it's always busy for dinner it is unbelievable yeah it's off of um tudor city steakhouse is not off of third ave it's off of you gotta go second avenue and 43rd so if you're walking up second you make a right on 43rd and you actually go up into tudor city i don't know the streets right across from the park up there and it overlooks the east river it's unbelievable the food unbelievable i don't have a favorite space stock if spacex gets lower lower lower i'll start buying but i wouldn't be interested until like 60 to 80. something like that yeah i got a lot of hope for bmnr we need clarity axon we need the clarity axon but look i'm still bullish on crypto i'm bullish on ethereum so bullish bmnr i started to look into voyager nick uh convinced me to start looking into it i actually like the prospects there's too many things on my list to start buying though that's the problem but i do think voyager is a good long-term play other side of what bet oh the clarity act i mean we'll see yeah mastercard's great company i i'd be long mastercard regardless i mean it'd be pretty hard not to be long mastercard right what am i looking at right now core weave oracle i'm looking at data center stuff i'm looking at energy stuff bloom energy more energy transfer we need more natural gas i'm actually really liking next right now so i will say this about new york city when you live in new york city you get used to everything but when you go outside of new york city you realize like how different the air is i think nuclear is going to be incredible i just i haven't done enough due diligence on it but we need nuclear quickly china is absolutely crushing us on the bottleneck of energy because they don't have any red tape they are just plowing away at building nuclear reactors ura is a definitely a good idea for just buying the basket yeah new york city is going to be way different than california i can tell you that nyc is much different than what i experienced in la i like vertive i think vertive is a great company yeah nat gas stocks are doing well i mean listen i think pipelines are very undervalued here i really like enterprise product partners and our energy transfer and kinder morgan oh i will tell you venice beach was beautiful oh my god i like vj i like vj i'm in it oh spacex should acquire t-mobile tomorrow they should absolutely acquire t-mobile and i think that that would make the most sense for them why would you move to new york city from laguna beach isn't laguna beach beach beautiful like i've seen pictures of it looks it looks breathtaking unless you're moving for work i i don't i don't get it my cousin lives in newport beach and i mean it's just i don't know everything i've seen of those areas just looks amazing spacex to me could look attractive at like 60 bucks i don't even know i think the price guys still look overvalued i don't know i need to come to dallas i need to come to texas and go to terry black's okay i need that barbecue i need that barbecue in my life broadcom i love broadcom i'm a big broadcom fan i think broadcom is going to do really well with all the uh tpu deals that they've done i think they're just going to do great it's going to be very hard not for brook i'm not to do great in my that's going to do great in my opinion i you know position sizing that's subjective to your account i can't help you there oh man brook i mean broadcom i think qualcomm is undervalued and i think qualcomm is going to do well in the future but there's no way that i could pick qualcomm over broadcom that'd be crazy talk that'd be legitimately crazy talk crazy can palantir go plus 35 maybe listen if palantir puts up 100 growth and crosses the guide i'm sorry take what i said out it's going to 175 they do some like that i mean that would just be insanity insanity i want to go to terry blacks i want to michelle and ray said they would take me okay and matt money is invited also like we gotta go we need a dallas meetup so i can get barbecue cart may is probably going to talk about sovereign ai tomorrow i would not be surprised that earnings call is going to be crazy tomorrow i can't wait i cannot wait and if you want i'll link the prediction video that i did in the comments give me a sec where is it where is it here it is let me get a link for you all right the palantir prediction video is right here you want to watch it i break down all the numbers go watch it and we'll see what they do tomorrow we'll see how close i come i mean 93 percent is not an easy feat we'll see if they do it we will see i mean austin we don't want dr car flying commercial okay we need him protected we need him with dev crew rolling around all right i i kind of don't care what they spend on security concerns for dr carp to be brutally honest with you he needs dev crew with them at all times torshi thank you very much thoughts i don't care about the cosby i really don't care the problem is here here's the problem a lot of people are going to disagree with what i'm about to say but really before you bash me please no no no no no no no you want dev crew not secret service no disrespect to secret service you want dev crew anyway the reason i said i don't care about the cosby the u.s market micron can go down by 20 percent and not impact the overall market to a large degree unless everything else sells off at all also the problem is sk and samsung are what 40 45 of the south korean market like i'm not no no no i i don't care about these overseas markets because they are represented by such a small amount of companies that i care about and their earnings is nowhere near proportional thoughts on bagged milk there are are no thoughts a sac religious sac religious [01:29:45] Speaker ?: there are no thoughts a lot of companies that i don't care about that [01:29:53] Speaker 1: all right everyone we're going to call it thank you everybody for being here i appreciate it do me a favor if you enjoyed the stream please subscribe to the channel you'd be surprised how many people um we have new news hold on we have new news don't go anywhere hold on clarity act vanishes from s from monday's senate schedule triggering 72-hour countdown to save it before recess oh no monday's schedule lists only a spending bill vote with no hr 3633 on digital asset market clarity act action that does not kill the crypto market structure bill but it leaves leaders without a publicly listed floor path austin looking pretty damn smart right now taking the other side of that bet anyway thank you everybody for being here really appreciate it enjoy the rest of the evening go watch lioness if you haven't started the series it's awesome you won't be disappointed and i'll see everyone tomorrow at 11 30 a.m thank you so much really appreciate enjoy the rest of the evening