Brian Stewart

In the first wave, it was the NVIDIAs of the world and sort of the pickaxe and shovel type companies for this gold rush. And now we're moving into the companies that are actually putting it into effect in these products and the sort of productivity and upgrades that it can give to customer UX and based on AI. And so I think Palantir has become sort of the spotlight company for that.

And I think it's getting a lot of the money that's come out of some of the chip makers and the other first wave AI winners. Some of that money that's being trimmed out of those is moving into Palantir.

And I think it's getting a lot of the money that's come out of some of the chip makers and the other first wave AI winners. Some of that money that's being trimmed out of those is moving into Palantir.

And I think it's getting a lot of the money that's come out of some of the chip makers and the other first wave AI winners. Some of that money that's being trimmed out of those is moving into Palantir.

Just looking ahead to next week, the earnings calendar is starting to slow down. There's still a fair number of reports coming out, but the biggest names are kind of off the table at this point. If you're looking for kind of a highlight for next week, I think Walmart. is going to get a lot of attention. It's sitting at 52-week highs recently. It's up 83% in the past 12 months.

Just looking ahead to next week, the earnings calendar is starting to slow down. There's still a fair number of reports coming out, but the biggest names are kind of off the table at this point. If you're looking for kind of a highlight for next week, I think Walmart. is going to get a lot of attention. It's sitting at 52-week highs recently. It's up 83% in the past 12 months.

Just looking ahead to next week, the earnings calendar is starting to slow down. There's still a fair number of reports coming out, but the biggest names are kind of off the table at this point. If you're looking for kind of a highlight for next week, I think Walmart. is going to get a lot of attention. It's sitting at 52-week highs recently. It's up 83% in the past 12 months.

So in a lot of ways, it's been trading like a growth stock, even though there couldn't be a more stable establishment.

So in a lot of ways, it's been trading like a growth stock, even though there couldn't be a more stable establishment.

So in a lot of ways, it's been trading like a growth stock, even though there couldn't be a more stable establishment.

Yeah, right. But yeah, there's been sort of... a rush into Walmart. It was not even a rush, it's sort of a steady drip, drip, drip over the last 12 months. And I think that's partly the same kind of Coke McDonald's value play, the expectation that inflation is going to drive people to lower price alternatives. Walmart's also getting a lot of credit for its e-commerce gains.

Yeah, right. But yeah, there's been sort of... a rush into Walmart. It was not even a rush, it's sort of a steady drip, drip, drip over the last 12 months. And I think that's partly the same kind of Coke McDonald's value play, the expectation that inflation is going to drive people to lower price alternatives. Walmart's also getting a lot of credit for its e-commerce gains.

Yeah, right. But yeah, there's been sort of... a rush into Walmart. It was not even a rush, it's sort of a steady drip, drip, drip over the last 12 months. And I think that's partly the same kind of Coke McDonald's value play, the expectation that inflation is going to drive people to lower price alternatives. Walmart's also getting a lot of credit for its e-commerce gains.

It's making a lot of inroads there and international expansion. One thing to look out for when the earnings come out is whether or not the company is worried about tariffs. Again, it's a large international company. It's low price. kind of strategy is based around getting cheap goods from overseas.

It's making a lot of inroads there and international expansion. One thing to look out for when the earnings come out is whether or not the company is worried about tariffs. Again, it's a large international company. It's low price. kind of strategy is based around getting cheap goods from overseas.

It's making a lot of inroads there and international expansion. One thing to look out for when the earnings come out is whether or not the company is worried about tariffs. Again, it's a large international company. It's low price. kind of strategy is based around getting cheap goods from overseas.

And so if the management there is starting to sweat it a little bit about potential tariffs, I think that would be a sign that other companies might be following in those footsteps.

And so if the management there is starting to sweat it a little bit about potential tariffs, I think that would be a sign that other companies might be following in those footsteps.

And so if the management there is starting to sweat it a little bit about potential tariffs, I think that would be a sign that other companies might be following in those footsteps.

Yeah, I would expect it to emerge in the earnings conference call after it. I don't expect in the press release they'll say anything about it, unless they actually temper financial expectations. Sales growth won't be as strong as we thought because tariffs. But I don't expect that to happen. I think it'll be more, like you're saying, coded.