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Ed Elson

๐Ÿ‘ค Speaker
6546 total appearances

Appearances Over Time

Podcast Appearances

Prof G Markets
What the AI Scare Gets Wrong

So all of these other stock markets, I mean, they are outperforming.

Prof G Markets
What the AI Scare Gets Wrong

And you can get up there on the stage and you can say, look at the stock market, we're doing well.

Prof G Markets
What the AI Scare Gets Wrong

But as we all know, all of this stuff is relative.

Prof G Markets
What the AI Scare Gets Wrong

When you compare us to the rest of the world, we're actually not doing so well, which is surprising because you would think that if we own all of the AI companies, which we do,

Prof G Markets
What the AI Scare Gets Wrong

Why aren't things going well?

Prof G Markets
What the AI Scare Gets Wrong

And I think it's to your point.

Prof G Markets
What the AI Scare Gets Wrong

The capital flows are adjusting.

Prof G Markets
What the AI Scare Gets Wrong

People are rotating out.

Prof G Markets
What the AI Scare Gets Wrong

People are looking for an excuse to sell these companies and to get into something else.

Prof G Markets
What the AI Scare Gets Wrong

And that's a real problem for him and for Americans.

Prof G Markets
What the AI Scare Gets Wrong

I didn't.

Prof G Markets
What the AI Scare Gets Wrong

Name drop him and ruin his campaign.

Prof G Markets
What the AI Scare Gets Wrong

We'll be right back.

Prof G Markets
What the AI Scare Gets Wrong

And for even more markets insights, sign up for our newsletter at profgmarkets.com slash subscribe.

Prof G Markets
What the AI Scare Gets Wrong

We're back with Profiteer Markets.

Prof G Markets
What the AI Scare Gets Wrong

Netflix has dropped out of the Warner Brothers Discovery bidding war.

Prof G Markets
What the AI Scare Gets Wrong

That clears the path for Paramount to make the acquisition just days after submitting a revised $111 billion offer.

Prof G Markets
What the AI Scare Gets Wrong

Warner Brothers gave Netflix four days to counter, but the company declined, saying the deal was, quote, "'no longer financially attractive.'"

Prof G Markets
What the AI Scare Gets Wrong

The transaction will still need regulatory approval, but for now, Paramount has come out on top.

Prof G Markets
What the AI Scare Gets Wrong

On the news, Warner Brothers stock fell 3%, Paramount climbed 7%, and Netflix popped 10%.