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Michael Batnick

πŸ‘€ Speaker
4111 total appearances
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Appearances Over Time

Podcast Appearances

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

So I wanted to talk to you about this story last week.

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

So this is now stale.

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

It's May 27th, which is like two trading months ago, right?

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

Eight years ago.

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

Yeah, basically.

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

But it's important, and I'm glad that I still have it on the screen.

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

So Robinhood lets customers use AI to trade stocks and make credit card purchases.

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

And this demolished, chart off please, this demolished Schwab, Raymond James, LPL.

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

I asked you, whoa, why are these stocks?

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

I looked up and they were down 11%.

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

I said, what's happening?

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

You sent me this.

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

So, okay, the narratives turn so fast.

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

Two weeks ago, when this was published,

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

We were still in AI is going to kill everything mode.

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

That's the market that we were in, right?

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

And then software had a really powerful balance, like a really meaningful balance.

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

And it was like, oh, I guess like software is a- I have an asterisk on that.

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

Let me finish.

The Compound and Friends
Why AI Momentum Stocks Got Killed, OpenAI's Confidential IPO Filing, Apple Launches Siri AI

And then it was like, well, maybe software isn't dead after all.