Tyler Crowe

I want to go around the room here and see what were your biggest takeaways from this earnings report.

This past week, I would say, the day that Nvidia reported aside, there's been some, I would say, larger-than-usual drops in stock prices for some of the big tech companies and, by default, the broader market, because the top 10 companies make up such a large portion of the broader market these days that they're going to pretty much move the market where they see fit.

We, as investors, like the three of us, Motley Fool, we continue to believe that as long as the thesis of an investment is intact, investors are best off just buying the stock and sitting on their butts.

Charlie Munger said something different, but I don't want to get in trouble with my producers.

The thesis-altering item, if the thesis does change, it seems like it would be spending on Nvidia chips and all the supporting infrastructure that we've seen over these past quarters and maybe a year, two years, three years.

You could say that if it's being done in this arms race to control the most chips and things like that, instead of

being allocated as the best place to make a return, that would seem like it would be thesis-altering.

That is the thesis to say that we're in a bubble.

I'm going to bring it back up again, because we bring it up so many times, and it gets discussed so much in financial media these days, is the obligatory bubble question.

To each of you, does this most recent Nvidia earnings report ease your concerns about a potential bubble or exacerbate them?

One sector that I think really wishes they could get some of that trillions of spending going on is the housing industry.

Coming up, we're going to do some earnings reports from the home improvement sector.

David Gardner Of all the retail companies out there, Home Depot and Lowe's are, in my opinion, some of the most fascinating to follow.

Not because they put up weird surprises from quarter to quarter, like, surprise, you didn't know this was coming.

But more, in my view, it gives us a unique window into the housing market.

They are the two largest home improvement retailers.

The third

I don't even know if I could name the third, and who is the trailer behind these two companies, because they are almost a duopoly.

Both Home Depot and Lowe's reported earlier this week.

Like the prior quarter, the thesis that we're still in a weak housing market still seems to be holding up with tepid housing sales, tepid issuance of second lines of home credit for home improvement, and things like that.