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Zaid Admani

๐Ÿ‘ค Speaker
3987 total appearances

Appearances Over Time

Podcast Appearances

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

And that led to brutal airport wait times at airports across the country.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

That wait time probably scared away some flyers who probably chose to drive instead.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

And as a result, Avis was a benefit.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

Now, there still is a partial government shutdown, but President Trump did sign an executive order over the weekend to pay TSA agents.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

That's taken some air out of the Avis trade, and traders are probably cashing in on the massive run-up from last week's run.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

Shares of Avis are down around 7% this morning at the time of this recording.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

Let's wrap the show with a fun fact.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

Sony is raising the prices of the PS5 again.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

Prices of all the PS5 models are going up.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

The digital version is going from five hundred dollars to six hundred dollars.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

The disc version is going from five fifty to six fifty.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

And then the PS5 Pro is getting the biggest price increase, jumping from seven fifty all the way up to nine hundred dollars.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

You know, what's crazy here is the PS5 first launched five years ago for $400, and usually consoles get cheaper over time.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

But instead, Sony has hiked the price of the PS5 twice in the last year.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

Sony is blaming the rise in memory prices for the price increase.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

See, prices of RAM has skyrocketed recently because of all the demand from AI data centers.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

So yeah, essentially AI is raising the prices of video games.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

These price hikes will go into effect on April 2nd.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

So if you've been on the fence of buying a PS5, it might be the best time to do so right now.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

Well, all right, guys, that's the rundown for today.