How PayPal Went from Wall Street Darling to Unwilling Takeover Target
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What headlines kick off this episode and why should investors care?
Welcome to Stock Club, the podcast where we find and discuss stocks that anyone can buy, many of which we believe will go on to grow your wealth. This week, Mike and I are each going to discuss a new Chinese AI model outperforming the giants of America. SpaceX's lockup period, and one of the most shocking stories that I've seen in a long time, which is Stripe's potential acquisition of PayPal, no less. dive in I want to remind you 27th of August is just a few weeks away and we are holding the greatest concentration of the world's most legendary investors anywhere in the world here in Dublin in the market bar it's an all-day event on the Thursday of Food and drink included in the ticket price, but best of all, you will sit beside, close, or in front of legendary investors such as Motley Fool co-founder and the original Rule Breaker, David Gardner.
And just last weekend, last Saturday, I was on a radio show in Ireland here, Bobby Kerr's business show, a news talk. And literally, as I was walking into a studio, I saw a newspaper open on the table on the Irish Times where there was a double page interview with Motley Fool co-founder David Gardner, who, as I said, is our VIP guest. The theme for the event is top three investing ideas for 2027 and beyond from investing masters. And I can say with certainty that you will walk from this event with information. You can action that minute. The stock exchange will still be open in America. And literally the moment you have a brokerage account, as you walk out, you can buy the shares that we will be discussing.
It's not going to be on YouTube. It's not going to be on TikTok afterwards because we believe in the power of real life events. So buy your ticket today, investicon.ie. And if you really want to squeeze for a discount code, email Brian at my wall street. That's M Y W A L L S T.com. Brian is the CEO of investicon and he probably has a few discount codes remaining. Right on with the show. So Mike, how are you this week?
Mighty now, yeah, yeah. All good, no complaints. Sun is shining. Down in Biarritz.
Down in Biarritz, yeah. All good. Mike, we bought you microphones, which we're going to unleash next week. Next week if we're lucky. If we're lucky, if we're lucky. So, folks, if you already enjoy our dulcet tones, they're going to get a lot better from next week. Now, one of the stories you pinged me about yesterday, Mike... was of interest, I think, to everyone in an AI-obsessed year that is 2026. You brought to my attention the fact that a Chinese AI model is now outperforming the big ones that we all have decided are the best. And you said you take a lead on a conversation around that. Talk to us.
Yeah, it's really similar. Do you remember the deep seek sell off from last year?
Yeah. Yeah. There was a lot of hullabaloo about deep seek and I tried and I thought it was a load of baloney. But then again, I didn't exactly pit it against everything in a scientific way.
Yeah, well, this is very similar. Sorry, the initial sound of it is very similar. Well, this Chinese model is delivering similar performance at a fraction of the cost. And everything that the US is doing was kind of unnecessary, overly expensive, and you can do it for a lot cheaper and a lot more efficiently. This is kind of similar. It's definitely interesting. It makes the story a bit more international. So basically what it is, is Moonshot, a Chinese AI startup. It brought out its most recent model last week called Kimi K3. So K-I-M-I K3. And according to the benchmarks, most importantly, according to the benchmarks provided by Moonshot themselves, Kimi outperforms all available AI models except for two, Anthropix Cloud Fable 5 and OpenAI's GPT 5.6 Sol, both of which only came out in the last two months.
So essentially what it's done is it's completely leapfrogged to the top of the list of all AI models out there. It can store more information than all the leading US models. So it boasts 2.8 trillion parameters, which is being described to me, at least from what I've read as an AI model's brain cells compared to that's a pretty much double Claude Opus 4.8, which was released back in May.
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