Goldman Sachs Analysis on AI Impact

Join us for a discussion with Barry Ritholtz and Michael Parekh as we explore the current state of the markets, the impact of EU regulations on big tech and small businesses, and the debate around data ownership and fair use in the AI era. We dive into why all-time highs are bullish signals, the challenges facing small-cap companies, and how AI investments today compare to previous tech revolutions.

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Skip Ahead:

(00:00) Introduction and Wimbledon experience

(05:25) JC on NASDAQ100 vs S&P500

(09:18) Goldman Sachs in the 90s vs today

(11:45) Excel’s impact on the financial industry

(13:32) All-time highs

(15:30) Biotech and small cap performance

(17:37) Unprofitable companies in different market cycles

(19:42) The value of the "Magnificent Seven" tech stocks

(21:25) The changing dynamics of the luxury market

(27:40) Ferrari as an indicator for the consumer 

(32:10) What could change the current bull market?

(34:00) Financials making all-time highs

(35:40) What’s making us nervous

(39:00) Politics and markets

(45:40) EU regulations and their impact on tech companies

(52:41) AI and the debate over data ownership

(56:40) Goldman Sachs report on AI investments

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Referenced:

• Wimbledon - https://www.wimbledon.com/index.html

• Matteo Berrettini - https://www.instagram.com/matberrettini/?hl=en

• Michael Batnik - https://x.com/michaelbatnick?lang=en

• Goldman Sachs report on AI investments - https://www.goldmansachs.com/intelligence/pages/gen-ai-too-much-spend-too-little-benefit.html

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Thank You To Our Guests:

• Barry Ritholtz - https://ritholtz.com/

• Michael Parekh - https://www.linkedin.com/in/michaelparekh/

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Where To Find Howard and Friends:

• Howard Lindzon - https://stocktwits.com/howardlindzon

• JC Parets - https://stocktwits.com/allstarcharts

• Phil Pearlman - https://stocktwits.com/ppearlman

• Production and Marketing - https://penname.co/

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Disclaimer: All opinions expressed on this show are solely the opinions of the hosts’ and guests’ and do not reflect the opinions of Stocktwits, Inc. or its affiliates. The hosts are not SEC or FINRA registered advisors or professionals. The content of this show is for educational and entertainment purposes only. Please consult with your financial advisor before making any investment decision. Read the full terms & conditions here: https://stocktwits.com/c/uncategorized/2024/02/21/stocktwits-newsletter-disclaimer/