The Return of Meme Stock Mania? & New ChatGPT Talks to You
May 14, 2024
30:00
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The podcast discusses the resurgence of meme stock mania with GameStop shares, the introduction of ChatGPT that can now listen and talk back, Melinda Gates' departure from the Gates Foundation, a potential sriracha shortage, the rise of veneer techs on social media, and how McDonald's overcame challenges from 'Super Size Me' documentary.
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Quick takeaways
The resurgence of meme stock mania with 'Roaring Kitty' influencing GameStop shares again, hinting at a possible part 2.
OpenAI introduces ChatGPT model capable of listening and engaging in conversations, posing a challenge to existing voice assistants.
Deep dives
Robinhood's Innovation in Finance
Robinhood revolutionized investing with Commission-Free Stock Trading and continues to offer innovative financial products like IRAs, ETFs, and options for traders. Their focus on empowering users to secure their financial future has reshaped the investment landscape.
Top Baby Names Trends
The Social Security Administration's list of popular baby names in 2023 revealed Liam and Olivia as top choices. Mateo surged into the top 10 as the only new entry. Notable shifts included a decline in Taylor's popularity despite cultural significance and Khaleesi's enduring appeal post-Game of Thrones.
GameStop's Stock Surge
GameStop's stock soared, driven by a tweet from Keith Gill, aka roaring kitty, sparking a 74% increase. Though not backed by fundamental changes, the stock's rally reflects retail trader enthusiasm. While short squeeze levels remain lower than 2021, heightened trade volume indicates continued market interest.
OpenAI's Human-Like Voice Assistant
OpenAI unveiled GPT-40, a voice assistant reminiscent of 'Her,' offering expressive conversational abilities and real-time language translation. The AI's human-like latency and versatility pose a challenge to existing voice assistants like Siri, potentially reshaping the tech industry's future landscape.
Episode 322: Neal and Toby discuss the surprising return of ‘Roaring Kitty’ which triggered another surge of GameStop shares. Is this meme stock mania part 2? Then, OpenAI unveils its newest ChatGPT model that can now listen and talk back to you. Also, Melinda Gates is leaving the Gates Foundation for good to start her own philanthropic journey. Next, a halt in sriracha production has hot sauce lovers worried of another shortage. Meanwhile, veneer techs are all over social media but does that mean you should go to these low-cost specialists? Dentists don’t think so. Lastly, how McDonald’s ultimately came out on top after the 2004 documentary ‘Super Size Me’ tried to take it down.