Prof G Markets Nvidia’s Blowout Earnings & Stock Split + Britain’s Damaged Economy
9 snips
May 27, 2024 Nvidia's astonishing earnings and stock split steal the spotlight, signaling excitement in the AI market. The hosts dissect the implications of this financial triumph and its sustainability amid growing competition. Meanwhile, they reflect on the UK's troubled economy and the upcoming election, highlighting post-Brexit challenges. Cultural contrasts between the US and the UK also arise, illustrating different attitudes towards success and innovation. It's an engaging exploration of economics, technology, and cultural insights that will keep listeners intrigued!
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Alexa Gets Smarter
- Amazon is launching a new, more conversational version of Alexa with generative AI features.
- This marks a resurgence of voice technology, which has struggled in recent years.
Retailers Diverge
- Walmart's sales rose, while Target's fell; both are cutting prices to attract inflation-wary shoppers.
- Walmart's success may be linked to its focus on groceries, which comprise 60% of its U.S. sales.
Hims & Hers Disrupts Weight Loss
- Hims & Hers will offer GLP-1 weight loss injections at a significantly lower price than competitors.
- This is possible due to a regulatory loophole allowing the sale of compounded versions of drugs in shortage.