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Prof G Markets
Ozempic Bites McDonald’s, Trump’s Bitcoin Promise, & A Tesla Bull Makes His Case — ft. Dan Ives
Aug 1, 2024
Dan Ives, Managing Director at Wedbush Securities and tech sector expert, shares insights on Tesla's current challenges and its market potential. He argues that Tesla is more than just a car company amidst skepticism over its projections. Ives also highlights Google as undervalued in the tech landscape and praises Palantir as a leading AI company. The discussion dives into the intersection of politics and cryptocurrency, emphasizing how public figures navigate this evolving landscape while consumer behaviors shift.
53:48
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Quick takeaways
- McDonald's first sales drop in four years highlights shifts in consumer behavior towards higher prices and dining at home.
- Dan Ives emphasizes Tesla's resilience during its 'gut-check' moment and identifies Google as the most underrated stock among the Magnificent 7.
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