Squawk on the Street SOTS 2nd Hour: Tesla Deliveries, Dan Niles' Top Tech Picks, & FICO's Big Changes 10/2/25
4 snips
Oct 2, 2025 Dan Niles, founder of Niles Investment Management and tech investing expert, shares his surprising market outlook and top picks, urging investors to ride the current bullish wave. Paul McCulley, former PIMCO economist, discusses how delays in government data could ease Fed pressure for rate cuts, while also examining the uneven impacts of monetary policy in the K-shaped economy. Additionally, insights into Tesla's record deliveries and Berkshire Hathaway's large acquisition provide listeners with a glimpse of the shifting economic landscape.
AI Snips
Chapters
Transcript
Episode notes
Rate Cuts And AI Fuel Near-Term Rally
- Markets are likely to keep rallying short-term driven by expectations of Fed rate cuts and AI optimism.
- Dan Niles warns this optimism is irrational and will eventually narrow to a few winners.
Pick Market Leaders For AI Exposure
- Focus on high-quality tech leaders if you want AI exposure instead of broad speculative bets.
- Dan Niles recommends Amazon and NVIDIA as his top short-term AI plays.
Don’t Fight The Market’s Animal Spirits
- Fighting a market trend during a speculative surge is costly even if fundamentals diverge.
- Niles says use the run-up to your advantage but expect a sharper reset later.