We Talk Money
Why Stocks are Ripping & Bitcoin is Playing Catch-Up
May 16, 2024
Exploration of GPT-4O technology, GME and AMC surges, market manipulation speculations, Biden's tariffs on Chinese EVs, rising prices' impact on the economy, crypto trust and innovation, navigating RSUs and wealth management.
01:05:24
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Quick takeaways
- Discussion on impact of meme stocks like GME and AMC and potential short squeeze in the market.
- Advancements in AI technology with the launch of GPT-4O and its implications in various fields.
Deep dives
Stock Market and GME Speculation
The podcast discusses the recent fluctuations in the stock market, focusing on the impact of meme stocks like GME and AMC. Speculation surrounds whether the market is at the start of another major short squeeze or if it's approaching the end. Additionally, there is discussion about the potential involvement of key figures like Roaring Kitty in influencing market trends and the formation of investment committees within companies like GME.
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