Discover Nvidia's record-breaking earnings and its AI advancements, despite export restrictions. Delve into Jerome Powell's insights on interest rates and their impact on the economy. Explore Amazon's bold move into the robotaxi industry with its Zoox acquisition. The discussion also covers the complexities of hard money lending and personal finance strategies for small business owners. Plus, a rapid-fire roundup of current market trends keeps you in the know!
41:55
forum Ask episode
web_stories AI Snips
view_agenda Chapters
auto_awesome Transcript
info_circle Episode notes
insights INSIGHT
Blackwell Powers A Massive AI Infrastructure Market
NVIDIA's Blackwell platform is driving a multi-trillion dollar AI infrastructure opportunity over the next five years.
Jensen Huang says Blackwell delivers 3–5x better AI throughput and data center demand is accelerating despite China export limits.
insights INSIGHT
Powell Opens The Door To Rate Cuts
Jerome Powell signaled a policy shift toward supporting employment, leaving the door open for rate cuts as soon as September.
Markets interpreted the speech as dovish and quickly priced in easier monetary policy and higher equity valuations.
volunteer_activism ADVICE
Buy Assets And Dollar-Cost Average
Be a consistent buyer of assets and dollar-cost average into investment accounts like IRAs and 401(k)s.
Focus on owning appreciating assets to protect purchasing power if inflation re-accelerates during rate cuts.
Get the Snipd Podcast app to discover more snips from this episode
In this week's episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz walk you through Nvidia's earnings results, Jerome Powell's recent speech in Jackson Hole, and Trump's new tariff on cheap Chinese goods.
---
✅ Ready to start investing? Open a brokerage account on Public.com/richhabits and get a FREE 1% match on all IRA deposits, transfers, and rollovers!
---
‼️ Have feedback to share? Please let us a comment on Spotify! We're excited to mold these new weekly episodes to be exactly what our listeners want.
---
🚀 Join 680+ fellow podcast listeners inside the Rich Habits Network! Unlock 8 hours of video course work, ask us questions directly, participating in exclusive weekly livestreams, and invest alongside us in pre-IPO deals. Click here!
---
⚡️ Sign up for the Rich Habits Newsletter and never miss a market-moving headline again, click here!