Tech industry expert Eric Jackson and tech journalist Alex Kantrowitz join the hosts to discuss Roaring Kitty's return, Apple's WWDC, AI powered phones, bear arguments for Nvidia, Tesla drawdown, Elon Musk's future as CEO, and more tech industry insights.
Nvidia's pioneering role in AI showcases its technological advancements and innovative solutions.
The emergence of a Texas-based stock exchange challenges traditional market norms and approaches.
Dell's strategic positioning in AI infrastructure solutions demonstrates growth potential and market value.
Deep dives
Nvidia's Dominance in AI and Computing
Nvidia's significant role in AI and computing is underscored by its leading position, with widespread acknowledgment of its importance and potential. The company's ongoing advancements in technology, including the combination of hardware and software, enhance its innovative AI solutions.
Texas Anti-Woke Stock Exchange Creation
The establishment of a Texas-based stock exchange, supported by investors like BlackRock and Citadel, signifies a notable shift within the financial market. This electronic stock exchange, based in Dallas, challenges traditional market regulations and aims to offer a different approach, reflecting a growing trend of counteracting certain societal norms in financial operations.
Dell's Strategic Position in AI Infrastructure
Dell's strategic value in providing AI infrastructure solutions positions the company favorably in the evolving AI landscape. With offerings encompassing AI servers and storage solutions, Dell stands as a key player in facilitating AI implementation for various organizations, showcasing growth potential in storage revenues and professional services.
ARM's Royalties and Market Potential
ARM's market position, buoyed by rising royalty rates and potential involvement in upcoming smartphone chip technology, highlights its significant role in the semiconductor industry. SoftBank's considerable stake in ARM underscores the company's value proposition and anticipated profitability, with royalty rate improvements and market speculation contributing to positive market sentiment.
Coinbase's Relevance in the Crypto Ecosystem
Coinbase, a major player in the crypto space, remains profitable despite concerns about ETF cannibalization. While institutional clients provide custody fees, the OGs of crypto prefer 24/7 trading over ETFs for liquidity benefits. The retail versus institutional profitability of Coinbase is a standout feature, with OG crypto traders remaining loyal, not following ETF trends.
Elon Musk's Potential Departure from Tesla Leadership
Elon Musk's potential departure from Tesla leadership raises concerns about the company's future. With notable investors reducing Tesla positions, debates on Musk's $56 billion pay package arise. Musk's pivots between ventures like SpaceX and Tesla present challenges, including speculation on his departure impacting Tesla's trajectory. Concerns linger about Tesla's direction and profitability amidst Musk's stretched resources and strategic focus.
On episode 145 of The Compound and Friends, Michael Batnick and Downtown Josh Brown are joined by Eric Jackson and Alex Kantrowitz to discuss: the return of Roaring Kitty, Apple and the WWDC, what an AI powered phone might look like, the best bear argument for Nvidia, the Tesla drawdown, if Elon Musk's days as CEO are numbered, and much more!
This episode is sponsored by Kraneshares. They're doing a webinar on June 11 at 10am ET with former US Ambassador to China under the Trump Administration, Terry Branstad, and former US Ambassador to Singapore under the Obama Administration, David Adelman. Sign up at: Kraneshares.com
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