The Joseph Carlson Show

00:00 Overview01:44 Netflix Earnings08:00 Tesla Earnings13:45 Amazon Replacing 600,000 Jobs22:40 Fail Of The Week: NBA Coach Bets His Life

00:00 Overview02:00 OpenAI Releases AI Browser13:10 Salesforce Stock Surge15:00 Equifax Earnings18:45 Warner Bros Sale21:50 Netflix Future23:15 Fail Of The Week: Amazon

00:00 Overview02:00 New Buys Today14:30 Salesforce Dreamforce16:50 Sundar Pichai Interview27:30 Fail Of The Week (Grant Cardon)

Delve into ASML's impressive earnings and stock surge, with insights on why the company's growth strategy is a game changer. Explore the intriguing question of whether we're in an AI bubble, featuring Brad Gerstner's expert perspectives on valuations. Discover the concept of agentic commerce and its potential to transform industries. Exciting news about Waymo's London expansion and Salesforce's partnership with OpenAI rounds out the discussion, leaving listeners with a sense of what's next in tech.

00:00 Introduction02:00 Top 5 AI Winners21:30 Broadcom OpenAI Deal24:30 Tom Lee Remains Nvidia vs Costco23:30 Fail Of The Week

The podcast dives into the concerns surrounding circular financing in the AI industry. It explores how interconnected deals among major players like OpenAI, NVIDIA, and AMD may inflate revenue misleadingly. Joseph discusses the implications of these partnerships and compares them to the dot-com bubble strategies. Insights from Jeff Bezos about focusing on fundamentals over stock prices are also highlighted. The episode wraps with cautionary advice on investing sensibly and questioning unrealistic income promises.

AMD stock price surges, Paul Tudor Jones warns we're in a 1999 bubble, and we discuss how to make a portfolio defensive.

Market analysts express worries over irrational valuations as JP Morgan warns of slowing growth and rising inflation. ASML hits an impressive milestone above $1,000, prompting discussions on whether to hold or trim big winners. Elon Musk stirs controversy with a Netflix boycott, raising questions about subscriber behavior and the streaming giant's response strategy. Meanwhile, Microsoft flexes its pricing power with a significant Game Pass hike, and FICO's new direct-to-consumer approach puts pressure on Equifax.

Dive into the exciting world of hedge fund investments as Spotify, Uber, and Google take the spotlight. Discover why Spotify is touted as a top position and the potential boom in spoken word content. Unpack Spotify's strategy to dominate audio with its attention-first model and learn how a recent court ruling might supercharge its growth. Explore Uber's marketplace benefits and the intriguing debate on autonomous vehicles. Finally, uncover the secrets behind Google's AI advantage and why its stock valuation is looking promising.

The discussion kicks off with insights on the overvalued market, emphasizing the need for caution. Joseph highlights five undervalued stocks worth considering, starting with S&P Global's growth potential. Amazon's strong revenue streams and low P/E ratio follow, alongside Adobe's aggressive buybacks and steady performance. Constellation Software's acquisition strategy is also examined, and Copart is presented as a tempting opportunity despite recent declines. Additionally, the impact of EA's going private and the wacky concept of paying for baby naming are humorously critiqued.