Episodios

  • 'You have to stick to your guns a little bit': The AI trade

    'You have to stick to your guns a little bit': The AI trade
    Jul 29 2024
    "You have to stick to your guns a little bit" says Drew Pettit, Citi Director of US Equity Strategy when asked about investor euphoria, market bubbles and AI general: the latter remains one of its top themes. Speaking with Brian Sozzi on Yahoo Finance's Opening Bid, Pettit gets into the weeds on the AI trade saying "structurally we like AI, we think it's a game changer" adding "I don't think people on the buy side know what these companies are gonna look like in 5 years". On blockbuster companies like Nvidia, Sozzi asks Drew if some form of bubble has already burst. For example, what happens if Nvidia blows everyone away with upcoming results and the stock DOESN'T react yet again? "These types of companies need to beat and raise" he says. Look for all this, as well as Drew Pettit's take on the 2024 election cycle, and what he sees as the canary in the coal mine. "No one wants to address deficits" he says candidly. Opening Bid brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. 00:00-Welcome Drew Pettit 00:30-Let's talk euphoria, bubbles and AI stocks 01:06-Simple warning signs 03:05-Don't be over-concentrated 05:20-Has some kind of bubble burst? 07:10-Constructive on fundamentals of Mag7 and AI winners 08:20-Fake AI plays 12:30-Nvidia and why "beat and raise" matter 15:30-Taxes and tariffs 16:40-No one wants to address benefits 19:00-Recession fear: back on? Learn more about your ad choices. Visit megaphone.fm/adchoices
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    26 m
  • Warren Buffett is turning 94 – should you still invest in the billionaire?

    Warren Buffett is turning 94 – should you still invest in the billionaire?
    Jul 26 2024
    Warren Buffett has another milestone birthday coming up – 94 years young. The birthday will inevitably have investors wondering how much longer the billionaire investor will stay atop Berkshire Hathaway as CEO. And when Buffett does step aside, what does Berkshire look like with successor Greg Abel at the top? Will it still be the great company as it has been for eons under Buffett and long-time friend Charlie Munger? Yahoo Finance Executive Editor Brian Sozzi has an in-depth chat with legendary business journalist Allan Sloan, who also happens to be a Berkshire shareholder. The 7-time Gerald Loeb award winner takes listeners inside his decades of covering big stories, Trump, Warren Buffett and what the next generation of business journalists should be doing to find success. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. 00:00-Allan Sloan joins Opening Bid 01:00-Sloan is invested in Berkshire Hathaway. Should you? Shouldn't you? 14:00-Trump the bully 17:30-What's the next business story? 21:00-Advice for young journalists Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Alexander Frangeskides and Rachael Lewis-Krisky. Allan Sloan is an award-winning business journalist, formerly a ProPublica editor at large, formerly a senior editor at large at Fortune magazine and a Washington Post columnist, with a 60 year long career in journalism. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    25 m
  • Ignore the election, fear the short-term AI trade: Mike Wilson

    Ignore the election, fear the short-term AI trade: Mike Wilson
    Jul 24 2024
    It’s a fascinating time in the markets to say the very least. Despite what looks to be a heated presidential contest between former President Donald Trump and Vice President Kamala Harris, stocks continue to trade near record highs. Popular stocks such as Nvidia continue to rock, ditto other important names such as Apple and Amazon. Small-cap stocks have also been on a tear as investors position for a potential interest rate cut by the Federal Reserve later this year. But are we near peak excitement for stocks as numerous risks mount? Yahoo Finance Executive Editor Brian Sozzi goes one on one with one of Wall Street’s most influential strategists, Morgan Stanley chief investment officer Mike Wilson. Wilson hasn’t shied away from making bold calls throughout his career, predicting the 2022 market pullback and countless other key turning points for stocks. Recently, Wilson told the investing world a sharp pullback in stocks could be coming as nervousness grows around the presidential election. Sozzi and Wilson decode that big call, and dive deep into the best way to play the market this summer and into the fall. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. 00:00-Mike Wilson joins Opening Bid 04:40-Election cycle is less important than business cycle 07:00-Evaluating Fed cuts 13:00-What a 'rolling recession' really means 19:30-MAG 7 outlook for investors Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Alexander Frangeskides and Rachael Lewis-Krisky. Mike Wilson is Morgan Stanley's CIO and Chief US Equity Strategist, with a focus on unique market research and perspectives. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    26 m
  • 6 hot takes for investors now that Trump may be facing Kamala Harris: SPECIAL REPORT

    6 hot takes for investors now that Trump may be facing Kamala Harris: SPECIAL REPORT
    Jul 22 2024
    So much for another Trump vs. Biden debate! President Biden has stunned the world by announcing he will not seek re-election. In the process, he has tossed his support to his Vice President Kamala Harris. But not everyone in the Democratic party has anointed Harris as the torchbearer, with former President Obama staying on the sidelines with his endorsement. As if presidential election season wasn’t already chaos for investors, so begins a leap into the great unknown in terms of trading and long-term wealth building. Yahoo Finance Executive Editor Brian Sozzi and Washington correspondent Ben Werschul serve up the hot takeaways for investors now that the presidential election landscape has been totally upended. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. 00:00-Ben Werschul joins Opening Bid 00:30-All in for Harris 01:00-Capitol Gains podcast launches from Yahoo Finance 02:00-Trump 2.0 past market impacts vs eyes on Harris' future industry friends 04:00-Harris the AI czar Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Alexander Frangeskides and Rachael Lewis-Krisky. Ben Werschkul is Washington correspondent for Yahoo Finance covering economic policy and the intersection of financial issues and the nation's capital. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    8 m
  • Why the Trump 2.0 trade is over

    Why the Trump 2.0 trade is over
    Jul 22 2024
    Yahoo Finance Executive Editor Brian Sozzi has a lively discussion with tastylive Founder & CEO Tom Sosnoff. Sosnoff is viewed by many traders as the Godfather of trading, having co-founded popular platforms Thinkorswim and tastytrade. With decades of trading experience under his belt, Sosnoff shares how one should think through trading a potential volatility boom around the presidential election in November. A sense of calm had come over the markets in recent months amid a view former President Donald Trump would win four more years in the White House. Oil stocks have caught a bid. Bitcoin has taken off. Love him or hate him, markets see Trump as friendlier to markets than current President Joe Biden. But the trading landscape may be poised to change once more as President Biden stunned the world by saying he won’t seek re-election. So what’s a novice or experienced trader to do amidst such election season uncertainty? Is the Trump Trade safe? How do you play a potential President Kamala Harris? Sozzi and Sosnoff dive in! Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. 00:00-Tom Sosnoff joins Opening Bid 8:00-What investors should be thinking ahead of next Fed meeting 12:00-Chic volatility 15:00-Will the Trump trade unwind? 17:00-Sosnoff: don't play the political game with your investments 18:00-Heightened volatility for the next 3 months 20:00-Best options play Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Alexander Frangeskides and Rachael Lewis-Krisky. Tom Sosnoff is an entrepreneur, options trader, co-founder of Thinkorswim, and founder and CEO of tastytrade. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    26 m
  • Why AI-powered human-like robots running amok won’t happen

    Why AI-powered human-like robots running amok won’t happen
    Jul 19 2024
    Going uncovered in the run-up to the presidential election is the view each candidate has on the hard-charging world of artificial intelligence. The next president will have a major task on their hands with respect to governing the technology and ensuring it doesn’t put US society at risk. On the one hand we have former President Donald Trump, who acknowledges that AI is scary but is seen as more friendlier on the AI regulatory front. As for President Joe Biden, Silicon Valley insiders are fretting that Biden will crack down on AI so much that it impedes the development of startups. Yahoo Finance Executive Editor Brian Sozzi chats with Sizzle AI founder Jerome Pesenti. Pesenti is also the former VP of Meta’s AI business for almost five years. The duo discuss Pesenti’s many years breaking ground in the AI space, what Meta is (and isn’t doing) doing on the AI front and how his new firm is looking to upend the education experience. Pesenti is optimistic on the potential for AI in society, but stops short of saying there won’t be downside risks. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. 00:00-Jerome Pesenti joins Opening Bid 02:00-AI is not as new as you think 05:00-People are tired of chatbots 09:30-Tesla bot is BS 18:30-Sizzle AI aims to aid in education; never replace a classroom Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Alexander Frangeskides and Rachael Lewis-Krisky. Jerome Pesenti is the Founder of Sizzle AI and previously worked at Meta as a VP of AI. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    25 m
  • 7 hot takeaways from Trump’s fiery RNC speech: SPECIAL REPORT

    7 hot takeaways from Trump’s fiery RNC speech: SPECIAL REPORT
    Jul 19 2024
    Former President Trump was fired up as usual as he addressed the Republican National Convention. From shouting out his famous friends at the event such as Hulk Hogan and Dana White to hinting at the return of trade wars, Trump gave a lot for investors to think about. The chief thing those involved in the markets should be thinking about as the RNC concludes: will Trump 2.0 truly be as friendly to stocks and wealth as is the current consensus. Yahoo Finance Executive Editor Brian Sozzi and Washington correspondent Ben Werschul serve up the hot takeaways for investors from Trump’s big night. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. 00:00-Ben Werschul joins Opening Bid 00:30-Trump holds the top 3 records for longest acceptance speeches 01:00-Takeaways from Trump's RNC speech 03:00-Trump being Trump may not make the market great again 05:00-And don't forget Hulk Hogan Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Alexander Frangeskides and Rachael Lewis-Krisky. Ben Werschkul is Washington correspondent for Yahoo Finance covering economic policy and the intersection of financial issues and the nation's capital. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    8 m
  • From the RNC: Trump will crush inflation and pump through tax cuts

    From the RNC: Trump will crush inflation and pump through tax cuts
    Jul 17 2024
    Not many details are known about what the economic agenda of a second Trump presidency would look like relative to his first go around. Trump has promised lower taxes on corporations and households. He plans to deport illegal immigrants, which could have an economic impact. And he believes ramping up drilling of energy in the United States will help ease the inflationary burden being felt by many consumers. But those are broad strokes, and investors and business leaders are on the hunt for the finer details. After all, those finer details will prove important to both parties if Trump wins re-election. So we went to a long-time Trump insider to take the veil off a Trump 2.0 economic agenda. Yahoo Finance Executive Editor Brian Sozzi sits down with well-known economist and author Stephen Moore. Moore is a senior visiting fellow in economics at The Heritage Foundation. He is a long-time economic advisor to former President Trump and the author of the book: Trumponomics: Inside the America First Plan to Revive our Economy. The pair go inside what the economic agenda of a second Trump presidency would look like and how investors should prepare. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. 00:00-Brian Sozzi sets the stage on Opening Bid 03:49-Stephen Moore live from the Republican National Convention 05:28-Trumponomics 08:45-Project 2025 plans for the Fed 10:00-3 Takeaways from chat with Stephen Moore Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Alexander Frangeskides and Rachael Lewis-Krisky. Stephen Moore is an American conservative writer and economics, having previously served as an economics adviser to Trump. He is currently a senior visiting fellow in economics at The Heritage Foundation. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    13 m