Amazon's uh Prime sales promotion draw. Is it God. Today's the last day.Really unbelievable. Until the next Prime Day. It comes fast. It's like the America's best state for business comes fast, too, doesn't it.Uh Courtney Reagan joins us with an update on this uh big week for Rita. Was it not great. Um we don't know yet.And it's really hard to compare because it's twice as long as it was before. So, in general, it's actually been a pretty big week for retail. I mean, you've got these deal events led by Amaz ...

We've been talking a lot about the explosion of interest in private markets. President Trump's spending bill could have a big uh impact. Joining us to discuss, Ben Narrison, founder of Tenacity, a venture capital, a ste a seedstage investment firm, which I can't believe Tenacity wasn't taken.There's another Tenacity out of India and sometimes people get confused, but such a good name, but uh you were able to to grab to grab that. Not everybody knows uh about what what's in the OBB. Uh for you the way readin ...

AMD's AI Revenue Outlook - AMD's AI revenue outlook has become more constructive in recent months compared to the beginning of the year [2] - Feedback on the MI355 chip is more positive, and pricing is higher than previously expected, with hyperscalers showing interest [3] - The company anticipates over 8 billion USD in AI revenue, significantly higher than the consensus of around 6 billion USD [4] Pricing Power in the Chip Sector - Nvidia has led the pricing power strategy for the first two years of the AI theme, but pricing power is extending to other companies [6] - AMD is experiencing higher ASPs (Average Selling Prices) than expected for its upcoming chip [7] - Broadcom is also expected to benefit from increased pricing power and ASP increases for their chips [7] AMD's Non-AI Business Resilience - AMD is experiencing growth in EVs (Electric Vehicles) and data center demand, although data center growth is largely attributed to AI chips [8] - AMD gained share in the client business within the overall PC business, with ASPs increasing considerably [8][9] - Traditional core businesses such as data centers and traditional PCs are performing well despite the overall market not being strong [9][10]

Market Trends & Economic Outlook - IEA 报告显示全球石油需求下降，美国和中国是主要降幅来源 [1] - 石油需求下降可能预示着美国乃至全球经济放缓 [2][3] - 分析师普遍预计油价将保持平稳 [2] - 尽管美国经济可能放缓，但目前程度温和，与年初的担忧相反 [3] Tariffs & Trade - 总统可能对欧盟和加拿大征收关税，市场对此的反应可能反映出关税最终水平将低于目前水平的预期 [4][5][6] - 关税可能导致市场动荡，但市场主要关注的是仍然具有建设性的宏观背景 [6] - 巴西 ETF 因关税而大幅下跌约 5%，可能存在过度反应 [7] - 墨西哥和加拿大等国可能受到关税影响较大，而中国受到的影响相对较小 [9] - 从长远来看，企业将适应并找到应对新环境的方法 [10][11] Investment Strategies - 在当前具有建设性的宏观背景下，公司更倾向于投资企业债券，因为可以获得更高的收益 [12] - 许多公司的资产负债表表现强劲，公司开始关注高收益和新兴市场债务 [13] - 在没有经济衰退的情况下，违约率将保持在较低水平 [13] - 建议投资者在当前环境下采取更积极的风险承担策略，而不是仅仅关注国债 [14]

Market Trends & Dynamics - Bitcoin is hitting new records while the dollar is moving higher, a deviation from the typical inverse relationship [1] - The current Bitcoin rally appears to have more staying power compared to the blip in May 2022 [2] - A tech stock rally pushed Bitcoin to a ceiling around $110,000, triggering significant short liquidations [3] Cryptocurrency Performance - Over $600 million in Bitcoin short liquidations and over $200 million in Ether short liquidations occurred in the past 24 hours [3] - The biggest buying day of the year in both Bitcoin and Ethereum ETFs was observed [4] - Ethereum has been outperforming Bitcoin in recent months, experiencing a resurgence [6] Ethereum's Use Cases & Potential - Ethereum's rally is potentially a reflection of its practical use cases, as it allows for building applications on top of it [5] - Major brands like Amazon, Walmart, Uber, and Airbnb are showing interest in the stablecoin game, with Ethereum serving as the backbone for stablecoins and tokenization of stocks [8]

All right, let's start off with the footsie if you don't mind. Uh, very close to a record high, still within 1% of its record high. Today we got some data about the UK economy in contraction very slightly.Um, does that change your view on the UK right now and also the fact that while the UK is not necessarily in the EU that the European Union could face some tariffs. Well, I mean, I think everybody's concerned about tariffs and what they might do and what the impact might be uh to to the UK and to, you know ...

Trade & Tariffs - US imposes 35% tariffs on imports from Canada, effective August 1st [1] - Tariffs attributed to fentanyl concerns [1] Geopolitics & Diplomacy - US and China's foreign ministers meet in Malaysia to discuss trade tensions [2] - A summit between Presidents Trump and she is likely [2] Technology - Google reportedly reaches a deal to provide cloud computing services for the US government at a heavily discounted price [2] - Apple plans new product releases for the first half of 2026, including a new low-end iPhone, multiple iPads, and upgraded Mac computers [3] Mergers & Acquisitions - Flutter Entertainment acquires Boyd Gaming's 5% stake in FanDuel for $1.76 billion [3] - The deal values FanDuel at $31 billion [3] Market Share - FanDuel holds 43% of the sports betting market [3]

Joining us now, Yurian Timmer, director of global macro at Fidelity Investments. Yurian, great to have you with us. Where do you stand on on where we are, record highs basically.Well, um, you know, the episode of the last 6 months shows just how uh brutally efficient the price discovery process is in the in any market, but especially in the US stock market. And so we went from, you know, a right tail scenario after the election to a moderate left tail scenario in April and we're back to a right tail scenari ...

President Trump announcing tariffs on imports from Canada of 35%. Uh something must have made him mad. I don't know what the latest is.Maybe Megan knows that they start on August 1st. Megan Cassella joins us uh now from Washington. Any particular thing or just the you know slow walking the whole process.What's he what what did anything in particular spur this latest uh threat. Not that we know of yet, Joe. We might learn today, but we don't know exactly what what sparked this latest Canada threat.But I'll s ...

Stock Recommendations & Analysis - SoFi is still favored despite previous recommendations at lower prices, indicating continued confidence from some investors [1] - American Express is expected to perform well until its report, after which selling pressure may occur [2] - Nvidia was a successful stock pick, with one investor buying it at $18 [4] - FICO's outlook is uncertain, with differing opinions on its value [4][5] - Lincoln Electric is a strong industrial stock, but a pullback is recommended before buying [6] - Campbell Soup is considered a reasonable buy at $29 [10] Industry Trends & Observations - The alcohol business faces challenges due to the rise of GLP-1s and increased health consciousness [7] - Gummies are seen as strong competition to the alcohol industry [8] - Materials are crucial for national security, highlighting the importance of US mining [11] Investment Strategy & Market Sentiment - It's important to change investment strategies after experiencing losses, as exemplified by learning from GameStop [3] - CrowdStrike is preferred over Octa, especially after Octa's outage [9]