Wall Street Breakfast Podcast: Dream Home, Lifetime Loan

Group 1: 50-Year Mortgages - The Trump administration is proposing 50-year mortgages to enhance homeownership affordability, with Federal Housing Finance Agency Director Bill Pulte calling it a "complete game-changer" [3][4] - A $400,000 home with a 10% down payment and a 6.25% mortgage rate would see monthly payments reduced by about $250 with a 50-year loan, but total interest payments would rise to $816,396 compared to $438,156 for a 30-year loan [4] - After 10 years, homeowners would have a 14% equity stake with a 50-year mortgage versus a 24% stake with a 30-year mortgage [4][5] Group 2: SoftBank and Nvidia - SoftBank sold its entire stake in Nvidia, unloading 32.1 million shares for $5.83 billion, having previously built a $4 billion stake in 2017 [6] - Despite exiting Nvidia, SoftBank remains heavily invested in AI through its portfolio, including a planned $500 billion Stargate data-center project reliant on Nvidia's chips [6] Group 3: Anthropic vs. OpenAI - Anthropic is projected to turn a profit by 2028, with growth forecasts raised by about 13% to 28%, expecting up to $70 billion in revenue by 2028, up from around $5 billion this year [7][8] - In contrast, OpenAI anticipates operating losses of approximately $74 billion in 2028, with spending on computing costs significantly higher than Anthropic's [9]