SpaceX Stock Just Crashed — Here’s Why

SpaceX Stock Just Crashed — Here’s Why

Ed Elson is joined by Gil Luria to discuss the global tech selloff and how SpaceX is fueling AI fears. Then, Arin Dube joins the show to break down his research on minimum wage increases and what it reveals about the path towards raising the federal minimum wage. Finally, Ed checks in on his SpaceX prediction. Gil Luria is the Head of Technology Research at D.A. Davidson. Arin Dube is the Provost Professor of Economics at the University of Massachusetts Amherst and author of The Wage Standard: What’s Wrong in the Labor Market and How to Fix It.  Subscribe to the Prof G Markets Youtube Channel [https://www.youtube.com/@profgmarkets]  Check out our latest Prof G Markets newsletter [https://www.profgmedia.com/p/google-just-raised-85-billion-the] Follow Prof G Markets on Instagram [https://www.instagram.com/profgmarkets/?hl=en] Follow Ed on Instagram [https://www.instagram.com/ed_elson_/], X [https://x.com/edels0n?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor] and Substack [https://substack.com/@edwardelson] Follow Scott on Instagram [https://www.instagram.com/profgalloway/?hl=en] Send us your questions or comments by emailing Markets@profgmedia.com [Markets@profgmedia.com] Learn more about your ad choices. Visit podcastchoices.com/adchoices [https://podcastchoices.com/adchoices]

Why Britain’s Economy Has Been Stuck For 20 Years

Ed Elson is joined by Paul Johnson to discuss why Keir Starmer stepped down as Prime Minister and what his resignation reveals about the deeper challenges facing the U.K. economy. Then, Brian Kersmanc breaks down how markets are responding to the latest developments in the U.S.-Iran negotiations and what they signal for oil prices. Finally, Ed explains why the U.K.'s struggles may offer a cautionary lesson for other economies. Paul Johnson is an economist and Provost of The Queen's College at Oxford. Brian Kersmanc is a Portfolio Manager at GQG Partners. Subscribe to the Prof G Markets Youtube Channel [https://www.youtube.com/@profgmarkets]  Check out our latest Prof G Markets newsletter [https://www.profgmedia.com/p/google-just-raised-85-billion-the] Follow Prof G Markets on Instagram [https://www.instagram.com/profgmarkets/?hl=en] Follow Ed on Instagram [https://www.instagram.com/ed_elson_/], X [https://x.com/edels0n?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor] and Substack [https://substack.com/@edwardelson] Follow Scott on Instagram [https://www.instagram.com/profgalloway/?hl=en] Send us your questions or comments by emailing Markets@profgmedia.com [Markets@profgmedia.com] Learn more about your ad choices. Visit podcastchoices.com/adchoices [https://podcastchoices.com/adchoices]

No, We Do Not Have An Iran Deal

Scott Galloway and Ed Elson break down the memorandum of understanding between the United States and Iran and explain why the agreement was unlikely to succeed from the start. Then, they unpack the financials behind OpenAI and Anthropic, exploring what it would take for either company to become profitable, and when that might actually happen. Finally, they revisit Snap Specs to examine why the product flopped, and why Snap’s dual-class share structure makes meaningful change at the company nearly impossible. Subscribe to the Prof G Markets Youtube Channel [https://www.youtube.com/@profgmarkets]  Subscribe to the Prof G Markets newsletter [https://www.profgmarkets.com/subscribe]  Order "Notes on Being a Man [https://amzn.to/4nl4VKo]," out now Note: We may earn revenue from some of the links we provide. Follow the podcast across socials @profgmarkets Follow Scott on Instagram [https://www.instagram.com/profgalloway/?hl=en] Follow Ed on Instagram [https://www.instagram.com/ed_elson_/], X [https://x.com/edels0n?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor] and Substack [https://substack.com/@edwardelson] Send us your questions or comments by emailing Markets@profgmedia.com [Markets@profgmedia.com] Learn more about your ad choices. Visit podcastchoices.com/adchoices [https://podcastchoices.com/adchoices]

Euphoria Has Taken Over The Markets — ft. Barry Ritholtz

Ed Elson and Scott Galloway are joined by Barry Ritholtz to break down the market's reaction to the SpaceX IPO, including whether he thinks the valuation is justified and why he's concerned about the company's float. They also discuss why he believes comparisons to the dot-com bubble are misguided, what he makes of the circular deals in the AI industry, and how he thinks about hedging in today's market. Barry Ritholtz is the co-founder, chairman and chief investment officer of Ritholtz. Subscribe to the Prof G Markets Youtube Channel [https://www.youtube.com/@profgmarkets]  Check out our latest Prof G Markets newsletter [https://www.profgmarkets.com/p/is-this-the-most-hated-bull-market-in-history?utm_content=curious_button] Follow Prof G Markets on Instagram [https://www.instagram.com/profgmarkets/?hl=en] Follow Ed on Instagram [https://www.instagram.com/ed_elson_/], X [https://x.com/edels0n?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor] and Substack [https://substack.com/@edwardelson] Follow Scott on Instagram [https://www.instagram.com/profgalloway/?hl=en] Send us your questions or comments by emailing Markets@profgmedia.com [Markets@profgmedia.com] Learn more about your ad choices. Visit podcastchoices.com/adchoices [https://podcastchoices.com/adchoices]

Snap’s “Crucible Moment” Flops On Wall Street

Ed Elson is joined by Mark Gurman to discuss what investors thought about Snap's new AR Specs and what the launch says about the company's future. Then, Mark Zandi breaks down the Fed's latest interest rate decision and whether a rate hike is still on the table this year. Later, Vasant Dhar joins the show to explore what role AI should play in investing. Finally, Ed explains why he believes Snap's latest bet could be the final nail in the coffin for the company. Mark Gurman is the Managing Editor and Chief Correspondent for Bloomberg News. Mark Zandi, Chief Economist at Moody's Analytics. Vasant Dhar is a professor at NYU Stern, founder of SCT Capital Management and author of Thinking With Machines. Subscribe to the Prof G Markets Youtube Channel [https://www.youtube.com/@profgmarkets]  Check out our latest Prof G Markets newsletter [https://www.profgmedia.com/p/google-just-raised-85-billion-the] Follow Prof G Markets on Instagram [https://www.instagram.com/profgmarkets/?hl=en] Follow Ed on Instagram [https://www.instagram.com/ed_elson_/], X [https://x.com/edels0n?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor] and Substack [https://substack.com/@edwardelson] Follow Scott on Instagram [https://www.instagram.com/profgalloway/?hl=en] Send us your questions or comments by emailing Markets@profgmedia.com [Markets@profgmedia.com] Learn more about your ad choices. Visit podcastchoices.com/adchoices [https://podcastchoices.com/adchoices]