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9 Stories We Are Following Today 9-8-25
00:03:48
In this episode, Scott Becker reviews nine key stories including weak job growth, market movement on rate cut hopes, Tesla’s shrinking market share, Microsoft’s cloud and AI surge, and more.
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This is Scott Becker with the Becker Private Equity and Business Podcast. Thank you for listening. We cover startups, we cover private equity, AI and a lot more. And we appreciate you joining us. These are nine stories that we're following today. First, the markets point up today on hopes for a large rate cut. And we'll combine the first three stories in partly what's driving this is new jobs created last month came in an abysmal number, 22,000 jobs created. And we look at this and we think about the markets pointing up on hopes for a large rate cut. And all we could think about is the deficit spending without job creation and growth is just a major catastrophe. Whether deficit spending under the Democrats, under the Republicans, that kind of deficit spending and not having good current growth is absolutely a catastrophe. We'll talk about that more over the next several months. Of course. Second, Tesla's US Market share dropped to a near eight year low in August as buyers chose electric vehicles from a growing stable rivals over the aging lineup from Tesla. Tesla's down 13% year to date. Third, Detroit's carmakers are going to save billions in Trump's emissions rollback as he pulls back these rules that required a certain amount miles per gallon. That's going to save Detroit billions of dollars. Simply a facetting thing. The next story we're following is Microsoft's cloud business is growing at a really rapid pace. There's a great story in the Motley fool about how Microsoft may be the stock to buy based on AI growth and what is happening. Fifth, and really this is a side note, our family is on a multi day bike trip. The only thing that I know for sure is that I never ever want to see another bike again in my life after this trip. It is what it is. Next, there's a great piece in the news blog called the Daily Upside as to the struggles with private equity. The pieces is absolutely excellent. It starts with a quote, why is a skateboard a better investment in 2025 than private equity? Because you could flip it. The concept being that people have tons of investments that they're invested in that they can't sell that they're stuck with. And there's a lot of that discussion in this article. It's actually a great, great piece. It also we'll talk about this talked about some that the next issue is the Carlyle Group is broadly outperforming. The industry is up 26% year to date. Apollo Global Management in contrast is down about 20% year to date. So they're just knocking it out of the park. Kyle was Carlyle is and going against the grain of what's happening in private equity. Finally, another story that we're following today. Billionaire Bill Ackman, the story goes, maybe the next Warren Buffett. He's got 30% of his portfolio and two brilliant AI stocks here. Ackman's heavily invested in Amazon, 9% of his portfolio and Uber, 21% of his portfolio. That's the story there on Bill Ackman and what he is doing. Again, these are nine of the stories we're following today. A lot of interesting stuff going on in private equity and AI and a lot more. And hopefully the market's going up for somewhat the wrong reasons, that interest rates are going to go down because the economy is in shambles. Thank you for listening to the Becker Business Podcast. And the Becker Private Equity Podcast again this week, ranked number one in the Apple Business News rankings. And we're thrilled with that. We're thrilled with the help that we get from Snell, Bunger and so many other people. Thank you so much for listening to the Becker Business Podcast, the Becker Private Equity Podcast.