Chit Chat Stocks Episode Summary Release Date: July 11, 2025

Hosts: Ryan Henderson & Brett Schaefer
Podcast: Chit Chat Stocks
Episode Title: Zuckerberg's Superintelligence Team; 3 Stocks We Just Bought For Our Portfolios; What Will Be The Largest Company In The World By 2030?

1. Introduction

In this episode of Chit Chat Stocks, hosts Ryan Henderson and Brett Schaefer dive into several engaging topics, including potential market leaders by 2030, recent portfolio additions, and significant industry developments. They also touch upon recent news such as Autodesk's rumored acquisition activities and Meta's aggressive recruitment of AI talent.

2. Delta Air Lines Earnings Analysis

Timestamp: [02:06]

Brett begins the discussion with an analysis of Delta Air Lines' latest earnings report. He highlights that despite a 10% increase in stock price, Delta’s revenue only saw a modest 1% year-over-year growth, while capacity increased by 4%. Brett remarks:

“The business overall is much better than I think what people feared a couple of months ago. Consumer's not dead yet, Ryan.”
– Brett Schaefer [05:17]

He emphasizes Delta's strong credit card partnership with American Express, contributing $2 billion in revenue, reflecting a 10% growth year-over-year. Brett views Delta as a strong indicator of consumer health, particularly in the premium segment.

Ryan concurs, mentioning his increased personal use of Delta flights, which ties into their discussion on whether airlines remain investable. Brett remains cautious, viewing Delta as a tracker for broader economic indicators rather than a primary investment due to the challenging airline industry dynamics.

3. Recent Portfolio Additions

Timestamp: [08:35]

The hosts transition to discussing three stocks they've recently purchased, providing transparency into their investment strategies:

a. Remitly (Brett Schaefer)

Brett explains his investment in Remitly, attracted by its current undervaluation and strong revenue growth potential. Despite a market cap of approximately $3.8 billion and trailing twelve-month revenue of $1.35 billion, Remitly is growing revenue at over 30% year-over-year. Brett believes that by optimizing unit economics and reducing reinvestment in customer acquisition, Remitly could achieve significant profitability and valuation growth.

b. Wise (Ryan Henderson)

Ryan shares his investment in Wise (formerly TransferWise), appreciating its robust digital remittance solutions. Unlike Remitly, Wise is building its own infrastructure, aiming to become a low-cost provider in digital money transfers. Ryan highlights Wise’s ability to offer cost-effective cross-border transactions, which he believes positions the company well against competitors like Remitly and legacy services such as Western Union.

c. Nintendo (Brett Schaefer)

Choosing a less typical pick, Brett invested in Nintendo, buoyed by the successful launch of the Switch 2 and strong sales in new gaming titles like Mario Kart. Despite a 50% increase over the past year, Brett finds Nintendo's high-quality offerings and consistent market presence appealing, predicting continued growth and potential to reach a $30 share price by the year’s end.

d. Adobe (Ryan Henderson)

Ryan discusses his position in Adobe, particularly after analyzing the competitive landscape post-Figma’s S1 filing. He argues that Adobe’s extensive suite of products ensures customer stickiness, mitigating churn even with new entrants like Figma. Adobe’s ongoing stock buybacks, amounting to roughly 8% of its market cap over the last 12 months, further bolster his confidence in the company’s long-term prospects.

e. Taiwan Semiconductor Manufacturing Company (TSMC) (Ryan Henderson)

Ryan recently acquired a starter position in Taiwan Semiconductor Manufacturing Company (TSMC), recognizing its pivotal role in the semiconductor industry. With June’s revenue up 27% year-over-year and robust demand driven by global tech companies like Nvidia, Ryan sees TSMC as a cornerstone for future growth in the semiconductor sector.

Brett adds a high-risk, high-reward position in Real Brokerage, a micro-cap stock, recommending listeners to explore a comprehensive research report he produced in a previous episode.

4. Autodesk's Rumored Acquisition of PTC

Timestamp: [44:54]

The conversation shifts to rumors surrounding Autodesk potentially acquiring PTC, valued at around $20 billion. Both hosts express skepticism about the acquisition:

• Brett: Points out the similarity in business models and concerns about overpaying for a comparable revenue-based company.

• Ryan: Highlights that both companies have experienced slower-than-expected revenue growth and questions whether Autodesk can successfully integrate PTC without diluting shareholder value.

They conclude that while the CAD and product lifecycle management sectors are robust, the acquisition may not yield the desired growth or shareholder benefits.

5. Meta’s Superintelligence Team and AI Talent Wars

Timestamp: [47:36]

A significant portion of the episode is dedicated to Meta's (formerly Facebook) strategic move to build a Superintelligence Lab by aggressively recruiting top AI talent from competitors like OpenAI, Google, and Apple. Meta is reportedly offering exorbitant compensation packages, with some AI leaders receiving tens of millions annually.

Key Points:

• Talent Poaching: Meta has successfully hired eight core researchers from OpenAI and attempted to acquire teams from other leading AI firms.

• Leadership Aspirations: Alexander Wang (formerly of Scale AI) and Nat Freeman (founder of GitHub) are among the high-profile hires leading the new lab.

• Competitive Landscape: The hosts debate whether Meta’s aggressive recruitment signifies desperation or a strategic push to compete with industry leaders like OpenAI and Alphabet (Google). They express concerns about potential internal power struggles and whether new talent can effectively collaborate within Meta’s existing structure.

Brett's Observation:

“It makes me more bullish on OpenAI and Alphabet. Seems like they have the two leaders along with Anthropic in the space.”
– Brett Schaefer [52:58]

Ryan’s Insight: Ryan praises Google's Gemini AI initiative, noting user-friendly integrations and superior AI responses compared to traditional search functionalities, enhancing his investment confidence in Alphabet.

6. Predictions for the Largest Company by 2030

Timestamp: [28:35]

When asked about the potential largest company by market cap in 2030, Brett and Ryan present their views:

Brett’s Rank:

1. Amazon
2. Alphabet (Google)
3. Taiwan Semiconductor Manufacturing Company (TSMC)

He bases his predictions on Amazon’s extensive revenue base, continuous growth in e-commerce market share, and innovative logistics network, positioning it as a formidable contender.

Ryan’s Dark Horse: TSMC

While agreeing with the top candidates, Ryan introduces TSMC as his dark horse, emphasizing its crucial role in the semiconductor supply chain and sustained demand from tech giants like Nvidia.

Brett adds:

• Amazon’s Subscription Dominance: Amazon Prime leads global consumer subscriptions with $44 billion in revenue for 2024, surpassing rivals like Spotify and Netflix.

• Alphabet’s AI Leadership: With substantial investments in AI and the Gemini platform, Alphabet remains a strong candidate for market leadership.

Challenges Addressed:

• Apple and Microsoft: Both are deemed less likely to surpass the top contenders unless Apple introduces groundbreaking hardware innovations.

Final Consensus: Brett and Ryan conclude with Amazon and Alphabet at the forefront, supported by TSMC's strategic importance in the tech ecosystem.

7. Additional Discussions

Timestamp: [55:00]

• Autonomous Driving Impact on Stocks: The hosts briefly explore how the rise of autonomous vehicles could impact industries like auto insurance, repair shops, and OEM sales. They speculate that companies like Copart (a large salvage yard operator) might face challenges as self-driving technology reduces accidents and, consequently, the need for traditional auto services.

• Core Weave’s Aggressive Expansion: Brett and Ryan critique Core Weave’s recent $9 billion all-stock acquisition of Core Scientific, perceiving it as a high-risk strategy focused on scaling data center capacity without clear ROI, potentially leading to an oversupply in the AI infrastructure market.

8. Community and Resources

Timestamp: [26:54] & [34:10]

• Interactive Brokers (IBKR) Advertisement: The hosts promote IBKR for international investing, emphasizing its low fees, broad market access, and multi-currency capabilities.

• Blue Chippers Club: Both hosts endorse Blue Chippers Club, highlighting its value as a community for stock-focused investors to share insights, break down portfolios, and participate in weekly calls.

• TSOH Investment Research Service: Ryan introduces TSOH, praising its high-quality stock research reports and transparency, recommending listeners to subscribe for in-depth analysis on companies like Airbnb, Celsius, and Roblox.

9. Conclusion

The episode wraps up with a reminder that Ryan and Brett are not financial advisors and that their discussions should not be taken as formal investment advice. They encourage listeners to conduct their own research and consider the insights shared as part of their broader investment strategies.

Notable Quote:

“We're not trying to build the largest company next year, but we are discussing the potential long-term leaders based on current trajectories and strategic positioning.”
– Ryan Henderson [30:57]

Key Takeaways:

• Delta Air Lines shows resilience in premium segments and serves as an economic indicator.
• Remitly, Wise, Nintendo, Adobe, and TSMC are promising investments with unique growth propositions.
• Meta’s aggressive AI talent acquisition signals heightened competition in the AI space, potentially benefitting leaders like OpenAI and Alphabet.
• Amazon and Alphabet are strong contenders for the largest market cap by 2030, supported by TSMC’s strategic importance.
• Industry shifts such as autonomous driving and AI infrastructure expansion present both opportunities and risks for various sectors.

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