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- [00:00]
A
This is an iHeart podcast. Hey Ryan Reynolds here wishing you a.
- [00:06]
B
Very happy half off holiday because right.
- [00:09]
C
Now Mint Mobile is offering you the.
- [00:11]
A
Gift of 50% off unlimited.
- [00:13]
B
To be clear, that's half price, not half the service.
- [00:17]
A
Mint is still premium unlimited wireless for a great price.
- [00:21]
C
So that means a half day.
- [00:24]
A
Yeah, give it a try@mintmobile.com Switch upfront.
- [00:28]
D
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- [01:35]
E
Limu Emu and Doug Here we have the Limu Emu in its natural habitat, helping people customize their car insurance and save hundreds with Liberty Mutual. Fascinating. It's accompanied by his natural ally, Doug.
- [01:53]
A
Uh, Limu is that guy with the binoculars watching us.
- [01:56]
E
Cut the camera, they see us.
- [01:57]
B
Only pay for what you need@libertymutual.com Liberty Liberty Liberty Liberty Savings Very underwritten by Liberty Mutual Insurance Company and affiliates. Excludes Massachusetts. Hey, it's Ryan Seacrest for Albertsons and Safeway. Flu season is here and our pharmacies have you covered with a free flu shot with most insurance plans. Plus it's cough and cold season and now through December 2nd. Stock up on all the season's essentials and get ready for relief with discounts on items like Mucinex, Cold and Flu, Kickstart, Mucinex, Fast Max Products, Vicks, Dayquil and Nyquil Combo Pack. Alka Self, also Airborne and afrin offers end December 2nd. Restrictions apply and offers may vary by location. Visit Albertsons or Safeway.com for more details.
- [02:36]
D
Okay, only 10 more presents to wrap. You're almost at the finish line. But first, There the last one. Enjoy a Coca Cola for a pause that refreshes.
- [03:07]
F
This episode is brought to you by PNC Bank. A lot of people think podcasts about work are boring. And sure, they definitely can be. But understanding a professional's routine shows us how they achieve their success little by little, day after day. It's like banking with PNC Bank. It might seem boring to save, plan and make calculated decisions with your bank, but keeping your money boring is what helps you live a more happily fulfilled life. PNC bank Brilliantly boring since 1865 Brilliantly boring since 1865 is a service mark of the PNC Financial Service Group Inc. PNC Bank national association member FDIC I.
- [03:49]
C
Think Meta, definitely in this class is incredibly strong. Hell of a turnaround from 2022. I think it's unfair, but I think it's just like general market conditions that's dragging them a hell of a lot lower.
- [04:04]
A
I'm with you. 100. Meta is a buy. In fact, I, when I saw it drop 15, I bought it. Now it's down 23. I might have to add some shares to the portfolio again. I, I like the aggressiveness of Zuckerberg. Their CapEx spend, you know, they said they're increasing it. They're all in on this. They understand the severity of winning this, this, this AI race. They have the innovation, they have the data. When you're talking about all the platforms that they have at their disposal, they have products now that the glasses are doing pretty well.
- [04:38]
C
Glasses are doing incredibly well and they're.
- [04:40]
A
Expanding their data center expansion and their vision for AI, all pun intended, is very clear. And it's going to cost and the understanding of that and the fact I think, you know, people took, took his cadence during the earnings call a little too hard and said he was a little too lackluster and a little frivolous about how he's speaking about this CapEx.
- [05:03]
C
But investment, that's the part.
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A
That's it.
- [05:08]
C
If he did okay, and I was super critical of the metaverse investment in that story, but he's investing into the right things at the right price at the right time. To not be left behind when Apple didn't and they get punished makes no sense, you can argue I won't do it this week. But this year Zuckerberg has been better than Cook. There's no question.
- [05:34]
A
Oh, his. The, the resurgence has been incredible.
- [05:38]
F
Right?
- [05:38]
A
Like we're talking, I mean, it was down in the 490s. I know it pulled back obviously during the, the deep sea thing, but it's rebound. It was at 7 over like 750 at 1.749 and obviously it's pulled back here and you know, it's part of one of those golden rules of investment for me. If, if an asset that I truly, truly believe in is at a discount if it's between 20 to 30 and then I also see the options down 30, 40, this it hits the check it check, check, check. All I gotta do now is execute and Meta has done that and it's done it again. I might have to reposition it.
- [06:13]
C
But yeah, operating margin 45 margin is 32%.
- [06:18]
A
Yeah.
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F
Which is, which is the opposite for.
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A
A company like all again, all these companies not created equal. Core Weave, we've been speaking about it and I know it's one of the companies you just said, but we've been saying six months, six months. That's been our golden rule. Six months came in September. It's been trending downwards since they reported earnings. And I like Core Weave, I've always said I like it. The only thing that troubled me was the debt, right? Like that matter, their data center expansion, it's not. They had to take on debt to expand. Now they do have Nvidia as a partner, but when you think of how they're using Nvidia, right? Like Nvidia is applying GPUs to them, but they're not the top of the line GPUs, right? Like it's not Blackwell, it's not Blackwell Ultra, it's not Ruben. They were using the H20s and so the hoppers for those who are in the know. But when you think about that, right, like people are going to lease that compute but they're leasing it at a lower tier model, right? So that almost becomes a depreciating asset every time the company puts out a newer version. So by the time you earnest, what's up?
- [07:31]
F
Look, every now and then a tool pops up that makes you wonder why wasn't this around when I was struggling. That's Framer. If you've ever tried to design a website and felt like you need a coding degree, a design degree and maybe a therapist.
- [07:44]
A
Yeah.
- [07:44]
F
Framer said don't even worry about it. Framer already built the fastest way to publish beautiful production ready websites and is now redefining how we design for the web. With the recent launch of Design Pages, a free canvas based design tool, Framer is more than a site builder. It's a true all in one design platform. From social assets to campaign visuals to vectors and icons, all the way to a live site. Framer is where ideas go live, start to finish. And here's my favorite part. Framer is a free full feature design tool. Unlimited projects, unlimited pages, unlimited collaborators, vectors, gradients, 3D transforms. Everything you'd expect in a high end design suite, but without the paywall holding you back. And with their AI powered dev assistant, you can literally chat your way to hero banners, pricing tables, nav bars, style to your fonts, your colors, your whole vibe. Hit publish once and Framer gives you blazing fast hosting. SEO handled all of it. No engineers, no tickets, no handoffs. Designers and marketers finally own the entire journey. You can even customize things like your cursor. Give it personality animations, brand color glow ups little touches that make your site feel alive. If you're still jumping between tools just to update your website, stop. Framer unifies design, CMS and publishing on one canvas. It's faster, cleaner and actually fun to build with. Ready to design, iterate and publish all in one tool. Start creating for free@framer.com design and use code Earn for a free month of framer pro. That's framer.com design and use promo code earn or framerit.com design promo code earn rules and restrictions may apply.
- [09:31]
D
There's nothing like sinking into luxury. Annabe sofas combine ultimate comfort and design at an affordable price. Annabe has designed the only fully machine washable sofa from top to bottom. The stain resistant performance fabric, slipcovers and cloud like frame duvet can go straight into your wash. Perfect for anyone with kids, pets or anyone who loves an easy to clean spotless sofa. With a modular design and changeable slipcovers, you can customize your sofa to fit any space and style. Whether you need a single chair, loveseat or a luxuriously large sectional, Annabe has you covered. Visit washablesofas.com to upgrade your home. Sofas start at just $699 and right now get early access to Blue Black Friday savings up to 60% off store wide with a 30 day money back guarantee. Shop now@washablesofas.com Add a little to your life. Offers are subject to change and certain restrictions may apply.
- [10:31]
E
Limu Cable and Doug Here we have the Limu Emu in its natural habitat helping people customize their car insurance and save hundreds with Liberty Mutual. Fascinating. It's accompanied by his natural ally, Doug.
- [10:49]
D
Limu is that guy with the binoculars.
- [10:51]
E
Watching Us cut the camera. They see us.
- [10:53]
B
Only pay for what you need@libertymutual.com Liberty Liberty Liberty Liberty Savings Fairy, undertaken by Liberty Mutual Insurance Company Affiliates, excludes Massachusetts. Hey, it's Ryan Seacrest for Albertsons and Safeway. Flu season is here and our pharmacies have you covered with a free flu shot with most insurance plans. Plus it's cough and cold season and now through December 2nd. Stock up on all the season's essentials and get ready for relief with discounts on items like Mucinex, Cold and flu, Kickstart, Mucinex, Fast Max products, Vicks Dayquil and nyquil Combo Pack. Alka Seltzer plus also Airborne and afrin. Offers end December 2nd. Restrictions apply and offers may vary by location. Visit Albertsons or Safeway.com for more details.
- [11:36]
A
So you're telling me that the AI that's meant to make everyone's job easier to manage just adds more to manage on top of the thousands of apps the IT department already manages? Funny how that works. Any business can add AI. IBM helps you scale and manage AI to change how you do business. Let's create Smile to Business IBM. Using the hopper. They've already had Blackwell by the time you got Blackwell and you're leasing, they've all. And then it's Rubin. Rubin. And so that becomes a depreciating asset. That business model is interesting, but the debt that they're taking on to. To expand is concerning because they have to generate a certain amount of revenue just to offset it. And it doesn't look like they're doing that right now, which is why you saw the stock fall so greatly From, I think 149. I think it's trading at like 70 now. And so that. That's my. My slight issue with Corey. I think it'll be here obviously, as Nvidia is has a vested stake in them, but that's my major concern record.
- [12:39]
C
Even with that core weave having a partnership with Nvidia, Corey is a mistress with a lot of debt. Just because you get to hang out once a week, it does not mean that your primary investment is over. With all y' all who kept acting like y' all on the video, it's over with all the holders. Some dead is good. Just a prime example of why it's not.
- [13:02]
A
No, you're saying they're over with Chloe.
- [13:06]
C
Not saying that they're not a class. No, no.
- [13:10]
A
I started it by saying.
- [13:11]
F
But it's a lot of people who.
- [13:13]
C
Were like, what they're gonna do.
- [13:14]
F
Yeah, you know what because people, people.
- [13:16]
A
Traded it and they did make money. So I'm not mad at those people who like hey, I was part of the IPO when it was at 40, then around great, I'm all for it.
- [13:24]
C
That's dope if you're in the private market. But even the people at the private they got rid of it. That's a shot. That's the other stock game.
- [13:31]
A
Yeah, the sell off. That's why I said we got to wait six months. Because after that six months hold up. We're going to see people say, all right, we're taking profit. We've made money, we've had it pre ipo. This is a nice run up.
- [13:42]
F
Let's.
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A
Let's take some profit off the table for events like this where it's now trading at 70. So we'll see where it heads over the next couple weeks. We'll see Wednesday again will be a teller.
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F
Right.
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C
They'll bounce back eventually get back into the 90s 100 range. But they that run up from 40 to like 170. Yeah, it was crazy overvalued chat put in chat, hit the like button and share. What about Palantir?
- [14:11]
A
I think Palt's issue is his valuation. What's the number? 17 something.
- [14:17]
C
1700 is too high. Like great company. I don't like what they do. I'm starting to like Alex a hell of a lot as the CEO, I won't lie. I don't like the mission because of how it affects black and brown people. But when it ran from 584 to 207 great returns. If you made money on it, I'm incredibly happy. But I don't know technically. Okay. If Palantir is publicly traded and are real getting as much coverage and lore around it. It's scary. If I'm a Palantir owner for sure now is there an ecosystem of both of them can thrive And I think of course Alex is a Elon ask CEO where he's driving a lot of the value through his vision, work ethic, selection and curation of executive executive management team for sure. But the valuation on this company is, is too high. And I even think if you look at Peter Thiel and Alex would if you got them in a private conversation they would tell you the same thing. Like the true range. They should be in the 1:21:30 range. If they were there, there would be more room to to go. But they hit their high for the year for sure.
- [15:39]
A
The forward PE is 185.
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C
That's insane.
- [15:45]
A
So I mean the revenue, the revenue isn't matching that just yet. Will it at some point.
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C
Right.
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A
We're talking about the amount of government contracts that they will secure. And I'm not just talking domestically, I'm talking like global government contracting that I'm sure that they'll play a role in. Yeah, that number, that, that, that, that revenue has to come in at some, at some point that could even match this. I think they're, they're a victim of, hey, this thing has run too high. People are talking about an AI bubble. This is AI tech in the, in the sense of having defense tech. Who is the poster child for high valuation. I think they're the poster child and this is the repercussions of it, this pullback here.
- [16:35]
C
After the Nvidia trade took off so well, everyone was looking for the next thing to park money into. Great company once again. Don't like the mission earners?
- [16:45]
F
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- [17:18]
A
Is seeing neighborhood businesses level up.
- [17:20]
F
There's this West Indian spot right in our community that started with a small takeout counter. Now with Square, they've been able to expand into a full sit down restaurant and even started catering events across the city. That's the kind of growth that inspires us. And it's powered by Square. Square is built for all types of businesses from the corner bagel shop that turned into a local chain to the specialty market with thousands of unique items to the stylist who's been holding you down for years. If you're a business owner or even just thinking about launching something soon, Square is hands down one of the best tools out there to help you start, run and grow. It's not just about payments, it's about giving you time back so you can focus on what matters most. Ready to see how Square can transform your business? Visit square.comgoeyl to learn more. That's square.com go. Don't wait, don't hesitate. Let Square handle the back end so you can keep pushing your Vision forward with Venmo Stash. A taco in one hand and ordering a ride in the other means you're stacking cash back. Nice. Get up to 5% cash back with Venmo Stash on your favorite brands when you pay with your Venmo debit card. From takeout to ride shares, entertainment and.
- [18:38]
C
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F
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- [18:55]
C
All.
- [18:55]
F
This is that classic HBCU vibe. Non stop action. The band is rocking and the crowd lit. Chance echo drum beat everybody showing that school pride game like this. Yeah, it calls for an ice cold Coca Cola. Ah, crisp and refreshing. That's a game changer right there. Yeah, that taste always hits the right note. Just like the band at halftime. And just like that, we're back at it. Passionate fans, school colors everywhere and in ice cold Coca Cola. That's a winning combo. No matter the sport, no matter the yard. Everybody knows fan work is thirsty work. So grab a Coca Cola and keep that HBCU pride going.
- [19:40]
G
This podcast is brought to you by FedEx. The new power Move hey, you know those people in your office who are always pulling old school corporate power moves? Like the guy who weaponizes eye contact. He's confident, he's engaged, he's often creepy. It's an old school power move. But this alpha dog laser gaze won't keep your supply chain moving across borders. The real power move? Having a smart platform that keeps up with the changing trade landscape. That's why smart businesses partner with FedEx and use the power of digital intelligence to navigate around supply chain issues before they happen. Set your sights on something that will actually improve your business. FedEx, the new power move.
- [20:29]
E
And Doug Here we have the Limu Emu in its natural habitat, helping people customize their car insurance and save hundreds with Liberty Mutual. Fascinating. It's accompanied by his natural ally, Doug.
- [20:45]
A
Limu is that guy with the binoculars watching us.
- [20:47]
E
Cut the camera. They see us.
- [20:49]
B
Only pay for what you need@libertymutual.com Liberty Liberty Liberty Liberty Savings Ferry Unwritten by Liberty Mutual Insurance Company and affiliates Excludes Massachusetts. Hey, it's Ryan Seacrest for Albertsons N Safeway. Flu season is here and our pharmacies have you covered with a free flu shot with most insurance plans. Plus it's cough and cold season and now through December 2nd. Stock up on all the season's essentials and get ready for relief with discounts on items like Mucinex, Cold and Flu, Kickstart, Mucinex, Fast Max Products, Vicks, Dayquil and nyquil Combo Pack. Alka select, also Airborne and afrin offers end December 2nd. Restrictions apply and offers may vary by location. Visit Albertsons or Safeway.com for more details.
- [21:28]
F
This is an iHeart podcast.