Warren Buffett Hits $1 Trillion & Nvidia Earnings
Phil Rosen, the Co-Founder of Opening Bell Daily, and Anthony Pompliano, CEO of Professional Capital Management, discuss Nvidia, hype behind AI stocks, how to think about future earnings for these companies, Berkshire Hathaway hitting $1 trillion market value, potential recession, housing prices, inflation, CEO’s switching companies, and more.
TIMESTAMPS:
0:00 - Intro
1:00 - Nvidia market cap
9:34 - Berkshire Hathaway hits $1 trillion market cap
12:27 - Tech vs industrial companies
16:20 - Hype behind AI stocks
23:26 - Current market outlook
31:05 - Will interest rate cuts bring down inflation?
35:40 - “The more people talk about a recession, the less likely it is to happen”
38:40 - Case for why a recession is coming
45:30 - Mainstream financial press
47:53 - Can a new CEO reshape a company?
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