This week on Prof G Markets, Scott and Ed open the show with a discussion around why Microsoft and Apple have relinquished their board observer seats at OpenAI. Then Scott breaks down Nike’s fall from dominance, shares some insight from when Nike was a client at L2, and considers if the stock is a buy. Finally, Scott and Ed discuss the state of the UK economy post-election and Ed identifies his largest point of concern with the Labour party’s manifesto.
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Timestamps:
00:00 - Today's number
00:20 - Today's episode
03:39 - Market Vitals/Headlines
19:41 - Nike’s Dramatic Downfall
32:25 - Britain’s Road to Economic Recovery
42:27 - Week Ahead
42:41 - Prediction
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Headlines:
Microsoft, Apple Drop OpenAI Board Plans as Scrutiny Grows
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CNN cuts jobs as part of digital overhaul
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Andreessen Horowitz is collecting thousands of AI chips to help secure deals with AI startups
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xAI Appears to Confirm Ended Talks With Oracle Over Expanded AI Chips Agreement
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