원문 보기
in your new note you say that more business deals are made when Trump is in office why is that the case and where yeah it's been a gold mine and I think M and it will go just right regulation and overconfidence in valuations have been big problems but now there will be a flood of mergers and Acquisitions especially in I core software and cyber security in both the public and private markets I think there will be a lot more going on it's kind of like a tech prom where no one has really asked anyone to dance until now I believe this will begin soon and I believe there will be a lot of mergers and Acquisitions while Trump is in office that's in the public markets then I'm going to come over to you Alex as we already said you're an early stage investor in both Pinterest and eron you're in touch with the private markets a lot so now that President Trump or president elect Trump is in office what does that mean for tech companies in the private markets we had heard that values were under some stress before does that change now that Trump is back in office I believe that private companies will do very well in the future I think there are some companies especially ones connected to Elon Musk like SpaceX that the Outlook is just very good we've seen what Elon Musk can do when the White House is mostly against him I think it will be amazing to see what he can do when the White House is neutral or on his side I believe this is true in all private markets to be clear Al Al we were not on air the name for it is the musk economy this is a picture of what we call the Elon Musk business Empire in fact there are a lot of them the boring company XA Tesla SpaceX and X itself so when you look at these different companies what kind of value increase do you think we have now that Elon Musk may be part of a government that seems to be more friendly in a way I think SpaceX and Tesla are so important that they helped Trump win the election there should be less government oversight and a greater desire to build in the United States this will allow for the much faster construction of these potentially amazing infrastructures across the country especially in the redder states that voted for him Dan I'd like to talk to you again in your new note you say that you expect to see more murgers and Acquisitions M and A under a trump President we were together though on Election night you were in the studio with us and we were talking about about this we saw some stocks like Tesla go through the roof we've talked a lot about that but you say that you think other stocks will do well like Palante Google and apple why does that happen this is going to be a great time for AI technology and I think Panter will be at the Forefront of it all everything karp and his team do especially from the point of view of the US Department of Defense will cause a lot of money to be spent there look at Microsoft Amazon and Google they are all hyperscalers this is really going to be a new age of AI infrastructure also when it comes to Apple I think this consumer eye change goes through Cupertino even though there are some worries about tariffs with China that's why I think Trump's election brings all of this together for Tech I agree with everything Alex said great amazing points this is the start of a new era in the tech bull market now that people think there will be less control some Industries have grown do you think Tech will keep getting that much better in the future it looks like everyone agrees that Lena KH will no longer work for the FTC and that the rules will be changed Khan has been terrible for Tech and I think everyone agrees that when she's gone Everything Changes some of the things Alex talked about the rules will be so much better for deals and mergers and Acquisitions as the ey change continues I think big Tech will become a little more aggressive when it comes to mergers and Acquisitions especially esally when it comes to a so Alex let's talk about some of these big private tech companies for example SpaceX is worth $210 billion openai is worth more than $150 billion and stripe is worth over $65 billion it's kind of like a sleeping giant does a trump presidency make it more likely that these businesses will go public faster does it change how much it's worth what does it do for these businesses that haven't been in the public market maret yet but look like they might be ready to jump in yes I do believe that the markets will open earlier now that we know for sure what will happen in the White House I agree with what Dan says the m and a market is open for business it makes me happy to know that many of our friends are excited to start buying other businesses this will help return Capital along with the IPOs that I think are going to happen anyway Nidia is one of the biggest stocks in the market and sometimes the biggest because it goes up and down with apple I forgot to mention an important piece of news about it Sarat Nvidia is joining the Dow the other day we heard that news that will be Friday before the Bell Rings just think about that for a moment what does the fact that birkshire sold its shares affect the way the stock trades for Apple what does this mean for the way the stock trades for NVIDIA I believe it keeps going that's what makes it important getting rid of Intel and putting Nvidia in its place is a way of saying hey this is a company that's going to be there for a long time there won't be as much of a good tailin for the Dow as there would be for the S and P since not as many people are buying it this does however show that these items will be around for a while which is great for the stock okay okay Nvidia is now briefly ahead of Apple in terms of market value you can see that it's what $3.38 n trillion instead of 3.3 $382 trillion that measure hasn't put it above Apple since June so Nvidia is doing really well sorry but I don't think either is suffering it's a great market cap we're back now after last week's earnings Reports most Mega cap stocks are down the only one that isn't down yet is NVIDIA the news that the company will be joining the Dow this week has caused those shares to go up aswa Matan who is the head of valuation at NYU Stern School of business is here to talk about the Magnificent 7 it's great to see you again thanks Scott you've had a chance to think about these as a shareholder and a viewer which are both important to us what did you learn it seems like these businesses are very good at making money these days look at them they look at what was expected and come in 2 to 3% higher it's now time to ask why we even bother with forecasts when they're going to Beat It by 2% or 3% but I think the real story is written in the earnings reports and I think you can see it in how companies work for example Microsoft knows that ibas goods and services have potential but they aren't living up to the promise in terms of making money I then look at all of the companies and see that there are no big differences in either way but I believe that what you should be seeking is a shift in the story which is not present at this time the story has pretty much been the same all year have you ever sold any of your own shares in these companies I I just want to keep our people up to date because as I said you're not only an observer but also a fan of many of these names it's been about a year and a half since I sold half of my Nvidia since then I haven't moved down on any of them or bought more I feel pretty good about what I own because I think about how much I paid for these stocks not how much they were worth three or two months ago as an investor all I need to do is be okay with the choices I've made you got into those names early which is why you're a professor of Finance at the stern School of Business how about semis we talked about how Nvidia is putting apple right at the top of the market cap list even though it's had a great run this Market doesn't have an Nvidia stock how are you going to rate the Samus this is the one place I think you've really seen leadership break down and this has been the case all spring summer and fall
Comments 0