The Exchange

Netflix allows Warner Bros. Discovery to reopen talks with Paramount after it sweetened its bid for the streamer. Ford's surprise joint venture push. Plus, the bullish case for Amazon despite its near-record skid. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

It was a wild week on Wall Street as AI fears sparked selloffs in different sectors. We look through the wreckage for opportunities and highlight some names that could be “AI-proof.” Plus, why Nvidia’s moat keep shrinking. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The AI disruption is moving to new sectors. We look at the winners, the losers, and the biggest buying opportunities. Plus, real estate power player Ryan Serhant says the American Dream has changed. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Tom Donnelly, head of Mazda North America, on U.S. consumer demand, CX-5 strength, manufacturing moves and pricing amid tariff worries. Nancy Tangler, CEO and CIO of Laffer Tangler Investments, on tech positioning, AI-driven rotation and top software names to watch. They discuss hiring surprises, Fed implications, data center generator tailwinds and where investor opportunities may lie.

It’s a big week for econ data, and we’re off to an ugly start with retail sales. Apple has quietly outperformed the rest of the Mag 7 this year, and our analyst says there are reasons to be bullish from here. Plus, why Bitcoin could be getting closer to a bottom. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Anastasia Amoroso, private markets strategist at Partners Group, on how investors separate vulnerable software from durable AI-enabled leaders. Pippa Stevens, CNBC markets reporter, on rallies in gold, silver, lithium and uranium and retail buying trends. Gil Luria, tech research head at DA Davidson, on OpenAI momentum and why Oracle and Microsoft may benefit from rising AI compute demand.

Richard Bernstein, CEO and CIO at Richard Bernstein Advisors, gives a macro take on market breadth and nominal GDP. Gil Luria, head of technology research at DA Davidson, breaks down hyperscaler capex, cloud competition, and AI infrastructure winners. They discuss the Dow rally toward 50,000, who benefits from the AI build-out, and why bitcoin’s bounce may not signal a durable bottom.

Tech's pain is consumer staples' gain, as the mag 7, chips, and software all take hits, while the likes of Coca-Cola and Hershey's hit highs. But, after fresh jobs data disappoints and Revelio Labs says the labor market is now "permanently smaller," is the market action rotation or risk-off? Plus, Bitcoin is on pace for its worst week since November 2022, putting Strategy's crypto hoard underwater. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The software sell-off continues, but the CEOs of LegalZoom and Box both say AI agents will make those platforms more valuable in the long run. Futurum makes the case for Google as an AI infrastructure utility ahead of earnings. Plus, the potential headwinds on the horizon for Bitcoin. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Walter Isaacson, acclaimed biographer of technology leaders, offers a sharp take on Musk's strategy and corporate blending. Conversation covers the rationale behind merging satellite, AI, and robotics businesses. Discussion also touches on Disney's leadership change and Walmart joining the $1 trillion club.