00:00 Speaker a
Starting with Amazon, it plans to double the number of cities offering the same daily delivery, expanding its position in the grocery delivery business by the end of the year. So this was fun now. So, that's right. That's why we have grocery stores in 2,300 cities by the end of this year. It sounds like Amazon Prime subscribers are free and free on orders over $25, but most of the time it's around $13 for non-member prices. Analysts now, I saw some people saying, hear, this can pull some on-demand orders away, they were saying by the name like they mentioned Walmart, they mentioned Kroger. What do you do with that?
01:12 Speaker b
Well, what do you know, Amazon is like a branch. It's AI stocks, but then wait, they're a huge retailer. It is Uberfication, Uberfication, of our entire economy. Well, this is a good thing because people don't want to go outside. Inventory is up 1%. What can you do?
01:47 Speaker a
What can you do? Incidentally, the Truist team is an Amazon fan. This is what they said to their clients. They said they are actively watching Amazon's moves. It is necessary to promote additional growth in very important everyday essential categories. I'll go there.
02:21 Speaker b
Yeah.
02:22 Speaker a
It's okay, time about another big name Apple. We are focusing on new products and working to grow our AI business. According to a report from Bloomberg. Well, this comes from UH Markgerman in Bloomberg and is planning a new device right now. So we're talking about robots. Apparently they've got a smart speaker with AI with displays and home security cameras. Um, what do you do with that?
03:08 Speaker b
So it's a very wide drawing. Well, we're going from AI chatbots to AI stuff. Talk to Adam Jonas and read his report. Um, cameras, robots, desktop robots, humanoid robots. Well, to be a bit light-jourishing, Apple seems to see what Elon Musk said two years ago and do it. You know, they are Project Titan, an autonomous electric vehicle. And now we do humanoid robots. Well, there are dozens of humanoid robots in the US led by something like Tesla on the Optimus Project, which they would like to start selling at 26. You are about to sell humanoid robots at 28.
04:30 Speaker a
So, does this actually happen? Are these products currently colliding with the shelves? We need to wait who knows. Of course, it depends, of course, on the need to use some of this and land on AI software.
04:53 Speaker b
Yeah. Well, um, don't forget about Nvidia's Jensen. So it's one of these cases of many optimism, even from industry leaders, things have improved and, as you say, you've become stuck on the landing.
05:26 Speaker a
Okay. Finally, listen here on Centrus Energy Stock. That's ticking after the company announced it would publish $650 million in convertible senior notes in 2032. Well, they actually reported the results recently. That appears to have been revenue of 154 million in the second quarter, with net income of around 29 million. Inventory is declining today. However, you need to be aware of the big moves this year.
06:13 Speaker b
Yes, I can't believe it. For the past 12 months, we still seem to be 400%. This is nuclear play. Well, the core is AI play. Don't forget when Amazon signed a contract with Talon Energy in 2024 for nuclear power to fund the AI Hungry data center. Umm, these utility stocks, um, constellations energy, Talon, they all went crazy. Well, Kameko supplies uranium. This is a uranium supply play. Well, your core is a super hot area of the market. It's the AI we were just chatting with, you know, you know, you know, you know, you know, you know, you know, you know, and you know. So, again, when stock is high, you collect some money. This is a memo offer and if you just look at the charts, this stock is incredible. But again, it's like this nuclear story.
