00:00 tom
Apparently, they’re going to let their agents do everything, but who knows if this will actually happen someday.
00:06 tom
But, you know, Jensen fans have a great ability to talk about the future of AI and all the things that AI is going to do. And now, the market mindset is that any fun talk about AI automatically creates a bull market.
00:23 tom
And the release of a chip that will power laptops and potentially change them forever has sent many stocks, including Nvidia, up.
00:34 tom
Well, here we go again.
00:36 tom
Now, the geopolitical headlines have gotten a little grim over the last 10 minutes, but as you know, the AI enthusiasm that powers this market is alive and well.
00:47 tom
Whispering AI may seem like a 10% increase in stock prices, but if things stay the same, the profits will be surprisingly large. By the way, many of these companies have increased profits. So this is more than just hype. These companies are making tons of money.
01:05 brian
But Tom, actually, one of the stocks that’s been talked about this morning is ServiceNow. The company remained abandoned for most of the year. In other words, stock prices have completely collapsed. What you’re saying is, uh, ServiceNow is worth 10% more today than it was at Friday’s closing bell.
01:21 tom
No, isn’t that so? I mean, I think it’s because people go after it, Brian, and you’re absolutely right. I mean, these stock moves really should give people pause for a second. Again, I understand that too. Nvidia has announced a chip that could revolutionize laptops. I see, that’s amazing. I think it’s going to be great when it comes out.
01:43 tom
I don’t know why suddenly the service was up for bid and everyone was rushing to it. There’s a lot of money flowing into this deal, but they’re just looking for a home.
01:54 tom
So all kinds of positive headlines, all kinds of positive reasoning that’s causing an ocean of money to go after this deal. It’s like spilling into every corner of the room.
02:05 tom
Yes, that’s exactly what’s happening right now, and the constant stream of positive news about AI is just keeping the money flowing.
