Ed Elson and Scott Galloway are joined by Aswath Damodaran to break down the biggest takeaways from Big Tech earnings. He explains what the latest results reveal about the AI race, why he&#x27;s becoming increasingly concerned about the Magnificent Seven&#x27;s AI spending, and how he values the hyperscalers. They also discuss how much AI risk is already priced into the market and whether SpaceX&#x27;s current valuation is justified. Subscribe to the Prof G Markets Youtube Channel Check out our latest Prof G Markets newsletter Follow Prof G Markets on Instagram Follow Ed on Instagram, X and Substack Follow Scott on Instagram Send us your questions or comments by emailing Markets@profgmedia.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

Aswath Damodaran: Big Tech Has No Idea How AI Pays Off

Prof G Markets

[SPEAKER_07] Powders, pills, plunges. Everywhere you look, there seems to be a new wellness trend. We all want to feel good. And if there's a way to feel better, I think, wouldn't you want to try it? I would. What's the cost of being well? And why are we so obsessed with it in the first place? That's this week on Explain It To Me. Find episodes every Sunday, wherever you get your podcasts.

[SPEAKER_06] Today is number 48. That's the percentage of U.S. adults who now support the idea of banning phones for the full school day. Ed, why did the smartphone need glasses? Why?

[SPEAKER_00] Because it lost all its contacts. How are you, Ed?

[SPEAKER_04] I'm doing well. I've got to tell you, I'm excited for vacation, which is happening for me in about two weeks. Where are you headed? Oh, wait. We talked about where. You're going somewhere fabulous. I'm going to Austria. I'm going to a wedding in Germany, and then I'm going to drive to Kitzbühel in Austria. Oh, Kitzbühel. I've been to Kitzbühel. It's great. Quite frankly, it's great for kids. I am very excited. It'll be very nice. We'll go hiking. We'll play sports. We'll do saunas and swim.

[SPEAKER_04] It'll be a very health-oriented vacation, which is exactly what I want right now. It's a wedding, you said? Yeah, I have a wedding first, and then I've attached, sort of bolted on a vacation next to it. So I'm pretty proud of how I've kind of maneuvered this, because we have the wedding in Bavaria, which will be awesome. And then rent the car, drive about two hours into Austria, and then spend the week at a hotel.

[SPEAKER_04] So I'm very excited about this one.

Aswath Damodaran: Big Tech Has No Idea How AI Pays Off

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Aswath Damodaran: Big Tech Has No Idea How AI Pays Off

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.