On The Tape

Dan Nathan is joined by Brad Erickson, an internet analyst at RBC Capital Markets, at the RBC Capital Private Tech Conference. They discuss the performance and outlook of key tech stocks like Google and Meta amidst market volatility and AI developments. The conversation highlights the impact of AI search on Google's revenue and the competitive landscape between Google and Apple. Erickson also touches on Meta's growth in advertising efficiency and new product rollouts. After the break, Dan dives into the broader effects of generative AI on other software companies like ServiceNow and Snowflake with Matt Hedberg, Managing Director and Head of Software Research at RBCCM. Hedberg elaborates on the early monetization of AI in software, the long-term potential of companies like Snowflake and ServiceNow, and the strategic importance of cybersecurity firms like CrowdStrike and Palo Alto in an evolving tech landscape. —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media

Dan Nathan hosts Lori Calvasina, Managing Director and Head of US Equity Strategy at RBC. They discuss market trends, economic indicators, and the impact of geopolitical events and tariffs on market performance. Lori shares her insights on equity targets, valuation concerns, and the influence of passive investing and institutional behavior. The conversation also covers the significant role of AI in corporate strategy, fluctuations in the 10-year yield, and investor reactions to recent market movements. Lori emphasizes the importance of adaptability and a data-driven approach in forecast and strategy amidst market uncertainties. —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media

SUBSCRIBE to 'On The Tape' YouTube: http://youtu.be/KGhR4WGAQ6w Apple: http://apple.co/3YGdXr9 Spotify: http://tinyurl.com/3kaxvtsy Danny Moses welcomes back former partners Porter Collins and Vincent Daniel from Seawolf Capital. The discussion begins with brief backgrounds of the guests and highlights from their careers, including their time at Goldman Sachs and founding Seawolf Capital. The conversation transitions into their perspectives on the current volatile market environment, where they discuss managing personal investments versus others' money, stock picking strategies, and the importance of upgrading portfolios during market downturns. The trio also delves into the impacts of tariffs, the importance of liquidity, and the role of gold and Bitcoin as safe-haven assets. They share their investment strategies in sectors like energy, financial services, and discuss specific stocks such as Sable Offshore and Uranium. The episode concludes with lighter topics including sports betting and their predictions for the PGA Championship and the Preakness. --ABOUT THE SHOWFor decades, Danny has seen it all on Wall Street and has built his reputation on integrity, curiosity and skepticism that he will bring with him each week. Having traded through the Great Financial Crisis and being featured in "The Big Short" is only part of the experiences Danny wants to share with the listener. This weekly podcast cuts through market noise, offering entertaining and informative discussions with expert guests giving their views of the financial world and the human side of it. Whether you're a seasoned investor or just getting started, On The Tape provides something for all listeners. Follow Danny on X: @dmoses34 The financial opinions expressed are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on this content.Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in 'On The Tape' carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose. Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service.

Dan Nathan speaks with Sina Chehrazi, the CEO and founder of Nayya, a company innovating in the employee benefits sector. They discuss diverse topics such as Chehrazi's personal and professional background, the painful complexity of healthcare, and the evolving mission of Nayya. Chehrazi details the company's use of AI and data integration to improve the selection, utilization, and optimization of benefits for employees, emphasizing the importance of user experience. The conversation also covers the broader implications of Nayya's impact on the healthcare market, partnerships with major tech firms, and the potential future of consumer-directed healthcare services. Additionally, they address current events, including an executive order by the Trump administration aimed at reducing drug prices, and the ramifications on the industry. Chehrazi expresses a strong sentiment for the need to curb excessive healthcare costs to promote a healthier and more sustainable market environment. —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media

Dan Nathan talks with Peter Boockvar from Bleakley Financial Group about the recent developments in the China-US trade deal and its implications on various markets, including stocks, currencies, and commodities. They delve into the impact of tariff rates, the economic strategies of both countries, and the potential scenarios that could play out over the next few months. Peter highlights China's advancements in technology and manufacturing, and how these changes affect global economic dynamics. They also discuss the potential effects on corporate tax rates, investment strategies, and the broader economic landscape, emphasizing the challenges businesses face in this uncertain environment. The episode concludes with thoughts on the future of the financial markets, the importance of international investments, and perspectives on gold and other assets. Get Peter's Newsletter: https://peterboockvar.substack.com/ —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media

Guy Adami and Dan Nathan delve into the implications of the U.S.-China tariff negotiations and their impact on the markets, alongside a detailed discussion on the U.S. 10-year Treasury yield and inflation concerns. Key stocks such as Nvidia, Boeing, and UnitedHealth (UNH) are analyzed, with insights into their recent performance and the broader market sentiment. Additionally, the episode touches on the strategic movements of investment legends such as Warren Buffett and Paul Tudor Jones, offering listeners valuable perspectives on market strategies and investor behavior. —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media

Dan Nathan and Dan Ives, Global Head of Technology Research at Wedbush, engage in a detailed discussion on recent tech market dynamics. They reflect on a particularly challenging period in April, marked by falling markets, rising yields, and tariff impacts. They touch on topics like major tech earnings, AI developments, and enterprise spending trends. Ives highlights the importance of survey data in technology research and shares insights into companies like Microsoft, Amazon, Apple, and Google. The conversation also covers the future of AI-driven revenue, autonomous vehicles, and the importance of Apple's strategic decisions in the evolving tech landscape. —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media

Dan Nathan and Dan Benton discuss tech investing on the RiskReversal Podcast. Benton, CEO at Benton Capital Management and a legendary former technology analyst at Goldman Sachs, shares his experiences from the 90s to the present. They delve into his famous '20 investing rules' for technology, the secular shift towards the internet, and valuation principles. Key conversations include the evolution of major tech companies like Apple, Microsoft, and Google, their strategies, management styles, and the broader implications of AI and AR/VR. They also discuss future prospects for companies like Nvidia and Tesla, touching on SpaceX's potential impact. The discussion highlights the importance of innovation, management quality, and strategic foresight in tech investing. Dan's Rules For Tech Investing —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media

Dan Nathan is joined by Danny Moses from the On The Tape podcast. They discuss the recent Fed press conference focusing on the market's reaction to Fed policies, tariffs, and economic indicators such as unemployment and inflation. The episode then transitions to a conversation with Rick Heitzmann, founder of FirstMark Capital, and John Bennett, CEO of Dashlane. They delve into cybersecurity trends, the rise of password-less security measures, and Dashlane's focus on enhancing both consumer and enterprise security. The episode also touches on the broader implications of AI in cybersecurity and the shifting landscape of tech investments. —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media

Dan Nathan and Gene Munster, managing partner at Deepwater Asset Management, dive deep into the performance and future prospects of major tech companies. They begin with a nostalgic look at Apple's early ventures into audio products before moving into a comprehensive review of Apple's recent earnings call, highlighting China's impact on its performance and future AI integrations. The discussion then shifts to Microsoft's mixed results despite its early investments in generative AI, particularly through its partnership with OpenAI, and possible future partnerships with lesser-known AI companies like Anthropic. They also touch on Google's challenges with AI improvements and ad revenue, and how Gemini stacks up against OpenAI. The episode concludes with a critical view of Tesla's current market performance, Elon Musk's leadership, and potential future strategies, including a possible merger with his other ventures like X and XAI. — FOLLOW US YouTube: @RiskReversalMedia Instagram: @riskreversalmedia Twitter: @RiskReversal LinkedIn: RiskReversal Media

Mike Novogratz, founder and CEO of Galaxy Digital, to discuss the company's long-awaited listing on the Nasdaq. Novogratz shares insights into the challenges faced over the past four and a half years, including interactions with the SEC and the impact of the Biden administration's policies on the crypto sector. They delve into the significance of the listing for Galaxy Digital, the resilience developed by the company, and their diversification into the data center business. The conversation also touches on macroeconomic themes such as the U.S. stock market, the impact of tariffs, the state of the bond market, and the evolving role of the U.S. dollar. Additionally, Novogratz provides his perspective on Bitcoin and the broader cryptocurrency market, including the potential for a BRICS stablecoin backed by gold and the implications of fiscal policy on asset prices. —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media

Guy Adami and Dan Nathan preview the upcoming Federal Reserve meetings, and the lingering effects of trade tensions with China. They highlight key economic indicators, such as the strength of the U.S. dollar, crude oil prices, and job numbers. The discussion also covers significant earnings reports for the week, including Apple, Palantir, Disney, Uber, and Novo Nordisk. The episode also touches on Warren Buffet's increasing cash reserves and broader market sentiment amidst geopolitical uncertainties. Timecodes 0:00 - SPX Key Levels 5:30 - Buffet's Cash & Risk 12:30 - Oil Impact 16:15 - AAPL & Indicators 21:00 - Sentiment 27:30 - Earnings To Watch —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media

Guy Adami welcomes Stuart Sopp, CEO of Current, to discuss the significant changes in the market since their last conversation on December 24th. They explore the increase in market volatility observed since January and the impact on various sectors, especially exchanges that benefit from high volatility. The conversation delves into the effects of stockpiling before important events like tax refund season, which is crucial for Current's customers who rely heavily on affordable banking services. Stuart highlights rising stress indicators such as increasing delinquency rates and reduced discretionary spending on items like gas and fast food. The duo discusses the job market, potential recession risks, and the impacts of ongoing trade tensions with China. They also analyze the U.S. dollar's weakening position and the potential ramifications on global markets, as well as the controversial handling of the gold repatriation by various countries. The episode concludes with a cautious outlook on the U.S. economy's future, considering the administration's policies and the potential for further market disruptions. —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media

Dan Nathan is joined by Dan Greenhaus , Strategist at Solus Alternative Asset Management. The duo discuss recent market trends, including significant economic indicators like GDP and PCE, and delve into the impact of tariffs and trade deals on the stock market. Greenhaus offers a contrarian perspective on the current market sentiment, arguing that the potential for a shallow recession has been overstated. The conversation also touches on the durability of consumer spending, the implications of AI investment, and the potential trajectories for the S&P 500 and NASDAQ. Packed with valuable insights, this episode provides a thoughtful analysis of both immediate market conditions and longer-term economic forecasts. —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media

Dan Nathan is joined by seasoned analyst Steve Milunovich. Steve, who has a rich history as a sell-side analyst at Merrill Lynch and other institutions, discusses the various technological waves spanning from the centralized computing era of mainframes to the current generative AI boom. They dive deep into the historical context of tech market cycles, including the dot-com bubble and the rise of mobile, social, and cloud computing. Steve shares his insights on the role of major tech giants like Microsoft, Google, Apple, and Nvidia in these cycles and the challenges of identifying future market leaders. The episode also explores frameworks for investing in individual companies, highlighting key differentiation strategies and the evolving nature of tech ecosystems. Finally, Dan and Steve reflect on the entrepreneurial legacies of Steve Jobs and Elon Musk. References The Carlota Perez Framework (AVC) AI's $600B Question (Sequoia) Hamilton Helmer's 7 Powers —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media

Guy Adami and Dan Nathan dissect the current state of the market after the second Trump administration's first 100 days, tariff impacts, and key economic events. The pair highlights significant headlines from the Wall Street Journal and discusses the implications of automotive tariffs, GM profits, and job cuts at UPS. They weigh in on the persistent high volatility index, bond market movements, and the differing stances within the financial sector, particularly David Solomon's comments from Goldman Sachs. The episode also examines macroeconomic factors affecting big tech companies like Nvidia and Microsoft, CapEx investments, and the potential for an economic recession. The conversation wraps up with expectations for upcoming Federal Reserve meetings, earnings reports, and job numbers, emphasizing the intertwined nature of global economic policies and market reactions. —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media

Dan Nathan and Guy Adami look forward to the impactful earnings reports from major tech giants like Meta, Microsoft, Amazon, and Apple, even as the market anticipates Friday's jobs report. They analyze specific companies, including Tesla's contentious earnings call and Google's recent performance, and consider broader economic themes like the potential for a weaker US dollar and its implications. Articles Unhedged and Burned, Stock Investors Brace for More Dollar Pain (Bloomberg) China's Huawei Develops New AI Chip, Seeking to Match Nvidia (WSJ) The new AI calculus: Google's 80% cost edge vs. OpenAI's ecosystem (Venture Beat) —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media

Guy Adami interviews Mike Kao from Kainos Capital Management. They discuss recent unprecedented movements in currencies, commodities, and the bond market. Mike delves into the concepts of dollar hegemony and the distinction between currency strength and adoption. He examines the current state of U.S. debt, global reserve currencies, and the potential impact of a shift towards gold. The conversation also covers Trump's economic policies, a possible peace black swan effect, and the volatile oil market. Mike concludes with his views on the stock market, emphasizing the importance of event-driven investments amidst market volatility. Article Referenced The dollar has further to fall (FT) — FOLLOW US YouTube: @RiskReversalMedia Instagram: @riskreversalmedia Twitter: @RiskReversal LinkedIn: RiskReversal Media

Dan Nathan hosts portfolio manager Dan Niles of Niles Investment Management. They discuss Dan's January prediction to prioritize cash over high-growth stocks, given the market's volatility and macroeconomic uncertainty. The conversation covers critical topics like policy uncertainty, inflation, and market valuations, and the impact of AI investments. They also delve into specific company performances, such as Tesla's market challenges and the evolving landscape for major tech firms like Google, Meta, and Apple. Through this discussion, Dan Niles emphasizes the importance of understanding fundamentals and the risks of investing in overvalued stocks. The episode concludes with reflections on historical market patterns and their implications for current investment strategies. Timecodes 0:00 - 2025 Thus Far 8:00 - TSLA & Futurists 18:45 - GOOGL 23:00 - META 28:00 - AAPL & The State of AI Follow Dan Niles on Twitter: https://x.com/danieltniles — FOLLOW US YouTube: @RiskReversalMedia Instagram: @riskreversalmedia Twitter: @RiskReversal LinkedIn: RiskReversal Media

Guy is joined by Danielle DiMartino Booth, CEO and Chief Strategist at QI Research, joins to discuss Federal Reserve policies and their impacts on the U.S. eco nomy. The conversation starts with the current political tension surrounding Fed Chairman Jerome Powell and the administration's frustrations with him. Danielle highlights her disappointment with the Fed's handling of the economy, citing missed revenue targets as an indicator of pre-existing economic stress before the ongoing trade war. The discussion explores the inefficacy of tariffs, the complex dynamics of ten-year yields, and the significant issues of rising bankruptcy rates. Danielle also touches on the shifting trends in the bond and gold markets, the currency exchange rate crisis, and the increasing importance of liquidity in financial markets. With a call for stronger leadership and a critique of current economic policies, this episode offers a thorough analysis of the broader economic landscape and the challenges facing the Federal Reserve. — FOLLOW US YouTube: @RiskReversalMedia Instagram: @riskreversalmedia Twitter: @RiskReversal LinkedIn: RiskReversal Media

Dan Nathan hosts Gene Munster, Managing Partner at Deepwater Asset Management, on the Risk Reversal Podcast. They discuss the frustrating state of the stock market, focusing on issues such as tariffs, trade wars, and economic fundamentals. Gene shares a personal anecdote about market prediction challenges and reflects on the economic outlook amid geopolitical tensions. They delve into the performance of major stocks, including Tesla and Google, and explore the impact of AI and search technologies on Google's business model. The episode also touches on Nvidia's challenges due to export bans and the pressure on tech stocks. Dan and Gene provide an in-depth analysis of market conditions and future projections, emphasizing the importance of both short-term awareness and long-term optimism. — FOLLOW US YouTube: @RiskReversalMedia Instagram: @riskreversalmedia Twitter: @RiskReversal LinkedIn: RiskReversal Media

Dan and Guy highlight significant market movements, including declines in the S&P 500 and NASDAQ, a volatile VIX, the crashing U.S. dollar, surging Bitcoin prices, and record-breaking gold values. A central theme of the conversation is the potential ramifications if President Trump were to fire Fed Chair Jerome Powell, including effects on the dollar, bond yields, and stock markets. They also explore the broader impacts of trade wars, tariffs, and geopolitical tensions, emphasizing the role of confidence in economic stability. The episode wraps up with insights into upcoming economic indicators and their potential market implications. — FOLLOW US YouTube: @RiskReversalMedia Instagram: @riskreversalmedia Twitter: @RiskReversal LinkedIn: RiskReversal Media

Guy Adami and Anastasia Amoroso, Managing Director and Chief Investment Strategist at iCapital, discuss the current state of the markets and the impact of persistent volatility. They cover the effects of rising tariffs, shifting Fed policies, and how investors can navigate uncertainty by balancing defensive positions with long-term opportunities. Anastasia shares insights on sector resilience, the outlook for banks, and the evolving role of trade deals in shaping market sentiment. They also explore the future of U.S. manufacturing, the labor market, and the global shift in supply chains. — FOLLOW US YouTube: @RiskReversalMedia Instagram: @riskreversalmedia Twitter: @RiskReversal LinkedIn: RiskReversal Media

Jeff Richards of Notable Capital joins Dan Nathan to break down today's market volatility, the impact of trade policy and tech sector uncertainty, and how private company founders are navigating this choppy environment. They discuss why AI and small business tech are long-term growth areas, the challenges facing IPOs and M&A, and why much of today's innovation is happening in private markets. Richards highlights cybersecurity and alternative asset managers as strong sectors, and predicts a bumpy 2025 but major long-term opportunities as AI adoption accelerates. — FOLLOW US YouTube: @RiskReversalMedia Instagram: @riskreversalmedia Twitter: @RiskReversal LinkedIn: RiskReversal Media

In this episode of "RiskReversal Pod," Dan Nathan sits down with Josh Wolfe, founder and managing director at Lux Capital. The discussion delves into the current state of venture capital, macroeconomic forces, and the impact of rising interest rates on private and public markets. Wolfe shares insights on the generative AI landscape, the dynamics between large tech companies and startups, and the valuation discrepancies between private and public markets. The conversation also explores the psychology of investing, the importance of proprietary data in the AI era, and the evolving role of leadership and narrative in business and politics. The episode blends market analysis, personal anecdotes, and broader reflections on human nature and decision-making in finance and technology — FOLLOW US YouTube: @RiskReversalMedia Instagram: @riskreversalmedia Twitter: @RiskReversal LinkedIn: RiskReversal Media

Special discount for Fast Money Live! Go to FastMoneyLive.CNBC.com and use the promo code FM25. We hope to see you there! In this episode of the Risk Reversal podcast, Dan Nathan and Guy Adami are joined by Cameron Dawson, Chief Investment Officer at NewEdge Wealth, to discuss a range of timely financial and economic topics. They begin by reflecting on Cameron's market outlook for 2025, noting how high valuations and investor optimism have left little room for error, and how recent market volatility may signal a shift toward a more downward trend. The conversation covers the risks of multiple compression, the cyclical nature of major tech stocks, and the challenges of interpreting economic data—especially as soft data weakens and the potential impact of tariffs looms. They analyze the effects of recent and proposed tariffs, debating their purposes (negotiation, manufacturing reorientation, or revenue generation) and their likely consequences for growth, inflation, and consumers. The discussion also delves into the volatility in bond and currency markets, concerns about foreign holders of U.S. debt, and the implications of central bank gold buying. The hosts consider the Federal Reserve's policy options in the face of stagflation and political pressures and speculate on the risks to Fed independence. Finally, they explore sector strategies for navigating volatility, the importance of a long-term investment perspective, and the potential for both defensive and high-beta stocks to play a role in portfolios during uncertain times. — FOLLOW US YouTube: @RiskReversalMedia Instagram: @riskreversalmedia Twitter: @RiskReversal LinkedIn: RiskReversal Media

In this episode of the Risk Reversal Podcast, Dan Nathan and Guy Adami dive into the latest market-moving developments, including bond market volatility, the impact of tariff uncertainties, and the implications for global trade and investor confidence. They analyze the Federal Reserve's role, rising U.S. Treasury yields, and how these trends could signal broader economic risks. The discussion also covers key earnings reports from major banks and tech companies, as well as the potential ripple effects on consumer spending and corporate strategies. Tune in for a comprehensive breakdown of what to watch in the markets this week. — FOLLOW US YouTube: @RiskReversalMedia Instagram: @riskreversalmedia Twitter: @RiskReversal LinkedIn: RiskReversal Media

Dan Nathan is joined by Dan Ives, Global Head of Technology Research at Wedbush Securities, to discuss the current state of the tech sector and broader market dynamics. The podcast covers a range of topics including the impact of tariffs on the U.S. tech industry, the potential long-term effects on supply chains, and the implications for major tech companies like Nvidia, Apple, Microsoft, Google, Meta, Amazon, and Tesla. Dan Ives shares his concerns about the structural damage to the tech sector and provides insight into his revised earnings estimates for these companies. The conversation also touches on the resilience of certain stocks, the anticipated performance of hyperscalers, and the broader economic challenges posed by current U.S. policies. Despite the market volatility, both Dans emphasize the importance of staying well-informed and managing investment strategies carefully during uncertain times. — FOLLOW US YouTube: @RiskReversalMedia Instagram: @riskreversalmedia Twitter: @RiskReversal LinkedIn: RiskReversal Media

Dan Nathan is joined by Peter Boockvar, CIO at Bleakly Advisors, to discuss the market's response to recent tariff announcements by the president. They talk about bond market volatility, earnings estimates, and the reaction from risk assets like crude oil, gold, and the U.S. dollar. Peter provides an in-depth analysis of the tariffs on steel, aluminum, and auto imports, and the temporary 90-day respite on reciprocal tariffs excluding China. The discussion also covers potential long-term impacts on trade relations, market fragility, and the shift in global economic dynamics, especially concerning China. They emphasize the market's underlying issues preceding the tariffs and question the sustainability of the current rally given ongoing economic uncertainties. After the break, Guy Adami and Peter explore the dramatic shifts in bond yields, the complexities of the current economic situation, and the implications of tariffs on global trade. Peter breaks down the traditional treasury trades, the impact of international relations on US treasuries, and the potential market reactions to various economic policies. The discussion also covers the weakening dollar, de-leveraging in the market, and the potential for a slowdown in the economy. They emphasize the importance of a disciplined approach to market analysis amidst unprecedented market movements and political maneuvers. Articles Referenced List of largest daily changes in the S&P 500 Index (Wikipedia) Trump Watched Dimon Interview on Fox Before Deciding on Tariff Pause (WSJ) — FOLLOW US YouTube: @RiskReversalMedia Instagram: @riskreversalmedia Twitter: @RiskReversal LinkedIn: RiskReversal Media

Dan Nathan and Guy Adami dive into recent market dynamics, focusing on the fluctuating US Treasury yields, the impact of the US-China trade war on the stock and bond markets, and corporate earnings reports. They discuss Walmart's and Delta's recent announcements, the economic implications of increasing tariffs, and the role of confidence in financial markets. The conversation highlights the bond market's significance over the stock market and touches on the future of US debt management. Additionally, they explore the influence of political decisions on economic policy and market performance. — FOLLOW US YouTube: @RiskReversalMedia Instagram: @riskreversalmedia Twitter: @RiskReversal LinkedIn: RiskReversal Media

Dan Nathan welcomes Gene Munster of Deepwater Asset Management to the RiskReversal Podcast. They discuss the recent significant market drops in the S&P and Nasdaq, considering if these drops could be termed a 'market crash'. Gene shares his views on the volatile market, especially in light of increasing tariffs between the U.S. and China. They analyze the performance and future of several major stocks, including Apple, Microsoft, Meta, Google, Tesla, and Nvidia, touching on AI's influence and the broader economic impacts of the trade war. Gene offers insights into stock valuations and the potential for further declines, highlighting the importance of investor psychology and market reactions to ongoing geopolitical developments. — FOLLOW US YouTube: @RiskReversalMedia Instagram: @riskreversalmedia Twitter: @RiskReversal LinkedIn: RiskReversal Media

Dan Nathan and Guy Adami are live for a special RiskReversal Podcast as U.S. markets open on Monday, April 7th. Articles Referenced Trump tariffs based on massive error, conservative think tank says (Axios) Boaz Weinstein Fears Market ‘Avalanche' Stoking Bankruptcies (Bloomberg) — FOLLOW US YouTube: @RiskReversalMedia Instagram: @riskreversalmedia Twitter: @RiskReversal LinkedIn: RiskReversal Media

Dan Nathan, Danny Moses, Vincent Daniel, and Porter Collins discuss the current state of the stock market in this special edition of the Risk Reversal Podcast. The episode focuses on Thursday's market downturn, with the S&P 500 down 4.8%, the NASDAQ down 5.4%, and a significant increase in the VIX. The panel delves into the implications of unexpected tariff announcements, the uncertainty facing companies like Nike, and the broader economic impact. They also touch on potential sectors to invest in, the effects on consumer behavior, and the future of major tech companies amid these turbulent times. Through a mix of analysis and spirited debate, the hosts provide insights into navigating the current economic landscape. — FOLLOW US YouTube: @RiskReversalMedia Instagram: @riskreversalmedia Twitter: @RiskReversal LinkedIn: RiskReversal Media

Guy Adami and Dan Nathan welcome Ben Kallo, Baird Senior Research Analyst, to discuss Tesla's recent Q1 delivery numbers and the company's performance. The conversation covers the challenges Tesla faced with ramping up production, the competition from Chinese manufacturers like BYD, and the implications for Tesla's future market share and margins. Ben also shares insights on the potential for Tesla's upcoming mass market vehicle and the prospects for robo taxis and Optimus robots. The discussion highlights Tesla's innovative strengths, the risks posed by geopolitical tensions with China, and Elon Musk's critical role in the company's valuation and perception among investors. — FOLLOW US YouTube: @RiskReversalMedia Instagram: @riskreversalmedia Twitter: @RiskReversal LinkedIn: RiskReversal Media

Dan Nathan and Deirdre Bosa, the CNBC host of Tech Check, discuss the evolution of the AI sector on the Risk Reversal Podcast. They examine the transition from AI foundation models to 'rappers' and now to AI native applications. Deirdre elaborates on the booming private market for AI app companies in contrast to the stalling public markets. The conversation highlights companies like Any Sphere's Cursor and examines the differing cost structures and monetization strategies between AI infrastructure firms and app-based companies. They also touch on the dynamics of AI in the Chinese market, the potential for strategic mergers and acquisitions, and the missed opportunities by tech giants like Apple. The episode concludes with a focus on the emerging concept of 'vibe coding,' where AI handles the technical coding while developers focus on higher-level design and functionality. — FOLLOW US YouTube: @RiskReversalMedia Instagram: @riskreversalmedia Twitter: @RiskReversal LinkedIn: RiskReversal Media

Guy Adami and special guest Danny Moses discuss the significant market volatility of the first quarter of 2025 and its implications. They delve into topics such as deregulation, tariffs, and their impact on the U.S. and European stock markets. The conversation also covers the potential for stagflation, the importance of upcoming job reports, and the rising delinquency rates in various credit sectors. They touch upon the political dynamics between the private sector and government, including Mark Zuckerberg's attempts to influence U.S. policies. Additionally, they examine the semiconductor industry's performance and the strategic moves by companies like Nvidia and SoftBank. The episode wraps up with a look at Tesla's volatile stock performance and its polarizing influence on investors. — FOLLOW US YouTube: @RiskReversalMedia Instagram: @riskreversalmedia Twitter: @RiskReversal LinkedIn: RiskReversal Media

Dan Nathan and Guy Adami discuss the current state of the stock market, including significant movements in the VIX, treasury yields, and the recent CoreWeave IPO. The conversation covers the impact of tariffs, the upcoming jobs report, and the broader economic implications. They delve into detailed analysis of market trends, the performance of leading stocks like Nvidia, and the influence of geopolitical actions on financial markets. The pod also previews upcoming earnings reports, investor sentiment, and critical guidance expected from major companies like JP Morgan. Additionally, they discuss Elon Musk's financial comments and their potential repercussions on Tesla's stock. The episode provides a comprehensive look at the factors influencing market volatility and economic stability. Further Reading Harley-Davidson Wants Payback if Europe Targets Its Bikes (WSJ) Musk Says DOGE Role Is Costing Him as Tesla Shares Slump (Yahoo) — FOLLOW US YouTube: @RiskReversalMedia Instagram: @riskreversalmedia Twitter: @RiskReversal LinkedIn: RiskReversal Media

Dan Nathan and Guy Adami are joined by Brian Belski, Chief Investment Strategist at BMO Capital Markets. The discussion covers a wide range of topics, including Belski's bullish outlook on the S&P 500, with a price target of 6,700. They delve into the dynamics of the secular bull market, cyclical trends, and the path to normalcy in market returns. Belski shares his views on the impact of geopolitical events, trade tariffs, and sector-specific performances, particularly in technology and financials. The conversation also touches on consumer sentiment, the role of AI, and the implications of monetary policy on market behavior. Belski emphasizes the importance of a diversified investment strategy and the potential opportunities in small and mid-cap banks. The episode provides a comprehensive overview of current market conditions, offering valuable insights for investors navigating these uncertain times. — FOLLOW US YouTube: @RiskReversalMedia Instagram: @riskreversalmedia Twitter: @RiskReversal LinkedIn: RiskReversal Media

Dan Nathan is joined by Parshv Shah, Portfolio Manager at Kingdon Capital Management, on the RiskReversal podcast. They discuss the impact of generative AI on the stock market, particularly focusing on tech stocks and hyperscalers like Google, Amazon, and Microsoft. The conversation covers the shifts in market sentiment, the performance and future outlook for companies like Nvidia, Dell, and Adobe, and the role of AI in cybersecurity. They also explore the implications of custom silicon and agent technology on consumer internet companies, featuring insights into the challenges and opportunities these innovations present for various tech sectors. — FOLLOW US YouTube: @RiskReversalMedia Instagram: @riskreversalmedia Twitter: @RiskReversal LinkedIn: RiskReversal Media

Guy Adami and Dan Nathan dive into current market observations, covering topics such as consumer confidence, tariffs, and China's role in the global economy. They discuss the significance of copper prices, Nvidia's position amidst China's environmental regulations, and the evolving landscape of the electric vehicle market in China. The conversation also touches on the geopolitical tensions involving Russia and China, the impact of tariffs on global trade dynamics, and the implications of AI development for tech giants like Nvidia and Microsoft. The episode culminates with a critical discussion on Elon Musk's influence across various sectors and the broader implications of AI and cloud computing in the coming years. — FOLLOW US YouTube: @RiskReversalMedia Instagram: @riskreversalmedia Twitter: @RiskReversal LinkedIn: RiskReversal Media

Dan Nathan and Gene Munster, Managing Partner at Deep Water Asset Management, dissect the latest market movements and discuss key tech stocks. They cover NVIDIA's GTC event, Tesla's recent surge, and Micron's recent earnings. The conversation pivots to market reactions to tariff news and the impact of potential April 2nd targeted tariffs, especially on tech stocks. Gene shares insights on the broader AI trade and specific challenges for companies like Nvidia, Tesla, and Apple in light of market conditions and geopolitical factors. The episode also delves into Google's search page overhaul and its competitive landscape, as well as X's (formerly Twitter) integration of AI. — FOLLOW US YouTube: @RiskReversalMedia Instagram: @riskreversalmedia Twitter: @RiskReversal LinkedIn: RiskReversal Media

Dan Nathan and Guy Adami discuss recent market trends, economic indicators and touch on the today's positive market movements such as rising stocks, yields, and gold prices, alongside a decrease in the VIX. The discussion covers nuances around tariffs and their market impact, recent earnings reports, and analysts' upgrades and downgrades. Key highlights include insights from Morgan Stanley's Mike Wilson on a potentially tradable rally and sector performance analysis, particularly in tech and financials. The conversation also explores the competitive landscape in retail with stocks like Nike, FedEx, Micron, and Boeing, and assesses the effects of recent updates in Chinese equities and other industry sectors. — FOLLOW US YouTube: @RiskReversalMedia Instagram: @riskreversalmedia Twitter: @RiskReversal LinkedIn: RiskReversal Media

Guy Adami and Dan Nathan are joined by David Rosenberg, founder of Rosenberg Research, to discuss notable economic developments and their implications. The episode covers the Federal Reserve's recent stance on monetary policy, adjustments in GDP and inflation forecasts, and the potential onset of stagflation. Rosenberg elaborates on the impact of tariffs, fiscal policies, and the prolonged economic uncertainty on consumer behavior and corporate CapEx. He also highlights historical parallels and the prospects of a recession, while offering his perspective on inflation trends and the equity market's current outlook. — FOLLOW US YouTube: @RiskReversalMedia Instagram: @riskreversalmedia Twitter: @RiskReversal LinkedIn: RiskReversal Media

Dan Nathan and Guy Adami welcome back Jeff Richards, Managing Partner at Notable Capital. The discussion covers a wide range of topics, including the shift from investing in tech giants like the 'Mag 7' to gold and European banks. Jeff shares insights on market concentration and the importance of discovering new tech opportunities. The conversation also delves into the AI revolution, its impact on private markets, and the evolving pricing models in the software industry. Jeff highlights the significant potential of AI in healthcare and stresses the value of taking a long-term investment approach amidst market volatility. The podcast concludes with some discussion on the NCAA tournament and Jeff's picks to make a run. Further Reading Top Developers Want Nvidia Blackwell Chips. Everyone Else, Not So Much (The Information) Why AI Isn't Giving Salesforce a Boost (The Information) — FOLLOW US YouTube: @RiskReversalMedia Instagram: @riskreversalmedia Twitter: @RiskReversal LinkedIn: RiskReversal Media

Guy Adami and Dan Nathan discuss the anticipation surrounding Federal Reserve decisions on March 19th, examining their potential impact on the market. They delve into the recent volatility in the S&P 500, noting significant sell-offs and the broader economic implications. The episode also covers geopolitical tensions, their influence on oil prices, and the mixed signals from economic data. They address the ongoing narrative around Federal Reserve policies, including discussions on interest rates, inflation, and the potential for a 'grand deal' involving Treasury Secretary and the Fed. The conversation transitions to sector-specific performances, particularly focusing on Nvidia's developers conference and Tesla's stock movements amid global and market pressures. The episode concludes with a forward-looking perspective on market reactions to upcoming Fed commentary and data releases. — FOLLOW US YouTube: @RiskReversalMedia Instagram: @riskreversalmedia Twitter: @RiskReversal LinkedIn: RiskReversal Media

Dan Nathan and Marko Kolanovic, Former Chief Market Strategist at JP Morgan, discuss recent market trends on the Risk Reversal Podcast. They explore the state of the S&P and its rapid declines, the geopolitical and policy influences affecting the market, and the implications of US tariffs and trade conflicts. Marko provides insights into the technical dynamics of recent sell-offs, potential recession indicators, and the impact of global fiscal policies. The conversation also touches on corporate CapEx, interest rates, and the outlook for major sectors like tech equities and consumer spending. Marko emphasizes the heightened uncertainty in the current economic environment and the challenges in forecasting market movements. — FOLLOW US YouTube: @RiskReversalMedia Instagram: @riskreversalmedia Twitter: @RiskReversal LinkedIn: RiskReversal Media

Dan Nathan and Guy Adami discuss a variety of topics including insights from the Treasury Secretary on 'Meet the Press', the upcoming Federal Reserve meeting, Nvidia's GTC conference with CEO Jensen Wong, and recent China economic data. Dan and Guy analyze last week's market performance, focusing on the VIX and S&P 500 movements, and debate whether the recent market bounce is temporary or a sign of a longer-term trend. They also discuss the potential impacts of Nvidia's keynote on tech stocks, China's stimulus efforts, and the market performance of semiconductor companies like Intel and AMD. Additionally, they touch on comments from notable market strategists and Fed expectations. Towards the end, they preview key earnings reports from FedEx, Micron, and Nike, and discuss their implications for the economy and various sectors. Timecodes 0:00 - Bounce Back 3:45 - Nvidia 6:00 - China 9:15 - Market Sentiment 17:00 - Fed Preview 19:50 - Earnings (FDX, MU, NKE) — FOLLOW US YouTube: @RiskReversalMedia Instagram: @riskreversalmedia Twitter: @RiskReversal LinkedIn: RiskReversal Media