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Prof G Markets: Is AI CapEx Out of Control? + Bill Ackman’s IPO Failure

August 5, 2024

Prof G Markets: Is AI CapEx Out of Control? + Bill Ackman’s IPO Failure

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    This episode is brought to you by Choiceology, an original podcast from Charles Schwab.

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    Hosted by Katie Milkman, an award-winning behavioral scientist and author of the best-selling book, How to Change, Choiceology is a show about the psychology and economics behind our decisions.

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    Hear true stories from Nobel laureates, authors, athletes, and everyday people about why we do the things we do.

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Scott and Ed open the show by discussing the latest Fed meeting, Starbucks’ disappointing earnings, and Delta’s CrowdStrike problem. Then Scott shares his thoughts on Microsoft and Meta’s earnings and breaks down why capital expenditures have become so outrageous. Scott and Ed also discuss why Bill Ackman struggled to attract funds for his IPO, and what that says about a chronically online group of people. Note: For our analysis on Friday’s selloff, tune in to Prof G Markets on Thursday for our discussion with Mark Mahaney, Evercore’s Senior Managing Director and head of internet research.

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