Basis Points — searchable YouTube transcripts & AI Q&A

CoreWeave Bond Yields EXPLODE, Anthropic Numbers DISAPPOINT, Fed Hikes Again? | Basis Points

The market sell-off this week is driven by a combination of leveraged hedge fund liquidations and a narrative that AI leaders like Anthropic and OpenAI are not growing fast enough, argues the speaker. He contends that CoreWeave's bond yield spike is not a sign of fundamental distress, as the company has strong contracted revenue and cash reserves, and that Nvidia would likely support it if needed. He advises against using margin and recommends buying quality companies with conviction, while acknowledging that the short-term pain could worsen if the Fed hikes again.

Basis Points LIVE From Zeta Live: David Steinberg, Dan Ives & More!

David Steinberg argues that Zeta's new Athena OS and partnerships with Palantir and Nvidia position it as a next-generation AI-driven software company, moving beyond marketing to broader business use cases. He emphasizes that the microchip development is funded by third parties and will not affect free cash flow, aiming for 10x return on marketing spend. The company is expanding into public sector and sovereign AI, with a goal of building a $10 billion annual business at 30%+ operating margins.

Micron CRUSHES Earnings But The Market Doesn't Care, Trump Gets $2T In One Room | Basis Points

The hosts argue that Micron's blowout earnings and guidance are being ignored by the market due to fears of a memory boom-bust cycle, leaving the stock trading at a deep discount despite strong free cash flow and potential for massive buybacks. They suggest that even if the cycle peaks, aggressive share repurchases could sustain EPS growth, and they consider selling puts on Micron as a way to gain exposure while mitigating risk. The discussion also touches on the broader AI trade, contrasting the appeal of mega-cap names like Nvidia with the risks of smaller 'picks and shovels' companies.

Meta Makes A COMEBACK, Bond Yields SURGE Higher, Does The Market CARE? | Basis Points

Meta's Muse AI assistant is a major breakthrough, the hosts argue, because it makes AI useful for everyday tasks like shopping and travel planning, potentially disrupting consumer platforms that don't partner with Meta. They highlight that Muse's integration with Instagram and Facebook gives it a distribution advantage that competitors like ChatGPT and Siri lack, and they predict that companies like Expedia and Shopify will benefit from partnering with Meta, while Amazon's refusal to integrate could hurt it. The hosts also express concerns about rising bond yields and the possibility of further Fed rate hikes, which could lead to a market correction.

The AI Doomers Are BACK, The Fed Sends A MESSAGE, Can The Market Handle Rate Hikes? | Basis Points

The hosts argue that the Federal Reserve's recent rate hike is a mistake because inflation is driven by oil prices due to the Iran war, not by underlying economic strength. They contend that raising rates will harm the labor market and American families more than it will help, and they see the move as a political signal to Trump to end the war. They also criticize AI safety advocates like Dario Amodei for calling for government regulation, siding with Jensen Huang and Mark Zuckerberg's stance that self-regulation is sufficient.