DELL Earnings, $1k giveaway, NVDA hangover?

[Music] if you're just joining welcome to STS uh this is the new and improved St St all right guys going to be exciting today we're going to do the first th000 giveaway on socks super super exciting somebody's going to win moneyy sign up and make a prediction this there's a big yellow button hit hit that button and uh whatever the price is we're going to lock it in and then pay out $1,000 $1,000 ,000 to the group of people who predict the closest welome there's no money there's no price to enter ts.com make make a prediction on to the right price you win a share of [Music] $1,000 and and everyone gets one free entry every single day get more free entries if you share your link there's all sort of ways you can earn free entries you're going to win some money it's like pretty much guaranteed like cuz you can place a b I'm over make a free account super easy super easy super easy tomor we could do crypto that could be that could be interesting that would be interesting interesting that could be that could be interesting that would be interesting interesting yeah let's do it spin wheel sounds fun to mein wheel sounds fun to me see the winners we have winners we have winners oh let's go oh let's go let's go let's go all right winners are up let's see noise shout out to all the winners um I mean heck let's go here coming in first place $1 12555 55 right here also coming in second place with coming in third place fourth fourth place com coming in fifth place coming in sixth place with Seventh Place $110,000 giveaway coming up sh shout out to the numbers that are continue being growing like even this in the chat right now we have 424 people you'll learn the game over time you you'll learn the game over time though we'll see we'll see everybody tomorrow though peace out chat peace peace out chat all right peace out guys thank you thank you [Music] [Music] if you're just joining um welcome to stons uh this is the new and improved St stons all right guys going to be exciting today we're going to do the first, giveaway on super super exciting somebody's going to win moneyyy sign up and make a ition there's a big yellow button H hit that button and uh whatever the price is we're going to lock it in and then pay out a $1,000,000,000 to the group of people who predict the closest Lo loes there's no money there's no price to enter d.com make make a prediction on to the right price you win a share of [Music] $1,000 and everyone gets one free entry every single day get more free entries if if you share your link there's all s the ways you can earn free entries you're going to win some money it's like pretty much guaranteed like cuz you can place a b I'm over make a free account super easy super easy super easy tomorrow we could do crypto that could that could be interesting that would be interesting interesting that could be that could be interesting that that would be interesting interesting yeah let's do it Spinning Wheel SS fun to me Spinning Wheel sounds fun to me oh see the winners we have winners we have winners oh let's go oh let's go let's go let's go all right winners are up up let's see sh shout out to all the winners um I mean heck let's go here coming in first place $125 55 55 cents right here also coming in in second place with coming in third place fourth fourth place coming in fifth place with eight coming in sixth place with seventh place 10 $10,000 giveaway coming up shout out to the numbers that are continue being growing like even this in the chat right now we have 424 people people you you'll learn the game over time you you'll learn the game over time though we'll see we'll see everybody tomorrow though peace out chat peace out chat all right peace out guys thank you than [Music] I [Music] if you're just joining welcome to stons uh this is the new and improved St STS all right guys it's going to be exciting today we're going to do the first th000 giveaway on songs super super exciting somebody's going to win money money money sign up and make a prediction there's a big yellow button hit hit that button and uh whatever the price is we're going to lock it in and then pay out $1,000,000 $1,000 to the group of people who predict the closest welcome there's no money there's no price to enter ss.com make make a prediction on to the right price you win a share of [Music] $1,000 and everyone gets one free entry every single day get more free entries if if you share your link there's all sort of ways you can earn free entries you're going to win some money it's like pretty much guaranteed like cuz you you can place a bed come over make a free account super easy super easy super easy tomor we could do crypto that could be that could be interesting that would be interesting interesting that could be that could be interesting that would be interesting interesting yeah let's do it spinning wheels fun to me spin wheel sounds fun to me oh see the winners we have winners we have winners oh let's go go let's go let's go all right winners are up let's see noise shout out to all the winners um I mean heck let's go here coming in first place $125 55 55 right here also coming in second place with coming that's a that is a c she sound okay we're live all right everyone hello hello how's uh how's everyone doing let's do a quick mic check uh how do I sound and how does Victor sound yeah how do we sound I don't know about you but yesterday was awesome and I felt a little bit like after a good party you know was a little harder to get out of bed this morning I think I spent a little bit extra energy and I was pretty jacked up I I was really looking forward the Invidia earnings and the live stream man it delivered that was a lot of fun it did right I was I actually had like a what's a way to put this an adrine hangover right that's that's what I'm talking about yeah like uh I I was so dead an hour after I had to like go home recover eat some food then I was like okay fine I can work again so I I think uh about a month maybe three weeks ago when we had had meta alphabet Microsoft we had like consecutive huge earnings I think that week I was pretty spent I was pretty when I got to Friday I was waving the White Flag surrendering to the week There's Ali that's Adam hello Ali hello hello hello hello hey hey look at that in person in person in the flashh in the flesh welcome Victor strong office mhm cool man welcome welcome you got new background going yeah we haveing sound proofing yeah it's our our soundproofing and um yeah it's at the office we got a little Studio going amazing amazing amazing you guys look so you might remember this mug guys so let see if it it's hard to tell but it's the ston logo on it the guy on the rocket oh there we go okay now maybe you can see it very cool very cool good stuff I mean this looks this looks very Pro you guys both have boom mics you got soundproofing on the wall back there you got a stons logo up you got to hook Victor up with some merch while he's there we have any merch no we we're ordering it now so yeah if everyone uh whoever's watching if you are streaming on stons uh what you're going to get is a really cool jacket stons jacket with your username your st's username on it so yeah uh ping ping muscan she should be in chat and she will hook you up with a stons jacket with your username on it if you just want the ston jacket uh just just stream a little and pretend to be a a content creator and you'll still get one yeah derer we're looking at you you better start streaming yeah exactly you're halfway there you're already producing audio tracks so might as well go all the way so we're gonna be playing Dell right Dell after the uh market closes and man I think I was telling you earlier I put in my bid uh around 11 am and the stock was trading I'm gonna say 0.8% higher than it closed yesterday now it's down 1.32% I'm back to my old habits of being in the wrong direction on this one but maybe uh the the universe is gonna defend me after the market closes and Del has good earnings we'll see let's see let's see here we go here's the ticker Dell sticker is d right yeah yeah okay L out there we're at 11,000 prodiction today alltime high for a regular day for $1,000 well I mean I remember when we used to do $100 a day and $1,000 was the special day now $1,000 is regular and 10,000 is a special day so here's my prediction I think before the next 12 months are up maybe maybe even this year before this year is up we're going to get to $10,000 days on regular days and think it's going to be 100K on like really special days we're going to have the Super Bowl every day huh I mean $100,000 day would be crazy can you imagine oh my god oh man people would lose their [ __ ] I got to build myself up to that our investors will be like you did what you took all our money and gave it away like yeah Mr Beast does that too yeah except he does it once a video right which is once every every week or so um it would take um yeah you would do it daily so yeah that's my prediction I think it's going to happen in the next 12 months yeah um Ali if uh if you want to share some links I think Jason sent over some links in chat I think you were on that chat so if you want to just pull up some of those links sure I don't have slack on this computer so it'll be easier if you can pull them up uh we still miss Jason Jason is still sick uh Co really got the poor guy man he's in chat though get well Jason hopefully you feel better soon did Jerry get the the Cod sorry did you ever Catch Co I did Catch Co um not fun you know I think I'm still suffering from long Co I have these weird headaches and I think it's long C because I've been through every other rabbit hole and it's not that so uh and then I had this weird heart issue for six months last year which happened after Co and thankfully went away but yeah it was like the weirdest thing great me a first one the SEC is requiring monthly reports for the investment fund Holdings okay so we'll uh we'll know more okay so they'll be treated kind of like these super investors that have to report their their funds and what they own and so forth yeah yeah Ali can you I'm just trying to turn up the sound volume here trying to figure out why 100 say something Ali you're muted uh you're muted Ali oh sorry testing testing testing testing T testing okay testing testing how do I get this going more higher volume yeah we're already at we already at Max um somebody yesterday was like where's your salad salad is back guys it's the way to live more salads more years okay new car registrations up a little bit battery EVS are now 12.1% of the market in the US um still growing um sorry I think this is EU data 12.1% in the EU so going up in market share let's see what else is going on here news for the day [Music] um this is funny that share I'll probably put this in the newsletter as well when it goes out um on Nvidia back to Nvidia uh Happy Nvidia earnings to all who celebrate [Laughter] so you know yesterday you guys were saying that there was watch parties in Manhattan yeah I wonder what the mood was when the stock started to drop it was they started hitting the hard stuff early huh I was going to say te shots but not in a good way okay uh this is another story here um let me close the other tabs here so it's easier okay um you guys hear me okay yep yeah so there's a scandal Brewing I'm going to cover this in the newsletter as well so you guys remember Bol like it was this big startup yeah of our friends work there right yeah yeah or works there as an engineer um so um they had drama they couldn't raise money last year the CEO got fired and uh they're basically sort of just struggling limping along a little bit um and they a couple of weeks ago they announced a new funding ground and they're like you know giant amount crazy valuation which didn't make sense because the business isn't doing great so why would somebody invest at like insane valuations but now it turns out that that funding ground is sort of a bit of a smoke and mirrors game right it it it looks like that way so so this new round was going to be led by the London fund which uh you know you can pull up their website here um okay so this is this thing and this London fund is like apparently some big VC with a billion dollars in AUM that nobody's ever heard of so people went to their portfolio page and they're like okay who else have you invested in so they were digging right they're like okay are these are these real companies like did you actually invest in them and uh um so somebody started making calls right and checking with these portfolio companies are they all piig so hold on so here okay uh can you guys see my can you see this yeah so um so somebody called some of those companies and a bunch of them I'd never heard of the London fund um some company said it was listed maybe there's like a some advisor to the fund that made a personal investment and so they put the logo up you know it's very tenuous connections there weren't a lot of direct Investments okay um and then the London fund has removed a bunch of portfolio companies from their website as as a result of this uh Twitter investigation people on Twitter investigating uh yesterday so as of today they're uh their their portfolio is significantly smaller it's just these guys um we don't know if if these are uh still real Investments or not um but what's weird is then this is supposed to be one of the big investors in bolts round which is a a giant round yeah it was like a $400 million investment round or something right yeah yeah so these thing these guys so 400 million see here uh like yeah and and this very questionable fund uh okay H I'm trying to find a good link here oh come on come on um okay yeah it was it was announced as a $450 million round and the and the exiled CEO is going to come back a big deal right yeah and a week ago people were like okay what $4 billion valuation that's insane it turns out the lead investor yeah the lead investor is all smoking mirrors potentially that's allegedly so this is a this is a big story not quite Elizabeth Holmes like level but um you know we don't we don't know what's happening wait is this fund really a billion dollar AUM fund London fund never heard of them before I have never heard of them never heard of them let's see at this point I've heard of every single like Venture fund if they're like a sizable Venture fund I've heard of them probably pitched them sometime in the last 20 years wow yeah asish sha that looks uh hashish you're going to be in for some pain did you guys uh get word on the Morning Star article on chiep that they're pricing themselves at a valuation of 100 billion yeah no thank you they have somewhere in the neighborhood of three billion in revenue and we don't know the level of profitability we don't know none if it cost if it cost them 50 billion to get two three billion of Revenue and you know it opens up you know so first you know discussion on chat GPT but then as these IPOs come out espe the big giant ones I usually stay clear of those because they usually are stock price opens it comes down substantially and then later on when I have more data is a better time to invest but what do you guys think I will not be buying I think ali uh as part of the earlier version of stons did some private rounds and chck in open AI or maybe at least looked at it Ali can give us some more info but I mean at this point open a is not investable because like the IP is questionable the whole nonprofit for-profit Microsoft owns 51% of something like like what are you even buying at this point like you have to be I don't know like maybe there is something there that they offered these new investors like a carrot that you know we don't know but like from the surface this is this is uninvestable because Microsoft bought it and you bring up a good point that if they were that valuable wouldn't Microsoft have already bought the whole thing they did they actually did buy it then then why would they be asking for I don't know so so Chad GPT sold um the rights to all their IP to Microsoft for like how like it was like tens of billions like it it was a it was a sizable transaction I think it was last year or um right Ali Ali you probably know this transaction yeah it's complicated as [ __ ] so stay away um I'll give you the high highlights or the low lights um about a year year and a half ago they did a round in which they were valued at about 20 billion right um that was a Microsoft round and allegedly I think Microsoft owns 49% of the company something like that or 51 it's one of the two I think it's 49 and then um it's part of that they have rights to a bunch of Ip of first look at a bunch of tech exclusivities so they didn't actually put in 10 billion in cash into the company they put in some amount of cash a lot of it was Zero credits because computation on these things is very very very expensive so a lot of it was just credits at I guess at cost or slightly above cost from um zero um and then so that's one the second piece uh which is really complicated is open a started as a nonprofit so if you remember Elon founded Elon was one of the founders of open AI and then at some point Alman came in and they said we're building we're going to turn this into a for-profit so it's so the nonprofit still exists there a for-profit entity that's has some sort of like agreement with the nonprofit We don't know we haven't seen the paperwork yet in terms of whether it's licensing the IP or commercialization rights or hi booo wait you're gonna fall that's hi it's my daughter she's three all right more yeah can you say open a pooo can you say open a pooo can you say pooo everyone's Ling say hi ChaCha's there see hi let me open it I you know me you see cha there say hi wave wave wave wave okay we're being shy there we go tentative wave um okay so so the relationship and so like when you're buying Equity you're buying it in the for-profit not the nonprofit obviously but there is like the nonprofit has a board governance and you guys remember they tried to fire Alman last year right and there's this whole conflict between one part of open AI that's very like safety and you know Humanity driven and then then you've got the for-profit side that's basically like look if you want to build AI this is going to cost billions or tens of billions in resources that a nonprofit cannot fund right that's why they made the for-profit because they just couldn't raise 10 bli ion as a nonprofit nobody would do that um so they had to set up a for-profit just to get the compute resources and that that that much money in the bank for NVIDIA gpus and whatnot so so that structure is really complicated so as an investor when you buy it you don't really unless you've seen all of the paperwork had teams of lawyers with it like I would just you know be very careful and stay away unless you're an Institutional Investor that's done all the leg work the third issue with that deal um is investors buying in have capped returns even in the for-profit entity right it's private so they can set whatever terms they want but typically in any company when you buy in the returns are not capped right so you buy let's say you were an early investor in Tesla they didn't say well your returns are capped at 10x you probably made a 2,000% return on your investment right if you invested 10 years ago into Tesla MH that's typically but here the returns are kep and so depending on when you B in how early that cap changes and um last we heard it was like 10x or 40x somewhere in that range um where any returns beyond that uh would just flow to the nonprofit back to the nonprofit and and it's weird man and and combine that with the fact that a lot of a lot of early employees have have sold billions of dollars of secondaries right like anecdotally um it's uh it's it's tough and and you can see that here whenever this happens this is a red Freaking Flag so so the first line here Venture term Thrive is investing a billion into open AI great if you scroll down they already had A10 billion round ignore the valuations for a second whenever a startup raises a lot less money in a future round that's supposed to be at a higher valuation that's like a flag that should give you pause right in the private Market they should never be raising a lot less money they should be raising more because the business is bigger doing better revenues whatever and yeah the markets have changed but yeah that's my high level low lights on the deal couple of announcements uh Happy Birthday to Oliver or Olivier um uh he's one of our devs he's in chat so if you're in chat just give give a happy birthday shout out to Oliver um there he is uh secondly I see a question in chat why is referral still 25 you're right it is uh we didn't want to push a major update to the site this morning because a whole bunch of people were live and uh so the new chat hold on sorry guys you guys keep going happy birthday are we are we doing a birthday song is Chad doing a birthday Emoji train did I disconnect hello hello sorry guys uh there are dogs outside and my dogs are like having a field day parking and there's an escalation going on okay um so yeah how are feeling big update to the site after the stream today once the market closes and uh referrals will go back to five what's coming in the in the big update you want to give people a preview or just tell them okay where or you want to give people a preview what's coming changes some of the changes uh sorry we're just trying to deal with dogs here hold on Victor what's happening with the smci did they are they still down today are they back up more more news there give me that symbol again oh smci you know the uh the one that a couple of days ago Hindenburg came out and said accounting Scandal super micro yeah man those guys have been in a painful week to say the least today it is up 1.1% but they were down substantially yesterday it was what 30% yesterday thought it was about 20 but I could be wrong um it's uh man it's it's certainly a falling knife I used that term on one of the videos that I recorded for those guys because if you look at from their top right their top was achieved on March 13 to this point it's down 62% and falling so man I don't know who wants to catch his falling knife uh you know it's uh unfortunate but they are delaying their the release of their financials and I think that's what caused the big selloff is hindberg came out with a report then the company acknowledged hey we're not going to have our financials ready on time that's not good walk walk walk smci yeah I mean I never understood the hype behind smci they are hardware company they make physical like server racks and a little bit of the componentry that goes in it there there's no IP there there's no like um like Nvidia fine I get Nvidia you know there's a lot of cool things that Nvidia has that nobody else can do but with smci it's just like not even close like they're yeah I agree I agree but uh we'll see where they settle down I mean it you know I I could acknowledge that as we went into the AI High cycle they were trading at about 6465 a share if they got a premium of you know 40% okay I'll give you that I'll give you that hey you're going to sell more more servers and so forth but for it to go from $64 a share to $448 a share which is which which is where it's at now it was just ridiculous so this was a real Target um yeah and uh I think it's it's on its way down yeah no thank you it is literally a falling knife if you pull their like fiveyear chart it is a falling knife that's going to rip your heart and like your inside guts and just chew you out you think about all the automated trades right all the the stop losses it's just it's breaking it's it's it's causing circuit breakers to go off every five minutes if it starts you know flying down so yeah it's uh it's going to be interesting where it settles um but I would not be surprised if this thing really settled at $150 a share it just kept going down so we'll see yeah there's been some other price action today right like was it Dollar General is down 30% yeah speaking of pain Dollar General it came out in our live stream this morning it it went down big it um you know this is a discount retailer and not so long ago we had 99 Cent Stores go bankrupt these Dollar General is down 30% in three zero 30% one day uh wow it's a it's a really really bad situation for him and I'm not quite sure who would want to own a discount retailer at this time you got you got Amazon to contend with yeah and who's that there's a Chinese company that sells here on is it timu teu they sell a lot of affordable stuff oh I mean really like cheap stuff uh and and they're owned by pind nice yeah and they're own by pinoo that fell 30% few days ago so even they are down 30% uh because people have realized that these things are just really bad quality or they're literally made by slave labor and you know it's and you know I know Ali's got a a young one but I would be concerned of you know toxic materials sure you you buy cheap stuff and your kids play with it I would not I would not want that I want to be careful not to get too much cheap stuff in my home because sure you never know what what toxic levels those have um but yeah Dollar General from its height to where it's at now is down 66% in the one day right it's down 30% and and it's just keeps falling I don't know when it's going to stop but it's a bad bad situation the uh stocks that went up kind of turning our attention to crowd Strike last time I saw print me money come on come on SO second 3.6% so they piic the they said okay Mike Tyson punched us a few times in the face and we are going to try to build our business back up get credibility in the market I was surprised how much they grew yeah I would have thought there would have been some type of loss of Revenue um and I think the getting through this earnings was key for the company I could see themselves going up from here we'll see um I I know that they're considered the leader in the space from a technical perspective they certainly have the Enterprise market share um I just think that they they really screwed up obviously and uh I I I think the biggest threat could be Microsoft gets really serious about security and says no we're going to do it on our own we we can't depend on third parties to cause that again because we had a a real bad week for customers that spend a lot of money with us so we're going to get serious about security we we don't need you any more crowd strike I don't think that's going to happen overnight but I think that's a concern that I would have so after yesterday's stream I went and grabbed coffee with a friend of mine who who's a developer at a very large company that uh uses crowd strike as for security and I asked him you know is there any chance they're going to plug him out and he's like nope like they're so embedded so deeply and just the process of like taking them out would be like a lot of work and AR surgery yeah it's it's not worth it it's it's like yeah it sucks it's um like music Enterprise deal true Enterprise yeah I was like yes I'm going to keep [Laughter] holding you know dat of n of one sample of one but I heard that no I've heard exactly that in like an interview online somebody posted where a customer was like okay like every company can have like an outage like this once every couple of years right even even as you're inws go down sometimes yeah it's okay but like it shouldn't happen three times a year type of thing right but they get a they do get a they get a boss on the first one y you know one of the trends that I've seen in the market is you know the AI based companies really pulled a lot of capital out of the market and I feel like they pulled it out of software the same sector different industry Salesforce is now down. 17% they were up 4% earlier today and Salesforce is a company that AI is both going to be a big opportunity for them and a massive threat you don't need as many people with AI especially around call center so does that mean companies could lessen the number of licenses they get from Salesforce it most definitely can I could I could see that thesis having credibility um but I see that you know in software I think we were looking at DocuSign and zoom in the last couple weeks those valuations the fundamentals look great because investors have been moving away from software and going to the companies that are building out these data centers the star of the show being Nvidia um and and me you know as an investor I'm looking for opportunity I'm seeing that hey these stocks are being left behind maybe there's a lot of value there that I can tap into and hold it for a year and see my investment go up in value you know that is very true that's a especially the micro Caps or the small caps right that are non AI like um yeah I mean you can buy some incredible deals right now on the smaller side and especially if interest rates come down that's actually one of my my my big hypothesis or players for this year and next year is look if interest rates go from six to 2% what ends up happening to the multiples for all the small caps and of course you know some not all small caps are created equal right like some are dog [ __ ] and not worth owning but there's a lot of great companies in there that just for no fault of their own are just valued not so great and and so I think that that is going to be a real like 2x 3x opportunity in the next 12 to 24 months or just fine five or 10 high quality small to medium cap companies that are growing that are profitable that don't have any funny business going on where the founders are ideally like adding buying more shares so I'll give you an example uh there's a company called four shift four payments that uh it's a payments company uh I think the market cap is 6 or S billion something around that range how do you spell it I'll pull it up for fou I think that's the ticker symbol and the full name is Shift 4 and so you know they're kind of like a stripe or brain treat you know they or like toast they compete with toast um so restaurants use them stadiums use them uh they're pretty big on like entertainment venues um yeah market cap 7 billion right so this is this is a high quality company they're growing 203% um the founder is actually buying more shares rather than selling in almost most cases you see Founders like Nvidia Jensen was selling every single day um the founder here is actually buying um and if you look at their closest competitor um a company called toast similar kind of financial similar Revenue similar profit and toast is worth double um and uh so I think this this is an example of like I think a high quality not small cap but midcap maybe company that uh that will really see margin expansion if interest rates come down yeah I'm looking at shift for payments uh fundamentals they look good to me really really good growth on revenue and then you look at cash flow they're generating um around 300 million in free cash flow per year with their growth rate um I think this company could easily be valued I don't know 40 to 50% higher than the current market cap but I think you're pointing to what I I have been observing which is these companies are not getting a lot of love because Love's going to the area of the market that's been it seems like it has a lot of gravity it's just pulling so much Capital if that unravels this should be a good place to be so just a shout out we have about 10 minutes remaining if you don't have your entries in get your entries in um we have a crazy entry day today as well we have I think I think God knows how many at this point it's like 12,000 12,000 yeah and and holy moly 12,000 predictions great uh and lots of new names in chat as well so I love seeing new new faces if you're new in chat don't be shy say hi say hi Captain says oh my God it's going to get hard like this uh here are some tips and tricks if you are new here how do you get more tickets you refer friends every day you get one for one ticket for free um if you come in every day you get bonus tickets you get streaks these these things we call streaks click up there daily reward um if you don't win any money on this daily stock price prediction game following the game also in the mornings afternoons throughout the day other channels are live on ston other creators like Victor like Luke we had on stream earlier Dr Kelly Alpha Trader Trader is Trader pad Trader Pro um bunch of other channels great channels they usually do a raffle as well uh few hundred bucks and you earn Channel points simply by watching that channel for a while you you it's free you spend your channel points to enter a raffle every day you can do this like several times a day in addition to playing this game so there's just some tips and tricks to have uh um not miss out on multiple games to win real money every every day on stocks um around the stock market this isn't the only game if you're new here yeah we're just trying to make investing and stocks more fun you know let's be honest it's kind of dry and um you know we're just trying to add a little fun and flavor and spice uh and because this is all usage generated and we're not paid analysts you know we don't need to talk a certain way we don't have a filter we're not paid to promote a certain company like you know we're just talking about our own trades honestly like this is what I'm buying this what I'm selling we we all trade with our own money you know there's uh there's no conflict of interest here and if I could uh you know kind of cite a couple of uh value ads on top of all that fun stuff uh shout out to like Alpha exchange that stream focuses on crypto and Trader prad focuses on more trade I'm a long-term investor and I jumped on Alpha exchange and I could tell you I got a master's class on crypto I asked I'm already a crypto investor okay but I would consider myself a novice and I ask questions and these guys came out with knowledge that is expertise so in the community out there you you have access to investors that have been doing this for a long time you can ask questions in my channel as an example you can ask about a and oh there he is I pulled up a stream Victor while you were giving you a shout out I uh I I really mean the value ad um i' I've said this before and I'll say it again which is investing is it's my passion but for many years it was a very lonely road right you you make these Investments you lay out a lot of capital that youve worked very hard for you don't have a place to hear new ideas maybe you know just learn and and become a better investor where here it is you have access to expertise and and you can sample you can sample the different streams ask questions I encourage you to do so I'm on every morning at 6: am uh Pacific and if you want to have coffee and talk stocks tune in but I also encourage you to check out the other channels which I've been getting a lot of value from that's really well said Victor um and it's funny I remember the story from a Trader who basically would like watch YouTube most of her day right she's a day trader um and she said it was cheaper for her to watch Netflix and YouTube other creators on YouTube then to sit in front of her trading account because then she would get bored and make bad trades so not only is this uh you meet like-minded people right you learn from them like Victor said as exchange is greater C crypto um there's education There community you're not doing it by yourself you're not in this alone but this is actually cheaper than trading than making bad trades so it's better to sit and meet people make friends and learn rather than trade when you shouldn't be uh here's an example I want to pull this up because uh we talked about Raffles so this game uh by the way get your entries in there's four minutes remaining for Dell today you're predicting price at Dell today but once you're done with this game we'll go rate one of these channels and at the top right you'll see this yellow orange thing called claim free entry assuming you have enough Channel points at the bottom of each chat on a Creator Channel you'll see your number of Channel points that are specific to each channel so here someone has I have 18 is that 18 um and so you can uh every minute you get a point and and you can spend 25 points to get a free entry into that $75 raffle right so just rewards you a little bit it's a fun game makes things interesting for you while you're hanging around watching um and you can do this with a bunch of channels every day it's a sort of a surprise you want to jump around check all the different channels um but these are that's an example of other games you can play to win win money uh as well yep all right we've got three minutes remaining um here's a prediction I'm going to make uh cuz I love making predictions cuz you know we can see very quickly like who's right and who's wrong so uh and this prediction has nothing to do with my researching of Dell right um I mean of course I know what D is but um this is this prediction is just based on the stons bull bear indicator so we are 37% bare and we're 60 sorry yeah 63% bull now based on what happened with Nvidia yesterday I think 6535 is break even so we're actually bare net bare adjusted for optimism um and so Dell is going to be down 3 to 5% that is my prediction on on Dell so if I were you in the last second you have or two minutes you have to make a prediction you have some entries remaining I would go down three to 5% maybe 7% if you really want to push it but that's that's that's my prediction let's see yours inside baseball so I looked at this thing and so I own hpq and hpq announced yesterday and it was one of those funky ones Yi you know the they announce stock goes down 5% comes back the next day and rallies up 4 per. it's like whoa where'd that come from so that's was the case with HP sure again this was two hours ago see it's one yeah two hours ago so hp's up and I'm like okay based on HP hp's rally I'm expecting Dell to Rally so put in my bid and I now right now right now I'm underwater by two 2% so I think Dell is a discounted stock I just am careful with Hardware companies I don't want to own too many now I did feel optimistic about it and I bought 10 shares before this stream okay and so I might be underwater in two ways we see it's funny um I think yeah a one minute left guys one minute maybe 30 seconds um get your predictions in but I think uh Victor um M you guys brought up some good points that I kind of agree with I think AI has taken a lot of the oxygen out of other software companies um just funding and investment appetite and we've seen this happen over the last year in on the private side right private startup investing like you got AI in your name youve got you've got investors chasing after you you don't have ai your name it's the other way around right it's there's no money for startups that are not AI startups unless you're like crushing it on traction and you're hitting all of your number you have to be perfect you be a perfect story to raise versus uh you can be a shitty story and be a AI company and sell pretty good and it's funny that public and private markets are actually more correlated than people think um so whenever we see the NASDAQ you know hitting alltime highs or the S&P doing really well people will actually open up their wallets and invest even in the private markets because they just feel good you know and the and the inverse is also true where the public markets crash they you know they sneeze um private Equity Real Estate startups everything takes a takes a nose dive yeah so the so the two are actually pretty similar they have a lot of similar patterns I wouldn't be surprised if the same Trends we're seeing there are happening in the public markets with companies like Salesforce or some of the other software guys um you know they're getting they're getting a short-term valuation hit I do think in the next year or two this should cycle out of the system right like people will eventually start asking questions like okay we've invested 500 billion in gapex in AI like across the sector for example or a trillion or whatever the number is where's the ROI are we making money should we keep spending M whether that happens in a year or two and that's where Nvidia is going to face a reckoning it's like uh okay all the big guys still going to keep buying these super expensive chips yeah that's why I'm like really scared to be an in Ria shareholder right now cuz like that could happen in three months it could happen in three years I just don't know but when it happens it's uh there's no coming back from that that that directionally will only go one way yeah and I I don't want to be left with the back hand you know it's musical chairs and I don't like playing that game uh even if you make money it's just stressful waking up every morning and being like is today the day where you're going to get rug pulled um which is which is um yeah the market closed nvidia's down 6.38% and it's it's falling a little bit after it Clos but it really did have uh it took a haircut today for sure significantly from yesterday was like down 2% after hours yesterday and for the week inid is down let me take a look the five day for the week it's it's down quite a bit see yeah oh wow that's that's no that's not that's not that's General things are bad but they're not that bad um so I think yeah we're going almost from 130 something 1298 to so nvidia's down not too bad it's down about 6.12% for the week so that's it's a bad week in uh in completely unrelated news I saw the funniest news story today which was um 50% of New York's uh Metro Riders like I think it's on the bus not the subway maybe it includes the subway I'm not sure uh are not paying their fairs 50% so this number used to be like 10 something percent before covid and then during Co they made it free and then people just realized they don't have to pay for like you know getting on a bus anymore and so they just sto paying and so 50% of all riders in New York ride for free round oh man and they lose uh I think it's like some some several hundred million dollars a year because of it so yeah people think I'm strange like sometimes I talk about you know my trips to New York and I was raised here in Southern California I've lived here pretty much my whole life and the subway system is so neat to me so you know you can use your credit card now it's it's really fun and I'll post that and people from New York are like man I don't know what you think is fun but I don't think the subway is very fun and I'm like well it's because we don't have it here but I didn't take the bus I didn't take the bus in New York just a Subway you know I wonder if they're going to make a subway for the Olympics in La that'd be a good idea yeah because in four years yeah there's going to be Olympics here in La be surprised I'd be surprised they can pull that off San Francisco it took San Francisco like 15 years to add one subway station to their existing line imun line you it took them 10 years to pay bus LS um La might not be as bad but you know I don't think it's a weo is gonna have like a million cars for the Olympics yeah there we go that's more likely we'll Sol it that way you're right actually the era of Subway is over it's the era of voo is here and you know self-driving car so have you guys looked at the helicopter Services electric vehical helicopters the vertical takeoff and Landing ones right these ideas some of them make my head explode and I I imagine the future of the Skies being full of uh Robo helicopter taxis evbs along with Amazon delivering packages with drones you know how how how realistic is that in your mind uh completely unrealistic so as a it I can tell you there are situations uh even on good weather days where you just do not want complete automation like like GPS can fail you know you have GPS Jammers you even like if you believe in UFOs there's a great thing on um uh History Channel called the skin walker Ranch and so there's literally a place in America where GPS fails 100% of the time um um correlated with seeing UFOs and [ __ ] so like whether or not you believe in this stuff the fact that GPS is known to fail around Paranormal Activity um and if you have autonomous drones flying around like they actually had an experiment this season at Skinwalker Ranch uh you can go watch the episode where they literally had 1,000 drones um 1,000 or 10,000 I can't remember but it was the largest like collection of drones ever flown and guess what happened uh whatever intelligent entity weird phenomena decided to really [ __ ] with it and half of these drones the GPS messed up oh wow we're up 5% woo I guessed so I was any we continue sorry yeah no so so these drones literally started falling out of the sky and there were people under and these people started running for their lives because these like drones with like blades and stuff were falling on them uh and then some of these GPS drones it felt like they were being guided like to a particular place so something was able to actually control and spoof the GPS signal to tell the Drone to fly a certain place I mean this is like some scary stuff so so so way you're on the ground the worst that can happen is you're in an auto auto collision you're in a safe car they use good cars but these once you're up in the air I mean all bets are off all bets are off collisions usually end way worse yeah no exactly you don't want to you don't want a GPS signal or a computer deciding uh if you're going to live or die today yeah agreed Mery is this are you talking about the Skinwalker Ranch the GPS messing up with the drones yeah they have a thing on some clips on YouTube if you just want a quick clip of like what happens when thousand or 10,000 drones literally fall out of the sky and it's never happened before with this company you know they they do this uh all the time so they're the company that does all the major drone shows if you've seen some of those clips you know they get drones to fly and sink and like make like say things in the sky and uh so anyways yeah um dead is flying wrong so it's up almost 5 perc at this point did they announce their earnings probably that's what's probably making that yeah must have announced earnings yeah yeah yeah we can pull I can here I can look if they've announced uh but I i' I've been watching some more episodes of uh of that showty it's pretty wild skin walker Ranch it's pretty yeah you know I'm I'm tempted to go fly my plane like uh above skin walker rench and see if like my plane suffers some like weird anomalies uh no Mar I don't have to find a new show host please you know not go there's an called The Hitchhiker effect if I don't know if you guys have heard of this this is like crazy [ __ ] but I promise you it's true where people who go there come back home and you know these are like normal people like cameraman crew like producers of the show they they come back home and like something follows them home so their family start seeing like ghosts and paranormal stuff and orbs in their houses and uh and this happened to at this point hundreds and hundreds of people um so I don't know what here here we are the results are out second quarter Revenue up 9% um this is better than box box was up 3% year on year um it's basically like not even beating inflation this is at least beating inflation uh isg Revenue whatever that is up 38% record servers networking up 80% good that's cool um some part is down diluted EPS is up 86 % non Gap diluted EPS up 9% I wonder what Gap EPS is is that is that diluted earnings per share basically Gap I'm assuming yes yep that's correct um okay so they're profitable and that number was a few cents now it's like a17 up 80 so basically clear close to double year on year and revenue is growing 9% up line pretty good for a hardware company and their growth is coming out of you know infrastructure you know that data center so it's coming out of the right place right they're they're part of the the AI buildout yeah yeah that looks like the story here this is the the part of the AI buildout wave is there something smci does that D cannot do and replace Dell with you know whatever other Hardware supplier because it seems that you know there's a rising tide they're all they're all benefiting um and yet Dell seems to be a lot more reasonably priced than smci now after the fall yeah I I think smci was at the right place at the right time you know they to their credit a few years ago probably several years ago they said hey we're g to be really focus on accelerated Computing high performance Computing we're going to have cooling that really support it's gpus and to their credit you know they created this business I'm sure that Dell and HP and all the other Hardware providers were probably like yeah good luck with that you're gonna lose a lot of money and then all of a sudden AI happened and super micro was at the right place at the right time bingo and their stock price was up 20x that's the situation now at the end of the day these are all still Hardware companies if you compare the gross profit on a hardware company to a software company very different if you compare it to Google very different you can compared to meta drastically different and I think that's where you know Hardware companies can have very high Revenue with very little valuation because of that gross profit and overall free cash flow generation yeah I mean these guys are what like what is their profit margin I think it's like in like the low te right or yeah 15 15 on products 3% on services so oh wow Serv is at 3% yeah it's like that's like Visa's transaction charge yeah that's rough did someone say they bought shares today Dell shares I bought 10 shares coming into this stream I thought I think Dell's going to go up I looked at buying calls on it and the premium on it was it's too high it's like are you kidding me I'd have to pay I forgot the premium amount was like $570 to control 100 shares I just thought that's that's not a good deal so I didn't go big but I thought hey let me put a little money on on the line to see see where this thing goes all so it looks like uh if this holds up until tomorrow you know you made some good holy Smo some good lunch money Victor yeah and I made on the big Nvidia uh raffle I mean I've got I went from Taco Bell money to Chipotle money Chipotle money feeling big time I'm feeling big time I might even get extra wacamole on Chipotle you you'll soon be able to go to Chili's for dinner yeah I could aspire to do that wow yeah we're up 7% still uh it's rallying okay so I guess uh the ston indicator was correct and my my adjustment to the indicator was wrong but but I do have to note that the indicator let me down yesterday yeah I ended up closing a few of the shares that I have shorted on Nvidia because I saw the indicator and I'm like uh oh uh oh was feeling a little chicken um but you know it's data's data votes or votes we're start tracking this uh we're GNA start tracking the strong indicator here uh where are you we have uh we have new emot coming by the way new ston emotes so soon hopefully in a few days we're gonna have some uh with the ston head um emotes in chat St crowd wisdom more words I need more words here wisdom Oracle Guru AP Whisperer like whisper Whisperer yeah okay anyone in chat want to throw out okay and this is basically the track record so uh we'll just update this every day see how see how far go so Nvidia was an L right with the uh with the crowd saying okay we think it's going to 66 to 33 roughly it's going to go up this one we were they were right the crowd was right right directionally we're just looking for directional movement up or down so we were right today and let's let's track it let's go let's go for the next week or two and and see how see what this looks like yeah all right I agree this would be an interesting line graph you know you put one line which is the community guest you know bullish bearish and then where the stock price landed and see if those lines begin to correlate I'm sure once in a while it's just going to be wrong because the company surprises like Intel a couple weeks back who who saw that coming I didn't but um you know I think like Dell it was good on Dell Dell might be what zero as a company at this point I think than right well Dell does have a couple of things going for it you know it acquired that company that does uh uh Del boomi it does Integrations it's a software piece to it and it's got that going for it it has the consumer business and you know PCS have to be refreshed so again it's a 78 billion doll market cap tomorrow it'll be mid 80s 90 I guess um so you're not talking about a massive cap company you're talking about a company that has you know when you're looking at Nvidia three trillion oh 78 sounds pretty reasonable it's a rounding error honestly Nvidia goes up and down in a day yeah it's crazy though I mean I I grew up with Dell most people on stream here probably did as well you know Dell Dell used to be one of the companies yeah right it was like the Nvidia of 20 years ago yeah one of the nvidias I guess there were like several yeah because they were the cheap sort of mass Market but high quality produced sort of computers um going back in the history books right Microsoft was founded by an 18yearold and a 21 or 22 year old right Bill Gates Paul Allen and IBM you know because they were Geniuses they said you know you guys handle the software guys because the money's really in the hardware and they let Microsoft basically Microsoft bought Doss for like 50 Bill Gates borrowed the money from his dad rest his history so IBM gave over3 trillion of value to Bill Gates and Paul Allen in that mood because they were their instincts were the money's in the hardware and it was counterintuitive to them yeah yeah and Dell Dell has sort of suffered that that wrath right of um they really haven't been able to do much in software uh they've done a they've built a great company my Michael Dell is back running the company right yeah so that's probably a very strong signal here I think because Dell was going nowhere for a while until until Michael came back I think you know might be what might be interesting is do they become a hyperscaler do they because if you look at the hyperscaler businesses like AWS and maure gcp the margins on those businesses are really impressive and what they're doing is they're taking Dell servers they're taking infrastructure putting it in data centers and then offering it as a service to customers and it just is much much more profitable if Dell ventured into that space it it might might go somewhere yeah why don't they set up their own cloud the Dell Cloud should get Michael Dell on the okay stons all right let's let's go pitch him some ideas yeah he might be like yeah we've had that in the works for five years who's running that business please fire that person and and hire a more competent person time is of the essence um I don't know I've always felt like talking to customers is a really good way to cut the the signal from noise ratio issue and like really get to like what do I need to be doing now and and that's what we're trying to do at strongs if you see like most of us are in in your streams you know when when you guys go live and they're like hey you know what do we need to fix or what do we need to add and it's just like and yeah so it's just a more direct way of of getting to the the issue which is okay as a company what do I need to be focusing on today like just like let Let's ignore all the quarterly or yearly plannings and big you know plans we have and let's just like execute um I that's the way I think so it looks like Whoever thought Dell was going to be up I I did not think it was going to go up that much so uh and Nidia is still down right n is going the other way nvidia's up a little bit after hours yeah we'll see I think the Nvidia story has just begun the next chapter um over the next three weeks we're going to see if this thing's going to lose a third of its value if it's GNA keep rallying but uh I think over the next three weeks that's gonna that's going to be the story earlier today I was hearing a big investor on CNBC um and his story you know for for the last 18 months you had people in Euphoria right like oh AI is just G to be so big but this investor really did lay it out quite practically and he was bearish on Nvidia just stating that you know what the the valuation is just too high the company is great and it's phenomenal they're the smartest accelerated Computing company on the planet it's just the price has detached itself from valuations and now that investors are seeing sequential growth of 16% which is they guided their guide was 32.5 billion and when you look at that guide we're down to 10% soal growth that's beginning to hit investors and go whoa what happened at 200% yeah that's that's behind you that was a one-year thing correct yeah yeah you can't you can't you're not going to maintain 200% year on year at that scale it's just not going to happen the economy can't handle it you'd be you'd be replacing everything all right guys who uh who was a bull on Dell you're going to print some money today so wasn't me I actually didn't even get a prediction in today I was so busy um but uh yeah we had 12,800 predictions today it's crazy crazy my dog is snoring under the table you hear some snoring it's [Laughter] uh H yeah you know one thing we're trying to do is we're trying to bring more uh more CEOs um on Our Daily Show and and actual companies and so uh we have a few companies we're in discussions with that will sponsor the price pool so I think $10,000 they're going to put up the money and then we're going to try and predict the St the ston community is going to try and predict uh after earnings on that on that company that is sponsoring the price pool and so uh you know hopefully hopefully in a few weeks we're GNA have our first one yeah it sounds fun so super interesting and then we'll have the CEO on as well and so hopefully they have a good earnings otherwise it'll be awkward but uh but yeah it's you know it's it's um yeah I think uh it would just be nice if companies embraced retail investors like us more um because I think so many people are watching creators or YouTube and making investing decisions and it's just like okay that's how I do it and um and yeah I think gone are the days of like hiring uh guy from Morgan Stanley paying him one to 2% AUM fees and then him deciding what you're going to buy and they usually recommend these products where they get Commission on top of the 1 to 2% that charge you I think that that whole industry is changing agreed agreed it's you know it we we are in the Golden Age of investing where you know the access to information other opinions real life opinions it's never been better and uh I had a wealth advisor about 10 12 years ago and I decided not to continue that relationship because I found myself uh not necessarily arguing but really having conversations where he would recommend something and I would I would dive deep into it and say well let's follow that through and and he was really put off by that I think his clientele he was accustomed to people saying okay and then moving forward where I was like you know no disrespect but you know I I'm lost the I earned all that money and I I don't want it to be put into an investment that I that I'm not on board with and you know I think we we agreed to go our separate ways and ever since then I've always just managed my own money and uh took on investments and really did all the homework on them and it's really been better because I'm more comfortable when I'm formed I don't know how other investors feel but if I'm informed I'm comfortable if I make decisions based on the information that I'm seeing and even if I make a bad decision I own up to it hey you know what I saw it wrong I made made a mistake and I learned from it but I don't learn from buying ETFs and just being 100% in ETF just for me uh you just learn that hey the market went up I don't know why but it went up or it went down oh back I'm back also I don't like uh money managers charging you 1% of your money every year and said the Market's doing like let's call that 6% 7 8% a year average you're taking one8 of that one six of that and just saying here you take it in a good year in a bad year that's even more right so the market flat and you're still paying 1% the Market's down you're still paying 1% so it's uh Mr short we're all going to run money manager ads on stonks here we're never we're never going to be a money manager yeah I I just think that industry has to um really adapt and assimilate to where where we're at now which is people are just more informed right they they want to they want to uh be more part of the decision-making process and their Investments and you know in in a way they they have an itch they want to scratch which is hey I I would like to invest in this industry because I think that industry is going places well they should they should do that because for all you know you have very good instincts in an industry and if you find that that could make you a lot of money long term but if you don't exercise that you'll never realize what you can and cannot do absolutely I mean that's how I invest I invest in things I see things I use you know and uh I'm like okay I think they're going to win and because like for example Salesforce is a company that traditionally has done well and I'm very pessimistic about because every single person I know like CEO founder who uses Salesforce hits it like I have not met one Salesforce customer that loves Salesforce like Chad tell me if if you at your company use Salesforce tell me whether you love it or hate it like like it blows my mind that you have a company that is doing this much revenue that not a single customer says good things about um right the only other company or organization I was thinking was the IRS for some reason they they just keep all their users and their users are not very happy with the whole experience they go jail as a as a you know they have a compelling proposition very compelling proposition you talk to us or you're you're going away Salesforce phone integration is great given toffee 18 what is the Salesforce phone integration don't know that is um I'm talking about the the the software in general you know if you're if you're using sales force as your company and you're paying $2 $300 per seat uh which at the high end is for what the price pricing is for Salesforce um are you happy does it make your life better um yeah anyways so Dell let's we're we're right coming up got a minute or two before we close it's up 7.48% according to my my site here all right who's gonna win today it's not going to be me yeah out of the money I didn't think it was going to go up this much well I think I it'd go up maybe three and a half percent from where it closed at 110 so there's yeah there's other people that are going to win the money today no walk no no guacamole in my Chipotle or don't qu should have bought somebody should have bought a firm it's up 31% today airm don't know why don't know why wow so that's the buy buy now pay later model right yeah and that model took a beating over the last you're going to lose a lot of money just because I think somebody did a analysis and said look if the economy really like goes goes under not under but like takes a hit the default rates on their loans because it's not secured against anything right um that's the first thing people are going to stop paying and a firm is basically funding its operations by the payment of these loans and so uh you know you have the severe balance sheet risk that normally most companies don't have um so I don't know I'm I'm skeptical of a firm yeah I gotta agree with you the the whole model to me just seems like it's it's going to grow because you know who wouldn't who wouldn't want I think what on the surface looks like fre yeah yeah okay so who's not going to take free financing but whoever is uh carrying that debt is a you know as a asset if you ever have a recession you have you know a lot of delinquencies it's going to cost a lot of money you know who the number one client was Bon oh so we know how that went um yeah it's uh it's just it's a tough one I mean I'm I'm sure they've spent a lot of Blood Sweat and tear building that business but yeah it's a tough one um because like when you have and and maybe that's why Sofi is priced where it is because Sofi also has a balance sheet risk because of the loans that they've done right and so obviously it's nowhere as bad as a firm but you know there is a balance sheet risk there you know looking at PayPal PayPal has a buy now pay later um component to it and I do recall um their stock was in a slump it was like in a one year twoyear slump and the liabilities on their pay byy now pay later yeah really were mounting they ended up selling that debt to I forgot which um financial services company and it relieved their balance sheet of that and we we're seen PayPal begin to Rally but it's nowhere near its height so I think you're right that that is a huge liability yeah so we're at 132 all right you know who won it's uh yeah it's running the query it's hopefully going to be faster than yesterday because it's it's less entries but um it's going to take a while we're we're going to fix this query guys we're going to make it instant so it's on our to-do list so we just got to we got to wait a few minutes here okay the final price was 11881 William William is the man uh William William is the guy who who controls the back end of the game so be nice to William or El your entries May suddenly disappear William's a really nice guy just looks like uh prot trade Mike won $2 .76 very well done wait wait restating it to $284 congratulations can I just say I love the studio setup it's it's looking fuing solid wait till you see the other side of it you know the side you're not there's like 50 cables running all top of each other it's like and your offices look awesome whole location here is great lot of natural light it's a really nice place thank you we had a homeless guy try and break in today so that that that was the first like actually try and break in like just trying to wiggle the door he was kind of knock on the door I opened the door and I don't know what he was saying so I just like had a bad feeling and I closed the door and then he was like he's been like circling this is the point where you call like security because it's a it's a gated complex so just security call the front office them oh we got people collecting money we got uh Tego won $216 trust fund baby added to his trust fund 36 Cents congratulations TR F baby ped the trust fun yesterday as well I think and today as well it yeah trust fun baby that is pretty cool handle we had St slot yesterday that I feel stock slug stock stock SL so I think tomorrow uh What uh what stock are we covering tomorrow guys uh Jason do you know what we're covering tomorrow let me just say that uh complimenting William to really paid off I ended up winning 18 cents oh congrats so you're printing we pay for sales tax not even that in California yeah what are we covering tomorrow guys pulled up the earnings calendar uh not much going on tomorrow people hit or reporting earnings on Fridays right d we did D today um oh the only live right now at the request of Dell technology I gotta talk about this broadcast is the copyrighted propology group any rebroadcasting of so Warren Buffett's new investment Ulta missed Wall Street expectations trims guidance down 6.9% so War Buffett's entry into beauty is uh has not been very graceful to this point how did the stock uh 7% down 7% and after hours okay I I and I've analyzed this company and you know I think it's really commendable what they do right they have Consultants meet with people and and really help them with their their beauty products which is great but they sell everything at a premium and that category is really competitive you're competing against CVS you're competing against Amazon once you know what you like you can just order on Amazon that's what my wife does by the way ERS it on Amazon and gets everything she wants and uh so I I thought that you know that model I think the covid years really threw our economy out of whack a bit people had extra money with all that stimulation money and they were like hey I got an extra 500 bucks in my pocket or my purse I'm gonna go make myself pretty and go to Ulta and they spent that discretionary income well those days are over no no more checks are coming and now the consumer is smart and they're like hey you know I could probably find that stuff 25% Less on Amazon or wherever I think I'm going to go there to replenish yeah Trader PR is asking morti did you watch your crowd strike today yes I did Ching results are out by the way they're on the site okay you uh you want to share your screen I go for it uh number one the award ceremony sh I fume I don't know how pronounce how you pronounce this 125 bucks bucks and then Samba and Erikson yeah that's uh good job guys Crypt Miner Crypt Miner is one of our oldest users and uh how's Crypt Miner doing did you did you show up Crypt Miner did you anything today so close so close uh we did not have a tie today or actually no we did we had two people uh two way TI for first place um threeway three I see two people am I reading this right 11882 there's two people at 1882 off a scent nobody got it exactly right and then there's Deltas here so the winner didn't get the exact price they were just the closest or they got the exact price no they were off by 1 cent oh wow that's awesome good job yeah what was crazy was yesterday at Nvidia only two people were tied for first place MH even even though there were 25,000 predictions and today there's still 12,000 there's only two people at that price I guess it's because of the wild swing right like Dell had a huge swing 7% give or take yeah that was a huge I mean predicting plus 7% for Dell was a was a Bard move guys good job Captain says out of 13 entries he won three that's pretty good ratio three-way winning uh congrats to all the winners um trust fun baby won two out of four put in four tickets one two two printed crypto Miner off by just a bazillion perc that's okay as always next next time um change to top 15% wins something think too many bits you know the way we've done the system is by Design to kind of encourage get have more people win so the people are the top win um you know significant amount of money and then it Trails off right and we're sort of optimizing for I think 30 it's you about a third of the people win something right now 30% 35% so so playing with that I you know it's a it's a work in progress we could give more money to just fewer people but then there would be a lot more people who don't win and it would take you like 10 days to win anything what do you guys think you you guys want like winning a little bit every day or would you rather lose nine days in a row and have maybe you win like five bucks on on day 10 I I think it's fun to try to get the right direction and try to get close I think it is fun and you know I'm I'm pretty proud of those 18 cents not a lot of people but yeah I guess the right direction and uh again my hats off to uh the guy who won or the person who won because that was a bold move so question tomorrow we could do crypto or we could do uh we have a company reporting after hours miniso group although it seems Asian so they may not the timing all Asian companies seems to be wrong here but it is A4 billion do market cap company I don't know what they do uh Min miniso group holding mnso you could cover those but they may report in the morning so this might be Asian time um Minot is a shop okay okay okay all right we're doing crypto guys William already started crypto okay which uh which crypto are we doing William E salana Bitcoin Bitcoin Doge you know what funny is if we did some really like small market cap crypto that actually we could move the price on people could take the expectation of winning their 50 cents and then put 40 into into like the little shitcoin and swing [Laughter] trade be is it PKA dot are you joking or I've never even heard of poka dot where is P dot it's out there it's been around for a while let do our own cry I got I got a lesson in salana this week so I I I was gonna do some homework on salana I don't know if that's interesting to anybody else shibs sounds pretty interesting what is polka do does anyone who does anyone follow crypto talk about what this is no idea what polka dot is but we'll find out we'll all go do some research on it tomorrow so polka dot is a decentralized protocol and cryptocurrency that connects blockchains and allows data and value to be sent between networks that were pre viously incompatible the protocol's goal is to create a more transparent inclusive decentralized internet architecture right that sounds like every single other crypto coin out there probably a fork of some existing coin all right CK Collins Oliver is saying we need an app for phones I think the mobile phone requests are here every day mhh so you guys y y we hear you we just started with web just because it was faster and easier but uh we do hear you there would you use if if there was an app well I would say that um I use my so I've got two giant monitors in my home office and um I use my PC and for my type of investing a phone is just impractical I'll check my phone when I'm watching Netflix with my wife and might check a few things but I think I'll drive myself crazy if I was trying to watch a a a streamer uh analyze something or talk about in detail and I mean the resolution on um the phone you only have a little bit of real state so from that perspective I could I could see that it could be fun especially if I'm on the road and I want to watch that definitely is a use case that would be phenomenal because it is fun to watch you know who won and how close and was I did I guess in the right direction of the stock prediction or did I guess wrong and then uh so forth so what I'm hearing is we need both you need desktop and uh and mobile okay yeah Oliver may or may not not be working on a mobile app right now so it's uh it's been top of mind yeah it's just such a long like ouros journey to get feature parity going on on mobile because every change we make now we got to make it on two systems and on mobile it's IOS and Android and then you got to submit the app for approval that will take a few weeks and so that slows down um but we will do it it's just yeah and and I I would put it out there that um app parody I guess the app isn't the the website doesn't seem like it has too many pieces to it but um I think there's certain pieces that are really good for mobile that from the website um and uh some pieces might not might not be but like the earnings calendar we could skip on mobile right that'd be pretty hard to read yeah who um who are we hosting today after the stream uh Jason who are we hosting Jason's the man please please let us know Jason it's fun to raid man it's like I feel like a viking in the shore all right Jason where are you do we see Jason Jason tell us who are we raing free advice guy okay I can uh I can get it going so raid at free advice guy if you want to retire a little little sooner you watch free advice guy he's got this right this is the guy with the most epic Viking beard he I I joined his stream he's got great advice uh he he did wealth management for a while he helps people uh really organize their retirement and really think about it um but uh I got a lot out of his stream MH all right we are going we are going to raid here 3 two 1 and let's see if this goes through yep see you everyone see you tomorrow we're going to do crypto and go follow free advice guy and tell him how awesome his beard is all right here we go can can I can end the Stream