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August 20, 2025 58 mins

Is Altman right about an AI bubble? … Plus, Powell at Jackson Hole… Alphabet (GOOG) and Amazon's (AMZN) latest power deals… Why Target (TGT) is selling off... The government's Intel (INTC) deal... And SPACs are back.

In this episode:

  • The PGA Tour: Scheffler's odds are laughable [0:39]
  • Sam Altman says AI is in a bubble—is he right? [3:30]
  • Powell at Jackson Hole: What to expect from the Fed Chair [11:40]
  • Why Google is scaling up its stake in this highly shorted stock [15:05]
  • Amazon's FLEX deal: What are cashless warrants? [21:30]
  • Why Wall Street is punishing Target's executive move [27:55]
  • The government's stake in Intel: Good for taxpayers or slippery slope? [33:50]
  • SPACs are back—will retail investors get screwed again? [47:33]

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