Episode Transcript
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Speaker 1 (00:01):
Investor's Edge with Gary Cultbomb straight talk about you and
your money now from the Biz Talk Studios. Here is
Gary Cultbaumb.
Speaker 2 (00:13):
And well once again to Investor's Edge. I'm Gary Kulbaumb
your host day. Thanks for being with us today. Glad
you're here, ladies and gentlemen. Happy that you are listening.
Speaker 3 (00:20):
It is.
Speaker 2 (00:22):
Wednesday, the tenth September two thousand and twenty five. Hope
you're having a good day. Before we even get going
late breaking news. I don't know if you know who
Charlie Kirk is. He is the head of Turning Point USA,
which is a youth based political organization that wants to
(00:48):
bring youth on college campuses and in schools to the
I guess you call it the conservative side. He does
these get togethers at colleges to where he sits and
debates people who completely disagree with him. He was he
(01:14):
very instrumental in the election for President Trump. Well, he
was shot by a cowardly prick on campus in Utah.
And I don't have any other info. As you know,
we have no bias here. We don't care what side
(01:37):
of the aisle you're on. Violence. No, we hope he's
gonna be Okay, I don't know him, I've never met him.
He's definitely right leaning. The morlocks are already out. I'm
(02:00):
not gonna name who, and we're just gonna leave it
at that. No, no, nothing else to discuss on that.
But the creeps are out in droves already. It's amazing
to watch wishing and wanting death for people for having
an opinion that's different than yours. I'll never understand. Anyway,
(02:26):
we have some fish to fry today on this show
and time to cover. But by the way, first, this
is serious talk on everything that affects you will do,
the markets, the economy, your job, your industry, debt and deficits,
and scams and shams and corruption, you name it, we
(02:48):
cover it. And if you don't get this radio show
in your city, we'll post it at gary k dot com.
We'll also post it on our x feed and if
you don't follow us, and actually should, also the the
YouTube channel biz tv and all the podcast apps. And
if you'd like to email me, just be nice. By
the way, one more note, as I have told you
(03:13):
we were going to run for office and a Democrat
and a Republican operative scared me straight on some of
the questions asked and the things they had said. And
also the part of it is the security. In case
you don't know, the amount of death threats politicians get,
(03:36):
you would not believe. And I must tell you I
like living. Actually, we just hope the young man is
doing okay. I think he's only like thirty years old.
All right, we move on Oracle. Let me read something
(04:01):
to you on Oracle, which, by the way, finished up
today eighty six dollars to three hundred and twenty eight dollars.
And in case you don't know, this is a bigger
cap stock, So eighty six dollars. My dog is barking
in the background. You'll have to put up with it.
Eighty six dollars. I'm going to say it's about two
(04:21):
hundred and forty billion additional market cap in Oracle today.
Let me read the numbers to you. Oracle now projects
cloud infrastructure revenue to climb from eighteen billion this year
to one hundred and forty four billion over the next
(04:43):
four to five years. And I believe I think they're
saying that's yearly revenue revenue to climb from eighteen billion
this year to one h hundred and forty four. That's
what I think they're saying. In case you don't know,
(05:05):
these are gargantuan numbers and gargantuan predictions. And in case
you also don't know, Larry Ellison, the CEO, is not
like the guy who runs micro Strategy calling for thirteen
million on bitcoin. He's not out there touting and he's
(05:31):
given out these numbers. Now, keep in mind, these are predictions,
but I think they're based on some valid thought process.
Time will tell. I hate saying those three words, but
that's a fact. Time will tell. And all I can
tell you not only Oracle, but anything involved, anything involved
(05:57):
with what we call AI cloud contracts. By the way,
that was another part of this. They have something called
remaining performance obligations surge from one hundred and thirty eight
billion to four hundred and fifty five billion quarter over quarter,
a massive three hundred and fifty nine percent jump, anchored
(06:19):
by four multimillion dollar AI cloud contracts. It's unbelievable. The
numbers are staggering. If in fact, all this comes out
and what ended up happening anything involved today, things that
were sleeping woke up, something like a gevenover GeV up
(06:45):
thirty eight dollars today six percent, and it's been sleeping
for a bunch of weeks. And what they do is
how do I put this electric power systems? And that
would be for the data centers and things like that.
Not only GeV, but let's see a weaker CEG was
(07:07):
up nineteen dollars today, and there were others. Then there
was also something like Comfort System symbol fix ventilation heating,
air conditioning for commercial industrial use the data centers. Then
there's something like Vertive Holdings VRT was up twelve percent today.
(07:32):
Guess what they do technology infrastructure for data centers, so
anything to do with AI on the move. Broadcom up
nine percent today, just recently gapped up. And Video not
the greatest move back above the fifty day up three
(07:55):
point eighty five percent. Pallunteer up for I can go
on and on. You get the point. That area was
amazing today with the NASDAK up six and by the way,
the Nasdaq was down fifty with twenty minutes to go,
the Nasdaq down six. Now, there were some things that
(08:19):
ended up negative because of it. Amazon, which is very
necked deep in some of this stuff that Oracle announced,
was down eight bucks today and failed a little moved
to the upside as well as some other things. And
(08:40):
that's what happened with the Nasdak not being up, while
Broadcom up thirty three, Oracle up eighty six, and the
Oracles and nys E stock as well as others. Taiwan
Semi up nine arm Holdings, which has been dead money
for a while up thirteen. This is all the article
official intelligence stuff. So when you hear a lot of
(09:03):
people say, well, those numbers will not come through, they
may be right, but according to Oracle, they're wrong. So
very strong day for that area, while week in other areas,
and as you know, we stay away from weak downtrending areas.
(09:29):
That is of import and we'll go through everything throughout
the show as far as the markets go. But the
big story today that Oracle number that they are predicting.
And by the way, their earnings are only up six
percent and they missed their earnings estimate. Let me repeat
(09:51):
that they missed their earnings estimate. But I don't think
we've ever seen guidance like this. This is some serious guidance.
If it doesn't come through, bad news. But I want
to repeat Larry Ellison is not the type that goes
out and makes statements like that. I think it has
(10:14):
a strong belief and we'll see how it plays out.
But very good day for everything that is a benefactor
off of more this artificial intelligence build out that's going
on up next, we got a load for you. Thanks
(10:39):
for being here. I'm Gary. This is the one only
Investor's Edge. Hi.
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Speaker 5 (12:05):
It's time to switch on the integrator units and to
get the brain cells where.
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You're listening to.
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Okay, it could be fun.
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Investors Edge, the last bastion of quality programming.
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With Gary called Bomb.
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It doesn't get better than this.
Speaker 2 (12:27):
Well, the Dow is down two hundred and twenty today
with all this fireworks in AI weakness. Apple down seven
dollars and thirty cents. What happened? I believe we mentioned
(12:48):
it yesterday. So Apple does this whole big get together
and these are our new products, and all it is
is another phone and another watch with some improvements. I
hear the phone is. I didn't even spend time on it,
(13:10):
but what I did see was one of the phones
is gonna be a thinner phone. And I do know,
I don't know if they announced it yesterday, They're going
to have some sort of flip phone. And then the watch.
Now I have an Apple Watch. I don't think I'm
(13:31):
ever gonna I don't think I'm ever gonna need to
exchange it or do a new one. And I heard
there was some extra things on there. I think Apple's
biggest problem is something I predicted on the fifth phone,
which I was wrong on, is that who's going to
(13:51):
keep going from the one phone to the next. And
I got news for you. People have but I will
tell you if I'm the normal guy. I got the
new phone about what five six months ago, but I
waited like five years, when I didn't used to wait
that long. So all I can tell you they hit
(14:19):
Apple good today and yesterday, and it's just not a
strong stock versus other things. And in fact, Apple, let
me see if I can get this right in three years,
(14:40):
how about three and a half years. Yeah, I'll use that.
In three and a half years is up. And I
gather the nasdacs better than that, I think. Now I'm
using the high Let me see if that's right. Nah,
(15:02):
the NASDAK is okay, not as bad as I thought,
but near term definitely not so strong. And we don't
own any right now. We also just noticed that, just
letting you know, they were hitting some big names like
Meta and Netflix and Amazon and Apple. Tesla was up
(15:22):
nine and finished flat, so I think that weight Carvana
was down ten, so that weight on the index, but
also Costco down twenty two bucks, and we what do
we say, for like the last two years, how can
anybody buy Costco at a sixty times earnings? And that's
(15:47):
a fact a price earnings multiple of sixty when the
company grows single digits and sales and has had some
single digit quarters in earnings. And of course there's a
premium on it because it's Costco. But eventually valuation will
come in. And the stock is pretty much been dead
(16:11):
now for eh about fifteen months and off the highs
and not much off the highs. We'll call it about
twelve percent, but Costco is down twenty three bucks today.
Also got to mention Salesforce dot Com that's in the Dow.
One of the weakest, if not the weakest, big software
(16:34):
name remains in the bear market. And they just reported earnings.
The stock gap down the market. It bounced with the
market and they trashed it back down today and that
did not help the Dow. And I also have to
mention in the Dow today for whatever reason, McDonald's breaking
down here. And may I state for the record the
(16:54):
restaurant stocks in dire straits. I go through all the
restaurant stocks every couple of days. They are all in
down trends at this moment in time, and you have
some big crashes. Kava Group hit one seventy two at
last November at sixty five today, Chipotele, we warned you
(17:17):
about that fifty for one stock split hit a high
and twenty four of seventy Bucks it's thirty eight Chipotele.
How's cheesecake factory doing even cheesecake factory is topped out
and that was a stronger one. Domino's Pizza down fourteen today,
(17:39):
Wing stopped down eleven. We'd avoid the restaurants, and that
has us thinking, Oh, by the way, Starbucks continues down,
very weak. And Cracker Barrel, which, by the way, they listened,
no remodeling of the restaurant. We told you, don't do
any changes, but do better marketing, and they listened. Good
(18:03):
on them. I actually spoke to the guy who manages
the restaurant around where I live, and I said to them,
I said, listen, I introduced myself, told them what I did.
Don't change, and they did. But the stock is very
weak because of the group. And again back on Starbucks,
(18:25):
remember what I told you. The new CEO said, screw that,
we're not changing pricing, And I'm like, really, in a
price conscious environment, price conscious environment, they don't they what
do they think their premium? But I will say the
(18:47):
Quartata is a very good drink, but it is one
hundred and thirty calories when I have my coffee, which
is whenever I don't want calories. But it is pretty
damn good. It just restaurant business is very tough, ladies
and gentlemen. But you still can't get a reservation at
FO Charles in New York City. You gotta pray for
(19:11):
one anyway. So where'd we go? Oracle AI? But a
bunch of big names got hit today. Restaurants in bad shape.
I got them. Also mentioned rails and truckers very bad shape,
(19:31):
and I just you know, I put little pieces in
a puzzle together. Rails and truckers. Huh, restaurants, Huh, any
pieces of the puzzle there you can put together. I'm
always thinking, huh. Delivery of things. Ups and FedEx have
(19:55):
been dead, will be paying attention. Why job market's a
little less squirrelly right now. And as we always said,
people losing their jobs will tend to spend less and
when there's a lot of people losing their jobs, they
will tend there's going to be a lot less spending,
and since it's seventy percent of the economy, it's something
(20:16):
to watch. On top of that, the jobs available has
been going down. By the way, Wingstop was only down
seven today my bed, I gave you an erroneous number.
Sorry about that. Also, retail, we mentioned that yesterday. We'll
(20:39):
cover that a little bit and what else was working today?
I'm Gary, this is the one only investor's.
Speaker 6 (20:45):
Edge you're listening to.
Speaker 3 (21:12):
America is talking small investor's edge.
Speaker 6 (21:16):
He's gotta be the crowd is just on his feet here,
said a boy with Gary called Bob.
Speaker 5 (21:23):
He'm highly recommended. You're gonna feel better if you talk
to him.
Speaker 2 (21:37):
And well, once again to investor's edge. So we mentioned
Costco down twenty three. That can't be good, right, I
think maybe it's just the valuation. We'll be watching the retail.
There's been some retail weakness, nothing outrageous at this point
in time, but if we start to see retail stocks
(22:01):
in trouble and mass with restaurants, which by the way
is retail. Airlines remain pretty strong right here, so no worries.
The cruise lines remain okay too, but if we start
to see them, we're gonna be talking to you. Oil
prices have edged up a little bit, but interest rates
(22:23):
have edged down. Well, interest rates have plunged, which is
not a bad thing. But we're just a little heads
up some of the retail, not all restaurants, rails and truckers.
And let me tell you, when you look at the
(22:44):
rails and truckers, yikes. Now we're getting all kinds of
questions about nineteen ninety nine and artificial intelligence. Can we
get yeah, we can. Let me explain how nineteen ninety
nine happened. So you know, back then money was flowing
(23:09):
into internet and technology and it got a little crazy
to where they were buying up internet stocks that really
had no game. You had mutual funds change their name
from the Technology Fund to the Internet Fund. You had
(23:30):
companies add dot Com to their name, and their stocks
got used. Also during that time, when all was said
and done, the home builders were at one time's earnings.
I told you that story. So here's how it works.
(23:51):
The big institutions start noticing that boy, oh boy, this
ain't working. This is working, and the more this ain't working,
the more they continue to sell. So it ain't working
even more and ain't working even more, and the money
(24:13):
has to go somewhere because they have to be invested.
So where does it go? Oh, this is what is working,
and both sides feed on themselves to the point where
the Nasdaq went insane, and that is institutions wanting to
(24:35):
keep up, so they just buy without any abandon with
no technical analysis involved. They didn't care if a stock
went up twenty percent two days before, just buy it,
because remember, this is all about human nature and emotions
(24:57):
and fear and greed. So they would pile on and
pile away. I don't think you can pile away get
away from things like the home builders that were down
to one time's earnings, as well as some other things.
And then there's the retail front. I told you the story.
(25:20):
I believe it was like seven or eight months from
late ninety eight to ninety nine. I don't know the
exact timing, but I hadn't account up one hundred percent,
and I had a client call me up and fired me.
(25:41):
One hundred percent wasn't good enough. I had a doctor,
a very nice, meek and mild man, a doctor. I
had bought Oracle, by the way, I had bought Oracle
on a big gap to the up side, and then
it flagged, and then I bought it. I think, if
(26:05):
memory serves me right, I was up fivefold on it,
four or fivefold and a big move. I sold it.
This meek and mild man, this doctor called me up
and f bombed me. And when I say f bombed me,
(26:28):
I mean f bombed me. Why caught up in the
fear and greed and the emotion of how do you
sell something's up four fivefold? That's what's the emotions were
(26:49):
like back then. Well maybe a little bit. I think
this Oracle could set off that type. I am not
predicting it. I am not telling you anything. I am
(27:11):
not telling you to buy sell holder cover. I just
know how human nature works. You remember Game Stop, by
the way, when it did its thing and the seventy
eight eighty year old woman calls me up on the phone.
Should I buy Game Stop? Somebody didn't even know, And
I said, do you know where the stock was a
(27:31):
week ago?
Speaker 4 (27:33):
No?
Speaker 2 (27:34):
Not sure? And I said what was up? But you know,
I guess it was up threefold? Don't you think that
as risk And her answer was what if it keeps
going higher? And then she got mad at me because
I wouldn't tell her what to do emotion. So we're
gonna be watching two things. Number one, those stocks the
(27:57):
artificial intelligence, but number two two institutions with everything else
because back then they were selling off everything to the
point where as I said home builders, and I'm it
doesn't mean homebuilders doing the same. I'm just saying it
was home builders. I remember most was it one time's
(28:20):
earnings and when the market top, guess what did well?
The home builders. So if we start coming on this
radio show and start telling you about all these areas
topping out, breaking down, but AI's doing its thing, we'll see.
(28:45):
We're open to all outcomes for one reason and one
reason only three words, fear and greed. Our job is
to measure it, especially when it potentially can go to
extremes other things. That good day for the oil stocks today.
(29:07):
Oil price are up over a stick. Defense stocks are up.
I don't know if you saw though Poland or shot
down drones from Russia, and I got news for you.
If Russia goes into Poland, look out. We're talking about
some serious crap. Remember, I think Donald Trump did nothing
(29:36):
wrong by meeting with Putin. I would have too if
I was president, try to get anything done. But Putin
played him, would have played me, would have played you.
He had no thoughts of stopping, and in fact, on
his way home while he was on the plane was
bombing Ukraine and now by Noak cent sends drones into Poland, which,
(30:04):
by the way, if you ever been to Crackout, it
is beautiful. I've been to Crackout, haven't been to Warsaw.
Got to do that one day. So defence stocks had
a better day, and I think you know you're seeing.
Also oil prices up. Israel took out some bad people
(30:25):
in the cutter. I think that did the trick. And
a lot of moving parts out there. Kids. I also
want to mention the food beverage to drugs acting poorly,
especially food and beverage. Those stocks are acting terribly. Don't diversify.
(30:48):
Make sure you stay in bull markets. And let me
tell you some of these alcohol I don't know if
you've been reading the stories, but alcohol usage is like
at its lowest level in like ever. Constellation Brands Alcohol
Company last September two hundred and fifty eight. It's now
(31:09):
one forty two. And as you know, I don't drink.
If I have five drinks in a year, it's big.
And I really the only time I drink is when
I go to Nobu because they have this great drink
that I it's a spicy thing. I'm a bob. Five
is a big year for me. And I still don't
get people in alcohol. A lot of it doesn't even
(31:31):
taste good. Ugh, but good luck to you. So the
alcohol stocks had just been destroyed. Up next, we'll commute,
whine and complain about something. I'm gary. This is the
one only investor's.
Speaker 3 (31:48):
Edge you're listening to.
Speaker 6 (32:16):
What are you waiting for one to ready?
Speaker 2 (32:25):
We can't recalled Bob, and wealk once again to the
(32:54):
vestor's edge. Let's talk Pandora's box. You know what Pandora's boxes, right?
If you don't go look it up, you see, as
you know, I'm completely against the tariffs. They're taxes. And
(33:17):
I'm amazed how many conservatives, just because they want to
make nice nice with the president, all of a sudden
love higher taxes. Tariffs are taxes. Let us not forget
that the administration is praising the money coming in, but
(33:41):
it's not coming in, it's already here. It's being paid
by us, our businesses and the consumers. To what extended
heads into the consumers. I don't know. We'll see. The
administration is praising the fact that, oh, we've already collected
this amount of billions of dollars higher taxes. If you
(34:05):
recall the administration President Trump, one of his main thought
processes when he was running for election is Kamala Harris
wanted to raise taxes on everything President Trump did not. Well,
not true. President Trump is praising and they're predicting with
(34:31):
his Secretary of Treasury seven trillion dollars is going to
come in over the next ten years, eight trillion. Well,
that would be an eight trillion dollar tax hike on
the economy. Pandora's box. What does the left like? Most left,
(35:01):
they love to take money away from you. They love
to tax you. You know, Bernie, Bernie Sanders, this is
a video out there. You can go check that he
once wanted a one hundred percent tax on any money
you make above a million dollars in a year, which
(35:23):
means the economy would go into the crapper who'd want
to work nobody's gonna work. I've been told, but Gary,
we once had ninety percent tax rates where we did.
But you know what, also, we had back then tax
shelters up the wazoo. Do you know back then we
(35:44):
had tax shelters where you put in ten grand and
you can write off a hundred. I'm not making it up.
It was insane. It was insane. The tax shelters that
were out there, so effective tax rates people on ninety
percent were like at twenty five. It was too easy.
(36:04):
And of course they got rid of those tax shelters eventually.
I think this may be still some out there Pandora's box.
President Trump is using massive, gargantuan, multi trillion dollar tax
policy on the economy without the House and the Senate. Now,
(36:26):
in case you don't know, tax policy is supposed to
go through the House and then voted on the Senate
and then it goes to the desk of the White House. Well,
not anymore taxes, tariffs. What do you think the next
lefty president's gonna do? Huh? You know they love taxes.
(36:52):
Gavin Newsom highest tax rate in the country, I believe
is California. What do you think he's gonna do well,
he's gonna say, Trump did it up yours America. And
by the way, not only are we doing tariffs, I'm
putting an executive order into this, that and the other thing.
(37:15):
And if you don't like it, go screw. I'm here
for four years, Go screw Pandora's box. So Trump, he's
gone in three and a half years, getting close to
three years. Now, what if a lefty wins? They're frothing
(37:39):
at the mouth right now, ladies and gentlemen, and the
President set us up for the kill down the road,
setting a precedent of not using the House and the
Senate votes on massive tax policy. Did any of you
ever think of that? We did. Just remember the left
(38:04):
hates you. They just use you. Unfortunately, President Trump is
doing it just a little bit different way, but the
same outcome, a crapload of money out of the economy.
(38:27):
We'll see how it plays out. Pandora's box. It's called
opening up a can of worms. Now, the Supreme Court
is looking at this, and the Supreme Court should make
it illegal for Trump to do what he's doing, but
(38:51):
they won't. You know why, six' three you think they're
going to turn Down? TRUMP i doubt. It i'd be.
Surprised and, unfortunately my so called brethren that are supposed,
conservatives fiscal, conservatives low tax, conservatives are actually rooting for
(39:18):
The Supreme court to agree With trump so he can
tax the living crap out of. Us how about? That
so if you are for, tariffs you ain't no. Conservative
(39:40):
that's my. Take you may agree or you may. Disagree, sorry,
lastly ten years yields down at four point h. THREE
i think we can get a half point, cut not
a quarter from The. Fed ain't gonna create a, job
but certainly easier. Money we'll see. It that'll, BE i
(40:04):
believe next. Week and that all, said you have a great.
Evening drive carefully when you get, home do like we.
Do quite. Simple make sure you hug your. Family make
sure you hug your. Children they will feel, Better you'll feel,
BETTER i, Promise stay, well be, well Serenity now, everybody good.
Speaker 1 (40:22):
Night this has Been Investor's edge With Gary cultbomb On Biz.
Talk to listen to past episodes or to get in
contact With, gary go To garykay dot. Com that's garyka dot.
Com
Investor's Edge with Gary Cultbomb straight talk about you and
your money now from the Biz Talk Studios. Here is
Gary Cultbaumb.
Speaker 2 (00:13):
And well once again to Investor's Edge. I'm Gary Kulbaumb
your host day. Thanks for being with us today. Glad
you're here, ladies and gentlemen. Happy that you are listening.
Speaker 3 (00:20):
It is.
Speaker 2 (00:22):
Wednesday, the tenth September two thousand and twenty five. Hope
you're having a good day. Before we even get going
late breaking news. I don't know if you know who
Charlie Kirk is. He is the head of Turning Point USA,
which is a youth based political organization that wants to
(00:48):
bring youth on college campuses and in schools to the
I guess you call it the conservative side. He does
these get togethers at colleges to where he sits and
debates people who completely disagree with him. He was he
(01:14):
very instrumental in the election for President Trump. Well, he
was shot by a cowardly prick on campus in Utah.
And I don't have any other info. As you know,
we have no bias here. We don't care what side
(01:37):
of the aisle you're on. Violence. No, we hope he's
gonna be Okay, I don't know him, I've never met him.
He's definitely right leaning. The morlocks are already out. I'm
(02:00):
not gonna name who, and we're just gonna leave it
at that. No, no, nothing else to discuss on that.
But the creeps are out in droves already. It's amazing
to watch wishing and wanting death for people for having
an opinion that's different than yours. I'll never understand. Anyway,
(02:26):
we have some fish to fry today on this show
and time to cover. But by the way, first, this
is serious talk on everything that affects you will do,
the markets, the economy, your job, your industry, debt and deficits,
and scams and shams and corruption, you name it, we
(02:48):
cover it. And if you don't get this radio show
in your city, we'll post it at gary k dot com.
We'll also post it on our x feed and if
you don't follow us, and actually should, also the the
YouTube channel biz tv and all the podcast apps. And
if you'd like to email me, just be nice. By
the way, one more note, as I have told you
(03:13):
we were going to run for office and a Democrat
and a Republican operative scared me straight on some of
the questions asked and the things they had said. And
also the part of it is the security. In case
you don't know, the amount of death threats politicians get,
(03:36):
you would not believe. And I must tell you I
like living. Actually, we just hope the young man is
doing okay. I think he's only like thirty years old.
All right, we move on Oracle. Let me read something
(04:01):
to you on Oracle, which, by the way, finished up
today eighty six dollars to three hundred and twenty eight dollars.
And in case you don't know, this is a bigger
cap stock, So eighty six dollars. My dog is barking
in the background. You'll have to put up with it.
Eighty six dollars. I'm going to say it's about two
(04:21):
hundred and forty billion additional market cap in Oracle today.
Let me read the numbers to you. Oracle now projects
cloud infrastructure revenue to climb from eighteen billion this year
to one hundred and forty four billion over the next
(04:43):
four to five years. And I believe I think they're
saying that's yearly revenue revenue to climb from eighteen billion
this year to one h hundred and forty four. That's
what I think they're saying. In case you don't know,
(05:05):
these are gargantuan numbers and gargantuan predictions. And in case
you also don't know, Larry Ellison, the CEO, is not
like the guy who runs micro Strategy calling for thirteen
million on bitcoin. He's not out there touting and he's
(05:31):
given out these numbers. Now, keep in mind, these are predictions,
but I think they're based on some valid thought process.
Time will tell. I hate saying those three words, but
that's a fact. Time will tell. And all I can
tell you not only Oracle, but anything involved, anything involved
(05:57):
with what we call AI cloud contracts. By the way,
that was another part of this. They have something called
remaining performance obligations surge from one hundred and thirty eight
billion to four hundred and fifty five billion quarter over quarter,
a massive three hundred and fifty nine percent jump, anchored
(06:19):
by four multimillion dollar AI cloud contracts. It's unbelievable. The
numbers are staggering. If in fact, all this comes out
and what ended up happening anything involved today, things that
were sleeping woke up, something like a gevenover GeV up
(06:45):
thirty eight dollars today six percent, and it's been sleeping
for a bunch of weeks. And what they do is
how do I put this electric power systems? And that
would be for the data centers and things like that.
Not only GeV, but let's see a weaker CEG was
(07:07):
up nineteen dollars today, and there were others. Then there
was also something like Comfort System symbol fix ventilation heating,
air conditioning for commercial industrial use the data centers. Then
there's something like Vertive Holdings VRT was up twelve percent today.
(07:32):
Guess what they do technology infrastructure for data centers, so
anything to do with AI on the move. Broadcom up
nine percent today, just recently gapped up. And Video not
the greatest move back above the fifty day up three
(07:55):
point eighty five percent. Pallunteer up for I can go
on and on. You get the point. That area was
amazing today with the NASDAK up six and by the way,
the Nasdaq was down fifty with twenty minutes to go,
the Nasdaq down six. Now, there were some things that
(08:19):
ended up negative because of it. Amazon, which is very
necked deep in some of this stuff that Oracle announced,
was down eight bucks today and failed a little moved
to the upside as well as some other things. And
(08:40):
that's what happened with the Nasdak not being up, while
Broadcom up thirty three, Oracle up eighty six, and the
Oracles and nys E stock as well as others. Taiwan
Semi up nine arm Holdings, which has been dead money
for a while up thirteen. This is all the article
official intelligence stuff. So when you hear a lot of
(09:03):
people say, well, those numbers will not come through, they
may be right, but according to Oracle, they're wrong. So
very strong day for that area, while week in other areas,
and as you know, we stay away from weak downtrending areas.
(09:29):
That is of import and we'll go through everything throughout
the show as far as the markets go. But the
big story today that Oracle number that they are predicting.
And by the way, their earnings are only up six
percent and they missed their earnings estimate. Let me repeat
(09:51):
that they missed their earnings estimate. But I don't think
we've ever seen guidance like this. This is some serious guidance.
If it doesn't come through, bad news. But I want
to repeat Larry Ellison is not the type that goes
out and makes statements like that. I think it has
(10:14):
a strong belief and we'll see how it plays out.
But very good day for everything that is a benefactor
off of more this artificial intelligence build out that's going
on up next, we got a load for you. Thanks
(10:39):
for being here. I'm Gary. This is the one only
Investor's Edge. Hi.
Speaker 4 (11:02):
I'm Gary Kolbaum hosted a nationally syndicated radio show, Investor's Edge.
We're not just handsome radio people. We manage investors' money
for a living, specializing in fee based discretionary money management.
No big commissions, just a fee on the assets that's managed.
We also provide a full range of personalized services, including
retirement planning, fixed income, and educational needs, all to assist
(11:25):
you in achieving your financial goals. Understanding not all individuals
have the same needs, will carefully evaluate your personal goals
to determine a proper investment strategy. If your current approach
to investing is not getting you to where you would
like to be, call us to make an appointment for
a complementary portfolio review. The number to call is eight
eight eight four two two five five five nine. That's
(11:48):
eight eight eight four two two five to five five nine.
That's eight eight eight four two two five to five
five to nine investment advisory services offer through Call Capital Management.
Speaker 5 (12:05):
It's time to switch on the integrator units and to
get the brain cells where.
Speaker 3 (12:09):
You're listening to.
Speaker 6 (12:11):
Okay, it could be fun.
Speaker 2 (12:14):
Investors Edge, the last bastion of quality programming.
Speaker 3 (12:18):
With Gary called Bomb.
Speaker 6 (12:19):
It doesn't get better than this.
Speaker 2 (12:27):
Well, the Dow is down two hundred and twenty today
with all this fireworks in AI weakness. Apple down seven
dollars and thirty cents. What happened? I believe we mentioned
(12:48):
it yesterday. So Apple does this whole big get together
and these are our new products, and all it is
is another phone and another watch with some improvements. I
hear the phone is. I didn't even spend time on it,
(13:10):
but what I did see was one of the phones
is gonna be a thinner phone. And I do know,
I don't know if they announced it yesterday, They're going
to have some sort of flip phone. And then the watch.
Now I have an Apple Watch. I don't think I'm
(13:31):
ever gonna I don't think I'm ever gonna need to
exchange it or do a new one. And I heard
there was some extra things on there. I think Apple's
biggest problem is something I predicted on the fifth phone,
which I was wrong on, is that who's going to
(13:51):
keep going from the one phone to the next. And
I got news for you. People have but I will
tell you if I'm the normal guy. I got the
new phone about what five six months ago, but I
waited like five years, when I didn't used to wait
that long. So all I can tell you they hit
(14:19):
Apple good today and yesterday, and it's just not a
strong stock versus other things. And in fact, Apple, let
me see if I can get this right in three years,
(14:40):
how about three and a half years. Yeah, I'll use that.
In three and a half years is up. And I
gather the nasdacs better than that, I think. Now I'm
using the high Let me see if that's right. Nah,
(15:02):
the NASDAK is okay, not as bad as I thought,
but near term definitely not so strong. And we don't
own any right now. We also just noticed that, just
letting you know, they were hitting some big names like
Meta and Netflix and Amazon and Apple. Tesla was up
(15:22):
nine and finished flat, so I think that weight Carvana
was down ten, so that weight on the index, but
also Costco down twenty two bucks, and we what do
we say, for like the last two years, how can
anybody buy Costco at a sixty times earnings? And that's
(15:47):
a fact a price earnings multiple of sixty when the
company grows single digits and sales and has had some
single digit quarters in earnings. And of course there's a
premium on it because it's Costco. But eventually valuation will
come in. And the stock is pretty much been dead
(16:11):
now for eh about fifteen months and off the highs
and not much off the highs. We'll call it about
twelve percent, but Costco is down twenty three bucks today.
Also got to mention Salesforce dot Com that's in the Dow.
One of the weakest, if not the weakest, big software
(16:34):
name remains in the bear market. And they just reported earnings.
The stock gap down the market. It bounced with the
market and they trashed it back down today and that
did not help the Dow. And I also have to
mention in the Dow today for whatever reason, McDonald's breaking
down here. And may I state for the record the
(16:54):
restaurant stocks in dire straits. I go through all the
restaurant stocks every couple of days. They are all in
down trends at this moment in time, and you have
some big crashes. Kava Group hit one seventy two at
last November at sixty five today, Chipotele, we warned you
(17:17):
about that fifty for one stock split hit a high
and twenty four of seventy Bucks it's thirty eight Chipotele.
How's cheesecake factory doing even cheesecake factory is topped out
and that was a stronger one. Domino's Pizza down fourteen today,
(17:39):
Wing stopped down eleven. We'd avoid the restaurants, and that
has us thinking, Oh, by the way, Starbucks continues down,
very weak. And Cracker Barrel, which, by the way, they listened,
no remodeling of the restaurant. We told you, don't do
any changes, but do better marketing, and they listened. Good
(18:03):
on them. I actually spoke to the guy who manages
the restaurant around where I live, and I said to them,
I said, listen, I introduced myself, told them what I did.
Don't change, and they did. But the stock is very
weak because of the group. And again back on Starbucks,
(18:25):
remember what I told you. The new CEO said, screw that,
we're not changing pricing, And I'm like, really, in a
price conscious environment, price conscious environment, they don't they what
do they think their premium? But I will say the
(18:47):
Quartata is a very good drink, but it is one
hundred and thirty calories when I have my coffee, which
is whenever I don't want calories. But it is pretty
damn good. It just restaurant business is very tough, ladies
and gentlemen. But you still can't get a reservation at
FO Charles in New York City. You gotta pray for
(19:11):
one anyway. So where'd we go? Oracle AI? But a
bunch of big names got hit today. Restaurants in bad shape.
I got them. Also mentioned rails and truckers very bad shape,
(19:31):
and I just you know, I put little pieces in
a puzzle together. Rails and truckers. Huh, restaurants, Huh, any
pieces of the puzzle there you can put together. I'm
always thinking, huh. Delivery of things. Ups and FedEx have
(19:55):
been dead, will be paying attention. Why job market's a
little less squirrelly right now. And as we always said,
people losing their jobs will tend to spend less and
when there's a lot of people losing their jobs, they
will tend there's going to be a lot less spending,
and since it's seventy percent of the economy, it's something
(20:16):
to watch. On top of that, the jobs available has
been going down. By the way, Wingstop was only down
seven today my bed, I gave you an erroneous number.
Sorry about that. Also, retail, we mentioned that yesterday. We'll
(20:39):
cover that a little bit and what else was working today?
I'm Gary, this is the one only investor's.
Speaker 6 (20:45):
Edge you're listening to.
Speaker 3 (21:12):
America is talking small investor's edge.
Speaker 6 (21:16):
He's gotta be the crowd is just on his feet here,
said a boy with Gary called Bob.
Speaker 5 (21:23):
He'm highly recommended. You're gonna feel better if you talk
to him.
Speaker 2 (21:37):
And well, once again to investor's edge. So we mentioned
Costco down twenty three. That can't be good, right, I
think maybe it's just the valuation. We'll be watching the retail.
There's been some retail weakness, nothing outrageous at this point
in time, but if we start to see retail stocks
(22:01):
in trouble and mass with restaurants, which by the way
is retail. Airlines remain pretty strong right here, so no worries.
The cruise lines remain okay too, but if we start
to see them, we're gonna be talking to you. Oil
prices have edged up a little bit, but interest rates
(22:23):
have edged down. Well, interest rates have plunged, which is
not a bad thing. But we're just a little heads
up some of the retail, not all restaurants, rails and truckers.
And let me tell you, when you look at the
(22:44):
rails and truckers, yikes. Now we're getting all kinds of
questions about nineteen ninety nine and artificial intelligence. Can we
get yeah, we can. Let me explain how nineteen ninety
nine happened. So you know, back then money was flowing
(23:09):
into internet and technology and it got a little crazy
to where they were buying up internet stocks that really
had no game. You had mutual funds change their name
from the Technology Fund to the Internet Fund. You had
(23:30):
companies add dot Com to their name, and their stocks
got used. Also during that time, when all was said
and done, the home builders were at one time's earnings.
I told you that story. So here's how it works.
(23:51):
The big institutions start noticing that boy, oh boy, this
ain't working. This is working, and the more this ain't working,
the more they continue to sell. So it ain't working
even more and ain't working even more, and the money
(24:13):
has to go somewhere because they have to be invested.
So where does it go? Oh, this is what is working,
and both sides feed on themselves to the point where
the Nasdaq went insane, and that is institutions wanting to
(24:35):
keep up, so they just buy without any abandon with
no technical analysis involved. They didn't care if a stock
went up twenty percent two days before, just buy it,
because remember, this is all about human nature and emotions
(24:57):
and fear and greed. So they would pile on and
pile away. I don't think you can pile away get
away from things like the home builders that were down
to one time's earnings, as well as some other things.
And then there's the retail front. I told you the story.
(25:20):
I believe it was like seven or eight months from
late ninety eight to ninety nine. I don't know the
exact timing, but I hadn't account up one hundred percent,
and I had a client call me up and fired me.
(25:41):
One hundred percent wasn't good enough. I had a doctor,
a very nice, meek and mild man, a doctor. I
had bought Oracle, by the way, I had bought Oracle
on a big gap to the up side, and then
it flagged, and then I bought it. I think, if
(26:05):
memory serves me right, I was up fivefold on it,
four or fivefold and a big move. I sold it.
This meek and mild man, this doctor called me up
and f bombed me. And when I say f bombed me,
(26:28):
I mean f bombed me. Why caught up in the
fear and greed and the emotion of how do you
sell something's up four fivefold? That's what's the emotions were
(26:49):
like back then. Well maybe a little bit. I think
this Oracle could set off that type. I am not
predicting it. I am not telling you anything. I am
(27:11):
not telling you to buy sell holder cover. I just
know how human nature works. You remember Game Stop, by
the way, when it did its thing and the seventy
eight eighty year old woman calls me up on the phone.
Should I buy Game Stop? Somebody didn't even know, And
I said, do you know where the stock was a
(27:31):
week ago?
Speaker 4 (27:33):
No?
Speaker 2 (27:34):
Not sure? And I said what was up? But you know,
I guess it was up threefold? Don't you think that
as risk And her answer was what if it keeps
going higher? And then she got mad at me because
I wouldn't tell her what to do emotion. So we're
gonna be watching two things. Number one, those stocks the
(27:57):
artificial intelligence, but number two two institutions with everything else
because back then they were selling off everything to the
point where as I said home builders, and I'm it
doesn't mean homebuilders doing the same. I'm just saying it
was home builders. I remember most was it one time's
(28:20):
earnings and when the market top, guess what did well?
The home builders. So if we start coming on this
radio show and start telling you about all these areas
topping out, breaking down, but AI's doing its thing, we'll see.
(28:45):
We're open to all outcomes for one reason and one
reason only three words, fear and greed. Our job is
to measure it, especially when it potentially can go to
extremes other things. That good day for the oil stocks today.
(29:07):
Oil price are up over a stick. Defense stocks are up.
I don't know if you saw though Poland or shot
down drones from Russia, and I got news for you.
If Russia goes into Poland, look out. We're talking about
some serious crap. Remember, I think Donald Trump did nothing
(29:36):
wrong by meeting with Putin. I would have too if
I was president, try to get anything done. But Putin
played him, would have played me, would have played you.
He had no thoughts of stopping, and in fact, on
his way home while he was on the plane was
bombing Ukraine and now by Noak cent sends drones into Poland, which,
(30:04):
by the way, if you ever been to Crackout, it
is beautiful. I've been to Crackout, haven't been to Warsaw.
Got to do that one day. So defence stocks had
a better day, and I think you know you're seeing.
Also oil prices up. Israel took out some bad people
(30:25):
in the cutter. I think that did the trick. And
a lot of moving parts out there. Kids. I also
want to mention the food beverage to drugs acting poorly,
especially food and beverage. Those stocks are acting terribly. Don't diversify.
(30:48):
Make sure you stay in bull markets. And let me
tell you some of these alcohol I don't know if
you've been reading the stories, but alcohol usage is like
at its lowest level in like ever. Constellation Brands Alcohol
Company last September two hundred and fifty eight. It's now
(31:09):
one forty two. And as you know, I don't drink.
If I have five drinks in a year, it's big.
And I really the only time I drink is when
I go to Nobu because they have this great drink
that I it's a spicy thing. I'm a bob. Five
is a big year for me. And I still don't
get people in alcohol. A lot of it doesn't even
(31:31):
taste good. Ugh, but good luck to you. So the
alcohol stocks had just been destroyed. Up next, we'll commute,
whine and complain about something. I'm gary. This is the
one only investor's.
Speaker 3 (31:48):
Edge you're listening to.
Speaker 6 (32:16):
What are you waiting for one to ready?
Speaker 2 (32:25):
We can't recalled Bob, and wealk once again to the
(32:54):
vestor's edge. Let's talk Pandora's box. You know what Pandora's boxes, right?
If you don't go look it up, you see, as
you know, I'm completely against the tariffs. They're taxes. And
(33:17):
I'm amazed how many conservatives, just because they want to
make nice nice with the president, all of a sudden
love higher taxes. Tariffs are taxes. Let us not forget
that the administration is praising the money coming in, but
(33:41):
it's not coming in, it's already here. It's being paid
by us, our businesses and the consumers. To what extended
heads into the consumers. I don't know. We'll see. The
administration is praising the fact that, oh, we've already collected
this amount of billions of dollars higher taxes. If you
(34:05):
recall the administration President Trump, one of his main thought
processes when he was running for election is Kamala Harris
wanted to raise taxes on everything President Trump did not. Well,
not true. President Trump is praising and they're predicting with
(34:31):
his Secretary of Treasury seven trillion dollars is going to
come in over the next ten years, eight trillion. Well,
that would be an eight trillion dollar tax hike on
the economy. Pandora's box. What does the left like? Most left,
(35:01):
they love to take money away from you. They love
to tax you. You know, Bernie, Bernie Sanders, this is
a video out there. You can go check that he
once wanted a one hundred percent tax on any money
you make above a million dollars in a year, which
(35:23):
means the economy would go into the crapper who'd want
to work nobody's gonna work. I've been told, but Gary,
we once had ninety percent tax rates where we did.
But you know what, also, we had back then tax
shelters up the wazoo. Do you know back then we
(35:44):
had tax shelters where you put in ten grand and
you can write off a hundred. I'm not making it up.
It was insane. It was insane. The tax shelters that
were out there, so effective tax rates people on ninety
percent were like at twenty five. It was too easy.
(36:04):
And of course they got rid of those tax shelters eventually.
I think this may be still some out there Pandora's box.
President Trump is using massive, gargantuan, multi trillion dollar tax
policy on the economy without the House and the Senate. Now,
(36:26):
in case you don't know, tax policy is supposed to
go through the House and then voted on the Senate
and then it goes to the desk of the White House. Well,
not anymore taxes, tariffs. What do you think the next
lefty president's gonna do? Huh? You know they love taxes.
(36:52):
Gavin Newsom highest tax rate in the country, I believe
is California. What do you think he's gonna do well,
he's gonna say, Trump did it up yours America. And
by the way, not only are we doing tariffs, I'm
putting an executive order into this, that and the other thing.
(37:15):
And if you don't like it, go screw. I'm here
for four years, Go screw Pandora's box. So Trump, he's
gone in three and a half years, getting close to
three years. Now, what if a lefty wins? They're frothing
(37:39):
at the mouth right now, ladies and gentlemen, and the
President set us up for the kill down the road,
setting a precedent of not using the House and the
Senate votes on massive tax policy. Did any of you
ever think of that? We did. Just remember the left
(38:04):
hates you. They just use you. Unfortunately, President Trump is
doing it just a little bit different way, but the
same outcome, a crapload of money out of the economy.
(38:27):
We'll see how it plays out. Pandora's box. It's called
opening up a can of worms. Now, the Supreme Court
is looking at this, and the Supreme Court should make
it illegal for Trump to do what he's doing, but
(38:51):
they won't. You know why, six' three you think they're
going to turn Down? TRUMP i doubt. It i'd be.
Surprised and, unfortunately my so called brethren that are supposed,
conservatives fiscal, conservatives low tax, conservatives are actually rooting for
(39:18):
The Supreme court to agree With trump so he can
tax the living crap out of. Us how about? That
so if you are for, tariffs you ain't no. Conservative
(39:40):
that's my. Take you may agree or you may. Disagree, sorry,
lastly ten years yields down at four point h. THREE
i think we can get a half point, cut not
a quarter from The. Fed ain't gonna create a, job
but certainly easier. Money we'll see. It that'll, BE i
(40:04):
believe next. Week and that all, said you have a great.
Evening drive carefully when you get, home do like we.
Do quite. Simple make sure you hug your. Family make
sure you hug your. Children they will feel, Better you'll feel,
BETTER i, Promise stay, well be, well Serenity now, everybody good.
Speaker 1 (40:22):
Night this has Been Investor's edge With Gary cultbomb On Biz.
Talk to listen to past episodes or to get in
contact With, gary go To garykay dot. Com that's garyka dot.
Com
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