01:17:27 · Scott Galloway, Ed Elson
[01:17:27] S0: Yep. Agreed. [01:17:28] S4: Let's take a look at the week ahead. We'll see earnings from Apple, Palantir, AMD, Pfizer, Novo Nordisk, Uber, Arm, and Qualcomm. We'll also get the employment report for October at the end the week. But, of course, the main event will be the midterms. Scott, any predictions? [01:17:42] S0: Yeah. My prediction is that Palantir beats and the stock falls. Palantir is trading at roughly 50 times sales, 50 times forward sales. In May, Palantir and NVIDIA lost a 120,000,000,000 in market cap the day after beating estimates. And at that multiple, a beat is the minimum. Anything short of a blowout is a sell on this thing at this at this price. I mean, essentially, Palantir is the student who, even if they get an a, the expectation is that they're supposed to get an a plus. I just don't think I don't think they can... I don't think... Market has becomes used to such incredible beats for a company trading at a PE of 16, much less a company trading at a forward price sales of 50 x. In sum, I think some air is gonna come out of Palantir. So the prediction is Palantir beats, and the stock takes a fall. [01:18:41] S4: Okay. My prediction is gonna bore you, but it's that the Democrats take the house and the senate, sweep, blowout, predicted it earlier in the year, but doubling down today. [01:18:51] S0: Your lips to god's ears, my brother. Bring on the blue. Oh my gosh. And to think that we don't believe in the gun show just as inaccurate. Hello, ladies. Daddy's going as Deadpool tonight. I've decided. I've decided.
01:18:51 · Scott Galloway, Ed Elson, S3
[01:18:51] S0: Your lips to god's ears, my brother. Bring on the blue. Oh my gosh. And to think that we don't believe in the gun show just as inaccurate. Hello, ladies. Daddy's going as Deadpool tonight. I've decided. I've decided. [01:19:05] S4: Looking big. Looking big. I'll give you that. [01:19:07] S0: It's all the testosterone I'm taking. [01:19:09] S4: There we go. This episode was produced by Claire Miller and Alison Weiss and engineered by Benjamin Spencer. Our video editor is Jorge Carty. Our research team is Dan Shalon, Kristen O'Donohue, and Mia Silverio. Jake McPherson is our social producer. Drew Burrows is our technical director. And Catherine Dillon is our executive producer. Thank you for listening to Prof G Markets for Prof G Media. If you liked what you heard, give us a follow and tune in tomorrow for a fresh take on the markets. [01:20:11] S3: Support for the show comes from TikTok. There is a scientifically documented correlation between listening to podcasts and curiosity. So since you're here, you probably enjoy discovering new things. One great place to indulge your curiosity is TikTok. Whether it's how to forecast volcanic eruptions, strange phenomena that the James Webb Space Telescope picked up near the beginning of time, or a literal deep dive on the ocean's deepest reefs. TikTok [01:20:41] S0: has [01:20:41] S3: a wealth of fascinating videos just waiting to be discovered. Your next discovery is waiting on TikTok. Learn more at tiktok.com/discovermore.