Big Tech Breaks Away From the Pack as Markets Stumble on Tariff Blitz

Prof G Markets

Prof G Media & Vox Media

Entrepreneurship, Investing, Business

4.3 • 1.4K Ratings

🗓️ 4 August 2025

⏱️ 71 minutes

🔗️ Recording | iTunes | RSS

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Summary

Scott and Ed break down earnings from Microsoft, Meta, Apple, and Amazon, with Scott identifying a shift in the cloud space. Ed explains how the market is reacting to capex spending and what that tells us about investor sentiment. Then they turn to the latest tariff blitz. Ed unpacks why many of the so-called “trade deals” aren’t really deals, and Scott explains why tech seems shielded from the fallout while traditional American companies are feeling the pain. Finally, they dive into the robotaxi wars, debating whether companies should go vertical and which player is best positioned to dominate. Subscribe to the Prof G Markets newsletter Order "The Algebra of Wealth," out now Subscribe to No Mercy / No Malice Follow the podcast across socials @profgmarkets Follow Scott on Instagram Follow Ed on Instagram and X Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Introducing the new Dell AI PC, powered by the Intel Core Ultra processor.
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0:11.0	summarizing meeting notes, finding files, synthesizing data, organizing decks,
0:15.0	organizing multiple schedules, responding to James' long emails.
0:20.0	Leaving all the time in the world for the things you actually want to do, no offence, James.
0:26.4	Get a new Dell.com at Dell.uk slash AI-PC.
0:32.5	Dell, how those ahead, stay ahead.
0:38.5	Support for this show comes from Macy's.
0:41.6	Layering is an art form.
0:43.5	All it takes is a bit of intention, style, and of course, the perfect cold weather staples.
0:48.8	So find the perfect look for you with the help of Macy's fall fashion guide,
0:52.5	your one-stop shop for fall's latest trends and must-haves, curated by their experts.
0:57.1	From leather to denim to cozy knits, find everything you need to piece together your new fall look.
1:02.5	Explore the Macy's Fall Guide for yourself and shop in store or online at Macy's.com.
1:09.0	Today's number one billion.
1:11.4	That's how many birds skyscrapers kill every year.
1:15.3	Ed, just as you know, I'm very much into pets and just a little pro tip for parents thinking about getting their kids their first pet.
1:22.2	Absolutely the best beginner pet is a hamster.
1:25.3	They live just for five days and don't need any food or water.
1:39.8	How are you, Ed?
1:42.0	How are you?
1:43.2	I'm just relieved that it wasn't an animal sex joke.
	...

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