Blockbuster Week For Big Tech Earnings + Can the U.S. Fix Its Student Debt Crisis?

Prof G Markets

Prof G Media & Vox Media

Entrepreneurship, Investing, Business

4.3 • 1.4K Ratings

🗓️ 5 May 2025

⏱️ 70 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Scott and Ed discuss the latest U.S. GDP report, new data on China’s factory activity, and the launch of Amazon’s new internet satellites. Then they turn to Big Tech earnings, breaking down first quarter results from Apple, Amazon, Microsoft, and Meta. Finally, they examine the Trump administration’s decision to resume forced collections on defaulted student loans, discussing the broader implications and potential solutions for addressing student debt. 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 @profgpod: Instagram Threads X Reddit 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	And we're back, folks.
0:01.7	It looks like Jim from sales just got in from his client lunch, and he's got receipts.
0:06.5	His next meeting is in two minutes.
0:08.2	The team is asking, can he get through his expenses in that time?
0:11.7	He's going for it.
0:12.6	Is that his phone?
0:13.6	He's snapping a pick.
0:14.8	He's texting ramp.
0:15.8	Jim is fast, but this is unheard of.
0:17.7	That's it.
0:18.4	He's done it.
0:19.2	It's unbelievable.
0:23.3	On ramp, expenses are faster than ever.
0:25.0	Just submit them with a text.
0:28.7	Switch your business to ramp.com.
0:35.1	Amazon offers term time working to their employees, like Anton,
0:40.3	who's home to look after his daughters during their holidays. Hello!
0:41.3	To him, this is the best sound in the world.
0:44.3	Daddy!
0:45.3	Actually, maybe that's the best sound of all.
0:51.3	Now that's term time working.
0:53.3	Offered at Amazon. Ten that's term time working.
	...

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