DeepSeek's Permanent Price Cut: What AI Commoditization Means for Tech Investors
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 30 May 2026
⏱️ 45 minutes
🧾️ Download transcript
Summary
DeepSeek has made a permanent 75% discount on its flagship AI model, a move that accelerates the commoditization of AI and puts pressure on the entire AI infrastructure investment thesis. We examine what falling AI model prices mean for the companies building AI, buying AI, and investing in the picks-and-shovels of the AI boom.
Today's Stocks & Topics: Tutor Perini Corporation (TPC), Market Wrap, Vanguard International Growth Adm (VWILX), SPDR Gold MiniShares (GLDM), Key Benchmark Numbers: Treasury Yields, Gold, Silver, Oil and Gasoline, International Business Machines Corporation (IBM), Quantum Computing Stocks, Investment Fees and Taxes, Eli Lilly and Company (LLY), Oil Prices this Summer.
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Transcript
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| 0:00.0 | This is Invest Talk from KPP Financial, helping investors make sense of the markets one day at a time. |
| 0:11.1 | Here's your host, Luke Guerrero. |
| 0:19.8 | Good afternoon, fellow investors, and welcome to the Friday, May 29th, 2026 edition of Invest Talk. |
| 0:27.9 | I'm your host, Luke Guerrero, and I'll be with you over these next 55 minutes or so as we round out the week. |
| 0:35.5 | Talk about the stories that matter, and of course answer your finance |
| 0:39.4 | and investment questions. To that end, before we talk about the market today and dive into our |
| 0:45.9 | show topics, let's tackle this caller question now. |
| 0:51.2 | Hello, guys. I own a Turo-Rini symbol TPC, and I'm thinking about selling all of it. I'm up |
| 0:59.0 | 130%. What do you guys think? Does this stock have any more room to go up, or is this the time for me to |
| 1:07.1 | start at all and move on to something else. Thank you. |
| 1:17.8 | Tudor Perenni Corporation, ticker TPC, is the Los Angeles-based heavy civil and building construction company. Now, they operate under three different segments. One, they're civil, |
| 1:21.9 | so I think public works infrastructure, transit, bridges. And they got their buildings, so hospitality, |
| 1:27.4 | health care, |
| 1:27.9 | government, and then their specialty contracts. That's their mechanical and electrical businesses. |
| 1:32.7 | They are one of the largest U.S. general contractors when you judge by backlog. Now, the company is |
| 1:38.8 | $3.8 billion in market cap. It's got a little bit of debt, not much, $445 million. But revenue growth over the |
| 1:49.3 | past five years has been pretty flat overall. Coming out of the pandemic, things started to |
| 1:54.2 | pick back up again. They lost money in 22, 23, and 24. But now that margin sitting at around a projected 2.9% this year and return on |
| 2:04.0 | equity has grown from 6.8 to a projected 12 in 2026. Most recently, they reported earnings on May 6th, |
| 2:12.3 | where they missed on revenue, but beat on earnings per share. They also had a record Q1 operating cash flow compared to a |
| 2:21.8 | year ago. It was 146.9 million versus just 22.9 one year ago. Gap EPS was slightly below |
| 2:31.8 | one year ago, however. |
... |
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