Wall Street News Roundup: The Government's 15% Cut From Nvidia, Intel's Bad Year and Trouble at Yieldstreet

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.4 • 1.4K Ratings

🗓️ 20 August 2025

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today, Nicole shares the biggest headlines on Wall Street and how they will affect you and your wallet. In this episode, she unpacks why the U.S. government will now get a cut from Nvidia (and what the Constitution has to say about it), what Intel's very bad year means for investors, and lessons from trouble at Yieldstreet. This podcast is for informational purposes only and does not constitute financial, investment, or legal advice. Always do your own research and consult a licensed financial advisor before making any financial decisions or investments. All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative, involves a high degree of risk, and has the potential for loss of the entire amount of an investment. Cryptocurrency holdings are not protected by the FDIC or SIPC. *APY as of 6/30/25, offered by Public Investing, member FINRA/SIPC. Rate subject to change. See terms of IRA Match Program here: public.com/disclosures/ira-match.

Transcript

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0:00.0	I'm Nicole Lapin, the only financial expert you don't need a dictionary to understand.
0:06.9	It's time for some money rehab.
0:12.2	It is time for a roundup of the biggest stories on Wall Street and how they're going to affect you and your wallet. As you know, I have been a financial reporter for 10,000 years now. I started my
0:25.7	career when I was 18 on the floor of the Chicago Merck, so I am used to having to go through
0:29.6	dense, dense documents. This week, InVIDIA has me brushing up, not on earnings reports, but
0:36.3	on the Constitution. Specifically, Article 1,
0:39.6	Section 9, Clause 5. If you need a refresher yourself on that one, it reads, no tax or duty
0:46.5	shall be laid on articles exported from any state. Now, the TLDR is that this is known as the
0:53.2	export clause, and it's way more straightforward than it sounds.
0:56.8	If you have a domestically designed or produced product and you sell it internationally, the United States government cannot tax it.
1:05.3	It is so straightforward, in fact, that the only legal cases about it have to do with really hyper-specific products
1:13.3	like maritime insurance premiums. I know. Very exciting stuff here. So why the heck is this
1:20.4	long-settled clause suddenly back in the headlines? And what does it have to do with
1:25.2	NVIDIA and AMD? Both companies manufacture semiconductors,
1:28.8	including the highly sophisticated chips that power artificial intelligence. NVIDIA is NVIDIA.
1:36.1	AMD or advanced micro devices is a player that has also seen a serious lift from the AI boom.
1:42.7	AMD stock is up 99% over the last five years, which is seriously impressive, although
1:48.0	not quite as impressive as Nvidia, which is up 1,300% over the last five years.
1:54.0	But again, Nvidia is Invidia.
1:57.0	The chips, NVIDIA and AMD make power everything from TikTok filters to potential weapon systems.
2:02.8	Think of these chips like the electricity of the digital age. In 2022, the Biden administration
2:08.3	banned American companies from exporting a specific type of semiconductor called advanced
	...

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