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Speaker 1: Earners.

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Speaker 2: This episode is brought to you by P and C Bank,

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Speaker 2: a lot of people think podcasts about work are boring,

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Speaker 2: National Association member FDIC.

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Speaker 3: Switching gears a little bit. N video reported last week

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Speaker 3: that was the news of the last week, and this

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Speaker 3: stock is going down ever since.

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Speaker 2: Well, it was, it was, it was, it settled, and

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Speaker 2: then it opened, and it tanked a little bit, and

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Speaker 2: then it closed. There was like a miraculous rally at

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Speaker 2: the end of Friday and it got back up to

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Speaker 2: one twenty six and then today, yeah, roller coaster ride again.

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Speaker 3: So yeah, so we're seeing we're seeing the whole chip sector.

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Speaker 3: In video Hoover run around one sixteen, we see smates

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Speaker 3: down the TSM is down twenty TSM is actually in

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Speaker 3: bear territories, yes, and you all of these things are

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Speaker 3: down bro Co yep so and as the broader stock

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Speaker 3: markets continue to going down and brought it, uh, Nasdaq

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Speaker 3: has going down as well. So in video is pretty

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Speaker 3: much video negative the other day like eleven Yeah, yeah,

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Speaker 3: it's been free falling for a while. So where are

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Speaker 3: we at with in video?

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Speaker 1: You should listen to what I tell you. Some shit

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Speaker 1: gonna fall apart. Shot to stock club if you want

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Speaker 1: to know where the price would to get in and

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Speaker 1: go to eninvest dot com. Most people in stock club

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Speaker 1: not the real price. I see it's getting below one

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Speaker 1: oh five. Might want to look to invest there. But okay,

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Speaker 1: public service announcement, the chip trade is over. It's done.

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Speaker 1: It's a good investment. I'm gonna be real. It's a

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Speaker 1: great investment long term. But for everyone who missed out

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Speaker 1: in the last two years, you're not going to get

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Speaker 1: seven hundred percent return off of this trade anymore. And

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Speaker 1: there's a lot of geopolitical concern about if they're smuggling

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Speaker 1: chips in China. We have to have a real conversation.

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Speaker 1: While he's focusing on tariffs, that don't matter. We have

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Speaker 1: a war, a technological war going on with China.

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Speaker 3: We could lose.

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Speaker 1: You've seen a Chinese stock start and take off, and

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Speaker 1: hedgephones are rotating to potentially get in.

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Speaker 2: About well, that's why I don't think the trip trade

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Speaker 2: is done.

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Speaker 1: It's only gonna be a few playing and video is

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Speaker 1: one of the ones that are gonna do well.

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Speaker 2: So they're they're gonna be playing, they're gonna be good.

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Speaker 2: So I won't go that far. I don't think it's done.

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Speaker 2: I think what we're seeing. Obviously, we talked about how

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Speaker 2: the FED has an impact on the market. There was

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Speaker 2: supposed to be two rate cuts, now that it might

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Speaker 2: be one. The lingering tariffs on these countries is weighing

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Speaker 2: on the economy, Like if we're gonna like that, weighs

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Speaker 2: on the economy. Deep Seat still had an impact. Even

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Speaker 2: when we were talking about the conversation at Conegie Hall

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Speaker 2: backstage with some of the leading people in AI, we

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Speaker 2: could say it had an impact, had an impact, but

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Speaker 2: it was real threat, but it was overblown.

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Speaker 1: It was overblown, but it was a trojan horse. The

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Speaker 1: real concern is all of China teaming up together at

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Speaker 1: the right time to toward how well we're doing.

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Speaker 2: And here's what I'm thinking. And hit me the other

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Speaker 2: night when we talked about all these these CEOs going

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Speaker 2: to the White House to speak, and we were like,

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Speaker 2: you know, Zuckerberg was there, right, and he was there,

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Speaker 2: everybody was there, and then Jensen Way, and I'm thinking

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Speaker 2: to myself, like, why these guys going, Why these guys going?

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Speaker 2: At some point, do you think they discussed tariffs to China?

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Speaker 2: Because what they have to right this is probably like

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Speaker 2: one of the prime conversations that happened. When I looked

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Speaker 2: at the ecosystem of the Video prior to the Biden

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Speaker 2: administration putting a band on advanced ships going to China,

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Speaker 2: I was twenty percent of their business.

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Speaker 3: That's a huge part of it.

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Speaker 2: So now think about that's over the past three years

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Speaker 2: and Video has had this run without that China component in.

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Speaker 2: Can you imagine what that looks like when you get

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Speaker 2: some of that business back, even if it's not the

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Speaker 2: rule bind, even if it's not black Well, we still

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Speaker 2: try to figure out how the hopper gut in there,

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Speaker 2: two hundred thousand of them, allegedly. We don't know how

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Speaker 2: I got in there, right, We got to figure that

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Speaker 2: part out. But I know he's saying ten percent and

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Speaker 2: then he's had another ten percent. But at a certain point,

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Speaker 2: the president is a business man and he has to

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Speaker 2: know that he has these tarrice in places. Yes, you're

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Speaker 2: trying to make a stand, but you're hurting American's greatest companies.

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Speaker 2: Apple's going to be affected and Vidio is going to

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Speaker 2: be affected. Microsoft and we've seen it, we seen them

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Speaker 2: pull back. They're going to be affected. So I don't

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Speaker 2: think the trip trade is done. I think we got

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Speaker 2: to figure this out right, Like I think the tab

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Speaker 2: is going to effect tomorrow for Mexico and Canada. Yeah,

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Speaker 2: and I think the China want to start this week

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Speaker 2: as well.

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Speaker 1: Why are we selling our greatest technology to China unless

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Speaker 1: we know the game's over anyway, that's the point we

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Speaker 1: have to talk about. If you want to ship Blackwell

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Speaker 1: and our best chips to China, it's one or two scenarios.

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Speaker 1: Either Jensen doesn't care about America, which isn't true for

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Speaker 1: the record, or a lot of people on the inside

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Speaker 1: not that America trade is over and we got to

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Speaker 1: get every dollar we can hint to five million dollar

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Speaker 1: citizen card. This is real global business war, right, and

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Speaker 1: if bricks trade is heating up, that's why Zelenski got

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Speaker 1: so much heat. There's a lot of yea, like the

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Speaker 1: DeepC thing, like you said, was overblown. I think the

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Speaker 1: concern is if that that Big seven in China, can

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Speaker 1: they beat our Big seven and right now is looking

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Speaker 1: like yees.

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Speaker 2: So that would be the thing where where would be

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Speaker 2: the spend if it's not coming from American business that

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Speaker 2: you'd have like China would be that place.

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Speaker 3: Right.

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Speaker 2: You're not looking at India just yet, not your EU,

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Speaker 2: not really, Africa is not doesn't have the infrastructure, so

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Speaker 2: you're kind of a looking at that space. Right if

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Speaker 2: we look at where all those Max sevens are spending, right,

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Speaker 2: we had that chart. I think he posted it where

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Speaker 2: that capex is going. I mean there's a clear sign

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Speaker 2: that is pointing to this company yep. That goes by

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Speaker 2: the name of the video. I think Microsoft is over

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Speaker 2: twenty billion last yeah, insane, like everybody is coming. So

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Speaker 2: I don't think that trade is over Yes, there's been

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Speaker 2: some pullback, but it's one of these things when you

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Speaker 2: talk about growth over a quarter of seventy nine.

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Speaker 3: And that's not good well, I think the trade is

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Speaker 3: like as far as the entire semispace.

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Speaker 2: Right, and but they lead that they go then.

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Speaker 3: You have to look at it from this standpoint like, okay,

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Speaker 3: and videos down twenty five percent from is high? Right?

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Speaker 3: Do you think in four years it'll be higher than

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Speaker 3: it is today? Yes, then that would be a good investment.

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Speaker 3: Now do you think in six months? We don't know

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Speaker 3: what's going to happen six months, three months, So if

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Speaker 3: you're trading it, you have to be careful because long

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Speaker 3: term projections are positive. You would have to think that

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Speaker 3: if you invest now, it's a good investment for sure,

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Speaker 3: because that's going to double at some point.

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Speaker 4: An illegal alien from Guatemala charge with raping a child

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Speaker 4: in Massachusetts. An MS thirteen gang member from Al Salvador

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Speaker 4: accused of murdering a Texas man of Venezuelan charged with

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Speaker 4: filming and selling child pornography in Michigan. These are just

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Speaker 4: some of the heinous migrant criminals caught because of President

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Speaker 4: Donald J. Trump's leadership. I'm Christy Noman, the United States

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Speaker 4: Secretary of Homeland Security. Under President Trump. Attempted illegal border

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Speaker 4: crossings are at the lowest levels ever recorded, and over

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Speaker 4: one hundred thousand illegal aliens have been arrested. If you

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Speaker 4: are here illegally, your next you will be fined nearly

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Speaker 4: one thousand dollars a day, imprisoned, and deported. You will

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Speaker 4: never return. But if you register using our CBP home

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Speaker 4: app and leave now, you could be allowed to return legally.

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Speaker 4: Do what's right. Leave now. Under President Trump America's laws,

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Speaker 4: border and families will be protected.

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Speaker 1: Sponsored by the United States Department of Homeland Security,