WEBVTT - Single Best Idea: Paul Sankey  & Ivan Feinseth

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news.

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<v Speaker 2>Single best idea, an Apple podcast, what's the theory. Here's

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<v Speaker 2>the theory. Tons of podcasts out there, and you know

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<v Speaker 2>they go for twenty minutes, they go for fifteen minutes,

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<v Speaker 2>they go for thirty minutes. Look to the Big Take

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<v Speaker 2>with David Gurra is one example of the new produced podcast.

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<v Speaker 2>What we're trying to do is give you a window

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<v Speaker 2>into our three hours of coverage on Bloomberg surveillance, usually

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<v Speaker 2>with two voices, and today was wonderful. We're gonna make

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<v Speaker 2>this quick. It's August, it's Wednesday. The news slow is

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<v Speaker 2>killing us. It's supposed to be quiet, it's not. But

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<v Speaker 2>let's start here with an arching theme, which is evs

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<v Speaker 2>in America. Paul Sanki has legendary in a hydrocarbon a

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<v Speaker 2>research with Adam Siminski at Deutsche Bank years ago. Paul

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<v Speaker 2>Sanki out with his own shingle. Now when he walks

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<v Speaker 2>into opak Alpek style apps and listens, Paul Sanki in

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<v Speaker 2>the future of ev in America.

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<v Speaker 1>The fact of the matter is that the largest single factor,

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<v Speaker 1>the largest single sector in oil is US gasoline. And

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<v Speaker 1>you know that's ten million barrels a day, right, one

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<v Speaker 1>in ten barrels consumed globally, and obviously if you have

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<v Speaker 1>a significant EV penetration, that's going to you know, we've

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<v Speaker 1>been working on that for ten or fifteen years, absolutely,

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<v Speaker 1>and it is negative for gasoline a mat obviously, It's

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<v Speaker 1>just that the rate of sales is somewhat disappointing, and

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<v Speaker 1>you know, the penetration into the fleet is therefore also

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<v Speaker 1>weaker than you might have anticipated.

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<v Speaker 2>Pasl Sanki of Thank You Research and what we see

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<v Speaker 2>in EV a huge theme for us in the next

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<v Speaker 2>year after particularly what we saw a number of days

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<v Speaker 2>ago from Ford Motor with a billion on the write

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<v Speaker 2>down that they will take as we learn about EV's

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<v Speaker 2>about gasoline moving forward big day to day in Vidio

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<v Speaker 2>and lud We're going to devote an entire hour in

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<v Speaker 2>the six pm hour to Ed Ludlow's thoughts on in Vidio,

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<v Speaker 2>and his conversation will be with Jensen Wang, the CEO

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<v Speaker 2>of Nvidia, and some of that will be colored by

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<v Speaker 2>a tobaccle. We book people and we really don't know

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<v Speaker 2>the newsflow. We try to guess and sometimes we get

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<v Speaker 2>really really lucky. Ivan finds Seth. The Tigris management follows Nvidia,

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<v Speaker 2>and just as the SMCI news broke with the stock

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<v Speaker 2>plunging because of the accounting delay in their filings, we

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<v Speaker 2>were privileged to have Ivan with us on SMCI and

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<v Speaker 2>their crater. The only way to put the stock price

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<v Speaker 2>Ivan find Seth Tigris management.

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<v Speaker 3>They recently switched in twenty three. They switched to Deloitte too,

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<v Speaker 3>so I guess they're going through the filings again to

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<v Speaker 3>make sure that no issue. I mean Hiddenberg does have

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<v Speaker 3>a short position in the stock. And then they do

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<v Speaker 3>publish research that recommends that shorting the stock based on

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<v Speaker 3>accounting irregularities. So I mean it is Hiddenberg's work has

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<v Speaker 3>been questionable. However, I do like super Micro. It is

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<v Speaker 3>part of the AI play. So I right now feel

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<v Speaker 3>this weakness is a buying opportunity.

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<v Speaker 2>I have and find Seth Tigris. There an SMCI Lawrence

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<v Speaker 2>McDonald head on Twitter. He not me. He is suggesting

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<v Speaker 2>Larry McDonald's suggesting that SMCI is the third largest customer

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<v Speaker 2>of Nvidia. We'll have to check that. Ed Ludlow wouldn't

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<v Speaker 2>know that. I don't know if that's true. Now Ludlow

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<v Speaker 2>knows all the answers to this tech stuff as well.

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<v Speaker 2>We've got lots coming up here in the end of

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<v Speaker 2>the summer. Busy, busy week Carol Master, Tim Stonett Stenevik.

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<v Speaker 2>They're going to go out to the US Open Fall

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<v Speaker 2>Sweeney was there yesterday, which was very cool, the celebration

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<v Speaker 2>in New York. Heat wave now, but the temperature breaks

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<v Speaker 2>as we start to stagger into September. We're beginning to

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<v Speaker 2>line up the voices you need to hear from into September,

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<v Speaker 2>and of course we'll do that. Very excited about a

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<v Speaker 2>huge radio expansion across the nation. We've got a big

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<v Speaker 2>fat signal in Washington, DC, ninety ninety one FM joining

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<v Speaker 2>US September third, ninety two to nine FM in Boston

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<v Speaker 2>from Mount I love saying this from Mount Kataden to

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<v Speaker 2>Block Island's National Hotel. People are really I'm going no,

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<v Speaker 2>I'm making it up, but it sounds good. From Mount

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<v Speaker 2>Kataden in Maine down to Black Island, off the tip

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<v Speaker 2>of Long Island and off of Rhode Island. Well, okay,

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<v Speaker 2>this signal is not quite that large, but we'll go

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<v Speaker 2>with it. Ninety two nine FM in Boston look for

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<v Speaker 2>that September third, Route and Ample Podcast. This is single

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<v Speaker 2>best idea.

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<v Speaker 1>Sing punts will included in LAS