On episode 260 of The Compound and Friends, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Downtown Josh Brown⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and Michael Batnick are joined by Dan Ives and Tom Lee live from Future Proof to discuss: whether the stock market can keep climbing through higher rates and persistent macro risks, the massive AI capex and data center boom, Anthropic’s call to slow down frontier AI development, the growing AI race between the U.S. and China, why software stocks could be beneficiaries rather than victims of AI, Nvidia and the semiconductor selloff, the coming robotics and physical AI boom, blockchain’s role in the future of finance, and what’s next for Apple, Palantir, Anthropic, and the broader tech bull market. This episode is sponsored by DBMF: To learn more about the world’s largest managed futures ETF visit ⁠https://www.dbmf.com/TCF ►00:00 - Intro ►02:58 - The Team Takes the Stage ►05:36 - The Fed, Rates, and the Macro Setup ►07:30 - Can the Stock Market Keep Climbing? ►09:28 - The AI Capex and Data Center Boom ►13:03 - What Could End the Bull Market? ►14:52 - Data Centers, Politics, and China ►16:11 - The U.S. vs. China AI Race ►18:11 - Anthropic Calls to Slow Down AI ►20:55 - AI Safety, Jobs, and Regulation ►25:42 - Zuckerberg and the Open AI Race ►28:44 - Sovereign AI and the Future of Data ►29:54 - Why Elon Musk Wants AI to Slow Down ►30:50 - Nvidia and the Semiconductor Selloff ►32:39 - Why Software Stocks Could Win From AI ►36:08 - The Robotics and Physical AI Boom ►39:54 - Tesla, SpaceX, and the Autonomous Future ►40:57 - Do Consumer Discretionary Stocks Matter? ►43:20 - Blockchain and the Future of Finance ►45:59 - Apple and the Consumer AI Opportunity ►47:25 - The Comeback of Cisco, Dell, and Old Tech ►49:16 - Palantir's Next Phase ►50:40 - The Anthropic IPO ►52:03 - The Compound Is Coming to Broadway 👕 Check out The Compound shop: https://www.idontshop.com 🎙️Listen to our podcasts: TCAF: https://podcasts.thecompoundnews.com/show/TCAF/ Animal Spirits: https://podcasts.thecompoundnews.com/show/animalspirits/ Ask The Compound: https://podcasts.thecompoundnews.com/show/ATC/ The Compound Newsletter: https://www.thecompoundnews.com/subscribe Linkedin: https://www.linkedin.com/company/the-compound-media/ Instagram: https://instagram.com/thecompoundnews Twitter: https://twitter.com/thecompoundnews Tik Tok: https://www.tiktok.com/@thecompoundnews Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Josh Brown and Michael Batnick are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. See our disclosures here: https://ritholtzwealth.com/podcast-youtube-disclosures/ The Compound Media, Incorporated, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. #thecompound #investing #stockmarket #stocks