Nvidia china f & e center, oil prices rise: trend kicker

00:00 Speaker A

Let us check a few trend kickers here. This is sponsored by delicacies. Today we will take a look at Nvidia's shares and some movements on the oil market. Initially, Nvidia reported a research and development center in China. This corresponds to the FT, the financial times. This made some headlines here, but let us expand this a little because Nvidia plays on a role here. I mean, the latest steps here, uh, yes, we know that in Saudi -Arabia, Vae, deals announced. I mean, I also think you are looking at this winning season, these big tech giants. There were many worries about the AI ​​boom, would these customers continue to issue? Alphabet repeats Capex, Microsoft repeated, meta increases. All good news for Jensen Huang.

00:53 Speaker B

Is safe. Well, at some point, um that April deeply that we only talked about Nvidia was so sober at a time, Nvidia was cheaper than the S&P 500, wasn't it? The S&P 500 on the depths was traded about 19 times. Well, Nvidia acted because it went down in the 80s, you know. It was traded 18 times. I mean, imagine Nvidia, the darling of the AI ​​matter with UH, 50, 60, 70% profit growth, which acted 18 -times cheaper than the S&P 500. I mean it was so crazy. And it wasn't just Nvidia, it was Celestica, it was Marvell, it was Semimicro computer, and um, they all came back, Josh.

01:44 Speaker A

It sounds like Jensen Huang is also very on the good side of President Trump. He was at CFRA, UH, her team of analysts. They said this week that our prospects for Nvidia had improved considerably. They have told their customers in the past few weeks. They talked about favorable political changes, mild China -Zölle that scrap the AI ​​diffusion rule. They did not mention the uncertainty in the 232 semiconductor examination. Income planned for May 20th. Do you like this name?

02:27 Speaker B

You better believe it. Yes, I bought it, um, warehouse for my customers when it was in teenagers, a teenager, as you would like to say on Wall Street, and now, as we only showed, was it what? 1, 130, 135 etc., and I think I'm going to new heights. I think you have to own Nvidia. I think that the core generity, right? Um, I lead the American Ingenuity Fund, so I have a core group of names that I almost never sell. Uh, the Mag7. I don't have all Mag7, but I have the obvious, Google, Amazon, Apple, etc., Meta. Uh, and I think you have to put nvidia into this core generity. I would also tell you that you have, UH, UH, Salesforce.com in these core centers and the Palo Alto software in these core functions.

03:35 Speaker A

Why do you like Benioff's company?

03:39 Speaker B

Because it is the biggest and best and the first, UH, in customer relationship management. The software platforms that help companies report data to find more sales so that they can expand their business. So it is a moderator growth. And then Palo Alto Networks the largest cyber security company in the world. And um, I mean, you could argue whether they are the best, but they are the biggest and they really wrote the book about the best in BREED companies. If you look at these names at Nvidia and then Mag7, this is a core generity. I think you have to own these names. In fact, about a third of the portfolio, I own 41 companies in my portfolio, but a third of the portfolio is taken into account by these names of core use.

04:48 Speaker A

So well, let's switch our gears here. We will also talk about oil prices. Today higher, the hope of growing for a USIRan nuclear agreement, maybe these drive cables may increase the global offer. There were different headlines that I saw in this today. I have seen reports that the Iranian Foreign Minister had actually downplayed the professionals of the professionals for a breakthrough in the nuclear discussions with the Trump administration and said no formal proposal was preserved. This is per Bloomberg. If the prices, as we know, were under pressure, seems to assume that as President Trump that we might be closer to a potential deal, give me your attitude, Adam.

05:36 Speaker B

Well, that is very pulled and complicated, um, over time. Remember, it's not just about the USA and Iran or just Iran's nuclear skills. Uh, it's also about the ancient and I my centuries, um, um, wrestling match between UH, Sunnis and Shiites. And um, Iran is traditionally Shiite and Saudi Arabia is Sunnis. This is one reason why these two countries, uh, I don't want to say enemies, but uh, certainly in contradiction to each other for UH so long. And so there are only many complicated problems that you and I mean, we are sitting here in New York, and I'm a wall street type, and you are half a Wall Street, half -media, and we could somehow know what it means, what, um, you know, sunnites against Shiite, but we will never really know. We will never really understand it or appreciate the depths of all of it. And that's why it will take a long time. In addition, add the USA to make Saudi Arabia to participate in the Abraham Agreement, a platform that allows it, or tries to pave the way for Israel and UH, different Arab nations. I mean, that's complex stuff.

07:34 Speaker A

Let me ask you to bring it back to you as Wall Street type. Are there any energy names where you say, yes, I, I want to own my customers?

07:46 Speaker B

Yes Yes Yes. So, you, you, you, you increase what you achieve, is a very interesting point. And that means I think that part of the reason why the Trump administration reaches both Russia and Iran so hard, is that if we can form if there are ceasefire between Russia and Ukraine and if there is no more nukes, um, um, in Iran, that they could effectively swept emargoed barrels back on the market, on the market, on the market, on the market, on the market, on the market, the market. And guess what if the oil price drops, inflation drops.