You can try out Qualtrim here: www.patreon.com/josephcarlson How to sign up for Qualtrim: First join the Patreon, once you have an active patreon membership, then simply create a Qualtrim account using the same email you used for Patreon. Your qualtrim account should then automatically validate after a few minutes. You can always send me a direct message on Patreon if you run into any issues. Patreon includes: - Access to Qualtrim.com - Over 100 Exclusive episodes (more added every week) - Discord community that I'm chatting on every day - Money-back guarantee, if you don't love it, you don't pay. Join over 6,500 other members and try it out, risk free.
Amazon's AI push is intriguing, especially with their cloud dominance and resources. I'm considering adding some AI-related stocks to my portfolio, but with economic uncertainty and rising interest rates, timing feels crucial. Anyone else thinking long-term on AI investments?
Absolutely, having a solid plan is crucial. My portfolio has doubled since early last year. My financial advisor and I are working towards a seven-figure goal, though it might take until Q3 2024.
As someone who works for an AI company, it's great to see the world react to the technology that is years in the making. Professional services companies, especially the more technical ones, are really on a productivity spree with AI tools. They are changing the model of how revenue is generated. It's not about man hours anymore. It's about how many projects can you manage simultaneously with hyperautomation and a few robust tools
There are thousands of people bankrupted by medical bills who might seek revenge against a health insurance executive. If I were one, I would be laying low until this gets sorted out.
Try millions. Regardless how we as bystanders feel about this, imagine the millions affected or ppl they know who were denied or can’t afford life-saving care not just from United Health.
@@reecemura the sad truth is that these people have caused this themselves by having no health insurance and no HSA or emergency funds. there are plenty of ways in the states to prep for emergencies to avoid massive medical bills and people would rather slap it on 30% credit card debt. I have little sympathy.
@@JackRalp96I have known people who got denied insurance coverage on certain bills with the insurance provider being UNH, Leading to people getting worse off or even death, there are tons of posts and videos of people screwed over by their health insurance who was suppose to cover costs. Sometimes it's ridiculous, like refusing to cover the cost of a wheelchair after a amputation to a refusal to cover a cost on a procedure that costs 10s of thousand of dollars. I don't think a "suck it up" attitude should come into play when you are paying premiums to a insurance provider who does not cover you when you need it.
@@JackRalp96huh? If they had no health insurance why would they blame United? They have United lol. This kind of bootstrap bullshit from privileged people is insane. Our system is screwed. There are absolutely huge benefits to our system because we’re at the forefront of innovation. But as a hole, it’s totally screwed.
I tried Rufus and it failed completely. Then I asked Rufus gently to switch off completely but it refused to do so. Now I have less space on my mobile screen because rof the hint I should asked Rufus about product details. Also I think Amazon should first address scammers, senseless payed product placement, products with descriptions and keywords which have nothing to do with the product, products which have descriptions and information missing, the amazon search itself as the search is an absolutely poor piece of technology. The user experience goes down the drain. They can use AI for all of the more important things rather than a chatbot and the fact they havent yet seems to show that it is not as good as they advertise.
I give up, I have to realize now that Salesforce is just something i will never understand. GAAP earnings of 6 $/s (earnings report full of accounting trickery), 60 p/e, 8% revenue growth, lousy ROIC, terrible capital discipline, 10 B$ thrown at buybacks with about a 1% share count reduction as a result, but some new AI plans and everybody loves it. Not sure if this is animal spirits or top level business judgement, but hey it works. I tip my hat to all that foresaw this, understand the drivers and were able to make nice capital gains on this one. Clearly i fall short as an investor in comparison. I will refrain from commenting on Salesforce going forward, as me just not being able to judge this properly.
I bought before the run up cause my dcf said it's a buy but now is overvalued by a lot. I wondered why and found from people using the ai agents and they said is a game changer. I still won't buy but that makes me bullish on the economy. Cause it will make more revenue and less costs for all companies in the world.
this is kinda of how i felt when I look at intuit just confused why its so expensive despite the mediocre number.. yeah good product surem but should that reflect in stable consistent bottom line?
When i first read the earnings my first thoughts were it would be flat or selling off even…. Markets can be irrational sometimes, i have a position in CRM and will be watching this one closely
not gonna lie, this video sounds more like a promotion for AMZN rather than analysis. AMZN already crushes competitors in the online shopping space due to its sheer scale. The addition of gadgets like rufus really do not add much value. Expanding into all these new areans certainly increases capex, but whether they can win out in this space is uncertain. Best of luck to investors.
AI is so fantastic that after buying a very large local medical clinic, a VERY large health insurance used all their amazing AI models to come to the conclusion that doctors only needed 3.5 minutes to treat a patient properly. It was sooooooo fantastic that most of the doctors quit! One is actually driving Uber now as it is much less stress, allows for some socializing and compliments his investment income while keeping him out of the house. If you are healthy, this doesn't affect you nor is the medical establishment even necessary. But for vulnerable, elderly people that aren't getting the needed medical nuances, this is devastating. AI for the win! AI is not what we think it is, nor is it otherwise. Either way, we are well on our way to finding out.
You cant just discard the whole of AI because whatever you/they used couldnt comprehend a complex issue, the privatised american healthcare system is just a cesspit designed to maximize profit.
For me Amazon is the most impressive business of all time. I mean all the great and different things they do… but they dont just do it, they execute with excellence. And then their is this sheer scale at which they execute formidable. All businesses help and push each other. Its not just a big conglomerate that acquired a 100 or so corporations that operate completely independant from one another….Its just incredible
I’m a senior in university (finance) and we legit never talk about important metrics for equities. (FCF yield, SBC, etc) Your channel is where I go to learn more in depth analysis regarding markets. Kudos.
My target retirement fund in my 401(k) had poor returns compared to the S&P 500. I switched everything to the S&P 500, but I regret not doing it earlier. What are the best options for investing $200k for reliable cash flow?
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading.
Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again
@kraz007 that's technical analysis. Per technical analysis there is a huge upside . The pull back just happened once it passed resistance and tested support at 200
The next time someone says that trade destroys jobs, remind them it's technology that actually destroys far more jobs. You can use Agentforce as an example, or perhaps the robotic sorter the Amazon guy was talking about in this video.
There’s always other jobs when their job gets replaced by technology or outsourcing. Unemployment rate is still very low. The problem is the transfer of the gained value from the replacement going further to the 1%. Outsourcing and tech advancement really just widens inequality.
They take jobs that no one wants anyway. Who the hell wants to do customer service and been yelling at 24/7?! Let's now wait for the AI CEO, that would be fun!
@alext1723 ha fair enough, but they also take a huge chunk of manufacturing jobs - just look at a modern auto factory, mostly robotics. Those overpaid semi-skilled workers will never be able to replace all their income with another job. And remember the longshoreman striking at the ports, one of their main issues was to prevent more efficient technologies from being installed that will result in job loss.
Joseph just spent 20 minutes saying corporate profits are good, automating peoples jobs in order to save money is good, executive at UNH was unalived and I can't think of a reason why anyone would want to do that...
Everyone who works for these big companies knows they aren't even automating the work. They're offshoring all these jobs. Which is arguably even more painful. At least if you were automated out of your job, you know some technological advancement happened that you couldn't really stop. But no, what's actually going on is they are hiring 10 Indians for 30 cents an hour to do your job to save money. Shouldn't even be legal (or at a minimum, we should put a cap on what % of a workforce is allowed to be offshore)
Because Nvidia’s golden goose is their chips so far that’s it , Amazon has AWS , Amazon online shopping ,prime and can form an eco system with their Ai ventures.
No United Health Group, is the group that owns 'United Healthcare' and 'Optum' (Both healthcare). Brian Thompson CEO of 'UnitedHealthCare' got shot. The CEO of United Health GROUP is Andrew Witty, a british guy who used to be the University of Nottingham Chancellor.
I am regretting not investing in stocks ever since but still grateful i kept money in the money market. With about $200k maturing soon, i plan investing in the stock market. What stocks should I look into as a newbie to safely grow my money
Invest in S&P 500 ETF, for as long as possible. Do it as often as you can. Try not to withdraw this money and let compounding do its work. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfoIlo allocation
Izella Annette Anderson is the advisr I use and I'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.
I work in Amazon AWS and the past year the amount of AI services and internal tools we have has exploded, it’s increasing our ability to deliver results in big ways. Glad to see it’s getting more coverage and stock is reflecting that
Problem with Rufus is that many sellers have junk descriptions. There are mattress listings with like 10 different options, and the seller uses the same images and descriptions for all of them. Nobody knows what anyone's really buying or getting.
The technology to predict the right sizing of clothing for each customer is huge. And of course Amazon will have more data to make these predictions than any other company. Great video.
Amazon Web Services is such a phenomenal company that I watch. It's incredible how they are able to innovate and build new products fully integrated into their operations all the time.
_"Amazon says its workers are tasked with annotating AI-generated and real shopping data to improve the Just Walk Out system - not run the whole thing. “This is no different than any other AI system that places a high value on accuracy, where human reviewers are common,” Dilip Kumar, the vice president of AWS Applications, writes in the post."_
Just wanna say that's exciting to see these advancements in automation and robotics, as it frees the workforce to do more significant things like p2p experiences or harder-to-automate sectors (think psychologists, engineering, construction). This is critical in a world with declining birth rates.
I think the theory is to get Rufus so good based on your buying history, that it’ll become very good at predicting sizing without needing you to try clothes on in person.
Rufus may accurate recreate how u would look in a picture, but it will never let you know how it feels, u wont feel how it fit, how it will sit on you, or the comfort.
It's up +23% in the last 30 days. So I just consider this a volatile stock doing it's thing. Maybe i'm missing something, but I haven't seen any reason to change core thesis on the company.
I have read something about a presentation at a UBS Conference and guidance being lower than market/analyst expectation. But there also was a huge surge in the stockprice a few weeks ago.
Palantir will be the heart of America. Palantir will be deeply integrated into American businesses and government agencies that people will start to FOMO.
Why do you never compare your investment returns to S&P returns? That is the best way to gauge your stock picking strategy vs buy low cost index and hold.
500 basis points is clear, but you need to know the csat. 5% more is sloppy and likely wrong. A 60% csat with a 500bps increase is 65%, a 60% csat with 5% increase is 63% (5% of 60).
@@jamieosh70 Hey that's really helpful, thanks! Sounds like you're saying there's some truncation of the true range of the scores, so 5% may (or may not) be more of a big deal than I presume. Totally fair! I stand corrected (or at least tone moderated).
@@falsificationism bps is mandated language inside Amazon due to this - which is why he talks that way. Saying a 5% increase can be confusing as many people mean “5 percentage points increase” (I.e. 500 bps) but it doesn’t actually mean that
Many interesting developments. My experience with Rufus was disappointing. I can read a product page faster than asking for information with Rufus. Rufus doesn't tell you anything that isn't already on the page.
Question: Who else was buying AMZN below 200? ✋ ( Hint - Amazon goes sideways for a bit historically - then "releases" something that pushes up the average price)
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival.
We have been in a depression since 2008, the yield curve has already uninverted, global recession indicators are flashing alarm for well over a year, and absolutely nobody could pull us out of the hell coming regardless of party.
I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
ASHLEY GARNER ABBOTT a renowned figure in her line of work, i recommend researching her credentials further.... she has many years of experience and ia a valuable resource for anyone looking to navigate the financial market
Excellent share! Curiously inputted Ashley Garner Abbott on the web, spotted her consulting page ranked top, and was able to schedule a call session. I've seen commentaries about advisors, but not one looks this phenomenal.
i thought about doing calls on salesforce, but my mind was questioning the play. as it crashed last time. and they missed on eps this time. low growth, high pe ratio.
Great video and just subscribed to your channel. Reading some comments posted by people who haven't got it reminds me of my PhD advisor years ago, who had to ask me, a young graduate student then, how to use email. It's a sure sign that we are at the early phase of the Sigmoid curve of AI.
The fact that you were able to run down Amazon’s ai innovations without mention their integral premiership with Palantir that facilitates a lot of it is impressive
It's enticing to consider purchasing some stocks in this bull run. I'm contemplating investing more than $300k for retirement. While the bull run can generate short-term excitement, i also need long-term investment strategy.
I agree with you. As an early investor in NVDA, AVGO, ANSS, and PLTR, my financial advisor's advice was incredibly helpful. Over the past 7 years, she has helped me find stocks that did 10x multiple times. With her help, I've grown my portfolio to over a million dollars.
Actually, it's a woman named Eleanor Bonnici Deskin. She's my go-to advisor-exceptionally approachable and compassionate. I highly recommend checking out her work.
Thank you for sharing this. I've scheduled a call with her and am eager to speak with her directly. She certainly stands out, even with her busy schedule and commitments.
This sound like a huge amazon ad! I love your work though, you are closing in on the milli 🤑🤑. As I am just hitting 164 USD. I hope I am able to finish this journey
You sold me on them as soon as you talked about their supercomputers of homebuilt chips haha. IMO NVDA's multiple is overblown, and if AMZN bit a chunk off of it it would be pretty sweet.
Amazon Trainium chips have been around for years and they suck. Google also has their own. They are 5 years or more behind, maybe they can catch up but not anytime soon.
I'm going to guess it was some kind of a murder for hire senerio. Typically, in those situations, it's either a family member or a business associate that hires the killer. Hopefully, they'll catch the killer soon.
Has to be, why wouldnt they go for Andrew Witty the CEO of United Health group if it was actually a murder 'for the system'. I think theyre just trying to throw them off the actual reason with the whole "Deny Defend Depose" written on the casing stuff.
You can try out Qualtrim here: www.patreon.com/josephcarlson
How to sign up for Qualtrim: First join the Patreon, once you have an active patreon membership, then simply create a Qualtrim account using the same email you used for Patreon. Your qualtrim account should then automatically validate after a few minutes. You can always send me a direct message on Patreon if you run into any issues.
Patreon includes:
- Access to Qualtrim.com
- Over 100 Exclusive episodes (more added every week)
- Discord community that I'm chatting on every day
- Money-back guarantee, if you don't love it, you don't pay.
Join over 6,500 other members and try it out, risk free.
Your work on constantly improving Qualtrim is so inspiring. Kudos Joseph!
@josephcarlsonshow - when I join the patreon it prompts me to pay for the membership. Didn't you say it's free for one month?
@josephcarlsonshow @sudhirvr5412 Exactly what I wanted to ask.
@@sudhirvr5412 same thing happened to me
Hey Joseph,
Since CRM results are quite positive, would you consider it to be alright to take a position in it now?
I think amazon should also clean up the scammers that are trying to sell on amazon as well.
imagine shopping from Amazon
@@DaniilDimitrov Yeah, luckily I know better than to buy the expensive stuff on Amazon.
Neeeerrrrrrddddd
Amazon's AI push is intriguing, especially with their cloud dominance and resources. I'm considering adding some AI-related stocks to my portfolio, but with economic uncertainty and rising interest rates, timing feels crucial. Anyone else thinking long-term on AI investments?
If you're not familiar with market investing tactics, you should get advice from a financial counselor.
Absolutely, having a solid plan is crucial. My portfolio has doubled since early last year. My financial advisor and I are working towards a seven-figure goal, though it might take until Q3 2024.
Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve my financial goals.
Her name is “KENIA GIORDANI BORGES”. You can research her name to find the necessary details and set up an appointment.
Thanks for sharing. I searched for her name and found her website. I reviewed her credentials and did my research before contacting her. Thanks again.
As someone who works for an AI company, it's great to see the world react to the technology that is years in the making. Professional services companies, especially the more technical ones, are really on a productivity spree with AI tools. They are changing the model of how revenue is generated. It's not about man hours anymore. It's about how many projects can you manage simultaneously with hyperautomation and a few robust tools
and how many jobs you can kill and force people out of a job.
There are thousands of people bankrupted by medical bills who might seek revenge against a health insurance executive. If I were one, I would be laying low until this gets sorted out.
Try millions. Regardless how we as bystanders feel about this, imagine the millions affected or ppl they know who were denied or can’t afford life-saving care not just from United Health.
@@reecemura the sad truth is that these people have caused this themselves by having no health insurance and no HSA or emergency funds. there are plenty of ways in the states to prep for emergencies to avoid massive medical bills and people would rather slap it on 30% credit card debt. I have little sympathy.
@@JackRalp96I have known people who got denied insurance coverage on certain bills with the insurance provider being UNH, Leading to people getting worse off or even death, there are tons of posts and videos of people screwed over by their health insurance who was suppose to cover costs. Sometimes it's ridiculous, like refusing to cover the cost of a wheelchair after a amputation to a refusal to cover a cost on a procedure that costs 10s of thousand of dollars. I don't think a "suck it up" attitude should come into play when you are paying premiums to a insurance provider who does not cover you when you need it.
But I don’t think those people can afford pro killers.
@@JackRalp96huh? If they had no health insurance why would they blame United? They have United lol.
This kind of bootstrap bullshit from privileged people is insane. Our system is screwed. There are absolutely huge benefits to our system because we’re at the forefront of innovation. But as a hole, it’s totally screwed.
I have to be feeling frustrated before I can talk to a real human.... Good job AI
I was thinking the same thing....
My experience on Amazon as well, but the real human can finally help at least.
"One death is a tragedy, a million deaths are a statistic." - Joseph Stalin. Great business model, eh?
I sure hope the AI CS tools is AMZNs primary focus. Their original AI customer service was horrendous and very frustrating.
I tried Rufus and it failed completely. Then I asked Rufus gently to switch off completely but it refused to do so. Now I have less space on my mobile screen because rof the hint I should asked Rufus about product details.
Also I think Amazon should first address scammers, senseless payed product placement, products with descriptions and keywords which have nothing to do with the product, products which have descriptions and information missing, the amazon search itself as the search is an absolutely poor piece of technology. The user experience goes down the drain. They can use AI for all of the more important things rather than a chatbot and the fact they havent yet seems to show that it is not as good as they advertise.
I give up, I have to realize now that Salesforce is just something i will never understand. GAAP earnings of 6 $/s (earnings report full of accounting trickery), 60 p/e, 8% revenue growth, lousy ROIC, terrible capital discipline, 10 B$ thrown at buybacks with about a 1% share count reduction as a result, but some new AI plans and everybody loves it. Not sure if this is animal spirits or top level business judgement, but hey it works.
I tip my hat to all that foresaw this, understand the drivers and were able to make nice capital gains on this one. Clearly i fall short as an investor in comparison. I will refrain from commenting on Salesforce going forward, as me just not being able to judge this properly.
I bought before the run up cause my dcf said it's a buy but now is overvalued by a lot. I wondered why and found from people using the ai agents and they said is a game changer.
I still won't buy but that makes me bullish on the economy. Cause it will make more revenue and less costs for all companies in the world.
this is kinda of how i felt when I look at intuit just confused why its so expensive despite the mediocre number.. yeah good product surem but should that reflect in stable consistent bottom line?
@@vliu1549 thanks for this addition, indeed Intuit another great example… Funny enough also a SBC machine, just like Salesforce.
When i first read the earnings my first thoughts were it would be flat or selling off even…. Markets can be irrational sometimes, i have a position in CRM and will be watching this one closely
@@vliu1549 thanks for the addition, yeah that is right, similar vibes and another SBC machine.
not gonna lie, this video sounds more like a promotion for AMZN rather than analysis. AMZN already crushes competitors in the online shopping space due to its sheer scale. The addition of gadgets like rufus really do not add much value. Expanding into all these new areans certainly increases capex, but whether they can win out in this space is uncertain. Best of luck to investors.
It is somewhat naive to think the Texas Roadhouse post was for free. But it surely was a great deal considering the reach.
AI is so fantastic that after buying a very large local medical clinic, a VERY large health insurance used all their amazing AI models to come to the conclusion that doctors only needed 3.5 minutes to treat a patient properly. It was sooooooo fantastic that most of the doctors quit! One is actually driving Uber now as it is much less stress, allows for some socializing and compliments his investment income while keeping him out of the house. If you are healthy, this doesn't affect you nor is the medical establishment even necessary. But for vulnerable, elderly people that aren't getting the needed medical nuances, this is devastating. AI for the win!
AI is not what we think it is, nor is it otherwise. Either way, we are well on our way to finding out.
You cant just discard the whole of AI because whatever you/they used couldnt comprehend a complex issue, the privatised american healthcare system is just a cesspit designed to maximize profit.
For me Amazon is the most impressive business of all time. I mean all the great and different things they do… but they dont just do it, they execute with excellence. And then their is this sheer scale at which they execute formidable. All businesses help and push each other. Its not just a big conglomerate that acquired a 100 or so corporations that operate completely independant from one another….Its just incredible
I’m a senior in university (finance) and we legit never talk about important metrics for equities. (FCF yield, SBC, etc) Your channel is where I go to learn more in depth analysis regarding markets. Kudos.
College education is a sham (okay maybe a slight exaggeration but not totally off base)
Same. Unfortunately most of Academic finance barely looks at financial statements
you should have taken accounting
@@Stockpickervalueoriented college can be kinda a joke ngl but it is basically the "proving grounds" for a career
I would really be looking at what your getting from college, in addition to just a piece of paper.
I’ve found Rufus useful
My target retirement fund in my 401(k) had poor returns compared to the S&P 500. I switched everything to the S&P 500, but I regret not doing it earlier. What are the best options for investing $200k for reliable cash flow?
The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading.
Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again
impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now
Her name is “Mary Elizabeth Fugelsang”. You can research her name to find the necessary details and set up an appointment.
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
Can’t go wrong buying AMZN
It's such an amazing company
They really do so much
Not at 230... I bought around 180, so I assume a lot of traders will exit the trade around 230. So wait for a pullback.
@kraz007 that's technical analysis. Per technical analysis there is a huge upside . The pull back just happened once it passed resistance and tested support at 200
@@kraz007agreed but realistically nearly everything is overbought at this point tho
I love Texas Roadhouse. Going to eat there this weekend.
Salesforce hiring 1000 people to pitch the product but not making the agents do it lol
The next time someone says that trade destroys jobs, remind them it's technology that actually destroys far more jobs. You can use Agentforce as an example, or perhaps the robotic sorter the Amazon guy was talking about in this video.
There’s always other jobs when their job gets replaced by technology or outsourcing. Unemployment rate is still very low. The problem is the transfer of the gained value from the replacement going further to the 1%. Outsourcing and tech advancement really just widens inequality.
@davidrawlings7325 Largely agree with you... and it annoys me both major political parties try to distort it.
They take jobs that no one wants anyway. Who the hell wants to do customer service and been yelling at 24/7?!
Let's now wait for the AI CEO, that would be fun!
@alext1723 ha fair enough, but they also take a huge chunk of manufacturing jobs - just look at a modern auto factory, mostly robotics. Those overpaid semi-skilled workers will never be able to replace all their income with another job. And remember the longshoreman striking at the ports, one of their main issues was to prevent more efficient technologies from being installed that will result in job loss.
Probably 1000 product managers working at Amazon and the best AI support agent name they could come up with is Rufus?
What’s wrong with Rufus?
@@bossballheaddawg2588 Doofus
@@bossballheaddawg2588 it sounds like a dog name, not an AI assistant.
Rufus is the beloved Corgi that was famous for being at the office all the time in Amazons early days.
Each of them got paid 250 grand a year to come up with that
Jesus..... Every company is an AI company lol it's getting worrisome
Joseph just spent 20 minutes saying corporate profits are good, automating peoples jobs in order to save money is good, executive at UNH was unalived and I can't think of a reason why anyone would want to do that...
Everyone who works for these big companies knows they aren't even automating the work. They're offshoring all these jobs. Which is arguably even more painful.
At least if you were automated out of your job, you know some technological advancement happened that you couldn't really stop. But no, what's actually going on is they are hiring 10 Indians for 30 cents an hour to do your job to save money. Shouldn't even be legal (or at a minimum, we should put a cap on what % of a workforce is allowed to be offshore)
In the corporate world, it's hard to know who your enemies are.
If you worked in retail, you would understand how useless most employees are
“Good” for being a shareholder. For investing. On a channel based on evaluating investments.
do you live in the real world or ideologies?
I find it odd that Joseph is so optimistic about Amazon's AI, but remains skeptical of Nvidia's outlook.
Because Nvidia’s golden goose is their chips so far that’s it , Amazon has AWS , Amazon online shopping ,prime and can form an eco system with their Ai ventures.
"He was an all around good guy" yeah, that'll do it in the health business. He probably refused to go down with some shady deal or knew too much.
Joseph, great content. What are your thoughts on META? Been following for a long time but don’t see you addressing it. Appreciate your thoughts
They’ve been crushing it. Earnings have been great.
was great time to jump in at 450usd per share not long ago.,.. and still at 600 its decent buy
As long as Zuckerberg doesnt find a way to burn money again they'll continue to print upwards.
Amazon AI is definitely ahead of Apple AI... err, sorry, I mean "Apple Intelligence" LOL. What a F'ing joke.
Apple is done for
Like Newton
I no longer have an Apple position. Just can’t see it long term anymore.
Great video Joseph thank you!
Brian Thompson is the CEO of United Health 2021
No United Health Group, is the group that owns 'United Healthcare' and 'Optum' (Both healthcare).
Brian Thompson CEO of 'UnitedHealthCare' got shot. The CEO of United Health GROUP is Andrew Witty, a british guy who used to be the University of Nottingham Chancellor.
Great research!
I am regretting not investing in stocks ever since but still grateful i kept money in the money market. With about $200k maturing soon, i plan investing in the stock market. What stocks should I look into as a newbie to safely grow my money
Invest in S&P 500 ETF, for as long as possible. Do it as often as you can. Try not to withdraw this money and let compounding do its work. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfoIlo allocation
Izella Annette Anderson is the advisr I use and I'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.
I looked her up, and I have sent her an email. I hope she gets back to me soon. Thank you
I work in Amazon AWS and the past year the amount of AI services and internal tools we have has exploded, it’s increasing our ability to deliver results in big ways. Glad to see it’s getting more coverage and stock is reflecting that
Problem with Rufus is that many sellers have junk descriptions. There are mattress listings with like 10 different options, and the seller uses the same images and descriptions for all of them. Nobody knows what anyone's really buying or getting.
Yes i cant see them doing this in a way that doesent just warrant a new age of Amazon SEO, or in a way that isnt just straight up biased.
0:18 and Nova Scotia
Can't find any reason why anyone would target Thompson... uh... have you ever had to deal with health insurance?
Yeah exactly, Joseph is so out of touch lol
The technology to predict the right sizing of clothing for each customer is huge. And of course Amazon will have more data to make these predictions than any other company. Great video.
Amazon Web Services is such a phenomenal company that I watch. It's incredible how they are able to innovate and build new products fully integrated into their operations all the time.
Saying that Amazon is an AI Leader is crazy. You have No CLUE how ai works.
I still can’t believe I bought Amazon under $100 a share.
This is so much better than videos about the markets valuation
I thought Amazon A.I was already exposed to be a sweatshop in India 🤔
That was incorrect, hype reporting. The workers in India were auditing the transactions.
_"Amazon says its workers are tasked with annotating AI-generated and real shopping data to improve the Just Walk Out system - not run the whole thing. “This is no different than any other AI system that places a high value on accuracy, where human reviewers are common,” Dilip Kumar, the vice president of AWS Applications, writes in the post."_
Big if true. I will believe it when I see how capable their AIs are. The last time they used indians and advertised as AI.
Probably is the same.But they don't want to admit it how behind in AI play they are.
With Amazon, the issue is not the earnings but the capital expenditure.
Just wanna say that's exciting to see these advancements in automation and robotics, as it frees the workforce to do more significant things like p2p experiences or harder-to-automate sectors (think psychologists, engineering, construction).
This is critical in a world with declining birth rates.
Thanks Joseph for your thoughts, please know this is appreciated.
Great commentary. Curious your opinion on Webull
If Agents are so great, why is Salesforse hiring 1000 people to sell? Can't they use Agents instead to cut costs?
Will Rufus allow me to virtually try on clothes and shoes? Buying clothing online sucks and now there are no stores left.
I think the theory is to get Rufus so good based on your buying history, that it’ll become very good at predicting sizing without needing you to try clothes on in person.
Rufus may accurate recreate how u would look in a picture, but it will never let you know how it feels, u wont feel how it fit, how it will sit on you, or the comfort.
i buy clothes online all the time. if u know ur measurements its not that bad tbh.
In alibaba you have your body mesures online they propose you always based on this
We need UBI for people whose jobs are being displaced. What happens to a population that continues to grow but the job market continues to shrink ?
The sizing thing is amazing!
What about the insider trading of UHC stock to the tune of 13+ mil. not to mention the denials of care. Actions have consequences.
Qualtrim for US is amazing but could you, please, add foreign countries, like EU?
I thought they said CEO of UnitedHealthCare.
Yes ceo
@@musicloveranthonyandrew whitty is their ceo
@ ohhh good call - you’re right
Toast $TOST down 10%. Thoughts, Joseph?
It's up +23% in the last 30 days. So I just consider this a volatile stock doing it's thing. Maybe i'm missing something, but I haven't seen any reason to change core thesis on the company.
I have read something about a presentation at a UBS Conference and guidance being lower than market/analyst expectation.
But there also was a huge surge in the stockprice a few weeks ago.
@@JosephCarlsonShowi love your investment advice
Love me some toast long term. It’s my loose change stock. Bought more today!
Josh Brown exited Toast. Find his video. All software is up a lot, don't chase.
Don't forget their announcement with Palantir today too.
Palantir will be the heart of America.
Palantir will be deeply integrated into American businesses and government agencies that people will start to FOMO.
its probably going to sell me cheap chinese scam products
Why do you never compare your investment returns to S&P returns? That is the best way to gauge your stock picking strategy vs buy low cost index and hold.
he does, both his portfolios outperformed SPY. but not by much
@ does that included tax adjusted gains? From a long term buy and hold ETF strategy? Can you point me to the time stamp where he shows the comparison?
500 basis points means...5% more customer satisfaction in exchange for about 10x the compute power.
Truly revolutionary.
500 basis points sounds way cooler though 😂
500 basis points is clear, but you need to know the csat. 5% more is sloppy and likely wrong. A 60% csat with a 500bps increase is 65%, a 60% csat with 5% increase is 63% (5% of 60).
@@jamieosh70 Hey that's really helpful, thanks! Sounds like you're saying there's some truncation of the true range of the scores, so 5% may (or may not) be more of a big deal than I presume.
Totally fair! I stand corrected (or at least tone moderated).
@@falsificationism bps is mandated language inside Amazon due to this - which is why he talks that way. Saying a 5% increase can be confusing as many people mean “5 percentage points increase” (I.e. 500 bps) but it doesn’t actually mean that
why are you so sure JJ Watt tweeted that for free?
I think that JJ Watt might own a couple shares from Texas Roadhouse.. but who knows..
Many interesting developments. My experience with Rufus was disappointing. I can read a product page faster than asking for information with Rufus. Rufus doesn't tell you anything that isn't already on the page.
ASML or Qualcomm stock?
Jasse is in beast mode 📳
Now. Amazon lens is a great feature!
I need to try it
What you think of Sentinel One?
Look for an astronaut with a diaper that was staking out the area!
@22:13 This means that this means that
Joseph must be an AI agent
there is no subtitles 😢
Banana Republic asks you what clothes from other retailers fits you and gives you the sizing.
So what price target are we looking at for AMZN this time next year?
I already use Google Lens pretty often to figure out what an item is. Will how to see how Amazon's lens product compares.
There’s nowadays an ai model for each company. That’s not important news.
Does Qualtrim work for companies only listed in europe ?
Question: Who else was buying AMZN below 200? ✋ ( Hint - Amazon goes sideways for a bit historically - then "releases" something that pushes up the average price)
Still waiting anti monopoly government acting on Amazon enormous power
Your dividend portfolio link has to be updated to your new holdings/percentages
Joseph the world is CRAZY
I think that amazon is the one designing these chips, but im not sure....
AMD is going to break the monopoly first. Everyone is sleeping on chiplets.
Nice profolio
Yaaay Ai agents stealing jobs. What a fantastic future we are in for. At least if you are a billion dollar corp.
23:50 not more narrow but narrower, grammar mistake comparative adjectives
Why doesn't Salesforce use its agents to sell the agent to its customers instead of hiring 1000 sales reps? 😂
Love the analysis but not all the advancements are "generative" ai
🙏🏼
So they did an apple and just buy their ai from anthropic and pretend they did it.
Kay.
Consistently, very impressive content. Thank you.
What are you’re thought on Amd? I have a small size in them and wonder what your thoughts is?
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival.
We have been in a depression since 2008, the yield curve has already uninverted, global recession indicators are flashing alarm for well over a year, and absolutely nobody could pull us out of the hell coming regardless of party.
I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
ASHLEY GARNER ABBOTT a renowned figure in her line of work, i recommend researching her credentials further.... she has many years of experience and ia a valuable resource for anyone looking to navigate the financial market
Excellent share! Curiously inputted Ashley Garner Abbott on the web, spotted her consulting page ranked top, and was able to schedule a call session. I've seen commentaries about advisors, but not one looks this phenomenal.
First - Joseph you're a DAWG
Nope. third.
@guerro327 damn lmao how do y'all do this
i thought about doing calls on salesforce, but my mind was questioning the play. as it crashed last time. and they missed on eps this time. low growth, high pe ratio.
Great video and just subscribed to your channel. Reading some comments posted by people who haven't got it reminds me of my PhD advisor years ago, who had to ask me, a young graduate student then, how to use email. It's a sure sign that we are at the early phase of the Sigmoid curve of AI.
The fact that you were able to run down Amazon’s ai innovations without mention their integral premiership with Palantir that facilitates a lot of it is impressive
It's enticing to consider purchasing some stocks in this bull run. I'm contemplating investing more than $300k for retirement. While the bull run can generate short-term excitement, i also need long-term investment strategy.
It seems like there's potential, but caution is warranted. hence I will advice you get yourself a FA that can provide you with entry and exit points>.
I agree with you. As an early investor in NVDA, AVGO, ANSS, and PLTR, my financial advisor's advice was incredibly helpful. Over the past 7 years, she has helped me find stocks that did 10x multiple times. With her help, I've grown my portfolio to over a million dollars.
Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?
Actually, it's a woman named Eleanor Bonnici Deskin. She's my go-to advisor-exceptionally approachable and compassionate. I highly recommend checking out her work.
Thank you for sharing this. I've scheduled a call with her and am eager to speak with her directly. She certainly stands out, even with her busy schedule and commitments.
Joseph, Amazon is top of the top!
This sound like a huge amazon ad! I love your work though, you are closing in on the milli 🤑🤑. As I am just hitting 164 USD. I hope I am able to finish this journey
You sold me on them as soon as you talked about their supercomputers of homebuilt chips haha. IMO NVDA's multiple is overblown, and if AMZN bit a chunk off of it it would be pretty sweet.
Amazon Trainium chips have been around for years and they suck. Google also has their own.
They are 5 years or more behind, maybe they can catch up but not anytime soon.
Check with the FBI on who killed Thompson. 🤔 Sure he was going to whistleblow on shenanigans.
If AI doesnt go as expected are we screwed?
I'm going to guess it was some kind of a murder for hire senerio. Typically, in those situations, it's either a family member or a business associate that hires the killer. Hopefully, they'll catch the killer soon.
I hope they don't
Has to be, why wouldnt they go for Andrew Witty the CEO of United Health group if it was actually a murder 'for the system'. I think theyre just trying to throw them off the actual reason with the whole "Deny Defend Depose" written on the casing stuff.