Brian Sozzi

$NVDA

Jeremy Allaire (@jerallaire), Co-Founder, Chairman & CEO of @circle, joined The Economic Club of New York earlier this week to discuss the rapid evolution of AI, digital assets, and how these shifts are reshaping the global economy. ➡️ Swipe through for highlights from the conversation with Brian Sozzi (@BrianSozzi), Executive Editor at @YahooFinance. Be part of conversations with today’s leading voices across business, finance, and global markets. Explore ECNY membership: econclubny.org/members __ #ECNY #TheForum #DigitalAssets #AI #FutureOfFinance #FinancialInnovation #GlobalEconomy #ThoughtLeadership #BusinessLeaders #…

An economic warning from former economic advisor to President @realDonaldTrump Gary Cohn: "[Higher gas prices are] absolutely recessionary in the short term. There's nothing more instantaneous to a consumer than standing there holding down the gas nozzle and watching the numbers tick on the pump ... And if they were paying $80 a week ago, and they're paying $85 this week and they were paying $60 a month ago, they know that 'I lost $20 of disposable income in filling up this tank of gas." More insight: finance.yahoo.com/news/former-to…

@CyberRobooo Big Optimus opportunity with McDonald’s here @elonmusk

A McDonald's in Shanghai has begun deploying humanoid robots (from KEENON Robotics) to serve customers. > These humanoid robots provide information, greet guests, and help enliven the atmosphere. > Food delivery robots serve meals to customers and collect used trays. in the future, fully automated, staff-less McDonald's locations may soon become a reality. A single store might require very few human employees, with even the kitchen operations entrusted to intelligent robotic systems. (Of course, the success of this initiative relies heavily on the seamless synergy between AI and digital systems.)

Unclear when Uber investing up to $1.25 billion in Rivian to make robotaxis will reverse this stock chart:

@johnjdagostino May only be BTC 😂

@BrianSozzi and as well all know, if an asset doesn't behave perfectly in sync with its implied use at all times and immediately, it is forever useless. Or is that only for BTC?

The bottom just dropped out of gold prices:

Or change the name to Meta AI 😉

AI isn't "going to replace the relationship of a human financial advisor," Edward Jones' Penny Pennington says. "I have a thesis that humans are going to carve out a lane for other humans about the things that matter most to them: health, wealth, their spirituality, and family."

Q: For the average human out there, is what we're seeing with oil prices transmitting to gas prices, is it recessionary? "It's absolutely recessionary in the short term," IBM vice chair @Gary_D_Cohn says.

Take 3 minutes and read this on @YahooFinance New chat with Circle co-founder and CEO Jeremy Allaire on the outlook for jobs in the age of AI. Excerpt Sozzi: Are you in the camp that AI will unleash economic prosperity? Because all I've heard for the past month is how AI is taking human jobs. Allaire: I think the first is that agentic AI in particular is going to enable dramatically higher velocity of economic activity, and it will allow for dramatically more efficient forms of corporations ... My own belief is that, on an absolute basis in terms of productivity in the economy, GDP growth across every major industry can be transformed and grown in very, very significant ways. Effectively, AI agents will replace a huge percentage of work that's currently performed by humans on a massive scale. And I think it's going to be most dramatic in white-collar work. This is the message that I give to every single employee in my company: If you actually embrace these agentic capabilities, you as a person have new superpowers, and your ability to have impact grows dramatically... But I think there is going to be this kind of discontinuous relationship between, you know, the way in which the job transformation impacts the labor and the way in which humans pick up these tools and use these tools. Full read: finance.yahoo.com/news/circle-ce…

@johnjdagostino Scared money don’t make no money?

@BrianSozzi You know what they say...you gotta spend money to lose money.

Clearly $$$ well spent by Meta on the metaverse...

Lamborghini just posted its highest revenue in its history:

These airlines are pushing through some major oil price related prices hikes on fliers. Just check out the airlines line below:

Can’t wait for the documentary on this 🤯

Goldman Sachs on stocks: "Equity correction risk remains elevated in the near term, but we continue to think bear market risk remains limited. While geopolitical shocks and their market impact are difficult to time, we think equities have not priced in enough risk premium for the risk of a more lasting shock - based on the disruptions so far our economists have already reflected a worsening growth/inflation mix and raised their recession probability."

Higher gas prices may wipe out higher tax refunds:

USPS wants to raise first-class stamp price to as high as 95 cents cbsn.ws/40AXd5c

🏀Electronic Hot Shot Basketball (1993)

The trade down to Olive Garden from Joey's Pasta House because gas prices are on the rise in full effect. New from parent company Darden:

The spring break of spending restraint: