Solace for quantum investors as long weekend awaits

About this episode

The episode discusses the impact of public investments in quantum computing stocks and the performance of AI and SaaS stocks ahead of a long weekend for US markets.

Today, a look at quantum computing stocks getting a big bump on public investments in the space in the US. Elsewhere, it remains all about AI stocks pumping higher, while one notable software-as-a-service (Saas) name was the S&P 500 index's worst performer yesterday. Interesting earnings reports are up next week on both the chip and the SaaS front. Also, some more macro and FX observations and concerns that we are none the wiser on the Iran War ahead of a long weekend for US markets. Today's pod is hosted by Saxo Global Head of Macro Strategy John J. Hardy. Links Blonde Money is worth a follow, particularly recently on the UK political situation. Passive investing might blow up the stock market once it has become too dominant, at least according to models. The discussion is rambling, but some great nuggets in there. The valuation maestro Aswath Damodaran puts together the case for a SpaceX valuation of USD 1.2 trillion. Nasdaq bending over backwards to secure the SpaceX listing will guarantee enormous passive allocations to the company very early on, whatever its general level of financial success. Peter Garnry of Gesda Capital has his own assessment of SpaceX after the drop…

People in this episode

Host: John J. Hardy

Topics covered

• quantum computing
• AI stocks
• SaaS performance
• earnings reports
• macro observations
• FX concerns

Keywords

• quantum computing
• AI stocks
• SaaS
• earnings reports
• macro strategy
• FX
• Iran War

Mentioned in this episode

Organizations: Saxo, Blonde Money, SpaceX, Odd Lots

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