November’s Monthly Podcast replay is now live in our online community here.
Join our online community here (free) and watch the replay along with all other replays.
The more money companies spend, the more important one question becomes:
Where are the profits?
Our latest research reveals a major problem with the AI boom: reported earnings growth isn’t what it seems.
This extraordinary spending, and lack of profits, has come alongside soaring valuations and increasingly aggressive expectations for future growth.
But spending doesn’t automatically create value.
Our Monthly Live Podcast combined with our Earnings Watch Party kicked off with a look at our latest research on hidden costs, paper profits, and the growing risks in the AI trade.
Then we dove into the latest earnings from five major companies: CSCO, AMAT, NBIS, CRWV, and TTWO.
Here’s an outline of the podcast:
- 00:00 Welcome and Setup
- 01:08 Agenda and Updates
- 03:16 Rankings and Trainings
- 04:29 AI Boom Profit Problem
- 06:28 Hidden Debt Hits Earnings
- 08:41 Unrealized Gains Boost
- 11:53 Valuation Bubble Warning
- 16:14 Earnings Watch Party
- 25:47 Stock Requests and Q&A
- 27:47 Wrap Up and Replay
This month’s podcast originally aired live on November 13, 2026.
This article was originally published on November 13, 2026.
Disclosure: David Trainer and Kyle Guske II receive no compensation to write about any specific stock, style, or theme.
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