Perplexity’s Fourth Funding Round + Lessons From Boeing in Long-Term Thinking | Prof G Markets

This week on Prof G Markets, Scott and Ed open the show by discussing the decline in existing home sales, Tesla’s earnings, the McDonald’s E. coli outbreak, and Shein’s deceleration in growth in the first half of the year. Then Scott explains down why he thinks, despite the disappointing earnings, Boeing could be a buy. He and Ed also discuss why the pension plan is the biggest sticking point in negotiations for the striking workers. Finally, they break down Perplexity’s latest funding round and Ed explains why he’s not so bullish on the company.

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Timestamps:
00:00 - Today's number
00:26 - Today's episode
02:35 - Market Vitals/Headlines
21:09 - Ad Break
23:30 - Lessons From Boeing in Long-Term Thinking
36:01 - Break
36:13 - Perplexity’s Fourth Funding Round
42:54 - Week Ahead
43:12 - Prediction

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Headlines:
Home Sales on Track for Worst Year Since 1995
https://www.wsj.com/economy/housing/h...

Tesla Soars to Best Day in 11 Years After a Blowout Quarter
https://www.bloomberg.com/news/articl...

McDonald’s shares fall after CDC says E. coli outbreak linked to Quarter Pounders
https://www.cnbc.com/2024/10/22/mcdon...

Shein’s Rocky Financial Performance Complicates IPO Plan
https://www.theinformation.com/articl...

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