The Trouble With Tariffs + Why Palantir Could Dominate AI — ft. Aswath Damodaran | Prof G Markets

This week on Prof G Markets, Scott and Ed open the show by discussing the potential tariffs on Mexico and Canada, Palantir’s earnings, and Vanguard’s largest fee cut ever. Then Aswath Damodaran, professor of finance at NYU’s Stern School of Business, returns to the show to analyze how DeepSeek’s rise reshapes the AI landscape. He shares why he hasn’t valued Palantir yet but still sees it as a potential AI leader and a prototype for the premium AI market. Aswath also weighs in on whether Tesla and Nvidia are overvalued, offers his views on tariffs, and explains why he thinks Intel has been overly punished. Order Algebra of Wealth now! https://www.amazon.com/Algebra-Wealth-Formula-Financial-Security/dp/0593714024 Timestamps: 00:00 - Ad break 00:32 - Today's number 00:59 - Today's episode 03:12 - Headlines 04:05 - Tariffs news 11:18 - Palantir 15:19 - Vanguard's fee cuts 19:44 - Ad break 21:04 - The Trouble With Tariffs + Why Palantir Could Dominate AI — ft. Aswath Damodaran 21:16 - What’s your reaction to what happened with Deepseek and what does it mean for the rest of the AI market? 23:42 - What was the AI story before and after Deepseek? 25:36 - Which AI story are investors supposed to believe? 30:23 - Is the AI market bifurcating into a “Walmart” and a “Tiffany”? 35:01 - Could Deepseek signal that AI might be more like the airline industry where the winners are the consumers? 39:29 - Ad break 40:30 - Do you think Palantir is overvalued? 42:54 - Is it possible that Wall Street doesn't understand what Palantir does, which is why they’re excited about it? 44:14 - What do you think about Tesla? 46:41 - Do you still think Nvidia is overvalued? 48:29 - What are your thoughts on the tariffs? 51:44 - Which parts of our economy are you most concerned are at risk of breaking? 53:02 - Is America overvalued, and should investors prioritize the U.S. or explore international markets? 57:30 - Are there any fallen angels that you think have been overly punished? 01:02:20 - Ad break 01:03:01 - Credits Subscribe to Prof G Markets on Spotify https://open.spotify.com/show/7syF2ry9j6nqYc656WHBA7?si=78a5eaf1793b466e Follow us on Apple Podcasts https://podcasts.apple.com/us/podcast/prof-g-markets/id1744631325 Want more Prof G? Check out everything we're up to at https://profgmedia.com/ Headlines: Donald Trump pulls US back from brink of trade war with Mexico and Canada https://www.ft.com/content/2596b7a2-a130-4754-ab6d-d4cf65a2e19e Palantir Stock Soars After Earnings Show Robust AI Demand https://www.wsj.com/livecoverage/stock-market-today-dow-sp500-nasdaq-live-020-03-2025/card/palantir-stock-soars-after-earnings-show-robust-ai-demand-v5DYO7VvdQcNxQpgOc4T Vanguard announces fee cuts for nearly 100 funds, including ETFs with billions of dollars in assets https://www.cnbc.com/2025/02/03/vanguard-cuts-fees-for-nearly-100-funds-including-etfs-with-billions-in-assets.html #business #news #tech #financemotivation #stockmarket #profg #scottgalloway #profgmarkets #ai #earnings #stocks #investmentstrategies #investment #investing #tariffs #donaldtrump #trump #palantir #vanguard #deepseek #ai #aimarket #tesla #nvidia