#221: Are We in An AI Bubble?

Anne Marie and Mike break down Google’s $13 billion quarterly AI spend. Can the search king find a way to make its AI investment profitable? The market doesn’t seem to think so.We then bring you an earnings round-up covering LVMH, Dexcom, Chipotle Mexican Grill, and Universal Music Group. Luxury spending is decreasing, Dexcom gets rocked by poor sales, and UMG feuds with TikTok, but Chipotle is growing like gangbusters. Long live big burritos.If you’re looking for international diversification, you’ll find it in Emmet’s latest Horizon pick.To thank our loyal listeners, all MyWallSt products are 20% off with code: STOCKCLUB20Click here to join Horizon.Monthly pricing is now available.Become a successful investor by checking out all the content MyWallSt has to offer:📩 Email us: [email protected]📚 Learn the fundamentals of investing by downloading our free Learn app: https://bit.ly/3DXPOz7💻 Keep updated on stock market news by visiting our blog: https://mywallst.com/blog/🎧 Tune in to our podcast Stock Club to stay updated on weekly news: https://mywallst.com/stock-investment-podcast/🎉 Follow MyWallSt on social:🐦 Twitter: @MyWallStHQ💃 TikTok: @MyWallSt📸 Instagram: @MyWallSt🖥️ Facebook: @MyWallSt👔 LinkedIn: MyWallSt00:00 Intro01:00 LVMH earnings, luxury crisis?14:41 Google and AI Spend26:05 Dexcom Disaster Quarter32:32 Chipotle delivers great earnings39:45 UMG Hosted on Acast. See acast.com/privacy for more information.