Personable Markets: Fed Cuts Rates, Apple & Oracle Surge, Tiktok Deal, Slowing Labour market (AI?!)

This is the 4th episode of Personable markets in which I aim to speak to a hedgefund manager, VC or Investment Banker every week on real world market events. In this episode I speak to...

Luke Sloman who is a third-year Business and Management student at the University of Exeter, currently spending his year abroad at the University of Sydney. Luke grew up in Tokyo until the age of 13 before moving to the UK for boarding school. His academic interests focus on finance-related modules, which complement his broader studies in Business and Management.

In the episode, Luke reveals:
◽️ Fed's 25 bps cut targets labor market slowdown.
◽️ AI displaces junior jobs but sparks new opportunities.
◽️ Nvidia-Intel $5B deal boosts AI chip production.
◽️ Apple's cult-like ecosystem drives loyalty, not just innovation.
◽️ Oracle’s cloud revenue surges 28% from AI demand.

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⏱ Timestamps
00:00 Intro
00:30 Luke’s Academic Focus and Sydney Experience
00:44 Fed Rate Cuts Overview
01:18 Luke’s Take on 25 bps Reduction
03:00 Equities Boost from Lower Rates
03:32 Market Expectations and Fed-Trump Dynamics
04:08 UK Rate Cuts as US Precedent
05:15 Yield Curve Sensitivity to Inflation Expectations
08:20 H1B Visa Cost Hike to $100k
09:56 Payroll Slowdown: 22,000 Jobs in August
10:30 AI Disrupting Junior-Level Roles
11:15 Historical Tech-Driven Job Creation
12:00 Adapting Skills for AI-Driven Economy
14:35 AI’s Initial Job Displacement Effects
15:20 Ethical AI Use in Schools
16:00 Social Media’s Rise as a Career
17:32 Education’s Shift to AI Integration
19:10 Football’s Professionalization as Historical Parallel
20:00 Critical Thinking in AI-Dominated Future
21:30 Initiative and Human Element in AI Era
24:15 Chinese Restrictions on Nvidia Chips
25:30 Nvidia-Intel $5B AI Collaboration
31:51 Apple’s iPhone Innovation Stagnation
34:00 iPhone 17 Pre-Orders Up 19% in India
39:15 Apple’s Seamless Product Integration
41:00 Oracle’s $877B Market Cap Growth
48:00 US Ownership Push for TikTok Algorithm
49:46 Oracle’s Cloud Demand from AI Players
54:27 Larry Ellison’s Entertainment Empire Expansion
56:00 Quarterly vs. Semi-Annual Earnings Debate
59:27 Crypto Rally and Tariff Escalations
1:01:10 Trump’s Influence on Economic Policy Narratives
1:02:00 Importance of Nuanced Investment Analysis
1:02:42 Outro and Final Takeaways

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📌 Resources
Luke Sloman:
◽️ LinkedIn: https://www.linkedin.com/in/luke-sloman-87a6742a9 

Harvey Bracken-Smith:
◽️ LinkedIn: linkedin.com/in/harveybracken-smith
◽️ Instagram: instagram.com/harveybsmith
◽️ X (Twitter): x.com/harveybsmith_
◽️ Newsletter: https://personable.substack.com/

Personable Podcast:
◽️ Instagram: instagram.com/personable.podcast
◽️ LinkedIn: linkedin.com/company/personablepodcast
◽️ TikTok: tiktok.com/@personableclips
◽️ Spotify: open.spotify.com/show/7JOTYDER6m2FDrlhop4api
◽️ Apple Podcasts: podcasts.apple.com/us/podcast/personable/id1671640111

Additional:
◽️ The Draft (Sign up): thedraft.io
◽️ Fundraising: justgiving.com/crowdfunding/LouLouRacefoiundation?utm_term=PvByaxmdn

Personable is a podcast dedicated to helping listeners become the best they can be by learning from the world’s best in their respective fields. This mission is inspired by my mother, Louise, who encouraged me to become the best version of myself before she passed away from cancer in 2023.

This content is for informational and entertainment purposes only and is not financial advice. Always consult a qualified financial advisor before making investment decisions. Investing involves risks, and past performance is not indicative of future results.