Prof G Markets
The GOP Tax Bill, United Health’s Terrible Week, & Chinese Tech Earnings
Mon, 19 May 2025
Scott and Ed discuss why United Health’s stock hit a five year low, Warner Bros. Discovery's latest move to rebrand Max, and Airbnb’s foray into offering bookable services for travelers. They then break down earnings from Alibaba and Tencent, highlighting how the results signal the growing momentum of AI in China — and why they're feeling bullish on the country's tech sector. Finally, they dissect the GOP’s proposed tax bill, explaining how it overwhelmingly favors the wealthiest Americans and threatens to accelerate wealth concentration across the country. Subscribe to the Prof G Markets newsletter Order "The Algebra of Wealth," out now Subscribe to No Mercy / No Malice Follow the podcast across socials @profgpod: Instagram Threads X Reddit Follow Scott on InstagramFollow Ed on Instagram and X Learn more about your ad choices. Visit podcastchoices.com/adchoices
How does the GOP tax bill affect wealth concentration?
What's up, y'all? It's Kenny Beecham. We are currently watching the best playoff basketball since I can't even remember when. This is what we've been waiting for all season long. And on my show, Small Ball, I'll be breaking down the series matchups, major performances, in-game coaching decisions, and game strategy, and so much more for the most exciting time of the NBA calendar.
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Today's number one. This week is the one-year anniversary of the Prof G Market's feed. Speaking of babies, Ed, when someone hands me their baby, you know what I say? What do you say? Sorry, I'm a vegetarian.
Weird joke, and we weren't speaking about baby, or I guess one year anniversary. I put it together.
Ed, what sexual position guarantees the ugliest baby? What? Ask your father. Ask your father, Ed. Ask your father.
That's good. How are you, Ed? Happy anniversary. I like that. Yeah, happy anniversary. What kind of emotions does this bring up for you? We've been doing this for a year now. At least we've been doing this dedicated podcast for a year.
It's just exceptionally rewarding to watch your growth and the growth of the team. Oh, I'm so used to virtue signaling. I can't even, I can't even like, I'm so used to being full of shit. By the way, the FT is doing a, the FT is no joke doing a profile. Let's get back to me. The FT is doing a profile on me. The FT really likes us. They let me write an article for them a few weeks ago.
Did they really? Oh, and by the way, so anyway, back to me. Who the fuck cares about you? Stop acting like me and turning it back to you.
Something came over me. I don't know what happened.
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