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Chiefs vs Eagles

Inauguration

• Carrie Underwood! A cappella
• Elon on planting Flag on Mars: Mark at 1:30
• Tech heavy weights in attendance per WSJ.
• Exec orders: my favorite: Everything will be revealed," Trump said while signing. 
  • Give the pen to RFK Jr.
  • What about Epstein and Diddy?!?!

Markets

• Markets Up 3% YTD. That’s great 30 days in.
• NVIDIA down 17% on pressure the Chinese AI company DeepSeek.

Congressional Trading:

• Insider trading by Congress from AOC Play at 0:15 min.
• Here are the top political traders of 2024. 
• 25 congressmen beat the markets. 6 people at or over 100%.

Netflix

• Huge flywheel of momentum!
• Stock close to $1000!!
• Bernstein hikes to $1200. Rosenblaut $1500
• Absolute RECORD number of subs!! 19m subs…biggest quarter EVER! 301m members
• More subs in US now than Cable. 80-90m vs 70m.
• Investor Letter
• Big hits: Squid Game, Carry-on. And live: Jake Paul & Tyson and NFL.
• 2025: Stranger Things, Wednesday, Squid Game…  Happy Gilmore 2 ?!! More sports.
• Spending more on content $16b+ than Market cap of paramount ($7.3b and WB $25b)
• From WSJ

Ads:

• From Greg Peters
• Q4 was 55% signups with ads. Barely monetized!!
• Engagement is healthy with ads.
• Goal is to make offering better for advertising.
• Doubled ads revenue in 2024. Expect to double again in 2025!
• Using own ad server and tech stack!
  • Enhanced targeting. Better measurement. Better relevance to users and advertisers.

DOGE

• Shouldn’t be bi-partisan.
• Argentina is now in a budget surplus! Eliminated 100’s of regulations.
• Jaime Dimon on Doge
• Trump signed an Executive Order directing all federal employees to return to full time in person work.
  • 6% of federal workers go to office?
  • A report from the Government Accountability Office (GAO) found that during early 2023, 17 out of 24 federal agency headquarters buildings in Washington, D.C., were operating at 25% capacity or less.
• DOGE $784 MILLION in taxpayer dollars for a new U.S. embassy in South Sudan, initiated in 2023. This is not a reasonable expenditure.

Project Stargate

Project Stargate is a $500 billion investment aimed at building AI infrastructure across the United States.

Oracle CEO, Larry Ellison on Cancer detection