On AI’s Revenues, Gold’s Outlook & Blockbuster Earnings

Can investors really expect that today’s ravenous demand for AI will keep growing at the clip providers expect over the coming years? AI bears say no, but Ed and Melissa disagree. Her back-of-the-napkin reality check found that Anthropic’s firm’s $150 billion 2030 revenue forecast looks doable. … Also: Ed and William discuss the outlook for gold in the wake of its price drop. If support holds at $4,000 an ounce, they could see a rebound to $5,000 by year-end without any weakness in the dollar. … And: Joe’s data show that analysts’ earnings estimates for S&P 500 companies have shot up over the course of last quarter, which is highly unusual.