This week on Prof G Markets, Scott and Ed open the show with a discussion around why Microsoft and Apple have relinquished their board observer seats at OpenAI. Then Scott breaks down Nike’s fall from dominance, shares some insight from when Nike was a client at L2, and considers if the stock is a buy. Finally, Scott and Ed discuss the state of the UK economy postelection and Ed identifies his largest point of concern with the Labour party’s manifesto.

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Timestamps:
00:00 Today's number
00:20 Today's episode
03:39 Market Vitals/Headlines
19:41 Nike’s Dramatic Downfall
32:25 Britain’s Road to Economic Recovery
42:27 Week Ahead
42:41 Prediction

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Headlines:
Microsoft, Apple Drop OpenAI Board Plans as Scrutiny Grows
https://www.bloomberg.com/news/articl...

CNN cuts jobs as part of digital overhaul
https://www.ft.com/content/8d7501d7e...

Andreessen Horowitz is collecting thousands of AI chips to help secure deals with AI startups
https://www.theinformation.com/articl...

xAI Appears to Confirm Ended Talks With Oracle Over Expanded AI Chips Agreement
https://www.wsj.com/tech/ai/xaiappea...

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