Welcome Team Nash. This video will start with what Biden just did. Specifically the $10,000 in student debt forgiveness for borrowers making under $125,000 per year. Next we will move on to Nvidia who slumped almost 5% in extended-hours trading yesterday after a weak guidance for the third-quarter, and after that we will talk about the one company that every Palantir investor is envious of, which Snowflake, and the amazing quarter it just had.
00:00 Intro
00:36 Biden's $10,000 Student Loan Forgiveness
04:44 What's Going on With NVIDIA
07:32 Snowflake's Impressive Quarter
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DISCLAIMER: All of Tom's strategies, and news coverage are based on his own opinions alone and are only done for entertainment purposes. If you are watching Tom's videos, please don't take any of this content as guidance for buying or selling any type of investment or security. Tom Nash is not a financial advisor and anything said on this YouTube channel should not be seen as financial advice. Tom is merely sharing his own personal opinion. Your own results in the stock market or with any type of investment may not be typical and may vary from person to person. Please keep in mind that there are a lot of risks associated with investing in the stock market so do your own research and due diligence before making any investment decisions.
00:00 Intro
00:36 Biden's $10,000 Student Loan Forgiveness
04:44 What's Going on With NVIDIA
07:32 Snowflake's Impressive Quarter
*Disclosure: I only recommend products I would use myself and all opinions expressed here are our own. This post may contain affiliate links that at no additional cost to you, I may earn a small commission.
Improve your investment strategy by getting access to institutional-grade research tools and data from TipRanks. Get a 10% discount for TipRanks by using this link below:
https://bit.ly/3BJA7KJ
If you are a creator on YouTube like me, get access to TubeBuddy, the best research and channel management tool around. I use it everyday for my own channel. Here is a 20% coupon code for the platform: "TOMSBUDDY" - use this link to sign up: https://www.tubebuddy.com/TomNashTV
Sign up for Morning Brew, the best quick news source for your morning routine: https://morningbrewdaily.com/tomnash
👏👏 Big shout out to our growing list of Patreons. For those of you want (and can) support our channel, here is how you can help: https://www.patreon.com/user?u=13016082
DISCLAIMER: All of Tom's strategies, and news coverage are based on his own opinions alone and are only done for entertainment purposes. If you are watching Tom's videos, please don't take any of this content as guidance for buying or selling any type of investment or security. Tom Nash is not a financial advisor and anything said on this YouTube channel should not be seen as financial advice. Tom is merely sharing his own personal opinion. Your own results in the stock market or with any type of investment may not be typical and may vary from person to person. Please keep in mind that there are a lot of risks associated with investing in the stock market so do your own research and due diligence before making any investment decisions.
wow i didnt think anyone else caught on to NVDA's BS, they fucked up by over producing products and now theyre selling it at 60% off lol
SOFI is looking attractive .
Hi Tom,
Youve cost me 10's of thousands of dollars following your horrible finance advice and i know what you have said, you gotta be stupid to follow financial advice off someone on youtube and that we can agree on.
Repubs that are so vocal against this were pretty quiet when their PPP loans were forgiven in some cases millions of dollars each
NVDA total trainwreck earnings and it moons the day after. Makes perfect sense.
PALANTIR TO THE MOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOON!!!!!!!!!!!!!!!!!!
With this video you convinced me to stop watching you, your political criticism is annoying
Tom, I was a radio news broadcaster for the first 9 years of my career. I gotta say, you're really hitting your stride with your presentation and communication skills. Great blend of energy, excitement, and information. It's been a blast watching you improve over the last 2 years or so.
Don't fight the Fed my good friends… Dont fight the Fed.
Phoenix, AZ Housing Prices Crater 13% YOY As Arizona Sellers Capitulate And Demand Collapses
So much for NVDA dropping. Why tf would anyone have bought this one today?
Many voters use emotion to guide their choices; many will “feel” like Biden kept a campaign promise.
This will gain votes in the mid terms easily.
Wait, tell me again to sell APE shares – fucker
I don’t get it. Am I the moonlighting taxi driver because I’m invested in PLTR?.. well that sucks
Government paying for college debt=more government stupidity.
It would really help me if the government paid my house and credit card off.
Hey government – take the money you are going to pay off college debt with and start a fund to offer free college tuition to serious students.
It’s gonna bail me out lmao. This would clear all my debt 🤣
I remember 6 months ago commenting about how good snowflake is as a data scientist and was laughed at by people with zero understanding about anything. I sometimes wonder what makes people so confident in things they have no distant relationship with. Human psychology is beyond me
Let's dump 300million on the already overheated economy, that'll work.
Slowing growth, larger losses, and increasing SBC all for 30x sales. Have fun with that
Who is this foreigner making video about America ? This dude don’t know what he’s taking about ? Millennials will vote for biden cause he’s doing something unlike you money grabbing right wingers
Tom Nash is the new Jim Cramer lol
Nvidia dropping?…..nooooooo
Two 18 YOs start their professional career, one starts a business, the other starts his professional classes for a business degree. The Business starter gets to write off all costs associated with his business: Education, Truck, Computer, Books, Conferences, accounting etc. The Business degree student is not allowed to write off ZERO, yet both are investing in their career livelihoods. That's not a balanced tax system at all when one type of business is allowed, and another is not. I started my small business after 30 years of Corporate work and was blown away at the legitimate write offs and benefits that W2's are simply not afforded.
While Biden isn’t my favorite president by any means, he just wiped out the remaining student debt for most of the people I know
I think the saying you were reaching for was "What is a camel? It's a horse designed by a committee"
Student debt is owed by students NOT the public. Any politician who voted for paying that $300B should be recalled. The debtor must be held accountable.
I think the colleges and universities should pay for some of this. They really profiteered once the loans is really started to flow
Respect I disagreed here. I think that this will be a big boost for not from the reasons you think. I think the most important part of this thing is not the $10,000 but the pause to student loans. It allows the market to rally and allows investors, retail investors to keep participating. The other massive help is going to be the change to a 5% of your adjusted gross as a maximum on college debt. Over the long term I agree that it will mean less money for the government But that money was never going to be paid back in its entirety anyway because of the discharge programs after a certain amount of time. So what he’s actually doing I think is quite smart. If the midterms don’t work out then they can restart the payments the economy crashes and can hand it off to a Republican Congress to fix. I think it also helps from a PPP loan perspective because everyone saw companies getting bailed out during Covid and that money is not going to be paid back so big Democrats have a win saying they at least are trying to help real people and not corporations. The setting up the classic Republicans are for corporations Democrats are for the people argument