Nvidia’s Record $46.7B Quarter, Trump’s 50% Tariff on India & Can Tax Credits Bring Hollywood Back?

This podcast episode of Prof G Markets, hosted by Ed Elson, covers recent market trends, focusing on Nvidia's earnings and the US doubling tariffs on India. Ed Elson and Gil Luria, Head of Technology Research at DA Davidson, analyze Nvidia's financial performance, the impact of restrictions of chip sales to China, and macro concerns. Later in the episode, Ed Elson and Raymond Vickery, a former member of the Clinton administration, discuss the implications of increased tariffs on India due to its purchase of Russian oil, and its potential impact on the relationship between the two countries. The episode concludes with a discussion on California's tax incentives for Hollywood and the structural challenges facing the industry.