Big Tech’s tiny tax bill, Elon v Altman goes to court & Mr Beat-Up’s “big catalyst” stock
4/29/202631 min
Bryce, Ren and Simon unpack how Amazon, Google and Meta are shifting billions offshore while keeping tax bills low in Australia, why the Elon Musk v Sam Altman courtroom battle matters far beyond tech gossip, and whether Mr Beat Up's 65% "catalyst" stock is a buying opportunity or a fair reflection of deeper structural risks.
In this episode:
00:00 Welcome & Special Co-Host
01:06 Big Tech Tax Loopholes
04:25 Musk vs Altman Goes to Court
07:25 Strong US Earnings Q1 Results
11:05 Mr Beat Up is Back
12:11 Stock Breakdown
13:42 Why the Stock Is Down 65%
18:04 Four-Step Stock Checklist Analysis
24:53 FIFA World Cup Catalyst
27:26 Final Investment Verdict
Stocks & ETFs mentioned: Amazon (NASDAQ: AMZN), Alphabet (NASDAQ: GOOGL), Meta Platforms (NASDAQ: META), Microsoft (NASDAQ: MSFT), Apple (NASDAQ: AAPL), Spotify (NYSE: SPOT), Eli Lilly (NYSE: LLY), TransMedics Group (NASDAQ: TMDX), Axon Enterprise (NASDAQ: AXON), Coinbase Global (NASDAQ: COIN), Flutter Entertainment (NYSE: FLUT)
*This episode contains a discussion about gambling. If you or someone you know is experiencing harm from gambling, free and confidential support is available 24/7.
Contact the National Gambling Helpline at gamblinghelponline.org.au or call 1800 858 858
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Clips
Transcript preview
First 90 secondsAlec Renehan· Host0:00
[gentle music] Everything you're about to hear is for education and entertainment purposes only. Whilst we are licensed, we're not aware of your personal financial circumstances. Any advice is general advice. Equity Mates operates under Australian Financial Services License 540697.
Speaker 20:15
[upbeat music] The Devil Wears Prada 2 is the perfect sequel that has audiences talking.
Simon· Host0:52
She knows.
Speaker 20:52
How did you blab? It exceeds all expectations. I always knew that you would end up doing something great. See the movie that's fun, fierce, and well worth the wait. This is what Runway does best. And now the devil is back in all her glory. My boss is badder than your boss. Don't miss the iconic movie event now playing only in theaters. That's all. The Devil Wears Prada 2, rated PG-13, may be inappropriate for children under 13. Now playing everywhere.
Bryce Leske· Host1:17
[gentle music] Big tech is dodging billions here in Australia. Musk and Altman are finally in court, and Mr. Beat Up is back with a stock that is down 65% in eight months.