Trading the Markets: May 28, 2026

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2:05Kris Bullock:Happy Wednesday, everyone. Welcome back to Trading the Markets with AI. I'm Bijan Malecki, of course, joined by Chris Bullock, a.k.a. BlastoPlast. And today we've got quite a show for you guys. Open AI's IPO, we're going to be talking about that. Anthropic is literally printing money, which we will discuss. Are all the rules with AI out the window? We'll talk about that as well. And we'll dig into Chris's basket of AI stocks that are performing quite well. Chris, happy Wednesday. How are you?

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3:39Bijan Maleki:Doing good. Doing good. Happy to be here.

3:42Kris Bullock:Yeah, no, we got some store. I mean, as is the case every week with AI, something new is always popping up. So why don't we dive right into it on what's on your radar in the headlines and what's got your attention?

3:57Bijan Maleki:So yeah, the first thing I want to talk about, we touched on it a fair bit last week was all the announcements coming out of Google from the Google I.O. conference. There was a few details that either have been refined or that we overlooked last week, but this one was really cool that I want to talk about. And the fact that Google has dropped their pricing for their ultra tier, their premier subscription service from$250 a month down to$100 a month. So that's a 60 % price cut. And not only that, but it includes five times higher usage limits than before, 20 terabytes of data storage. You also get YouTube premium included with this and beta access to Gemini Spark and a few other things like that.

4:41Bijan Maleki:But basically, they've removed daily prompt limits entirely on this tier, which I think is like, yeah, that's a very compelling offer. Because I mean, when you think about that compared to something like even like Claude, you know, like for Claude Opus, yes, they have a$20 tier. They have$100 tier and a$200 tier. But like, it's pretty easy to max out that$100 tier like several times a day if you're busy coding something or something like that. So to be able to pay half of that and, you know, have unlimited daily prompts, you know, I think is, again, a very compelling offer. So, you know, Google is quietly positioning themselves to be one of the, if not the leader in this space, you know, and yeah, I think it's really cool.

5:29Kris Bullock:So, yeah, I mean, first of all, just adding you for a hundred dollars a month to bundle their highest tier AI service and then adding YouTube premium on top of that is like is a deal and a half unto itself. So like that has my attention right away.

5:43Bijan Maleki:Yeah. And 20 terabytes of storage is nothing to sneeze at. That's that's a lot of space. I mean, I could back up every device in my house and still, you know, that'd be just a drop in the bucket with that, you know. So that's, you know, that's significant. And I'm leaning towards, you know, right now.

6:02Kris Bullock:So I mean, you might have to just just to try it out, at least. Right. I mean, Google Vio, I mean, or Gemini, right, has gotten an increase in in output. So you might want to play around with like video creation and stuff with the A.I. um and and like it makes sense that google would be like one of the top players in this race because i mean think about how much data they have from their just from being google for the last 20 years right i mean they just they have the premier search engine on the web so i think just from that alone they have so much data and then also like everybody almost everybody uses google suite products so just the amount of integration that their ai is going to have with that is just like it makes sense, right?

6:45Bijan Maleki:Yeah, yeah. And another thing that they're launching too, that we didn't really talk about is this new agent capability that's basically going to, you just integrate it and it talks to all of your Google suite products, your YouTube, your Gmail, your drive, your calendar, your everything. And it can just kind of organize your life. And it's very much tailored towards end users, consumers, and not so much enterprise users. And so they're going to, I think, make further inroads with that, you know, once people start using it and it's cloud-based too, not like locally. So like, as opposed to something like OpenClaw or, or Claude Cowork that runs locally on your computer and can only access your local files, this is cloud-based.

7:23Bijan Maleki:So it can run anywhere off of all of your Google products that are cloud-based as well. So some people will be into that. Other people will be like, yeah, I don't know. I don't know if I want that all up in my business like that. And I get that, but I think that there's definitely going to be a market for it. And some of the conveniences that it provides based on it being cloud-based, I think also are compelling too. So yeah, I think Google's on a roll right now.

7:49Kris Bullock:I mean, I've heard that argument ago quite a bit, like, oh, I don't want it to be a privacy. I'm concerned about privacy. I don't want it to be all up in my business. Guys, it's already all up in your business, whether you like it or not, or whether you know about it or not, it definitely

8:02Bijan Maleki:is and of course you can have it like by default it prompts you anytime it's going to make any changes edits deletions anything like that so you have the ability to control it and override that and and things like that so it's not just going to come in and accidentally delete all your appointments or contacts or whatever you know yeah i think that's good practice in general

8:25Kris Bullock:especially like as people start playing around with agents more make sure you set that as a rule like from the beginning, before you do anything that's going to change anything, confirm, let me know what you're going to do and get my confirmation first. That's how I have my setup with open clause. So it doesn't do anything without my approval beforehand.

8:44Bijan Maleki:Yeah, absolutely. Do not give it just blanket wholesale read, write access to all of your stuff or you, it'll be like we talked about, you know, a few weeks back how that guy deleted his whole database, you know, basically because of, because of access to agents, you know? So don't be one of those people.

9:01Kris Bullock:Don't be that guy. Speaking of agents and just like things going crazy right now, what do you want to talk about first? That OpenAI IPO or should we talk about Anthropics like insane money printer?

9:17Bijan Maleki:Yeah, let's talk about the IPO because we actually touched on that last week too. We were like, I remember when the court, when the hearing with Elon Musk resolved, we were both like, yeah, that means they're probably going to launch, you know, do an IPO here. And sure enough, by Friday, I think of last week, they had announced that an IPO was forthcoming. So, yeah, both OpenAI and SpaceX have filed for IPOs in the near future. And it's funny, we're like, why do they, why? Like, they've generated all this money privately. like why do these companies even need to go public anymore? They can generate billions and billions of dollars just privately with these, these private raises.

9:55Bijan Maleki:And the bottom line is they, they need more money. They need even more money than that. You know, they need actually access to public capital markets to, to exponentially increase their, their money. So, so yeah. There you have it.

10:14Kris Bullock:Yeah. I wonder if Elon is, you know, because Elon's petty, right? So I wonder if he's like strategically planning to drop the SpaceX IPO, like on the same day that, you know, OpenAI dropped. Like I could totally see him doing that.

10:28Bijan Maleki:I think maybe they did. I need to double check here, but yeah. Yeah, yeah. I mean, yes. Not surprising. Yeah.

10:43Kris Bullock:So a quick break in your regular programming. If you're serious about your future, grab my free report called Prepare for 2030. I think you've got five years to make as much money as possible. And this guide will help you navigate what's coming. The link is in the description. Download it now. And then, Chris, what do you think about these? Well, real quickly, though, what do you think about these IPOs? Because it's like it's just everyone's everyone's doing it now, right? Well, just well, the big three, SpaceX, OpenAI and Anthropic are all releasing IPOs. kind of around the same time, all like very similar.

11:19Kris Bullock:Well, in the case of Manthropic and OpenAI, it's the same exact sector. Case of SpaceX, very adjacent. What's your take on that type of, I guess, liquidity event going on in the market?

11:37Bijan Maleki:It's personally not something I want to touch. You know, I think I'll sit back and just watch it and wait for the dust to settle. I can't help but think that a lot of retail is just going to jump in and buy these. And I don't know that that's the smartest move. I think we've seen that with crypto launches over the last few years in particular. They come out of the gate at these really high valuations, at least for crypto anyway. They'll launch with a multi-billion dollar valuation on day one. And they all just crater basically because they're just so overvalued. And you have to remember, too, all of these, we know already that they've had huge raises getting up to this point.

12:21Bijan Maleki:And so there's tons of people that have already invested pre-IPO. And these stocks are going to launch at a given price that's already going to be multiples higher than what a lot of these early investors got in at. and sure some of them there will be investing schedules i'm sure for some of them but like profits will be taken you know in in in any way that they can be and so um you know you got to watch out for that and i personally just i wouldn't go anywhere near that right away i would i would wait i would i think that you know let the market establish what the value of these assets are um it's probably not going to be what it launches at on day one and uh yeah it's just not something that I want anything to do with.

13:03Bijan Maleki:I know you were joking offline. As soon as these launches, that means the top is in. And maybe there's some truth to that in terms of a local top, because yeah, sure, it is going to kind of suck the wind out of the sales of a lot of the other market, a lot of the other assets in the sector for sure. And I think that that's worth considering. Certainly, I don't think that the top is in. I think we are in a larger secular trend. But yeah, I think it will be a volatility event for sure. And it's like I say, it's just not something that I really want to be that involved in, honestly. I just as soon watch it from the sidelines.

13:40Kris Bullock:Yeah, I just can't help but feel that retail, at least in the short term, I just can't help but feel that when this IPO hits, retail is going to be buying the literal top as the pre-sale investors or pre-IPO investors are literally dumping on them as that goes. I've seen it too many times in crypto and just like the ICOs and stuff like that to just like feel like this is not the same thing because they're literally like um they're rolling out the red carpet to retail for this and this is like i feel like the fix is in here but that's just my tinfoil cap uh you know we'll see how it actually plays out

14:18Bijan Maleki:i i i largely agree with that i think i think you're spot on and i like i said i'm just gonna i'm just gonna sit back and sort of watch the carnage and uh and and also like they're they're valued so high to begin with. I'm doing great with all my picks that we'll talk about later. So I don't necessarily feel like I need to get in on open AI or SpaceX or Anthropic even right out of the gate to sort of bolster my AI investment portfolio. I think that they're not going to, because of the huge valuations that they're at, they're not going to move. They're not going to come out and do a 5X or a 10X like some of these smaller, small cap and mid cap semiconductor companies are and chemical companies are and stuff like that.

15:02Bijan Maleki:Those are where the real gains are. You're not going to get these big, massive gains with the likes of OpenAI and SpaceX that open at whatever,$100 billion or whatever it even is. Yeah. Yeah.

15:19Kris Bullock:Let's talk about Anthropic.

15:21Bijan Maleki:Yeah. Anthropic's crushing it, basically. So they reported$10.9 billion in revenue for Q2 with their first ever quarterly operating profit of$559 million, which doesn't sound like much. But, you know, there's a huge overhead, obviously. But, yeah,$10.9 billion, which is up, I think, over 60 % from last quarter. And in case you're wondering, that equates to about$121 million a day in revenue. I can't even wrap my head around that. That's a day. Like a small country every day.

16:04Like, what? Yeah.

16:07Kris Bullock:I mean, listen, I recently heard a podcast with Sam Altman. I believe it was actually on Late Night with Theo, or last weekend with Theo Vaughn, of all places. And he was actually talking about how he envisions a world where people are using AI like they use utilities like electricity, and they're just buying it on a meter from them as just as they would pay for electric and water.

16:32Bijan Maleki:Right, right.

16:34Kris Bullock:So these money printers are like, I feel like 121 million is kind of like, it's not even the floor of what it will be.

16:43Bijan Maleki:No, I agree. I agree. It's nice to see them profitable too, finally, after so long of not being profitable. But to generate that much money and still be profitable, I think is good. I do wonder about things like model efficiency and stuff like that, because somebody is going to come along and come out with a model that's incredibly that much more efficient, and it's going to just raise profits sky high for whoever does it. And that's going to be interesting to see. But it might also lower revenue. So yeah, there's a lot of X factors, I feel like, with all of this. I don't know that just because they're profitable now, it means they're going to be profitable going forward.