0:00 Intro

1:54 Trump’s tariff threats + challenges

9:34 How Tim Cook managed Trump’s first term

13:37 Have markets peaked?

15:29 Google’s challenges from antitrust and AI

26:25 Alimentation Couche-Tard’s earnings + update on 7 Eleven

35:02 Copart earnings and long-term drivers

42:34 Why does Copart have so much cash?

This week, Barry and Ernest cover the Tariff concerns in depth. They review the risks to the Canadian and U.S. economies and discuss the types of companies that could be hurt the most. Next, they discuss the proposed remedies by the DOJ in its anti-trust lawsuit against Google. Moving on, Barry and Ernest provide an update on Couche-Tard’s bid for 7 Eleven and a review of its recent earnings release. The feature discussion is on the risks and opportunities for Copart.