This week on Prof G Markets, Scott discusses the market implications of a surprisingly productive week in Congress, parses the deeper meaning of social media’s mixed earnings season (hint: it’s TikTok), and ponders whether we’ve hit bottom in certain volatile equity sectors. Plus a deep dive on the most potent value creation engine of the era: cloud.
Productive Congress
https://www.cnbc.com/2022/07/28/china-competitiveness-and-chip-bill-passes-house-goes-to-biden.html
https://www.bloomberg.com/news/articles/2022-07-27/what-s-in-the-manchin-schumer-tax-climate-and-energy-agreement?utm_source=google&utm_medium=bd&cmpId=google
Social Media Earnings
https://www.reuters.com/technology/google-parent-alphabet-posts-higher-quarterly-revenue-2022-07-26/
Crypto Floor?
https://www.bloomberg.com/news/articles/2022-07-30/crypto-wallet-maker-ledger-seeks-new-funding-at-higher-valuation#xj4y7vzkg
Cloud
https://www.pcmag.com/how-to/what-is-cloud-computing
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Prof G Markets: Productive Congress, Social Media Earnings, Crypto Floor, and Cloud

Bestselling author, professor and entrepreneur Scott Galloway combines business insight and analysis with provocative life and career advice.
On Mondays, Prof G Markets breaks down what’s moving the capital markets, teaching the basics of financial literacy so you can build economic security.
Wednesdays, during Office Hours, Scott answers your questions about business, career, and life.
Thursdays, Scott has a conversation with a blue-flame thinker in the innovation economy.
And Scott closes the week on Saturdays with his Webby Award–winning newsletter, No Mercy / No Malice, as read by actor and raconteur George Hahn.
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Scott takes a look at Tesla’s new shareholder vote and speaks with Charles Elson, Founding Director of the Weinberg Center for Corporate Governance at the University of Delaware, about the original ruling on Elon’s pay package and whether the superstar CEO will get his way this time around. Then Scott and Ed break down the latest big bank earnings and discuss “Basel III endgame,” a proposal for stricter capital requirements at banks following last year’s banking crisis.
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Prof G Markets: Will Tesla Reward Elon and Move to Texas? + Bank Earnings and Basel Endgame

As read by George Hahn.
https://www.profgalloway.com/war-on-the-young/
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No Mercy / No Malice: War on the Young

Cal Newport, a professor of computer science at Georgetown University and bestselling author, joins Scott to discuss productivity, the importance of work-life balance, and the disruption of AI on work. Learn more about Cal here, and his book, “Slow Productivity: The Lost Art of Accomplishment Without Burnout.”

Scott opens with his thoughts on storytelling. 

Algebra of Happiness: A Dad Hack. 

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Conversation with Cal Newport — The Key to Productivity without Burnout

Scott gives his thoughts on why he thinks nuclear energy is the future. He then speaks about the advertising sector, specifically the shift from the brand era to the supply chain era. He wraps up with book recommendations to a listener looking to fill his summer reading list. 
Music: https://www.davidcuttermusic.com / @dcuttermusic
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Office Hours: Is Nuclear Power the Future?, Is the Brand Era Over?, and What Are Scott’s Reading Recs?

Scott shares his thoughts on the latest financial figures from ByteDance and discusses if he would buy shares on the secondary market. He then takes a look at a platform for trading on event outcomes that just attracted a big market maker. Finally, Scott and Ed discuss one of the largest deals in YouTube history, and what it says about the creator economy.
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Prof G Markets: Productive Congress, Social Media Earnings, Crypto Floor, and Cloud

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