Prof G Markets
Prof G Markets
Vox Media Podcast Network
How Leverage Turned An AI Boom Into A Crash
1 hour 20 minutes Posted Aug 3, 2026 at 8:15 am.
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Show notes
Scott Galloway and Ed Elson break down how single-stock leveraged ETFs caused volatility in the South Korean stock market and discuss how leverage can be damaging for investors. Then, they unpack earnings from Microsoft, Meta, Apple, and Amazon, explaining why investors rewarded Microsoft and Amazon while punishing Meta and Apple. They discuss how the AI boom is making it increasingly difficult to value Big Tech. 
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