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cover of episode Prof G Markets: Breaking Down the Google Monopoly Ruling — ft. Rebecca Allensworth

Prof G Markets: Breaking Down the Google Monopoly Ruling — ft. Rebecca Allensworth

2024/8/12
logo of podcast The Prof G Pod with Scott Galloway

The Prof G Pod with Scott Galloway

Chapters

Shopify's Q2 sales and profit beat expectations, with revenue projections for Q3 also exceeding forecasts. This success, fueled by cost-cutting, growth maintenance, and new AI tools, suggests that recession fears may be overblown, given Shopify's broad reach across diverse retail sectors.
  • Shopify's Q2 results and Q3 projections exceeded expectations.
  • Cost-cutting and growth maintenance contributed to profitability.
  • New AI tools for merchants boosted market excitement.
  • Shopify's performance suggests recession fears may be overblown.

Shownotes Transcript

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Scott and Ed open the show by discussing Airbnb, Disney, and Shopify’s latest earnings, as well as X’s lawsuit against advertisers. Then they speak with Professor Rebecca Allensworth, Associate Dean for Research at Vanderbilt University, about the Google antitrust case. She breaks down the ruling, potential remedies for the situation, and what the case means for other big tech companies who are facing similar monopoly accusations. 

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