This Could Become the Biggest Bull Market in Years

**Kyle Reidhead** (0:00)
One of the reasons why the market keeps getting this wrong is because analysts continue to get the whole CapEx trade wrong.

**SPEAKER_2** (0:06)
What's up, everybody? It's LGDU Set here, and welcome to Milk Road AI, the daily AI show that should have put in that bid for SpaceX, but just didn't believe in Elon enough, even though he's done it for like three companies now. Today is August 5th, 2026, recording on the 4th. Let me ask you something. Which hyperscaler are you betting on for the next few years? Are you picking just one or rotating between them as their stocks bounce following big events like earnings? This is our Wednesday roll up episode, where I sit down with our three leading AI analysts, Melvin, Vincent and Kyle. And on today's show, we get everyone's emotional reaction to the market's massive implosion and then rebound this week. And also dive into SpaceX and what it would take for them to actually start buying the stock. Plus we look at which hyperscaler might be the best to bet on and whether all of AI is just the same trade. This is more of a portfolio strategy episode. And finally, the boys give us the stocks they're picking this month as it's payday in Milk Road PRO, which means each analyst gets an extra $500 added to their portfolio and you can see what they're buying this month for just a dollar at the link below. A reminder today that our podcast is free and it wouldn't be possible without our partners at Securitize, the regulated Rails for Tokenization and Bitget Stocks 2 with real liquidity, real dividends. Keep an ear out later in the show for a message from both of them. All right, guys, we're back. And before we go further, we are in the presence of a celebrity today.
Melvin? Somebody who just, no, not Melvin, not even Vincent. Somebody who was just on Fox Business News or whatever it is, Fox Business yesterday. Kyle Reidhead is gracing us with his presence today after being viewed by millions and millions of Americans yesterday to discuss the everything bull market. Welcome, Kyle, to our show. Thank you for coming on.

**Kyle Reidhead** (1:46)
Glad to be back. I'm here all the time. What are we talking about?

**SPEAKER_2** (1:50)
Thanks for making time for the peasants now that you're here to star. But dude, let's kick up with that though, Kyle. How was your appearance on Fox Business?

**Kyle Reidhead** (1:58)
Yeah, it was fun. They're fans of Milk Road. They love our research. They love our analysis. Charles Hain, who's the host there, runs the show. He actually reached out and was like, hey, I love what you guys are doing.
Yeah, he reached out. Anyway, went on and talked about the everything bull market, which I think you guys listening to this probably already know.
But over the last week, we had the ISM come out earlier this week, which is absolutely crushing. It was like 56.2 or 0.5 or something. The economy is expanding. Earnings have just been absolute record earnings for all of Q2 so far. We're at higher earnings than we've been in like 25 years. The economy is absolutely booming. Then at the same time, we've got, in my opinion, inflation going lower. It was a little blip because of the war, which who knows, may or may end. I feel like I say this every single week, but looks like it's ending this day. I'm sure it'll be different next week. But anyway, oil is back down to 75 or even lower.
And so at this point, and then AI adoption is accelerating. And so I think the AI infrastructure stocks that got sold off last week, I'm sure we'll talk about that. We were all calling for the last two weeks that they're going to rip back. So like buy, buy, buy. And now the application layer I think is taking off too, because everyone's seeing how good the earnings are. If anyone saw Palantir's earnings from yesterday, holy shit, it was unbelievable. So we literally are going into what I call the everything bull market where everything around AI, whether you're integrating it or you're building it, is just absolutely booming. I don't think that's going to stop anytime soon.

**SPEAKER_2** (3:23)
Just a reminder, our last couple of episodes of this roll-up edition were called, I think even the headline thumbnail on YouTube was By The Dip and The Next Leg. Looks like you guys have been right so far. Vincent, how are you feeling today about the market now that you're in the presence of a mega celebrity?

**Vincent** (3:39)
Yeah, I'm a bit nervous now.