Weekly Recap: Novo Crashes $50B, Palantir's AI Monopoly, Dow Hits 50K & Musk's $1.25T Space Bet cover art

Weekly Recap: Novo Crashes $50B, Palantir's AI Monopoly, Dow Hits 50K & Musk's $1.25T Space Bet

Weekly Recap: Novo Crashes $50B, Palantir's AI Monopoly, Dow Hits 50K & Musk's $1.25T Space Bet

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$50 BILLION dollars wiped out in a single day. A CEO who carries a SWORD told Wall Street his company has ZERO competition. Bitcoin CRASHED 15% in 72 hours. The Dow crossed 50,000 for the FIRST time in history. And Elon Musk announced he's putting AI data centers IN ORBIT around the Earth.This is the Money Men Sunday Recap for February 2nd through 8th, 2026 — the week markets absolutely lost their minds.Today's Show:Novo Nordisk Collapse: The obesity drug king watched $50B vanish in hours. Their new CEO said "it gets worse from here." Trump's 85% price cuts, Eli Lilly's superior drugs, and compounding pharmacy knockoffs are squeezing them from three directions.Palantir's AI Empire: CEO Alex Karp — philosophy PhD, Qi Gong practitioner, sword-carrier — delivered 70% revenue growth and declared "we are N of one." Is that arrogance or the only AI company actually making money?Cathie Wood's $1.2M Bitcoin Call: She's predicting a "Goldilocks economy," Tesla at $2,600, and Bitcoin at $1.2 million. But her fund crashed 75% and Zoom never hit $1,500. True believer or broken clock?Musk's $1.25 Trillion Moonshot: SpaceX just absorbed xAI to build orbital data centers powered by the sun. A million satellites. Unlimited energy. June IPO. Genius or SolarCity 2.0?Other News:Dow 50,000: Historic milestone — first time ever. Trump celebrated. Markets snapped a 3-week losing streak.Bitcoin's Wild Ride: $71K → $60K → $70K in 72 hours. If you're trading it, weeks like this will wreck you.The SaaSpocalypse: Anthropic's Claude Cowork announcement wiped $285B from software stocks. Salesforce, Adobe, DocuSign — down 6-8%. AI is eating SaaS.Key Numbers:Novo Nordisk crash: -18% ($50B) in one dayWegovy price cut: $1,000/month → $149/month (85% reduction)Palantir Q4: $1.41B revenue, 70% YoY growth, 57% marginsSpaceX + xAI: $1.25 trillion combined valuationDow milestone: 50,000 pointsBitcoin swing: 15% drop and recovery in 72 hoursSaaS wipeout: $285 billion erasedBuffett's cash pile: $381 billion (he can't find anything worth buying)Sources Referenced:CNBC: Novo Nordisk Stock Crashes on 2026 GuidanceReuters: Novo Nordisk Issues Bleak 2026 ForecastCNBC: Palantir Q4 2025 Earnings ReportPalantir IR: US Navy $448M PartnershipCNBC: Cathie Wood on 2026 OutlookARK Big Ideas 2026 ReportCNBC: SpaceX acquiring xAI ahead of IPOTechCrunch: SpaceX acquires xAIElectrek: SpaceX bails out xAI (bear case)What To Watch Next Week:Earnings: Disney (streaming struggles?), Salesforce (AI threat acknowledged?), Uber/Lyft (gig economy health)CPI Report: Hot inflation kills rate cut hopes. This number moves markets.Novo Nordisk: Analyst downgrades incoming? Is this the bottom or just the beginning?SaaS Stocks: Friday's bounce — relief rally or dead cat?Follow Money Men:→ Website: moneymen.fm→ X/Twitter: @moneymenpodTools We Use:→ TradingView: Get TradingView (Charts & analysis - affiliate link) (00:00) - Intro: The Week Markets Went Insane(02:00) - Novo Nordisk: The Fall of the Obesity King(06:30) - Palantir: The Sword-Carrying Philosopher's AI Empire(10:00) - Cathie Wood's $1.2M Bitcoin Prediction(14:00) - Elon Musk: AI in Space(17:30) - Bonus: Dow 50K Milestone(18:00) - Bonus: Bitcoin's 15% Crash and Recovery(19:00) - Bonus: The SaaSpocalypse(20:00) - What To Watch This Week(23:00) - Final Thoughts
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