Duolingo, Palantir emerging amongst market leaders but don’t write off Magnificent Seven or Musk - Omba’s Sean Ashton

Loading player...
As Trump's tariffs continue to disrupt global markets and the AI revolution reshapes the investment landscape, market leadership is shifting - and there are surprises emerging among them. One of them is the language app Duolingo, which has quietly outperformed some of the biggest names in tech with a 58.1% return, even pipping Palantir Technologies at 55.1%. In an interview with BizNews, Sean Ashton of Omba Investments delves beneath the surface of index and sector returns and reveals Duolingo's value lies in its strength in leveraging AI within its business model to accelerate content creation, with new offerings potentially including chess, mathematics, and even music. However, both Duolingo and Palantir remain highly valued, with Palantir described by Ashton as 'probably the poster child for extreme valuations in today's market.' Among the other standout performers, cybersecurity giant CrowdStrike has posted an impressive 37.3% YTD return. And where do the Magnificent Seven stand? With Alphabet, NVIDIA, Microsoft, and other dominant tech players, Ashton argues that despite passing on the baton, “if you delve below the surface of indices and even sector returns, it is far from over in tech land. As for Tesla, Ashton points out that the Cybertruck hasn't hit its stride, auto margins have collapsed, and Musk's entanglement in US government affairs has triggered a backlash. But Musk should not be written off. "He's come back from worse many times before.
21 May 2025 7AM English South Africa Investing · Business News

Other recent episodes

Willem Els - Failed food court bomb attack could have killed and maimed many

Chilling details have emerged of a recent failed bomb attack in the packed Food Court of the Ballito Junction Regional Mall. The device was placed by a 15-year-old radicalised teen intent on committing mass killing, but it failed to explode. The FBI alerted The Hawks, but the bomb had already…
8 Jul 11AM 17 min

BN Daybreak: US strikes on Iran lift oil; NATO deals, SA auto subsidy; Farage quits

In today’s episode, we cover the surge in oil prices following US airstrikes on Iran. We also review $50 billion in new defense deals from the NATO summit in Turkey. Locally, experts unpack the DA’s internal credibility crisis and controversial cabinet appointments, alongside the reality of South Africa's R40 billion…
7 Jul 11PM 17 min

Solly Moeng on South Africa's corruption crisis

In his latest interview with Chris Steyn, Solly Moeng, blasts President Cyril Ramaphosa for his appointments of Ayanda Dlodlo as Ambassador to France and Dina Pule to Cabinet. “...the ANC still looks in its own dustbin of people they've thrown in the past to say, OK, maybe this one, people…
7 Jul 7AM 23 min