Pivot

Michigan Midterm Drama, Crypto Heist, and Guest Hillary Clinton

It is a one-night snapshot of how Hillary Clinton and Scott Galloway each read the midterms, the AI money boom and the young-male vote, with live audience questions.

1. 01Hillary Clinton, taping Pivot at New York's Beacon Theater on the eve of the 2026 midterms, predicted Democrats would win both the House and the Senate.
2. 02Clinton credits Democrats for tying affordability to corruption, the same pairing she says helped opposition voters topple Viktor Orban in Hungary.
3. 03Scott Galloway's tally since 1980: Democratic administrations averaged 2 million jobs and 4.1% growth a year, against 1 million and 2.1% under Republicans.
4. 04Scott Galloway warns a 2026 win would mean voters dislike Democrats less, not love them, and must be turned into an agenda before 2028.

Trump's War on "Artificial Intelligence," Elon v. Scott, and Google's Wall Street Meltdown

Scott Galloway turns one week of big-tech earnings into a clear test of which AI spenders are earning a return and which are financing each other.

1. 01Trump wants government documents to say superintelligence instead of AI, even as AI firms commit half a trillion dollars to compute.
2. 02NVIDIA's $3 billion stake in Meta, which is raising nearly $100 billion partly to buy NVIDIA chips, is what Scott Galloway calls textbook circular financing.
3. 03Microsoft grew revenue 19% and Azure 48% with capex under forecast at $45.2 billion, while offering voluntary buyouts to about 60,000 employees.
4. 04Alphabet grew revenue 25% yet fell about 13% after reporting negative free cash flow of $9 billion and long-term debt up sixfold to $125 billion.

Anthropic's IPO Filing, Elon's Talarico Obsession, and Elizabeth Holmes' Box Office Surprise

It is a fast, opinionated read of Anthropic's IPO numbers from two hosts who separate the accounting noise from the real growth.

1. 01Anthropic's IPO filing shows $16.3 billion of revenue in the first half of 2026, up from $1.2 billion in the same stretch of 2025.
2. 02Scott Galloway says $72 billion of Anthropic's reported $81 billion loss is an accounting charge from converting bonds into equity.
3. 03Anthropic's revenue per employee reached about $6.6 million, up from $1.4 million a year earlier and ahead of every Magnificent Seven firm except Nvidia.
4. 04Galloway warns Anthropic's compute commitments of $400 billion or more only make sense if revenue keeps growing about tenfold a year.

Pivot Extra: From ‘Trump Curious’ to ‘Trump Furious’: Inside the Midterm Odds

Three working pollsters from both parties give specific seat counts, race-by-race reads and their own worries about polling error just before the 2026 midterms.

1. 01Kara Swisher's panel of Kristen Soltis Anderson, Dave Wasserman and Terrence Woodbury reads the 2026 midterm polls about two weeks before Election Day.
2. 02Cook Political Report's red undertow idea: Trump voters who sour on him tend to stay home rather than switch, which cuts Republican totals in Texas and Iowa.
3. 03Dave Wasserman puts the median Democratic House gain at 15 to 20 seats, with more than 20 Republican-held seats rated toss-up or worse.
4. 04Kristen Soltis Anderson worries that Democrats are the most eager poll-takers, so a Trump-year polling miss could bleed into a midterm in a state like Iowa.

Elon v. Kara, Tesla’s SpaceX Lifeline, and Sacha Baron Cohen on Satire

It pairs a hard-numbers teardown of Musk's companies with Sacha Baron Cohen explaining, seriously, why he still risks his safety to make people laugh.

1. 01SpaceX posted record third-quarter revenue of $14.6 billion, up 161%, while Tesla's operating income fell 56% to roughly a 3% margin.
2. 02Scott Galloway calls a SpaceX-Tesla merger a done deal because Elon Musk controls both sides, leaving the special committee as a formality.
3. 03Meta grew revenue 26% to $64.6 billion with 15% fewer staff, yet faces about $45 billion in legal penalties this year, $25 billion from New Mexico alone.
4. 04Starlink's throttling in Ukraine could invite regulation or even nationalisation, Galloway argues, as Europe weighs an Airbus-style rival.

Trump's Putin Play, Elon's SpaceX Stock Pledge, and Netflix's Staffing Shakeup

Two sharp, opinionated hosts take apart a week of big announcements and explain, with numbers, why most of them change nothing.

1. 01Elon Musk pledged one SpaceX share to each of roughly 73 million US children, about $10.5 billion at current prices.
2. 02Scott Galloway reads the SpaceX gift as customer acquisition: it creates millions of small shareholders rooting for the company.
3. 03Tesla's Roadster, unveiled in 2017 and delayed repeatedly, now targets 2028 production while Tesla has held about $250 million in deposits.
4. 04Trump paused Russia sanctions from a law the Senate passed 86 to 11, drawing objections from Republicans including Ted Cruz and Thom Tillis.

Pivot Extra: America at 250 — with Heather Cox Richardson

It is a rare chance to hear a working historian match each 2026 headline to a specific earlier moment in American history, then say what usually came next.

1. 01Heather Cox Richardson, a Boston College historian, joined Scott Galloway live for America's 250th to argue the present repeats the Gilded Age and the 1850s.
2. 02Scott Galloway says a memo of understanding is only an agreement to pursue an agreement, and that between 30 and 50 percent of them ever become a deal.
3. 03Richardson says at least $50 trillion has moved from the bottom 90% of Americans to the top 1% since 1975, the kind of gap that preceded FDR's 1932 landslide.
4. 04Galloway blames a gutted diplomatic corps and loyalists over experts, while Richardson traces the distrust of expertise to the Second Great Awakening.

Elon Musk's Midterm Spending Spree, Trump's Press Secretary Debacle, and OpenAI Gets Bugged

Transcript available; summary, chapters and takeaways are on their way.

Kara Swisher Says the #1 Longevity Tool Isn't Sleep, Food, or Exercise | Project Swagger with Robin Arzón

Transcript available; summary, chapters and takeaways are on their way.

Pivot Extra: Inside “Musk”: Power, Family and the Making of a Tech Demagogue

Transcript available; summary, chapters and takeaways are on their way.

Camp Donald, Bezos's AI Fantasy, and Desperately Seeking Kara Swisher

Transcript available; summary, chapters and takeaways are on their way.