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 4AM English South Africa Investing · Business News

Other recent episodes

BizNews Edge: Stranger than fiction - Jooste's consigliere meets ET-type end

Today's BizNews Edge covers three stories that cut to the heart of South African business and politics. John Steenhuisen has broken publicly with the DA, naming Geordin Hill-Lewis and Tony Leon in allegations that threaten serious damage to the party just months before the 2026 municipals. Prosus, once a byword…
29 Jun 5AM 24 min

Criminalising corporate silence with Wendy Addison

South Africa's first high-profile whistleblower Wendy Addison is done talking shop. She's raised a criminal docket against a corporation and its directors for silencing two financial industry whistleblowers — and she thinks it could be a watershed moment. Can personal criminal accountability finally give whistleblower protection real teeth?
29 Jun 3AM 23 min

BN Daybreak: Strait of Hormuz showdown as US and Iran head back to Doha

Vessels are still threading the Strait of Hormuz, but a Bloomberg analyst calls it Schrodinger's Strait: you never know if it's open until you try to get through. With traffic down to a fraction of normal and ships taking hits, owners are weighing whether the world's most vital oil route…
28 Jun 9PM 15 min