Quick answer: On The Diary Of A CEO with Steven Bartlett, Mark Cuban said Bitcoin, Google, Apple and even Micron now trade like meme stocks. According to the clip's description, he said a company can miss earnings by a penny and drop 18%, adding: "We're trading them like baseball cards."
Video: Mark Cuban: "Everything Is a Meme Stock Now" by Viral Podcast Shorts on YouTube.
What Mark Cuban said
"Meme stock" became a household term in 2021, when shares like GameStop surged on social media hype rather than business results. Cuban's argument in this Short is that the label now fits much more of the market. Per the description, he lumps in Bitcoin and huge, profitable companies like Google, Apple and chipmaker Micron.
His example is an earnings miss of just a penny sending a stock down 18%. To Cuban, that kind of swing shows investors reacting like collectors flipping cards, not owners valuing a business.
Is he right?
Cuban's comment is an opinion, and the 18% figure is his illustration, not a specific trade named in the clip. Still, big single-day moves after earnings have become common, even for large companies. Options trading, social media and fast-moving retail money all feed sharp reactions. Long-term investors often read this as a reason to focus on fundamentals and avoid chasing short-term swings. Nothing here is investment advice.
Who is Mark Cuban?
Mark Cuban is an American billionaire entrepreneur from Pittsburgh. He sold majority control of the NBA's Dallas Mavericks in 2023, was a longtime Shark Tank investor, and co-founded Mark Cuban Cost Plus Drug Company (Mark Cuban Companies) (CNBC) (Wikipedia). He goes by his legal name.
Where to watch the full episode
The Short was posted by Viral Podcast Shorts, crediting The Diary Of A CEO and Steven Bartlett. The full episode is "Mark Cuban: The Brutal Truth About The Next Market Crash!" (watch on YouTube).
FAQ
What did Mark Cuban say about meme stocks? That Bitcoin and major stocks like Google, Apple and Micron now trade like meme stocks, and that "we're trading them like baseball cards."
Which podcast was Mark Cuban on? The Diary Of A CEO, hosted by Steven Bartlett.
Is Mark Cuban his real name? Yes. He goes by his birth name, Mark Cuban.