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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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Speaker 2: The single best idea and the single idea is what

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Speaker 2: keeps us going in the blur here five days a week,

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Speaker 2: three hours every morning. People go, how do you do it?

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Speaker 2: We do it because our guests want to be on

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Speaker 2: with us. That is the absolute bedrock of what we do.

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Speaker 2: And one and Eric and the team putting us together

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Speaker 2: every day, booked out weeks in advance with people. When

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Speaker 2: you get Dan Ives saying I want to be on

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Speaker 2: the show, and Robert Schiffman and Bloomberg Intelligence saying I

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Speaker 2: want to be on the show, you have just a

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Speaker 2: terrific effort in studying this technology space. I can't say

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Speaker 2: enough of the interest, both of them said, people coming

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Speaker 2: up to them in restaurants saying, what about it? What

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Speaker 2: about it? Let's get started. Dan Ives here on technology.

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Speaker 3: When you look at XAI, that's so much of the

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Speaker 3: AI technology now that's within SpaceX, SpaceX basically being the

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Speaker 3: vehicle that obviously gets you to space. It's must view

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Speaker 3: where he's basically creating his own ecosystem. You do about

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Speaker 3: circuit financing and everything else. He's internally building this what

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Speaker 3: I would argue is probably going to be the biggest

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Speaker 3: AI company in the world.

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Speaker 2: My first conversation on this SpaceX XAI. You know, I'm skeptical.

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Speaker 2: Dan Ives is not. He's at Wedbush Security's. We'll be

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Speaker 2: doing much much more on this. Lisa Matteo and Alexis

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Speaker 2: Krossoffer is making clear this looks to be a ginormous

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Speaker 2: that's CFA level for ginormous IPO. How special is this?

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Speaker 2: Robert Shiftman with us, we have to hear two Bit's

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Speaker 2: Robert Shiftman's with Bloomberg Intelligence. He is absolutely definitive on

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Speaker 2: the credit analysis of large cap technology. Robert Schiffman on

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Speaker 2: this moment for the big companies.

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Speaker 4: What you've said in the past to me is why

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Speaker 4: aren't the companies paying more dividence? You asked Dan this morning,

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Speaker 4: why you know, why isn't Microsoft going to go out

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Speaker 4: and find more? And first of all, I think that

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Speaker 4: these companies have much different visions than what we have.

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Speaker 4: They can see the future that we can't see, and

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Speaker 4: they're willing to put their their money right where that

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Speaker 4: vision is.

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Speaker 2: Robert Schiffman, he went on really to lay out the

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Speaker 2: granular nature. Just one vignette here, Oracle really troubled he

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Speaker 2: laid out all the charts about how Oracle's struggling to

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Speaker 2: get mass and size. In that they did a bond

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Speaker 2: offering and they offered five times more people wanted it

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Speaker 2: than the bond size. I mean, the demand was insatiable

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Speaker 2: for Oracle. Paper here Robert Schiffman on the future for

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Speaker 2: these big companies. Listen.

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Speaker 4: I've never been as on big cap tech as I

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Speaker 4: am right now, so I understand some of the fears.

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Speaker 4: Quite frankly. The way I think about it is it's

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Speaker 4: a little bit about perspective, like if you're looking at

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Speaker 4: a Rorshach test. Some people equity analysts are very much

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Speaker 4: concerned that valuations are wildly out of whack and all

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Speaker 4: the money that's being spent is never going to be

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Speaker 4: earned back. From a credit perspective, I don't think people

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Speaker 4: are worried at all, and there's data to back it up.

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Speaker 2: Robert Schiffman there, go to the Bloomberg Terminal Bloomberg Intelligence.

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Speaker 2: His read every morning is absolutely definitive and must read.

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Speaker 2: On podcasts, We're out there. We're at Spotify and Apple

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Speaker 2: Music on YouTube. Subscribe to Bloomberg Podcasts. It's single best

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Speaker 2: idea