Speaker 1: Bloomberg Audio Studios, podcasts, radio news.
Speaker 2: The single best idea and the single idea is what
Speaker 2: keeps us going in the blur here five days a week,
Speaker 2: three hours every morning. People go, how do you do it?
Speaker 2: We do it because our guests want to be on
Speaker 2: with us. That is the absolute bedrock of what we do.
Speaker 2: And one and Eric and the team putting us together
Speaker 2: every day, booked out weeks in advance with people. When
Speaker 2: you get Dan Ives saying I want to be on
Speaker 2: the show, and Robert Schiffman and Bloomberg Intelligence saying I
Speaker 2: want to be on the show, you have just a
Speaker 2: terrific effort in studying this technology space. I can't say
Speaker 2: enough of the interest, both of them said, people coming
Speaker 2: up to them in restaurants saying, what about it? What
Speaker 2: about it? Let's get started. Dan Ives here on technology.
Speaker 3: When you look at XAI, that's so much of the
Speaker 3: AI technology now that's within SpaceX, SpaceX basically being the
Speaker 3: vehicle that obviously gets you to space. It's must view
Speaker 3: where he's basically creating his own ecosystem. You do about
Speaker 3: circuit financing and everything else. He's internally building this what
Speaker 3: I would argue is probably going to be the biggest
Speaker 3: AI company in the world.
Speaker 2: My first conversation on this SpaceX XAI. You know, I'm skeptical.
Speaker 2: Dan Ives is not. He's at Wedbush Security's. We'll be
Speaker 2: doing much much more on this. Lisa Matteo and Alexis
Speaker 2: Krossoffer is making clear this looks to be a ginormous
Speaker 2: that's CFA level for ginormous IPO. How special is this?
Speaker 2: Robert Shiftman with us, we have to hear two Bit's
Speaker 2: Robert Shiftman's with Bloomberg Intelligence. He is absolutely definitive on
Speaker 2: the credit analysis of large cap technology. Robert Schiffman on
Speaker 2: this moment for the big companies.
Speaker 4: What you've said in the past to me is why
Speaker 4: aren't the companies paying more dividence? You asked Dan this morning,
Speaker 4: why you know, why isn't Microsoft going to go out
Speaker 4: and find more? And first of all, I think that
Speaker 4: these companies have much different visions than what we have.
Speaker 4: They can see the future that we can't see, and
Speaker 4: they're willing to put their their money right where that
Speaker 4: vision is.
Speaker 2: Robert Schiffman, he went on really to lay out the
Speaker 2: granular nature. Just one vignette here, Oracle really troubled he
Speaker 2: laid out all the charts about how Oracle's struggling to
Speaker 2: get mass and size. In that they did a bond
Speaker 2: offering and they offered five times more people wanted it
Speaker 2: than the bond size. I mean, the demand was insatiable
Speaker 2: for Oracle. Paper here Robert Schiffman on the future for
Speaker 2: these big companies. Listen.
Speaker 4: I've never been as on big cap tech as I
Speaker 4: am right now, so I understand some of the fears.
Speaker 4: Quite frankly. The way I think about it is it's
Speaker 4: a little bit about perspective, like if you're looking at
Speaker 4: a Rorshach test. Some people equity analysts are very much
Speaker 4: concerned that valuations are wildly out of whack and all
Speaker 4: the money that's being spent is never going to be
Speaker 4: earned back. From a credit perspective, I don't think people
Speaker 4: are worried at all, and there's data to back it up.
Speaker 2: Robert Schiffman there, go to the Bloomberg Terminal Bloomberg Intelligence.
Speaker 2: His read every morning is absolutely definitive and must read.
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