Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News.
Speaker 2: This is our conversation of the day. Ivan finds it
Speaker 2: is incredibly grizzled in the technology area. Ivan, what's the
Speaker 2: number one thing you got rog and tech? Give me
Speaker 2: give me a by hoold cell where you just didn't
Speaker 2: get it right at Tiger's financial which is the one
Speaker 2: you regret.
Speaker 3: Well, so far, I've been disappointed in Adobe. I've been
Speaker 3: a bull on Quest for a long time that finally
Speaker 3: caught fire. I was early on Nvidie, I mean on.
Speaker 1: Intel. I've been saying Intel would regain his former glory.
Speaker 3: But so far, Obi, which is a very powerful AI
Speaker 3: creation driven creation platform, has yet to be recognized as
Speaker 3: that I think the contribution it makes in content development.
Speaker 2: So that's when I have this and I'm going to
Speaker 2: shout out charlest Cancer new bigger bourbon on this. Everybody's
Speaker 2: looking at the Adobe management going.
Speaker 1: What is going on? Ivan?
Speaker 2: I want you to interpret the AI IPOs that are
Speaker 2: coming down the block. You're more you're just so qualified
Speaker 2: at this. How do you look at anthropic ipo? Paul
Speaker 2: help me here. Open AI is another one, But Ivan,
Speaker 2: how do you translate those?
Speaker 1: Well, I mean there's My favorite is still Perplexity.
Speaker 3: I like, uh, you know tat GPT that seems to
Speaker 3: give me good information and good data. I think on
Speaker 3: a lot of these when you are looking for specific
Speaker 3: data on things, I find it does help to quantify
Speaker 3: the time period because sometimes it defaults to different, you know,
Speaker 3: older time periods. But uh, there is going to be
Speaker 3: a lot of interest in these I pos, at least
Speaker 3: in the beginning.
Speaker 1: Then they're going to have to perform.
Speaker 3: I still think one of the best AI plays that's
Speaker 3: not getting the respect I think it deserves as Microsoft.
Speaker 1: But it seems now to turn again.
Speaker 3: I mean, they have a very powerful AI platform and Azure,
Speaker 3: and I don't know if they're gaining the traction that
Speaker 3: everybody has expected Copilot.
Speaker 1: But again, co Pilot is.
Speaker 3: Still it still is driving revenue, and they are getting
Speaker 3: more and more subscriptions now that they've shifted to target
Speaker 3: to more commercial or business users.
Speaker 2: But okay, I gotta get this headline out, Paul, this
Speaker 2: is too important to Microsoft up one percent instantly anthropic
Speaker 2: in talks to use Microsoft's AI chips from Information. Thank
Speaker 2: you Alexis for that earlier yep.
Speaker 4: So yeah, I mean we've seen more and more headlines,
Speaker 4: and the AI story just skating momentum. I haven't you know,
Speaker 4: we've had the SpaceX ipo out there in the marketplace
Speaker 4: maybe eighteen hours here today. How do you think the
Speaker 4: marketplace will approach this company, this ipo? I mean, the
Speaker 4: size is just staggering. How do you think the markets
Speaker 4: can approach it?
Speaker 3: Very There's huge interest, very enthusiastically. I mean, finally, after
Speaker 3: a forty year hiatus of focusing on space, you know,
Speaker 3: we're returning to that.
Speaker 1: And the ability to with the computing.
Speaker 3: Power and AI to actually move this forward also is
Speaker 3: going to make help make huge leaps.
Speaker 1: So there's going to be a lot of interest. Everybody
Speaker 1: loves space.
Speaker 3: I mean, I remember I've been around, so I remember
Speaker 3: the Apollo launches and how exciting that was and a
Speaker 3: lot of enthusiasm.
Speaker 1: And now that.
Speaker 3: It's coming back, I think in an even more receptive
Speaker 3: environment with a lot more interest. So I think the
Speaker 3: SpaceX ipo is going to be very well received.
Speaker 1: Is this even for its massive size?
Speaker 4: Yeah, massive size, And you know a lot of folks
Speaker 4: or some folks may get hung up on no matter
Speaker 4: how you try, and no matter how many years you
Speaker 4: go out, the valuation just makes no sense. But one
Speaker 4: can make that similar argument for the life of Tesla
Speaker 4: as well, and that's worked out. How do you think
Speaker 4: about valuations for some of these really big companies that
Speaker 4: have really long term outlooks.
Speaker 3: It's having faith in the future. But I also say,
Speaker 3: if you like Space, you gotta like Boeing.
Speaker 1: Yep, yep.
Speaker 2: But what's your single best buy here before we go ivan,
Speaker 2: what's your single best buy right now?
Speaker 1: Well?
Speaker 3: I think big cap tech is Microsoft and interesting play
Speaker 3: in a lot of different areas. We just put out
Speaker 3: a new report yesterday on Garment, up dur price target
Speaker 3: to three twenty five.
Speaker 1: The stock is like.
Speaker 3: Two thirty seven right now. This is a play in
Speaker 3: so many areas as far as especially in health and
Speaker 3: wellness AI driven health and wellness functionality. So I think
Speaker 3: right here Garment is one of my favorite stocks.
Speaker 2: Did you talk to Bill Ackman about this on Microsoft,
Speaker 2: as he's shown a commitment there with Pershy.
Speaker 1: I have not spoken to him directly on that.
Speaker 3: We interesting left were one of the underwriters of the
Speaker 3: IPO for his management company, Pershing Square and the Pershing
Speaker 3: Square closed end fund he just launched. And you know
Speaker 3: I think the timing is perfect for Microsoft. He was
Speaker 3: invited to launch the fund at the time we saw
Speaker 3: a pullback in a lot of tech stocks.
Speaker 2: Ivan, thank you so much.
Speaker 1: Ivan.
Speaker 2: Ivan find sight there with a thought on Microsoft again.
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Speaker 1: You learned so much with that guy.