Could we interest you in $675bn in tech stocks?
6/2/202622 min
An estimated $675bn in new equity is hitting the market in the next few weeks. And yes, it is all tech-related. Today on the show, Katie Martin and Rob Armstrong ask why so many companies are selling so much stock to so many people. Also, they go long unusual weather and long the cubicle hero meeting corporate AI-usage metrics by generating AI tools to mimic corporate usage.
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Read a transcript of this episode on FT.com
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First 90 secondsSpeaker 10:00
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Katie Martin· Host0:29
[upbeat music] Pushkin. The hands-down best bet that any investor could have made in the past few years is to buy US tech stocks. Winner, winner, chicken dinner. Well, the majesty of markets serves to give the people what they want, damn it, so guess what we have coming our way? Yep, it's more tech stocks. A lot more. It's a feeding frenzy, people. Some massive razzle dazzle tech companies are lining up to hit the stock markets for the first time. We've already chatted about one of them, SpaceX, on the show, but we're also talking here about the likes of OpenAI, which runs ChatGPT, and Anthropic, which Rob can't pronounce for some strange reason. [laughs] But- Anthra who? But which makes- I, I don't know what you're talking about.
Robert Armstrong· Host1:24
I don't even know what company you're referring to. [laughs] These words are a mystery to me.
Katie Martin· Host1:27
But it makes Claude. Plus,