Fed Cuts, AI Booms & M&A Deal Flow Returns

In this episode, Anthony and Piers unpack a week of upside surprises, from inflation data clearing the path for Fed rate cuts to Oracle’s shock $455 billion order book and the tech rally pushing markets to fresh highs.

They question whether Wall Street’s S&P 500 forecasts are still too cautious, explore why Klarna’s IPO success might reignite deal flow, and dissect the $53 billion Anglo-Teck copper merger. More than just a headline deal, it’s a masterclass in corporate defense, streamlining portfolios, leaning into future-facing assets like copper, and turning defense into offense with smart, strategic M&A.

(00:00) Market Overview & Outlook

(02:38) Inflation Data & Fed Policy

(05:35) Tech Stocks & Performance

(08:27) Oracle Earnings & AI

(11:01) Musk’s $1T Pay Package

(14:11) Analyst Calls & Forecasts

(16:47) Banks & Deal Flow

(19:35) Klarna IPO & Markets

(22:38) Anglo-Teck Merger