The Angle from T. Rowe Price

David Rowan, technology journalist, investor, and founding editor-in-chief of WIRED UK, sits down with Justin Thomson to discuss the rapid acceleration of artificial intelligence and what it means for businesses, investors, and society.

Jim Farley, President and CEO of Ford, steers the automaker through electrification, software-defined vehicles, and global competition. He recounts resetting EV strategy, creating a Skunk Works teardown to learn from rivals, and reorganizing Ford into Blue, Model e, and Pro. He also describes building a metrics-driven, performance-focused culture and why E-Rev tech matters for many American buyers.

Srini Gopalan, CEO of T‑Mobile and seasoned international telecom leader, shares stories from his global career and leadership approach. He discusses customer‑first culture and network expansion. He explores AI optimizing networks, future tokenized connectivity for industry, rural coverage and satellite partnerships, and the company’s capital and spectrum choices.

Maria Elena Drew, Head of Global Sustainability, on nuclear’s environmental tradeoffs and public perception. Rick DeLos-Reyes, portfolio manager and natural resources lead, on policy, uranium supply, and deployment hurdles. They discuss nuclear’s comeback, small modular reactors, supply chain and workforce constraints, and waste, water, and safety concerns.

Vineet Khanna, a T. Rowe Price utilities analyst focused on the power sector, explains how AI is reshaping electricity demand. He discusses the rapid surge in data-center power needs. He outlines grid constraints, reliability pressures, and who might fund upgrades. He highlights policy, workforce, and technology responses to manage the strain.

Maria Elena Drew, Head of Global Sustainability at T. Rowe Price, is an expert in decarbonization and energy security. She discusses why the energy narrative has soured in some regions. She explains how renewables became the lowest-cost option and how energy security reshapes investment priorities. She contrasts US, EU, and China approaches and explores nuclear’s revived role and chaotic versus orderly transition scenarios.

Sir Niall Ferguson, a leading historian and author known for his expertise in financial history, shares insights on the power of understanding past market trends. He emphasizes how historical knowledge aids in navigating risks and making impactful investment decisions. Ferguson discusses the recurring themes of financial evolution and crises, the importance of probabilistic thinking, and the lessons learned from past mistakes in predictions. He also predicts key developments for 2026 and elaborates on the strategic significance of geopolitical events like Taiwan.

Priyal Maniar, an equity analyst specializing in North American energy, and Elliot Hsu, a credit analyst in energy and commodities, explore the crucial role of fossil fuels in our energy landscape. They discuss how productivity shapes long-term oil and gas prices while contrasting it with short-term market shocks like geopolitical tensions. Both highlight natural gas as a vital bridge in the energy transition. They also emphasize the importance of midstream infrastructure investments and the risks associated with capital discipline in today's energy market.

This 2025 highlights episode features memorable moments from Eric Veiel’s interviews with leading CEOs and executives across technology, health care, finance, and energy as they discuss how they navigate change, foster innovation, and adapt to disruption.

Join Sebastian Page, asset allocation expert, Ken Orchard, a fixed income specialist, and David Giroux, equity portfolio manager, as they dive into the 2026 Global Market Outlook. They explore the potential of AI as a growth driver versus the risk of a bubble. Ken discusses rising debt issuance from AI firms, while Sebastian highlights market concentration and enduring fundamentals. David emphasizes focusing on high-quality equities over macro predictions, as the team shares insights on navigating inflation risks and international opportunities in the evolving market landscape.