Tech’s Leverage Comes Into Greater Focus

Micron Technology reported a positive earnings outlook, which has contributed to a surge in tech stocks, particularly in the artificial intelligence sector. This optimism was highlighted by Bloomberg's Caroline Hyde, who noted the increasing interest in AI as a driving force behind market movements.

James Proud, founder and CEO of Substrate, emphasized the need for the U.S. to adopt a 'leap-ahead' strategy in the AI race against China during an interview on Bloomberg Tech. He highlighted the increasing competition in artificial intelligence between China and the West, urging for proactive measures to maintain technological leadership.

Patrick McGoldrick, managing partner at JPMorgan Private Capital, discussed the increasing overlap between public and private markets, particularly in the tech sector, where companies are remaining private longer and achieving unprecedented valuations. This trend was highlighted during his appearance on Bloomberg Tech with Caroline Hyde.