15:I[66739,["/_next/static/chunks/0kktebtcs1htf.js?dpl=dpl_BypJS92VjRNoPRbChhh126pTmNUB","/_next/static/chunks/00yc4h63rurg4.js?dpl=dpl_BypJS92VjRNoPRbChhh126pTmNUB","/_next/static/chunks/01b21njbdx~~m.js?dpl=dpl_BypJS92VjRNoPRbChhh126pTmNUB","/_next/static/chunks/0kn25ki6~d.3~.js?dpl=dpl_BypJS92VjRNoPRbChhh126pTmNUB","/_next/static/chunks/166.u_60qj09..js?dpl=dpl_BypJS92VjRNoPRbChhh126pTmNUB","/_next/static/chunks/174-a_qls6cvj.js?dpl=dpl_BypJS92VjRNoPRbChhh126pTmNUB","/_next/static/chunks/0z~br_s19yb5~.js?dpl=dpl_BypJS92VjRNoPRbChhh126pTmNUB"],"default"] 17:I[38632,["/_next/static/chunks/0qqtp3r0h7kah.js?dpl=dpl_BypJS92VjRNoPRbChhh126pTmNUB","/_next/static/chunks/0iukvycbd42rl.js?dpl=dpl_BypJS92VjRNoPRbChhh126pTmNUB"],"IconMark"] 16:T410,

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

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

Market Maker

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