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Equity

Equity Monday: Are we at the start of a new crypto bull cycle?

Equity

TechCrunch

Founders, Silicon Valley, Finance, Ipo, Vc, Technology, Business News, Startups, Business, Venture Capital, News, Stock Market, Entrepreneurship, Techcrunch

4.2365 Ratings

🗓️ 13 November 2023

⏱️ 10 minutes

🧾️ Download transcript

Summary

Today on Equity, crypto's melt-up is continuing, AI training is going to stay expensive for a long while - although Microsoft is probably not worried about the costs - Didi's earnings are kicking off a busy week for Chinese tech companies, and Dave.com is finding a new way to promote its growth.

Transcript

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0:00.0

Hello and welcome back to Equity, the Tech Runch Podcast, where we unpacked the numbers and the nuance behind the headlines.

0:17.0

This is Alex, good morning.

0:19.0

Welcome to our Monday show where we get you caught up and catch ourselves up at the same time.

0:23.7

Today is November 13th, 2023, which means I can tell you this morning that next week is a holiday

0:30.2

week here in the U.S.

0:31.7

So expect all news from this particular part of the world to

0:34.6

slow as we all eat too much, sit back and fall asleep on the couch. But this

0:39.3

morning on the show we have markets including even more positive crypto data a very busy earnings week

0:45.6

AI needing even more money Chinese tech results micro cap tech concerns that are looking

0:51.3

for a little bit more respect a neat startup round out of Africa, and a

0:55.3

crypto media story. It's a grab bag this morning. Let's go.

1:02.0

Kicking off with the world of money, what's going on in equities markets? Well, stocks are mixed in Asia this morning.

1:08.0

They are up in Europe and slightly down in pre-market trading here in the US.

1:13.0

But that's what's happening today.

1:14.0

We care a lot more about what we're going to learn this week,

1:16.8

and that means earnings.

1:18.6

On Monday, we should hear from New Bank, Monday.com,

1:22.2

Rumble and Grinder.

1:24.0

Tuesday will bring us see Tencent Music, Vip Shop and Walk Me,

1:28.0

and then Wednesday is Cisco, Palo Alto Networks, JD.com,

1:32.0

XPeng, and Sonos. And Thursday will bring us

1:35.1

Alibaba, NetEase, and U-Dow. The stock market might be a little bit boring these

...

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