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Equity

Equity Monday: Bitcoin ETFs, Carta’s latest mess, and let’s go to the Moon

Equity

TechCrunch

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

4.2365 Ratings

🗓️ 8 January 2024

⏱️ 11 minutes

🧾️ Download transcript

Summary

Equity is kicking off the week with an update on Bitcoin ETFs, why Carta is in trouble (again), new competition for SpaceX in the form of the ULA, and what we're keeping an eye out for ahead of the GPT store launch.

Transcript

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0:15.4

Hello and welcome back to Equity Tech Runches Podcast about the business of startups where we unpack the numbers and the nuance behind the headlines. This is

0:19.3

Alex good morning. Today is January 8, 2024.

0:23.6

It's the first real week of the year,

0:25.6

so if you were just knocking off the cobwebs

0:27.5

and getting back into work, don't worry,

0:29.5

you are not alone.

0:31.0

On the equity front, don't forget that this week we'll see the first of our

0:34.4

rejigger Wednesday episodes. They're going to be shorter, punchier, more filled

0:38.8

with startup and venture news. Look for that, get ready, get excited. I am.

0:43.0

Today on the show we have stocks and crypto,

0:45.0

Bitcoin EDFs are probably finally actually really coming

0:49.0

this week, we think, the latest drama at Karta,

0:52.0

a key rocket launch launch and open AI's

0:54.8

GPT store is supposed to launch this week. Let's go.

0:58.3

Starting off as we do with the world of money if you spend that globe and take a look at the stock market over in Asia

1:07.6

shares are mostly down today what's driving that well the fall of Zongji in China is a major negative catalyst. Look that up if you want.

1:16.0

In Europe, shares are down, but not by much. And here in the US, tech stocks are flat in pre-market trading and the big news is actually not a tech story,

1:26.2

but it's the latest set of issues at Boeing, an American company that appears unable to build airplanes

1:31.6

that stay in one piece as they fly these days.

1:34.8

This comes after the company had issues with planes that did not stay in the sky.

1:39.1

Not a great look.

1:40.4

Shares of Boeing are off about 7.5% in pre-market trading.

...

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