Why Microsoft needs nuclear energy
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 20 December 2024
⏱️ 12 minutes
🧾️ Download transcript
Summary
A number of cryptocurrency-focused hedge funds are outpacing their rivals, the Bank of England holds interest rates at 4.75 per cent, and Microsoft has partnered with a utility company to restart a controversial reactor at Three Mile Island.
Mentioned in this podcast:
Hedge funds cash in on Trump-fuelled crypto boom
Bank of England holds interest rates at 4.75%
Behind the Money: How the AI boom is reviving Three Mile Island
The FT News Briefing is produced by Niamh Rowe, Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
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Transcript
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| 0:00.0 | We're Equinor, an energy company searching for better. |
| 0:03.0 | Currently, we supply 27% of the UK's gas, 15% of its oil, |
| 0:07.7 | and we're playing our part in the UK's energy transition. |
| 0:11.0 | Our wind farms power 750,000 homes, |
| 0:14.0 | and we expect that to grow to over 7 million. |
| 0:16.5 | Last year, we invested 20% of our global growth spend in renewables |
| 0:20.1 | and lower carbon solutions. |
| 0:22.0 | We plan to increase that to 50% by 2030. |
| 0:25.4 | We're an energy company searching for better. |
| 0:28.4 | Equinore.co.uk. |
| 0:33.3 | Good morning from the Financial Times. |
| 0:35.9 | Today is Friday, December 20th, and this is your FT News Briefing. |
| 0:40.9 | Hedge funds are making big bucks off crypto's Trump bump. The Bank of England isn't ready for another |
| 0:47.9 | interest rate cut just yet. Plus, we look at why one utility is teaming up with Microsoft to |
| 0:54.1 | revive a controversial nuclear site. |
| 0:56.7 | If the tech giants can't get the power to enable their data centers to work, then they and America will not be leading the AI revolution. |
| 1:07.9 | I'm Mikhaila Tendera, and here's the news you need to start your day. |
| 1:20.5 | A handful of hedge funds are cashing in on the crypto frenzy. Funds investing in digital assets have |
| 1:26.6 | posted returns of 76% this year so far. |
| 1:30.3 | This majorly outpaces the average hedge fund. They gain just 10%, according to Data Group, HFR. |
| 1:37.3 | The asset managers made a windfall from Bitcoin's value more than doubling this year. |
| 1:42.3 | Donald Trump's election win has boosted the token |
... |
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