Caroline Hyde

The technology story is broadening, expanding past just AI and data centers.

In a recent note, Carol Schleif, Chief Market Strategist at BMO Private Wealth writes...

that the real focus is shifting to who's using the technology and how it's being applied.

She adds that rising M&A activity, IPOs, and ongoing innovation could help fuel continued interest and momentum in the year ahead.

Carol joins us now.

I want to start with the shift part and we'll get to IPOs because, of course, it's been a big story for us here on the show.

What is it that you're seeing in a shift?

You're seeing the psychology of the market shift, you're seeing the attention of the market shift, or you're seeing people's understanding shift.

Which is it?

Carol, you heard Blumos, Nora and Melinda kind of outline the events of the last five days.

You know, Friday, we always say like one session a market does not make.

But clearly there are some deep rooted concerns that corners of the technology industry, i.e.

kind of like legacy software, are at severe risk here.

Does your research reflect that as well?

Okay, to the private markets.

Anthropic is finalizing the details of a funding round of more than $20 billion, which would nearly double its valuation to $350 billion.

Let's get the details.

Bloomberg's venture capital reporter, Natasha Mascarenas, here in SF.

This is something we broke just before the weekend, chased over the weekend, and we think it's coming this week, right?

Where are they at?