Ed Ludlow

Just take a listen.

So what should we do?

I mean, should CEOs be held personally liable?

I was talking to Demis Hassabis, the CEO of Google DeepMind, and he, I asked, look, if we knew every company in every country would pause, should we pause AI so society and regulation can catch up?

And he said, yes, he would be in favor of that.

Would you be in favor?

A crucial speech from the President of the United States in Davos eases some of the tensions in the market.

We're now up 0.8% on the NASDAQ 100.

Having had on the broader markets and the S&P the worst day since April yesterday, now we bounce back a little bit.

We've seen a halt in slides on bonds, on crypto as well, as the President says he would not be wanting to use force when it comes to his attention on Greenland.

NASDAQ, if you look under the hood in video, is your biggest points contributor to the upside.

To the downside, it's Microsoft and this name, Netflix.

currently down by some four percentage points.

We had been lower earlier in trading.

And that's after we saw, well, profit forecasts disappoint the market after we got its earnings.

We look at what Bloomberg Intelligence has been writing, and it's calling, quote, the M&A noise also driving investor sentiment.

I'm pleased to say Bloomberg Intelligence's Geetha Raghunathan is here with us.

So, Geetha, the M&A noise is also M&A spending, and that seems to be where the margin is getting a knock.

Calla, what's the unit economics of it?

How much are you having to spend on each of these deliveries?