Robert Peston

I checked my calendar.

Super Bowl Wednesday, NVIDIA earnings.

We've got to talk about it.

And one of the reasons it's great to have you on the program, let's talk about it through the lens of the options market and what that's telling us about how they've looked at their calendars and how they're preparing for that print.

Someone's taking a bit of a holiday, at least until November the 25th.

That's Michael Burry.

We understand, of course, he's been winding down his SEC, at least, for Scion Asset Management.

But he really sparked off this whole narrative about how we assess assets and ultimately the deterioration of them when it comes to GPUs and chips.

Bloomberg's Nora Melinda with the Tech Market Look.

Thank you so much.

Let's keep the discussion going and break down the signals in the economy, how they trickle into business.

Natalie Gallagher is principal economist and director at Bored, an AI-powered enterprise planning platform providing macro analysis and strategic guidance to global companies on business investment and economic policy.

It's been a difficult week.

We planned this morning's show with the narrative in the market right now that this is about the Fed and what they will or won't do in December.

But actually, over the course of the week, it wasn't about that at all.

It was about valuations and an AI bubble or not an AI bubble.

What's the real driving force right now that's top of mind for the people you speak to?

Yeah, you know, the debate has absolutely intensified when we talk about are we in an AI bubble.

And there's really, there's two sides to the story.

On one side, it doesn't appear to be as cut and dry as maybe a repeat of the dot-com bubble.