Robert Schiffman

I don't think their balance sheets have ever been better positioned.

And I actually think the confidence levels that we see across the bond market far supersede what I think even Bloomberg News is talking about.

And I'm Nathan Hager.

Each morning, we're up early putting together the latest episode of Bloomberg Daybreak U.S.

Edition.

Yeah, there's a trial taking place right now in Los Angeles, putting all four of them on trial.

There's also a federal case that's putting them on trial in June.

There are many causes of harms in people's lives.

And so isolating that causation is going to be tricky for the plaintiffs as well.

I think you need to be careful about using the term solution because in order for us to talk about that, we have to be very precise about exactly what problem we're trying to fix.

And so when we talk about solutions, we can't do that without talking about the problems.

We're going to hear from average Americans essentially plucked off the streets who are going to weigh that evidence and try and tell us whether or not they think there's a problem here that needs to be addressed.

So ideally, the jury doesn't have any direct expertise they're bringing in.

The idea is that that's not what they're being asked to do.

I'm going to listen to the evidence.

Yeah, I think, listen, let's start from the beginning.

Do they actually need any money?

My answer is no.

I think they're borrowing money because they can, because it's super cheap, and that there's a concept that demand for not just AI, but bonds are so insatiable that they can go out and do 100-year maturity.

So, yeah, there's tons of demand.