Sam Unstead

speaker

276 appearances 2 recordings 1 series first heard May 2026 last heard 5 Jun

Sam Unstead’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 2 in all, peaking in Jun 2026 with 1.

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Merryn Talks Money · SpaceX Fever, Bitcoin's Bad Week and How to Get the UK Investing · 5 Jun 2026 podcast

It's not as interesting as it used to be and not as exciting.

And some of that may also be because of AI, you know.

The amount of money that's being spent on AI is so astronomically enormous, you know, I mean, to the point where, you know, so another big story over this week, Alphabet is raising $80 billion in a stock offering in order to back their AI spending.

That is just so out of the realms of what Alphabet do.

It's just not something that normally happens.

But that's just one stock offering by one company, this enormous amount of debt that, you know, next year there's a Bloomberg Intelligence forecast that next year that capex spending by the hyperscalers will hit a trillion dollars for the year.

You know, not total.

That's just for next year.

That is pulling so much attention and so much capital, so much money that places like Bitcoin that used to be this kind of like, this is the new way to do finance.

This is going to change everything.

Just that excitement maybe has gone out of it a little bit.

And then it's maybe also acting in a way that it wasn't at the beginning of the year as a risk asset again.

You know, they had this little moment last year, this question of, you know, do we still buy the dollar?

Which it turns out you do.

And, you know, where Bitcoin benefited from that a bit, Bitcoin and gold, of course, at the time.

And maybe that's gone out of it too.

Well, this is kind of an eternal debate.

It feels like it's an eternal debate in the UK, which is trying to get people in the UK, who at the moment just sort of keep their money in their current accounts sometimes, not even in ISAs or savings accounts, just sat there earning a pretty small amount of interest, to get them to invest in the market.

There was a big push to do stocks previously.

This isn't a government push.

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