Shreya Murthy

1.3 trillion.

1.3 versus 1.3.

I mean, if you look at the Mag 7, if you're just doing the biggest seven tech companies, it's like completely changed hands in terms of like Samsung, Micron.

There's so many companies deeper in the supply chain that are absolutely mooning on the AI boom.

So maybe we need a new term.

We had Fang for a while, now we have Mag 7.

It feels like we're in the dawn of a new one.

We'll see, we'll see.

Anyway.

Anyway, where I was going with that, I can see Zuck feeling like I'm not being properly valued right now.

Yeah, should buy the stock back, if anything.

Yeah, if anything.

They don't have a lot of... Because they're spending a lot on CapEx, yeah.

Yeah.

Anyway, Matt Dratch has some takes on Google on the raise.

He says, first, I don't think this has anything to do with their view of equity value, so they don't necessarily think they're overvalued.

Larry and Sergey want to spend.

Sundar and the CFO said, our debt rating, though, and so we are here.

They don't want to raise more debt of the...

$80 billion.