10AM Hour: Akamai CEO, Trump-Xi Updates, and AI Banks Risks 9/25/26
Summary
This episode covers the Dow's fourth losing week amid rising yields, featuring former Bridgewater strategist Rebecca Patterson who warns of a new structural yield regime driven by massive AI capex. The show analyzes the impact of Meta's Muse launch on financial stocks, with a BofA analyst explaining the "evolutionary" risk of AI agents to bank margins. Additionally, the hosts discuss the substance of President Xi's state visit with guest Jeff Moon and interview Akamai's CEO about a new $11.6 billion deal with Anthropic that is driving the company's stock higher.
Topics discussed
Sponsor: Schwab Market Update
Intro: Market overview and Xi's visit
Consumer sentiment and market breadth analysis
AI valuations and yield pressure on stocks
Iran peace proposal and US response
Xi's White House visit and tech leaders
AI CapEx, growth, and new yield regime
Job market, inflation expectations, and yields
Tactical trading advice and defensive sectors
Sponsors: Energy Transfer and CDW
Interview: Jeff Moon on US-China relations
Sponsor: Rothy's
Sponsor: Schwab Market Update
M&A news, Putin election, and Florida rail
Interview: AI disruption risk for banks
Interview: Akamai CEO on Anthropic deal
Nike earnings preview and retail trends
Disclaimer
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