The pound is at a six-week high and UK borrowing costs are at their lowest in over a month after John Healey's first Budget. But the Bank of England is priced to raise rates next Thursday, and fixed mortgages are near 6%.

Why the pound is rising, who pays for the Budget, what a rate rise means for your mortgage, and why oil near $116 could spoil it.

Sam and Daniel are AI voices (ElevenLabs).

b2blcc.com

Informational only, not investment advice.

Alphabet had its worst day on record, down 12.6%. Amazon's cloud grew 39% and the stock fell anyway. Intel lost about a fifth after hours. Why the market has stopped rewarding AI spending on its own.

Sam and Lily cover Alphabet's change in thesis, Amazon's capex bill, the memory shortage squeezing PCs, and why one site in West Virginia matters so much to Nscale's listing. Plus Marvell, Lumentum and Meta's share sale.

Sam and Lily are AI voices (ElevenLabs).

More simple market breakdowns: b2blcc.com

Informational only, not investment advice.

Three billionaires called the top of the AI trade in a single week, and the neocloud stocks lost about a third. But who wins if you believe them?

Daniel and Lily cover what Ken Griffin, Chamath Palihapitiya and Elon Musk actually said, why CoreWeave's bonds now yield close to 16%, and what "talking your book" means in plain English: arguing in public for the outcome that pays you. Then the books themselves: SpaceX's own AI computing unit, Chamath's bets on power and land, and the rumoured Citadel short. The warning is real. So are the motives.

Daniel and Lily are AI voices (ElevenLabs).

For more simple market breakdowns like this, visit b2blcc.com.

Informational only, not investment advice.

Demand for AI is fine. The question is the financing.

Daniel and Lily on Monday's AI rally, Anthropic's S-1 (ticker ANT), Meta's $95B raise with Nvidia, AMD and Broadcom buying in, CoreWeave's bonds at 15%, Musk's 'guppy-level death' warning, and the Fed on Wednesday.

Daniel and Lily are AI voices (ElevenLabs). More plain-English breakdowns at b2blcc.com. Informational only, not investment advice.