8 min listen
Is this what good news feels like?
FromEquity
ratings:
Length:
8 minutes
Released:
Dec 5, 2022
Format:
Podcast episode
Description
Stocks in China are ripping higher on news that its drastic COVID-related policies could be starting to ease. It's a long way from a reopening, but after years of hard-edged lockdowns, Chinese tech companies are breathing a sigh of relief — at least in valuation terms. Shares are down in Europe and the United States.How much are Chinese equities rallying? Bilibili is in the lead, up around 16% in pre-market trading. The day's gains won't cover all prior losses, but for the nation's beleaguered tech industry, the valuation gains are beyond welcome news.And sticking to the good news vibe, the fact that the U.S. central bank may slow the pace at which it raises interest rates could provide some useful tailwinds to tech companies.The Circle SPAC deal is off.Giraffe360 raised new capital, which surprised us, given our perspective on the housing market.And we closed with notes on ChatGPT, the thing that everyone on Twitter cannot stop playing with.Equity drops at 7 a.m. PT every Monday and Wednesday, and at 6 a.m. PT on Fridays, so subscribe to us on Apple Podcasts, Overcast, Spotifyand all the casts. TechCrunch also has a great show on crypto, a show that interviews founders, one that details how our stories come together, and more!
Released:
Dec 5, 2022
Format:
Podcast episode
Titles in the series (100)
Equity Monday 07/20: Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest big news, chats about the coming week, digs into some recent funding rounds, and mulls over a larger theme or narrative from the private markets. You can follow the show on Twitter here, and myself here, and don’t forget to check out last Friday’s episode. by Equity