Public tech’s espresso shot is quite literally the cloud

Alex Wilhelm, Natasha Mascarenhas / 6:47 PM EDT•August 1, 2022

We unpack the numbers and nuances behind the headlines on the Equity show.

We told you last week that you need to pay attention to the public markets. It was a big week for earnings with notes from all over. This week's Monday show was more than just another entry in the series, it was an experiment. The two of them got into this for the fun.

• Stocks up, crypto mostly flat after a solid week of gains.
• Will Alibaba delist, or not? That question matters more than just what happens to the singular Chinese tech giant. The question really belies a larger query regarding the ability of Chinese tech companies to access foreign markets more generally, places where the capital can flow at a high clip. Given China’s economic woes, cutting off that particular liquidity pipe might be risky.
• From there we went to Clearco layoffs, UiPath buying Re:infer and Oui’s first close of its new fund.
• And then we wrapped with a dive into Big Tech earnings. The key gist? These companies are too big to summarize, and without the cloud they would be struggling.

What would you say? We should live again. Next time we have Equity-themed espresso cups, no one will be able to resist us? Don't worry, the Equity team is back on Wednesday with a great show.

Equity goes down at 7 a.m. on Mondays. Thursday and Friday are at 6 a.m. You can subscribe to us on Apple, Overcast, and all the casts.

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