The race for A.I. profits is increasing buying, especially from larger tech players, notes Thomas Smale. He discusses mergers and acquisitions expectations. He highlights tech IPOs opening the floodgates including Arm (ARM), Instacart (CART), and Klaviyo (KVYO). He talks about factors that could fuel an acceleration in dealmaking in 4Q and 2024. He then goes over how private equity will continue to be the lead buyers heading into 2024. He outlines how A.I. is shaping tech acquisitions. Tune in to find out more about the stock market today.
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