Publicly-listed Oklo sits at the intersection of two hot areas for Wall Street: artificial intelligence and energy companies. This year alone, Oklo’s share price has jumped more than 400 per cent. But the business hasn’t generated any revenue. It hasn’t built a nuclear reactor, and it hasn’t secured any binding contracts with customers. The FT’s US energy editor Jamie Smyth explains the enthusiasm for Oklo, its links to the Trump administration and whether it can live up to the hype.Clips from New York Stock Exchange, The White House, a16z- - - - - - - - - - - - - - - - - - - - - - - - - - For further reading:Inside Oklo: the $20bn nuclear start-up without any revenueUS and investors gambling on unproven nuclear technology, warn expertsDonald Trump’s assault on US nuclear watchdog raises safety concerns- - - - - - - - - - - - - - - - - - - - - - - - - - Attend the FT Global Banking Summit, 2-4 December in London: Enter SAVE20 for a 20% discount, register here.- - - - - - - - - - - - - - - - - - - - - - - - - - Follow Jamie Smyth on X (@JamieSmythF), or on Bluesky (@jamiesmythft.bsky.social). Michela Tindera is on X (@mtindera07) and Bluesky (@mtindera.ft.com), or follow her on LinkedIn for updates about the show and more. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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23:28
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23:28
$12bn of debt: How First Brands Group collapsed
Some of the world’s biggest financial institutions are reeling after the collapse of a little-known car parts supplier: First Brands Group. The company filed for bankruptcy last month, and since then, FT reporters have shone a spotlight on billions of dollars of hidden debt and a secretive founder whose borrowing habits left creditors exposed. The FT’s corporate finance editor Robert Smith and banking editor Ortenca Aliaj walk through their investigation and explain how this event has raised questions about potential cracks in private credit. - - - - - - - - - - - - - - - - - - - - - - - - - - For further reading:The secretive First Brands founder, his $12bn debt and the future of private creditFirst Brands Group: dude, where’s my cash?First Brands bankruptcy: the losers — and winners- - - - - - - - - - - - - - - - - - - - - - - - - - Follow Robert Smith on X (@BondHack), or on Bluesky (@bondhack.ft.com). Michela Tindera is on X (@mtindera07) and Bluesky (@mtindera.ft.com), or follow her on LinkedIn for updates about the show and more. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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26:37
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26:37
Can the world’s largest listed hedge fund rebound?
The world’s largest listed hedge fund manager, Man Group, is at a crossroads. After years of high flying thanks to its innovative quant trading strategies, the company’s hedge fund unit has been faltering. Recently, the performance of Man Group’s core business has been lacklustre, and some institutional investors have pulled their money. The FT’s hedge fund correspondent Costas Mourselas analyses which strategies Man Group may pursue to rebound. - - - - - - - - - - - - - - - - - - - - - - - - - - For further reading:Can the world’s largest listed hedge fund rebound?Man Group’s hedge fund bluesRobyn Grew: the ‘force of nature’ named Man Group chief executive- - - - - - - - - - - - - - - - - - - - - - - - - - Follow Costas Mourselas on X (@CostasMourselas). Michela Tindera is on X (@mtindera07) and Bluesky (@mtindera.ft.com), or follow her on LinkedIn for updates about the show and more. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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19:10
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19:10
Introducing Untold: Toxic Legacy
Introducing Toxic Legacy, a new season of Untold from the Financial Times. Host Laura Hughes uncovers a lead poisoning epidemic across the UK. You might be living with lead and not know it: the toxin is often invisible to the human eye, but wreaks havoc on our bodies once we’re exposed. The first episode of Untold: Toxic Legacy launches October 22. Listen on Apple Podcasts, Spotify, Pocket Casts or wherever you get your podcasts.For information on how to live safely with lead, please visit the LEAPP Alliance website. Hosted on Acast. See acast.com/privacy for more information.
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2:16
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2:16
The meltdown at Nestlé
From KitKat candy bars to Perrier mineral water, Nestlé owns thousands of brands. But recently the world’s largest food and beverage company has severely underperformed its rivals in the wider consumer goods sector. The business is also emerging from a scandal involving its most recent chief executive. The FT’s consumer industries reporter Madeleine Speed explains how Nestlé’s challenges fit into an industry under pressure from shareholders, and what plans the group’s new leadership are considering. Clips from TBS/YouTube and Nestlé- - - - - - - - - - - - - - - - - - - - - - - - - - For further reading:The meltdown at NestléNestlé’s CEO ousting makes case for corporate ‘veep’Denials and defiance: Nestlé chief’s exit over relationship prompts investor unrest- - - - - - - - - - - - - - - - - - - - - - - - - - Follow Madeleine Speed on X (@SpeedMaddie). Michela Tindera is on X (@mtindera07) and Bluesky (@mtindera.ft.com), or follow her on LinkedIn for updates about the show and more.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
From hostile takeovers to C-suite intrigue, Behind the Money takes you inside the business and financial stories of the moment with reporting from Financial Times journalists around the world. Hosted on Acast. See acast.com/privacy for more information.
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