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Don't expect an OpenAi IPO anytime soon, says Plexo's Lo Toney
  + stars: | 2024-10-03 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDon't expect an OpenAi IPO anytime soon, says Plexo's Lo ToneyLo Toney, Plexo Capital founding managing partner, joins 'Closing Bell' to discuss OpenAI raising billions in funding and what it could mean for the outlook for the tech company.
Persons: Plexo's Lo Toney Lo Toney Organizations: Plexo Capital
Plexo's Lo Toney weighs in on Reddit's partnership with OpenAI
  + stars: | 2024-05-17 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPlexo's Lo Toney weighs in on Reddit's partnership with OpenAILo Toney, Plexo Capital managing partner, joins 'Closing Bell' to discuss Reddit partnering with OpenAi for its search and app.
Persons: Plexo's Lo Toney, OpenAI Lo Toney, OpenAi Organizations: Plexo Capital
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRegulatory scrutiny makes it difficult for Google to respond to OpenAI search tool: Plexo's Lo ToneyHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Lo Toney, Brian Sullivan, Organizations: Google, CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMicrosoft and Alphabet demonstrated the current benefits of AI strategies: Plexo Capital's Lo ToneyLo Toney, Plexo Capital founding partner, joins 'Closing Bell' to discuss tech earnings this week from some mega caps and how AI will play into sector earnings.
Persons: Capital's Lo Toney Lo Toney Organizations: Microsoft, Plexo
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEveryone will be looking for AI this earnings quarter, says Plexo Capital's Lo ToneyLo Toney, Plexo Capital founding managing partner, joins 'Closing Bell' to discuss if earnings will deliver this quarter, how much investor hopes are riding on Nvidia, and the story with Apple this quarter.
Persons: Plexo Capital's Lo Toney Lo Toney Organizations: Plexo Capital, Nvidia, Apple
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailReddit surges in 3rd day of trade: Here's what it means for the tech IPO marketLo Toney, Plexo Capital founding managing partner, joins 'Closing Bell' to discuss Reddit's debut on the stock market, if there are blue skies ahead for the tech market, and more.
Persons: Lo Toney Organizations: Plexo Capital
Reddit CEO Steve Huffman hugs mascot Snoo as Reddit begins trading on the New York Stock Exchange (NYSE) in New York on March 21, 2024. Reddit shares were up 30% to $59.80 at the market's close on Monday. The social media company's stock has been rising ever since it went public last week and raised roughly $750 million from the IPO, of which the company brought in about $519 million. Reddit shares soared 48% when it began trading on the New York Stock Exchange under the stock ticker "RDDT," resulting in a number of moderators and users, known as Redditors, earning millions of dollars as a group. Reddit's IPO came the same week that Astera Labs shares skyrocketed 72% on the day that the data center hardware company made its public market debut on the Nasdaq.
Persons: Steve Huffman, Snoo, Sam Altman, Reddit, Lo Toney, Toney Organizations: New York Stock Exchange, Reddit's, Astera Labs, Nasdaq, Capital, CNBC Locations: New York
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPlexo's Lo Toney previews Microsoft's expected AI developments ahead of the 'Ignite' ConfereneceLo Toney, Plexo Capital founder, joins 'Closing Bell' to discuss Microsoft's expected reveal in AI developments at the 'Ignite' Conference.
Persons: Plexo's Lo Toney, Lo Toney Organizations: Plexo Capital
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPlexo's Lo Toney expects Nvidia and Meta to be the big earnings winners this weekLo Toney, Plexo Capital founder, joins 'Closing Bell' to discuss the mega-cap tech companies reporting earnings this week.
Persons: Plexo's Lo Toney, Lo Toney Organizations: Nvidia, Meta, Plexo Capital
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNetflix needs to invest in its ad-tier for incoming users that are price sensitive: Plexo's Lo ToneyHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Lo Toney, Brian Sullivan, Organizations: Netflix, CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAdvertising is driving growth for Instacart, says Plexo's Lo ToneyLo Toney, Plexo Capital founder, joins 'Closing Bell' to discuss the resurgence of the IPO market and more.
Persons: Plexo's Lo Toney Lo Toney Organizations: Plexo Capital
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple has never faced this many headwinds at once, says Plexo Capital's Lo ToneyPlexo Capital's Lo Toney joins 'Closing Bell' to discuss new EU regulation adding downward pressure to Apple's valuation, the credibility of AI's platform shift promise and a slowdown in global demand for smartphones.
Persons: Plexo Capital's Lo Toney, Capital's Lo Toney Organizations: Apple
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Cameron Dawson, Malcolm Ethridge and Lo ToneyCameron Dawson, NewEdge Wealth, CIC Wealth’s Malcolm Ethridge and Plexo Capital's Lo Toney, join 'Closing Bell' to discuss earnings, seasonality, opportunities in tech and the risk to the markets.
Persons: Cameron Dawson, Malcolm Ethridge, Lo Toney Cameron Dawson, Capital's Lo Toney
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPlexo's Lo Toney weighs in on Microsoft's big gains and A.I. chatbot pricingLo Toney, Plexo Capital founder, joins 'Closing Bell' to discuss Microsoft as the company's stock soars on announcing A.I. chatbot pricing.
Persons: Plexo's Lo Toney, Lo Toney Organizations: Plexo Capital, Microsoft
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe government will take A.I. regulation seriously after social media problems says Plexo's Lo ToneyPlexo Capital’s Lo Toney and Firstmark Capital’s Rick Heitzmann, join 'Closing Bell' to discuss the A.I. arms race, regulation and outlook.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Ann Berry and Lo Toney on a possible A.I. bubbleAnn Berry, Threadneedle Strategies founder and managing partner, and Lo Toney, Plexo Capital founding managing partner, join 'Last Call' to talk a potential A.I. bubble and how the tech is being discussed during earnings calls.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe are in 'A.I. bubble territory' due to 'lack of specificity', says Threadneedle's Ann BerryAnn Berry, Threadneedle Strategies founder and managing partner, and Lo Toney, Plexo Capital founding managing partner, join 'Last Call' to talk a potential A.I. bubble and how the tech is being discussed during earnings calls.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors are looking at the tech sector as 'safe haven' amid banking turmoil: Plexo's Lo ToneyLo Toney, Plexo Capital founder, joins 'Closing Bell ' to discuss whether tech stocks are set to rally or retreat amid market volatility.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Plexo Capital founder Lo ToneyLo Toney, Plexo Capital founder, joins the 'Halftime Report' with the investment committee to discuss the fallout from Silicon Valley Bank.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSVB was the cornerstone of tech companies for 40 years, says Plexo Capital's Lo ToneyLo Toney, Plexo Capital founder, joins the 'Halftime Report' to discuss the fallout from Silicon Valley Bank's closure.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Plexo Capital's Lo Toney on Big Tech stock and Section 230 caseLo Toney, Plexo Capital founding managing partner, joins 'Squawk Box' to discuss if the Supreme Court is ready to make a decision on Section 230, if tech companies should take responsibility for what's up on their site and how this question plays into the artificial intelligence space.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPlexo Capital's Toney: AI will ultimately fall under the guidance of Section 230Lo Toney, Plexo Capital founding managing partner, joins 'Squawk Box' to discuss if the Supreme Court is ready to make a decision on Section 230, if tech companies should take responsibility for what's up on their site and how this question plays into the artificial intelligence space.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAI is Microsoft's opportunity to go up against Google, says Plexo Capital's Lo ToneyLo Toney, Plexo Capital founder, joins 'Closing Bell: Overtime' to discuss Microsoft's big bet on artificial intelligence and what it could mean for its competition with Google.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPlexo's Lo Toney on top tech bets: Microsoft poised to bounce in 2023Lo Toney, Plexo Capital, joins 'Closing Bell: Overtime' to discuss opportunities in tech going into the new year.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPositive fashion trends have helped Nike give staying power, says Plexo Capital's ToneyLo Toney, Plexo Capital, joins 'Squawk on the Street' to discuss if there's something unique about Nike's footprint, the cycle Nike is currently in and potential acquisition targets.
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