Alibaba Jumps After AI Budget Hiked Past $50 Billion, Jimmy Kimmel Returns | The Pulse 9/24/2025

Alibaba shares surged to their highest in nearly four years after revealing plans to ramp up AI spending past an original $50 billion-plus target, joining tech leaders pledging ever-greater sums toward a global race for technological breakthroughs. In the US, late-night host Jimmy Kimmel took a conciliatory tone in his return to TV Tuesday night, choking up at several points and saying โ€œit was never my intention to make light of the death of a young man,โ€ as he addressed the controversy about his remarks last week over the shooting of conservative activist Charlie Kirk.

Today’s guests: Johanna Kyrklund, Schroders CIO, Gareth McCartney, UBS Global Co-Head of Equity Capital Markets, Clemens Fuest, Ifo Institute President, Alex Ferrara, Bessemer Venture Partners

Chapters:
00:00:00 – The Pulse
00:02:03 – Trump Says NATO Should Down Russian Jets Breaching Airspace
00:07:27 – Powell Offered no Hints on October Cut
00:11:19 – Johanna Kyrklund, Schroders CIO
00:16:36 – Gareth McCartney, UBS Global Co-Head of Equity Capital Markets
00:25:01 – Clemens Fuest, Ifo Institute President
00:33:08 – Alex Ferrara, Bessemer Venture Partners
00:36:36 – Jimmy Kimmel Live! Returns to tv
00:36:57 – Kimmel Calls Kirk Murderer โ€˜Sickโ€™ as Trump Renews Attack
00:39:57 – Alex Ferrara, Bessemer Venture Partners
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