Alphabet (GOOG) Just Did Something We Haven’t Seen Since 1997

Lee Jackson: AI funding. It is all about AI and data center funding and things of that nature. The thing that is kind of scary about this, and you will remember this because you were around a generation ago on Wall Street while I was, is that the last company to do a 100-year bond was Motorola (NYSE: MSI) in 1997. That was just as the dot-com boom was starting to explode higher, which was obviously a harbinger of not good things to come. I thought that was interesting because I knew there were only one or t ...