AI Profits Surge, $70B Capex Splurge Rattles Investors: TBPN Diet Recap
Google, Microsoft, Amazon, and Meta are posting record AI-fueled earnings, but their $70 billion spending spree on infrastructure is making Wall Street uneasy. TBPN’s hosts dig into the numbers, the real risks, and why…
- Hyperscalers’ AI capex surge is both a sign of confidence and a source of investor anxiety.
- AI is automating tasks, not entire jobs, and is strengthening incumbents’ positions.