All right, good Thursday morning. We made it almost from Yahoo Finance New York City headquarter studios. I'm Yo Finance executive editor Brian Saz.You can see the opening bells on Wall Street doing their thing. They're ringing and I have a powerp packed 30 minutes for you today. Fresh with the no BS analysis on big tech earnings from Microsoft, Alphabet, and Meta that you are craving.I think all three of these quarters reaffirm the bullish AI investment thesis and investors are going to have to just deal w ...

You know, Meta, I think, has the best track record of any company out there of taking a new product that people love and getting it to billions of people in terms of of usage. A lot of people use Meta AI today. I mean, as I said in my my comments up front, there's more than a billion people who use it on a monthly basis.And what we see is that um as we improve the quality of the model primarily of for post-training llama 4 at this point we are um we continue to see improvements in and usage. Um so our view ...

Hello and welcome to Morning Brief Market Sunrise. I'm Ally Canau live from Yahoo Finance's studios in New York City. It's Thursday, October 30th.Coming up on the show, President Trump calls his meeting with China's Xihinping amazing, announcing he'll cut fentanyl related tariffs in half as the two countries attempt a broader reset that also includes rare earth exports and soybean deals. But Beijing's readout left out key details, including any mention of semiconductors. We'll break down what that means for ...

Meta reported its Q3 earnings after the bell on Wednesday. And while they beat on revenue, they missed on earnings per share. Wall Street was expecting them to report earnings per share of $6.72%.They had a$15. Now, they say this is related to a tax charge one time, so it shouldn't be an ongoing issue. That's not why the stock is under pressure.The real reason appears to be the increase in capital expenditures. The company originally said that they were going to spend between 66 and 72 billion on capex in 2 ...

About Yahoo FinaListen and subscribe to Stocks In Translation on Apple Podcasts, Spotify, or wherever you find your favorite podcast. In this episode of Stocks in Translation, Guneet Dhingra, Head of US Rates Strategy at BNP Paribas, joins Senior Reporters Allie Canal and Brooke DiPalma to discuss the latest on the fed's decision to lower rates for the second time this year. What does this mean for investors? Twice a week, Stocks In Translation cuts through the market mayhem, noisy numbers, and hyperbole to ...

Market Analysis - Current high-value companies possess actual earnings, unlike the dotcom era's idea-based ventures [1] - These companies demonstrate viable business models and profitability [1] Company Fundamentals - Companies have earnings, business models, and profits [1]

Industry Evolution - Social media has transitioned through two phases: content from direct connections and the addition of creator content [1] - AI is poised to introduce a new wave of content creation and remixing [2] AI & Recommendation Systems - Recommendation systems are becoming increasingly valuable for understanding content and helping users achieve goals [2] - Meta is focused on establishing itself as a leading AI lab, building personal super intelligence [2] Meta's AI Initiatives - Meta Super Intelligence Labs has assembled a high-talent-density team [3] - The lab is actively developing next-generation models and products [3]

Financial Performance & Guidance - Meta's Q3 ad revenue showed strong growth, with Q4 guidance implying another 20%+ growth [2][3][8] - The company anticipates mid-teens topline growth for advertising in 2026 [8] - Capex is projected to be between $70 billion and $72 billion [3] - Investors are concerned about expenses and capex, seeking rationalization [2] Investment & Strategy - The company is investing in AI for both core and non-core businesses, including super intelligence [6][7] - Investors seek more concrete data on how Meta will monetize non-core areas [7] - The company's management believes there's a huge opportunity in AI that requires investment [9] - The company may need to have the option to pull back on capex if ROI is not satisfactory [10] Risks & Opportunities - Continued advertising growth at 15%+ into 2026 is crucial for maintaining a bullish outlook [13] - The company has significant earnings power, especially if investments are scaled back [13] - The company's glasses initiatives are viewed positively, while VR's mass market adoption is less certain [11]

Financial Performance - Microsoft's Q1 revenue reached $77.67 billion, exceeding the street's expectation of approximately $75.55 billion [1] - Q1 Azure and other cloud revenue experienced a growth of 39% [1][5] - Intelligent cloud overall revenue for Q1 was $30.9 billion, surpassing the street's estimate of $30.18 billion [1] - First quarter capital expenditures, including leases, amounted to $34.9 billion, an increase from $24 billion in the previous quarter [8] Market Dynamics and Investment - Analysts cited stronger enterprise tone and accelerating AI infrastructure demand from partners like OpenAI [4] - Microsoft holds a 27% stake in OpenAI's new for-profit public benefit corporation, valued at roughly $135 billion [4][16] - The market is described as fickle, with Microsoft's stock potentially reacting to expectations not being fully met despite strong performance [9][10] - AI contribution to Azure's growth is estimated to be in the low to mid-teens as a percentage of the total Azure business [13] Future Outlook and Guidance - Investors are awaiting forward-looking guidance from CFO Amy Hood on the earnings call [6][7] - AI is expected to be a bigger contributor to Azure's growth, with workloads shifting from training to inferencing and reasoning [15] - Microsoft having rights to AGI even post AGI until 2032 and research rights until 2030 or AGI whichever comes first [17]

Financial Performance - Alphabet Q3 revenue exceeded estimates, reaching $10235 billion [1] - YouTube ad revenue slightly better than expected, and overall Google ad revenue significantly better than expected at $7418 billion [2] - EPS beat expectations at $287 [2] - Google Cloud revenue at $1516 billion, exceeding the street's expectation of $1475 billion [6] Strategic Initiatives & Investments - Capex spend continues to ramp up to nearly $24 billion [1] - Full year capex expected to be $91 to $93 billion, up from the previously anticipated $85 billion, reflecting investment in AI data centers [6] - Google is seen as a clear AI winner in both advertising and Google Cloud Platform (GCP) [8] Market Dynamics & Competitive Landscape - Shares are up 6% in after-hours trading following the earnings release [3][7] - The stock had already rallied about 40% year-to-date heading into the report [5][7] - Analysts are super bullish, with some having price targets up to $300 a share [4] - Open AI poses a long-term risk to Google's core search business, but Google's AI overviews are driving increased search activity [4][10][11] - Larger platforms like Google, Meta, and Amazon are expected to continue to see good momentum in the digital ad market [16]