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Core Insights - Five major tech firms, referred to as the "Magnificent Seven," reported their earnings, marking a significant moment for the economic outlook of 2025 [1] Company Earnings - Apple (AAPL), Amazon (AMZN), Microsoft (MSFT), Google (GOOGL), and Meta (META) provided earnings reports that shed light on their performance during the ongoing AI revolution [1]

Core Insights - The overall sentiment regarding major tech companies like Amazon, Meta, and Microsoft is positive, with substantial growth reported despite rising expenses [1][2][3] - Earnings estimates for the S&P 500 are increasing, driven by strong performance from these companies, which collectively represent 25% of the index [2] Amazon - Amazon is experiencing a significant acceleration in AWS growth, reaching its highest growth rate in years, with expectations of continued strong performance [4][8] - The company is projected to spend approximately $125 billion this year on capital expenditures, the highest among its peers [10] - AWS's backlog has reached $200 billion, reflecting a 22% increase, indicating strong future business prospects [13] Meta - Meta's advertising revenue increased by 26%, with impressions up 14% and price per ad rising by 10%, suggesting effective monetization strategies [11] - Despite the positive metrics, there are concerns about the company's ROI compared to its spending, leading to a more cautious outlook [9][12] Microsoft - Microsoft has been added to the investment portfolio, with a focus on growth opportunities, particularly in AI and capital expenditures [3] - The company is expected to see substantial capital expenditures, contributing to the longevity of its AI initiatives [4] Industry Trends - A shift in sentiment regarding generative AI investments is noted, with a Wharton study indicating that 74% of enterprises investing in generative AI are seeing returns, contrasting with previous findings [6][7] - The overall capital expenditure from major tech companies is projected to reach around $400 billion this year, increasing to nearly $600 billion next year and $700 billion the following year, providing a strong tailwind for growth [4]

Let's bring in now our panel. High Tower Stephanie Link, a CBC contributor. So is Big Technologies Alex Canowitz.They're both here at Post 9. It's great to have you both with us. Um Steph, your your biggest takeaway from what you got this week as a shareholder in Amazon, as a shareholder in Meta, and now for the first time ever a shareholder in Microsoft.Welcome. >> Thank you. Well, expenses are going up, but we are also seeing substantial growth across every one of these companies.And earnings estimates af ...

LOGIN SUBSCRIBE | FastCo Works advertisement BY Associated Press Listen to this ArticleMore info 0:00 / 0:00 Amazon is leading the U.S. stock market on Friday to the finish of another winning week and month. The S&P 500 was virtually flat after giving up a modest gain from the morning. The index is still near its all- time high set on Tuesday, and it's on track to close a third straight winning week and a sixth straight winning month, which would be its longest monthly winning streak since 2021. The Dow ...

ANNOUNCER: "BLOOMBERG TECH" IS LIVE COAST TO COAST WITH CAROL I’M HYDE IN NEW YORK AND ED LUDLOW IN SAN FRANCISCO. CAROLINE: THIS IS "BLOOMBERG TECH. " APPLE AND TRILIO. WE’LL BREAK THEM ALL DOWN. AND NVIDIA C.E.O. JENSEN HUANG STILL HOPES TO SELL HIS CHIPS IN TAIWAN AND A FLURY OF DEALS. AND WE’LL TALK WITH MICHAEL INTRATOR AFTER A FAILED BID FOR SCIENTIFIC. WE CHECK IN ON THE MARKETS NOT QUITE AT A RECORD HIGH. BACK UP AND TO THE RIGHT WHEN IT BOB COSTAS ON THE DAY. LOOKING AT THE A.I. BUBBLE BACK IN FOCU ...

Key Takeaways Amazon Q3 earnings beat estimates by 23%, with shares jumping 13% on strong results.AWS revenues grew 20% year over year to $33 billion, though lagging Google and Microsoft growth.Net income surged 38% to $21.2 billion, boosted by $9.5 billion in pre-tax Anthropic gains.Amazon.com (AMZN) shares jumped more than 13% in extended trading on Thursday after the company delivered third-quarter 2025 earnings of $1.95 per share, which increased 36.4% from the year-ago quarter and beat the Zacks Consen ...

Core Insights - The current phase of growth in the tech industry is characterized by significant capital expenditures (capex) driven by the AI arms race, with major players like Microsoft, Amazon, Alphabet, and Meta heavily investing in infrastructure to support AI and cloud services [1][5][27] - The competition among Big Tech firms has shifted from abstract growth metrics to tangible infrastructure investments, with a focus on power, capacity, and physical assets [3][7][20] Company Summaries - **Alphabet**: Increased its projected 2025 capex to $91–93 billion, focusing on servers and networking gear, with analysts noting that its ad revenue growth supports this infrastructure investment [2][13] - **Microsoft**: Reported record revenue of $77.7 billion for the quarter, up 18%, with a backlog of $392 billion, showcasing its operational efficiency and strong demand for Azure services, which grew approximately 40% year over year [12][18][17] - **Amazon**: Achieved a 20% growth in AWS revenue, reaching $33 billion, and emphasized its strategy of acquiring energy contracts to support its infrastructure needs, which contributed to a 10% increase in its stock price post-earnings [6][19][14] - **Meta**: Announced plans to spend $70–72 billion in 2025, despite lacking a rentable cloud, indicating a commitment to infrastructure investment to catch up with competitors [4][27] - **Apple**: Continued to show strong performance in its services segment, with revenue climbing 15% to $28.8 billion, maintaining high margins even as hardware sales softened [25][27] Industry Trends - The cloud and AI sectors are converging, with companies now competing for control over infrastructure rather than just software capabilities, marking a shift in how dominance is measured in the tech industry [7][20] - The ad economy remains a crucial funding source for infrastructure investments, with significant revenue growth reported by Meta and Alphabet, indicating that traditional revenue streams are still vital for supporting new capital expenditures [22][21] - The competitive landscape among Microsoft, Amazon, and Alphabet is intensifying, with each company demonstrating strong growth and infrastructure commitments, leading to a more complex and competitive environment [16][19][27]

You've still got an outperform rating on the stock. You think the price could go higher from where we are currently, 10.8%. You see it hitting 300, Brad.Just talk us through what you liked in the numbers. Yeah. I think obviously the reacceleration to 20% on TWC in Q3 was like the headline critical metric they had to do.They did it. And so that that really got the stock going. And then I think as you think about going forward, they're getting this capacity deployed faster than we would have thought maybe a q ...

Joining me now to discuss how AI is reshaping advertising and the companies best leveraging it, Mark Douglas, CEO of Mountain. Mark, it's great to see you. >> You too. Great to see you.>> All right. So, how is how are you seeing the companies that you're dealing with taking advantage of the opportunities in AI. >> Well, I think when everyone thinks of advertising, they typically think of the ad.But what really underpins advertising is the who. who is the ad being delivered to. And so what has happened with ...