Looking to see if Meta AI can reach consumer scale, says Goldman Sachs' Sheridan

So, let's get more on Alphabet and Meta's Q3 results. Bring in Eric Sheridan. He's Goldman Sachs's co-head of tech media, telecom research, has a buy rating on both companies.Eric, let's start with Meta because uh the stock is getting hit pretty hard today on those capex numbers. You know, are you surprised and what do you make of it all. >> I'm not surprised by the initial reaction.I think this market right now is putting a premium on visibility into return uh on capital spend. So similar to the point you ...