Big Tech earnings show a sector going industrial

Analysts didn’t even bother to hide their awe. In a note, Wedbush analysts wrote that this is “an AI Arms Race and what is fueling this next chapter of growth is Big Tech spending and that is NOT slowing down into 2026....which we view as a huge positive and validation moment for the AI Revolution bullish thesis.” Deutsche Bank analysts described Meta as “front-loading this investment cycle,” which might be why the stock fell as much as 13% in the morning after trading. Right now, the bottleneck isn’t talen ...