Amazon, Meta, Microsoft, Google, all reporting quarterly earnings in a 71 second window. And they're all telling the same story. AI demand is exploding and it's driving a massive spending race.Capex, that's the money going into data centers and chips. Microsoft's capex around $190 billion this year. Alphabet planning $180 to $190 billion.Meta raising its guide for capex to a range of 125 billion to 145 billion. and Amazon spending $44 billion in just one quarter and 151 billion over the past year on infrast ...

Amazon, Meta, Microsoft, Google, all reporting quarterly earnings in a 71 second window. And they're all telling the same story. AI demand is exploding and it's driving a massive spending race.Capex, that's the money going into data centers and chips. Microsoft's capex around $190 billion this year. Alphabet planning $180 to $190 billion.Meta raising its guide for capex to a range of 125 billion to 145 billion. and Amazon spending $44 billion in just one quarter and 151 billion over the past year on infrast ...