Please login or sign up to post and edit reviews.
Big Tech Bets on “Overinvesting” - Publication Date |
- Aug 02, 2024
- Episode Duration |
- 00:40:31
Amazon, Alphabet, Microsoft, and Meta are all spending a ton of money to build out cloud capabilities to fuel the next phase of AI growth. But the market isn’t sold on that spend yet.
(00:21) Ron Gross and Matt Argersinger discuss:
- Why recent job numbers dramatically boosted the likelihood of a rate cut in 2024.
- Intel’s dividend cut, and what history has to say about companies that stop payments to shareholders.
- Why Apple and Meta are holding up well during a tough earnings season for big tech.
- Amazon, Microsoft, and Alphabet’s combined $45B in capital expenditures this quarter, and how investors should be thinking about this investment phase in AI.
(31:41) Ron and Matt break down two stocks on their radar: Designer Brands and MercadoLibre.
Stocks discussed: INTC, AAPL, META, AMZN, MSFT, GOOG, GOOGL, DBI, MELI
Host: Dylan Lewis
Guests: Ron Gross, Matt Argersinger
Engineers: Dan Boyd
Learn more about your ad choices. Visit
megaphone.fm/adchoicesThis episode could use a review!
This episode could use a review! Have anything to say about it? Share your thoughts using the button below.
Submit Review