Dan Gallagher

They're making a lot of investments.

They're trying a lot of things.

It's hard to dismiss a company that has such a massive platform of people already using it for rides because the new players have to build a similar platform, and that takes a long time.

Well, most of it is, yes.

Especially with Google and what they said on their earnings call is like, yeah, the bulk of it goes to essentially the AI infrastructure.

And a lot of it goes to specifically the chips and the servers to power that.

They're in a race to build up AI services, get as much market share, getting users really accustomed to their AI platforms.

So for Google, you know, they have Gemini.

Gemini competes with ChatGPT and Cloud and these other kind of AI models.

Google wants as many users as it can using Gemini.

So they're going to build and invest in that because you need the AI infrastructure to power that and to grow the services.

Honestly, it's mixed because it depends on the day you ask that question.

We saw last week when Meta announced, they put out this really big CapEx number, this projection, but they also had really strong results.

And it was pretty clear AI was helping that business go up.

And so you saw the stock go up.

with Google, with Alphabet, you're seeing kind of the opposite.

The business is still strong.

It's like they showed a similar acceleration in their business and they put out a big CapEx number, but in the market reaction afterwards, everyone's kind of more keen on the CapEx number.

The other difference between the two is Metastock was way down before their earnings report because there was some other concerns about them and Google's has been up a lot.

And then you've had this week kind of this general over