Downtown Josh Brown

Came out twice a year, like Santa Claus, and it was enough.

Remember Bank of America had $120 billion in mortgage bonds they were upside down in or something on their portfolio?

Yeah, right around the corner.

You don't want to be intermingled in a data center.

If you're a large corporation, you need your own situation, right?

Here are some of the myths that have been blown up in the last six weeks since Liberation Day.

The first myth is that there was going to be some CapEx slowdown because one of the hyperscalers was going to blink.

Nobody's blinking.

And at this point, they probably couldn't even if they wanted to.

The customer demand is what's fueling this, not the hubris of Satya Nadella.

It's what the customers are.

We need more compute.

It's not like one man's whim.

I want to keep spending.

They're being told that they need to keep spending or those workloads are going to go to someone else's cloud.

I mean, isn't that simple?

Yeah.

Okay.

I don't really hear the CapEx bearers anymore.

They kind of have gone away.