Ed Elson

Like, these are crazy numbers.

But based on the offer I was trading, I guess investors aren't that excited about it.

What do you make of these earnings and how the markets have reacted so far?

I mean, it seems as though you have to just bet on these companies, like just to sort of take a step back.

I mean, when I think about all of the things that we were kind of worried about, and we were worried about the AI build-out, and we were worried about the CapEx, and are they going to see the ROI on their investments?

And it seems as though we're getting to the point where it's just like, yeah, the ROI is there.

These businesses are growing at absurd rates.

And you don't really have a choice.

Like, you have to bet on these companies, which sort of adds to my confusion a little bit in some of those after-hours moves.

And I wonder if...

That will probably change maybe during the day, maybe during the rest of the week.

I mean, it's sort of a simple question.

I mean, how could you not bet on big tech at this point, at this stage in the game?

One of the things that we saw when we launched this war in Iran was a lot of these names fell.

I mean, basically, the markets as a whole fell, but a lot of that pain was seen among the tech companies.

And then they started to rebound.

It seems as though investors started to realize, like, this probably doesn't matter for these companies.

This is the first time where we've gotten to see what those impacts actually were.

It seems like there's been no impact.

I mean...