Ed Elson

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...

Is there any relationship between what we're seeing in terms of the war in Iran and the broader impacts that that's having on the global economy versus big tech?

Or is big tech just completely insulated its own thing?

Are there any of these companies that stand out to you from a valuation perspective at this point?

Do these earnings maybe give any detail or color on how we should feel about the valuations?

Yeah, Microsoft really stands

What do you make of Microsoft, actually, the CapEx coming in lower than expected?