Ed Ludlow

Search for Bloomberg Businessweek on YouTube, Apple, Spotify, or anywhere else you listen.

Ed points out.

Meanwhile, let's talk in video.

Still hasn't received any orders from Chinese customers.

We'll talk that next.

This is Bloomberg Tech.

Welcome back to Bloomberg Tech.

We're in it.

This is it, Mag7 earnings and the story, you know it.

Capital expenditures, how do they compare to growth directly from AI?

Well, in Meta's case, it was enough for the market to believe up by the most since July of last year, about 8%, Microsoft having a very hard day, biggest drop since

March of 2020, $400 billion of market cap shed and the reverse equation.

Tesla now lower, but it had been higher in the session.

A big capex number, the likes of which we've not seen before from that name.

Plenty of other earnings as well.

IBM posting revenue, topping estimates, surviving, doing good in this software environment that's difficult.

Comcast also moving to the upside on its earnings.

And

In Europe, this isn't that pretty, down 17%.

Again, challenging software environment.