Sanmeet Deo

And AI assists them with that business and enhances it.

So sometimes you can't parse it out as easily with Meta.

So they'll be reporting on the holiday ad spend, where there's still big spend from Chinese exporters like Tim and Sheen.

Did AI improvements, you know, capture more of the...

kind of holiday e-commerce budget, obviously monetization.

And then the thing that sometimes sticks out is the reality lab losses.

It might be a $4 to $5 billion quarterly loss that we'll see in what was their metaverse division and what's going on with that.

Sometimes weighs down on the stock and what people perceive of why do they spend so much money and what's going on with that.

But I'm positive on meta in terms overall, long-term.

Yeah.

Yeah, you know, Microsoft's stock has also underperformed the market by about 8.6% over the last year.

And Microsoft strikes me as one of the more

broader companies in the tech space, at least in terms of some of the ones we've been talking about.

Things we'll be looking at is Azure, their cloud services businesses.

In quarter one, it grew about 40%.

The whisper number on Wall Street is looking for this to kind of hold steady or slightly accelerate.

If we see any drop in low 38 or 39%, that could severely punish the company.

Microsoft 365 Copilot, that's their big AI initiative.

Seeing how it's being adopted and what the adoption curve is on that will be interesting to see as we kind of, our enterprise is moving from pilot programs to full deployments.

Where's the growth in commercial Office 365 seats and revenue per user to gauge all of this.