Scott

Und dann ist sein Stock um 13 Prozent hoch, weil die Leute immer sagen, okay, was ist ein defensiver Spiel? Was ist ein rezessionsbefugtes Stock? Und Microsoft bringt dir ein bisschen das Hühnchenbrot eines Technikunternehmens mit ziemlich gutem Wachstum. with the chocolate of a defensive company, right?

Because it really is, it's pretty well diversified, it's global, and it's hard to see how, other than impact on the global economy, how it can, you know, it would be really hurt versus an Amazon by the tariffs. I think it gets about half its revenues from overseas, whereas Amazon gets two-thirds of its revenues here. So it has both this recurring revenue stream of the largest

Because it really is, it's pretty well diversified, it's global, and it's hard to see how, other than impact on the global economy, how it can, you know, it would be really hurt versus an Amazon by the tariffs. I think it gets about half its revenues from overseas, whereas Amazon gets two-thirds of its revenues here. So it has both this recurring revenue stream of the largest

Because it really is, it's pretty well diversified, it's global, and it's hard to see how, other than impact on the global economy, how it can, you know, it would be really hurt versus an Amazon by the tariffs. I think it gets about half its revenues from overseas, whereas Amazon gets two-thirds of its revenues here. So it has both this recurring revenue stream of the largest

corporate recurring revenue based in history with Microsoft Office that I think, you know, 5,000 of the corporate 5,000 companies use. And then it has the rocket fuel of a nice AI overlay. So it benefits from probably some of this insecurity because it's seen as quality in what is arguably right now a flight to quality. Your thoughts?

corporate recurring revenue based in history with Microsoft Office that I think, you know, 5,000 of the corporate 5,000 companies use. And then it has the rocket fuel of a nice AI overlay. So it benefits from probably some of this insecurity because it's seen as quality in what is arguably right now a flight to quality. Your thoughts?

corporate recurring revenue based in history with Microsoft Office that I think, you know, 5,000 of the corporate 5,000 companies use. And then it has the rocket fuel of a nice AI overlay. So it benefits from probably some of this insecurity because it's seen as quality in what is arguably right now a flight to quality. Your thoughts?

I find the most interesting application of AI from a shareholder standpoint is actually pretty boring. And that is its meta's ability to increase the targeting of their products. So they are not only increasing their revenue. I think their revenue or the way they monetize their traffic has gone up. Their CPMs have gone up. Are they able to charge more?

I find the most interesting application of AI from a shareholder standpoint is actually pretty boring. And that is its meta's ability to increase the targeting of their products. So they are not only increasing their revenue. I think their revenue or the way they monetize their traffic has gone up. Their CPMs have gone up. Are they able to charge more?

I find the most interesting application of AI from a shareholder standpoint is actually pretty boring. And that is its meta's ability to increase the targeting of their products. So they are not only increasing their revenue. I think their revenue or the way they monetize their traffic has gone up. Their CPMs have gone up. Are they able to charge more?

But not only that, their AI, which feeds into the recommendation engine or the recommendation systems, contributed to a 35% increase in time spent on threads, 7% increase in time spent on Facebook. That's amazing. That's like getting younger people to watch MSNBC, right? If you can get more people to spend more time on Facebook, that's not easy at this point. 6% increase in Instagram. And then...

But not only that, their AI, which feeds into the recommendation engine or the recommendation systems, contributed to a 35% increase in time spent on threads, 7% increase in time spent on Facebook. That's amazing. That's like getting younger people to watch MSNBC, right? If you can get more people to spend more time on Facebook, that's not easy at this point. 6% increase in Instagram. And then...

But not only that, their AI, which feeds into the recommendation engine or the recommendation systems, contributed to a 35% increase in time spent on threads, 7% increase in time spent on Facebook. That's amazing. That's like getting younger people to watch MSNBC, right? If you can get more people to spend more time on Facebook, that's not easy at this point. 6% increase in Instagram. And then...

Wenn man sich das vorstellt, haben wir vor diesem Jahr erwartet, dass Meta die AI-Familie von 25 sein wird, weil sie die zweitgrößte Verkäufer von GPUs von Nvidia sind. Und ich persönlich, ich weiß nicht, ob ihr das bemerkt habt, habe gefunden, dass Instagram Reels immer mehr Zeit von TikTok für mich nimmt.

Wenn man sich das vorstellt, haben wir vor diesem Jahr erwartet, dass Meta die AI-Familie von 25 sein wird, weil sie die zweitgrößte Verkäufer von GPUs von Nvidia sind. Und ich persönlich, ich weiß nicht, ob ihr das bemerkt habt, habe gefunden, dass Instagram Reels immer mehr Zeit von TikTok für mich nimmt.

Wenn man sich das vorstellt, haben wir vor diesem Jahr erwartet, dass Meta die AI-Familie von 25 sein wird, weil sie die zweitgrößte Verkäufer von GPUs von Nvidia sind. Und ich persönlich, ich weiß nicht, ob ihr das bemerkt habt, habe gefunden, dass Instagram Reels immer mehr Zeit von TikTok für mich nimmt.

Und ich habe einen tangiblen Unterschied bemerkt in der Qualität des Algorithmus, des TikToks Algorithmus, um mir Content zu servieren, das relevant war. Und es fühlt sich an, als hätte Instagram Reels diese Fläche beendet. Und ich denke, das ist das Leveragen von AI und all diese Hin und Her und Nonsens zwischen Trump und China über das Bannen von TikTok, es nicht zu bannen.

Und ich habe einen tangiblen Unterschied bemerkt in der Qualität des Algorithmus, des TikToks Algorithmus, um mir Content zu servieren, das relevant war. Und es fühlt sich an, als hätte Instagram Reels diese Fläche beendet. Und ich denke, das ist das Leveragen von AI und all diese Hin und Her und Nonsens zwischen Trump und China über das Bannen von TikTok, es nicht zu bannen.

Und ich habe einen tangiblen Unterschied bemerkt in der Qualität des Algorithmus, des TikToks Algorithmus, um mir Content zu servieren, das relevant war. Und es fühlt sich an, als hätte Instagram Reels diese Fläche beendet. Und ich denke, das ist das Leveragen von AI und all diese Hin und Her und Nonsens zwischen Trump und China über das Bannen von TikTok, es nicht zu bannen.

Let's move on to Apple and Amazon. So Apple...