Spencer Jakab
speaker
229 appearances
3 recordings
1 series
first heard Aug 2025
last heard 10 Sep
Spencer Jakab’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 2 in all, peaking in Sep 2026 with 1.
Appearances
It doesn't matter to me.
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What matters to me is how much I have when I am going to retire from the Wall Street Journal, not how much the thing moved around, as long as I can stomach that.
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And hiding the volatility does not help me.
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I mean, maybe it'll keep me from panicking and selling or something because people do tend to, on bad days for the stock market, unwisely transact and sell where they should just kind of
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lose their their password.
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Right.
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But but it it's really helpful to people not like you, not individuals.
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Right.
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Hey, listeners, it's Tuesday, August 5th.
I'm Spencer Jacob for The Wall Street Journal, and this is What's News in Earnings, our look at the broad themes that stood out in the latest earnings season.
So earnings season continues, but six of the companies that have been on everyone's minds, the Magnificent Seven, have shown us how they did in the last quarter.
And more importantly...
what they're planning to do with some of those billions of dollars in cash flow.
Heard on the Street writer Asa Fitch, who also co-authors the journal's new AI newsletter, is here to shed some light on their results and the capital expenditure bonanza.
So Asa, if my math is correct, the four hyperscalers, that's Amazon, Meta, Microsoft, and Google, whose parent is Alphabet, that are investing the most in AI infrastructure, all of them members of the Mac 7, plan to invest more than $300 billion this fiscal year and close to $400 billion in the coming 12 months, mostly on AI stuff.
What happened to being capital light?
It's running.
Yeah, they definitely did not seem shy.
Well, only one of the Mach 7 is yet to report, which is NVIDIA, and it's the prime beneficiary of this arms race, selling the chips that they all really need.
I mean, they're not the only one, but that they all need to power these data centers and run these models.
Showing 181–200 of 229 · page 10 of 12
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