Tyler Crowe

For today, on the docket, we're going to pull a question out of the mailbag that we're getting lots of responses for.

We're going to do what we're calling Tom's mystery box topic, because he's the guest of the honor today.

But first, we're going to start with the Magnificent Seven earnings, or specifically, four out of the seven.

Within the past 24 hours, or at least since we posted our last show, we've had

Alphabet, Amazon, Microsoft, and Meta all post results.

It's remarkable how the market seems to be playing this one of these things is not like the other right now.

Go up and down the press releases for all four of these companies and you more or less see the same thing.

Massive top and bottom line beats of analysts to the point where

Maybe Wall Street analysts are bad at their jobs.

You've got cloud revenue for all of these companies growing 20% to 30%.

All are raising capital spending plans for 2026.

Maybe not for the reason people were hoping, but big raises nonetheless.

Yet, the market reactions, we have Alphabet up 6%, Amazon's about down 1%,

Microsoft down 4%, and Meta down a whopping 10% as we're recording.

John, I'm going to go to you first.

As far as what you saw, these similar reactions across the board, what were some of the big themes across all four that you saw?

These have been walloping numbers.

As we were hinting at, this is hidden gem-style investing.

Looking at the Magnificent Seven, the most probably well-known companies in the world, there always can be some misunderstood or hidden aspects of what is with these companies.

Tom, I want to go to you and say, when you look at these four companies, differing reactions in the market for quarterly earnings, but on a long-term basis, they've all been incredible winners.