Tyler Crowe

When you see these four companies, what are some of the hidden aspects

that you see, or perhaps the misunderstood parts, as you as an investor are looking at these and be like, these market reactions are probably not what I'm seeing when I see these massive growth in spending backlogs.

I want to drill down into something that you talked about with capital spending, over $600 billion for these four companies alone.

If we extend out to the whole Magnificent Seven universe, we're talking almost three-quarters of a billion dollars in annual capital spending on all of this.

All these companies raised their CapEx spending for the year, but

It wasn't because they're like, we need to build more.

A lot of what they were saying they're raising it for was the prices of things are going way up.

John, you mentioned in some of our show notes beforehand, memory costs are going way up.

But it's all the downstream effects that we're seeing, even down to the electricians that are doing the installations and stuff like that.

So,

I want to pose this to both of you.

I'll start with Tom, and then we'll go to John.

When you see these massive raises in capital spending, do you see that as risks for the big spenders or opportunities as investors in those downstream companies that are building out the AI infrastructure?

I would love to drill down into this a little bit more, but we actually have that in our mailbag later on the thing.

So coming up next, we're going to open up Tom's mystery topic of the day.

Obviously, since we have the CEO of The Motley Fool with us here today, we gave him guest honors and said, since you are the guest, we wanted to leave it open to you and say, what direction do you want to go in?

We'll really go unscripted, off the cuff.

Tom, what is the mystery topic of the day?

One of the things that I have noticed, in that similar vein that I've been following, if you watch the Consumer Sentiment Survey for, I don't know, probably...

maybe up until four or five years ago, or two or three, you could almost do an inverse correlation of consumer sentiment to gas prices.