80 Seconds of Big Tech Earnings To Set Market’s Fate
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What is the main topic discussed in this episode?
Building a successful business is hard. Building one that lasts is even harder. The jobs market is tough. Industries are evolving. AI is advancing. How do you adapt and stay ahead? I'm James Reed, Chairman and CEO of Reed, and host of the All About Business Podcast. Every Monday, I sit down with founders, CEOs, and entrepreneurs who've built extraordinary businesses, the people who get things done. I ask them about the decisions that mattered, the risks they took, the mistakes they made, and what they'd tell you to do differently. Whether you're building a business, leading a team, or simply fascinated, By how successful people think. You'll hear honest conversations about the good, the bad, and the ugly of building something that lasts.
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Yeah. Bloomberg Audio Studios, Podcasts, Radio News. Bloomberg Tech is live from coast to coast. With Caroline Hyde in New York and Ed Lovelo in San Francisco.
This is Bloomberg Tech coming up. Microsoft, Meta, Google and Amazon all report earnings when the market closes. Blockbuster AI spending. But is there blockbuster AI sales growth?
Plus we continue to beat the earnings drum with the CEO of SoFi, which just released its own results that conversation later this hour.
And Elon Musk is set to continue testifying today in his suit against OpenAI and its co-founders, Sam Altman and Greg Brockman, over the startup's pivot from a charity to a for-profit business.
First, we talk about the businesses that are publicly traded, Ed, and actually some resilience coming from the Nasdaq 100. We're up 5 tenths percent. There is a wall of worry and anticipation today. We know that we have a Fed decision, not to mention the inflationary pressure of oil once again showing up today. There is uh, as we know, a standstill on the Strait of Hamous between the US and Iran. However, all fixated on one thing and one thing only. earnings.
Yeah, 4 pm Eastern Time, 1 pm Pacific Time. Some people, this calendar is scary. To others, it's deeply exciting. Four of the biggest technology companies with a big focus across all of them on capital expenditures, the spending on AI infrastructure in particular. But a lot of people now want to see something coming out the other side: growth. For three of those names: Microsoft, Alphabet, and Amazon, it's cloud growth. Simple. For meta, just overall revenues. advertising made better because of AI Carrot.
Yeah, what is the adoption of AI? What is the return on AI investment? We look at this with just a mere 80 seconds for the four tech juggernauts of Microsoft Alphabet Meta and Amazon to release results that will decide maybe the fate of this month's $5 trillion rally that we've seen on the SP. Let's get to Blue Mouse Carmen Reinicke to talk about the high-stakes trade heading into the bell today. Boy, just talk us around the 80 seconds, because we've never already seen these four behemoths all come at once.
Yeah, it's true. So if everything goes according to plan and everyone reports around the same time that they did last quarter, we're gonna get the four biggest hyperscalers reporting earnings in 80 seconds. That's a gonna be a flurry of you know excitement activity on our desk, especially. And what we're really looking for here is how investors are reacting to the the numbers that come out right at you know when they report earnings at these headlines. Top of mind, I Obviously, are gonna be capital expenditures and then how those are balancing out with revenue growth from AI and cloud growth for the companies you know that have large cloud businesses. And there's so much at stake here. I mean, these are the some of the biggest, you know, stocks in the S P 500, and options data is showing that there's $750 billion of market value sort of on the line tonight as investors.
You know, react to price swings.
Come and how the shares of these four companies react really matters for markets broadly.
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Chapters
4 chapters
1
What is the main topic discussed in this episode?
0:00–6:39
2
What are investors expecting from the big‑tech earnings of Microsoft, Meta, Google and Amazon?
6:39–11:29
3
How will the $600 billion of cap‑ex spending impact AI growth and cloud revenue?
11:29–16:31
4
Why is SoFi’s CEO Anthony Noto cautious about raising revenue guidance despite strong loan origination?
16:31–46:36
Speakers
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