This is a departure from today’s morning submission, which you can apply To receive in a arrived mail every morning together with:
Since the last of the hyperscalers reported on a quarterly results, the market now has a complete look in the upcoming year of the largest players in AI except Nvidia (Nvda).
Entering the great technical earnings, investors wondered if the potentially “affordable” AI from Deepsek would undermine the story that these hyperscalers-alphabets, Microsoft, Meta and Amazon- uniquely positioned for a great victory in publishing records- breaking investment in new technology.
As early as entering this week, we had an answer.
The target (Target) almost doubled his consumption and Microsoft (Msft) took $ 56 billion from last year at $ 80 billion. Then on Tuesday, the alphabet (Goog,, Googl) Put $ 75 billion on the board.
And now, as our chart of the week shows, Amazon (AMZN) Entered a hit of 12 data with $ 105 billion. Summit a big -four -four list and you’ll get $ 325 billion, an increase of 46% compared to last year.
Clearly, these companies remain all in all. And if you listen to companies, they don’t build a “dream field” in the hope that demand will come – companies say they see demand.
“The vast majority of this Capex spending is on AWS,” Amazon CEO Andy Jassy said at the call of the company, noting that “we do not get it if we do not see significant demand signals.”
Still, how much do these investments actually make money The big question remains Answer this year – and how cagets are executed about this question can be an answer in itself. But as Jassy said, these are investments for the opportunity “once in life” and those who will make the shareholders “medium -term” long -term “.
Which, for now, Enough for Wall Street.
Ethan Wolff-Mann is an older editor at Yahoo Finance, guiding the newsletter. Follow it on x @ewolffmann.
