This chapter explores the shift towards dividends in high growth tech companies such as Alphabet, Microsoft, and Meta, examining market responses to these decisions. It discusses the impact of significant CapEx investments in AI by Meta on investor sentiment and the company's future competitiveness. The dialogue also touches on the financial performances and strategic decisions of companies like Spotify, Snap, and Roku in diversifying revenue streams and tackling challenges in a competitive ad market.
We’re seeing consistently strong results this earnings season, but the market keeps looking forward. It loves Alphabet’s dividend and Tesla’s mass market ambitions, but is less sold on Meta commingling AI and the Metaverse.
(00:21) Andy Cross and Emily Flippen discuss:
- Chipotle’s stellar comps and future store growth opportunity.
- Why Tesla’s low-priced EV offering has investors overlooking down results.
- Alphabet getting in on the dividend game, and the market telling Meta – don’t spend on AI like that.
- What Spotify, Snap, and Roku have to say about the strength of the ad market for 2024.
(19:11) Emily and Andy break down two stocks on their radar: Tyler Technologies and Visa.
Stocks discussed: CMG, TSLA, GOOG, GOOGL, META, MSFT, SPOT, SNAP, ROKU, V, TYL.
Host: Dylan Lewis
Guests: Emily Flippen, Andy Cross
Engineers: Dan Boyd
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