The Rise of AI in the Earnings Season

I've been tracking this earnings season, I mean, it's easy to look at how many mentions of AI there are on the earnings call. But what I find is more interesting or have found to be more interesting to look at is mentions of catbacks between Google or alphabet, meta and Microsoft 39 mentioned. So not only is AI not being monetized at the moment, it's actually costing them a lot of money because in all three of those cases, the companies warned that their capital investment costs are going to go higher as they invest in this opportunity. That means different cloud infrastructure essentially means more chips from Nvidia. And so far, it was another one. Stocks have had big runs