Closing Bell Closing Bell: Expectations Set Too High? 10/30/25
Oct 30, 2025
Alex Kantrowitz, founder of Big Technology, dives into the challenges mega-tech firms face in justifying their massive AI investments. Bryn Talkington, a portfolio manager, shares insights on capital expenditure and how investor patience is waning for Meta's heavy spending. John Kolovas provides a technical outlook for the S&P, discussing the implications of concentrated market gains and investor expectations. The panel also analyzes what's needed from Amazon and Apple as they navigate the competitive landscape ahead.
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Amazon Needs Measurable AI Growth
- Amazon must show clear growth numbers to justify AI spending and match investor expectations.
- Alex Kantrowitz says investors compare Amazon to Microsoft and expect similar AI-driven acceleration.
Meta's Build-It Strategy Shows Growing Pains
- Meta's heavy CapEx for AI is drawing investor punishment when results lag.
- Alex Kantrowitz warns the AI build-out will be bumpy and delayed in showing returns.
Cloud Diversifies AI Investment Payoff
- Companies with cloud businesses (Microsoft, Google) earn more investor patience for heavy AI spend than pure ad plays like Meta.
- Bryn Talkington highlights cloud and product diversity as a key differentiator.