Chit Chat Stocks Meta, Microsoft, and Tesla; Silver/Gold and Dollar Debasement; Burry's Wild GameStop Pitch $GME
Jan 30, 2026
Deep dives into Microsoft, Meta and Tesla earnings and the heavy AI-driven CapEx behind them. A look at ASML’s dominance and the murky finances around the Musk empire. A long read on GameStop’s strange revival and small-cap chatter about Vital Farms. Silver and gold’s explosive moves and fears of dollar debasement round out the market speculation.
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AI CapEx Is Ballooning And Risky
- Microsoft reported a massive jump in CapEx and a huge increase in commercial remaining performance obligations, likely tied to OpenAI commitments.
- Investors worry CapEx could be overbuilt if AI partners burn cash or commitments fall through.
CapEx Surge Trumps Beat Reaction
- Microsoft’s CapEx jumped 89% year over year to roughly $30bn in one quarter, spooking investors despite strong revenue growth.
- The market fears this overbuild may not show adequate ROIC if AI demand or partner funding falters.
Big Tech Arms Race For AI Compute
- Meta and other big tech are also guiding to huge AI infrastructure spend, intensifying the arms race for compute.
- That collective push raises the risk of an industry-wide overcapacity cycle led by providers like TSMC and ASML.
