Halftime Report The Year's Stretch Run 10/31/25
Oct 31, 2025
Josh Brown, an experienced market commentator, and Jenny Harrington, a savvy portfolio manager, dive into the week’s monumental market movements. They dissect earnings from big names like Amazon and Meta, exploring CapEx strategies and investor skepticism. Josh highlights his top stock picks, emphasizing Ford and GM's surprising performance driven by consumer spending. Jenny shares insights on Fiserv's strategy amidst challenges. Expect engaging debates on market resilience and future earnings predictions!
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Episode notes
AI CapEx Shifted To Existential Spending
- Mega-cap AI spending accelerated into 2026, shifting from optional to existential for hyperscalers.
- That sustained CapEx momentum is the primary driver of this year's market leadership and rally.
Meta Faces Capital Discipline Scrutiny
- Meta's increased CapEx raises investor PTSD given past costly spending mistakes.
- Market will scrutinize Meta's capital discipline more heavily despite strong ad growth.
Buy Meta On Long‑Term Conviction
- Consider buying Meta for long-term thesis if you believe in its AI and ad monetization path.
- Use pullbacks as opportunities to add rather than selling on short-term underperformance.