Big Tech Between Celebrating and Punishment: Here's Where Investors Should now Jump In After the $725 Billion Night!

It was the most expensive earnings night in economic history. On April 29, Alphabet, Meta, Amazon , and Microsoft opened their books within a few hours – and jointly unveiled an investment plan that envisions up to $725 billion in AI infrastructure by 2026. The reaction from Wall Street was surprisingly nuanced. The time when every capex dollar was reflexively celebrated is over. The winner is Alphabet . The stock jumped six to seven percent in after-hours trading after Google Cloud dominated the quarter with 63% growth. With a backlog of $462...