MSFT faces negative impact from high capex due to chip depreciation hurting EPS and free cash flow.

Massive tech companies like Amazon, Google, McDougall, Meta are borrowing heavily to build data centers and finance artificial intelligence infrastructure.

Nvidia, Apple, Mr. softy Microsoft, Amazing Zon, Google, McDougall, SpaceX, Broadcom, Meta, Tesla, Masla, Micron, and Walmart, right? Those 11 companies right there.

Microsoft has capex problems. And remember, when we talk about these companies spending all this money on capex, it's not just, oh, they're spending so much money, so they can't do share buybacks.

They can't buy out other companies, things like that. It's they're spending so much money, you have to depreciate those chips over five to six years. So that hurts your earnings per share massively.

And your free cash flow goes bye-bye. And that's what everybody used to buy these stocks for. Everybody bought these stocks because it was like, these companies have the most insane free cash flow.

They buy back a ton of shares and their profitability just goes up and up and up. You can't you can't count on any of that now. It's gone the opposite way. So now your case is well revenue growth. Google McDougall capex problems.