“Situational Awareness' Collapse, Big Tech Earnings & The Fed”
MSFT proves AI thesis via revenue growth outpacing costs and Azure acceleration; speaker holds and buys more.
You go look at Microsoft and Meta and Amazon. They're importing hundreds of billions of dollars of semiconductor equipment and telecom equipment and things of that nature. But Microsoft just posted $90 billion in quarterly revenue.
Their cloud business just hit a hundred billion in annualized revenue.