Vol. 257 Earnings Beat Expectations as Big Tech triples AI spend

This week, we talk to Florian Rubli, CFA (Equity Portfolio Manager), and Anita Colic (Equity Portfolio Manager), and break down the strong Q2 earnings season, with over 80% of S&P 500 companies beating expectations. We explore sector highlights, from booming financials to pressured consumer discretionary, and dive into Big Tech’s AI-driven growth. Microsoft, Amazon, Google, and Meta are spending billions on cloud and data centers, while Apple takes a slower, more deliberate approach. Despite strong results, market reactions remain cautious amid inflation, trade tensions, and geopolitical risks. Tune in for insights on what’s driving the market, and what might slow it down.