Big Tech earnings are here—but investors may be looking at AI spending very differently this time. After a brief pause in Middle East tensions, oil prices are rising again, inflation fears are back, and markets are rotating away from the biggest AI winners. SK Hynix delivered record revenue and operating profit, yet its shares plunged after missing lofty expectations and reaffirming aggressive investment plans. The selloff spilled over to Samsung and the broader semiconductor sector, raising fresh questions about whether investors are still willing to finance the AI spending boom. With Microsoft, Meta, Amazon and Apple all reporting in the coming days, the focus is shifting from earnings growth to capital spending, free cash flow and margins.
Watch the full episode to find out more!
1:11 Rotation continues
3:39 Fed will announce policy verdict: bets diverge
5:06 SK Hynix tanks after a six-fold profit surge
7:33 Big Tech earnings next: focus will be on spending









