Latest / The Financial Exchange Show
Google & Tesla Tank as Big Tech’s AI Spending Spree Rattles Markets
Chuck Zodda and Mike Armstrong break down a brutal Wall Street sell-off as Big Tech's massive AI spending spree finally catches up to earnings. They unpack Alphabet’s stock plunge after turning free cash flow negative for the first time since its 2005 IPO, dissect Tesla’s double-digit drop following its first cash flow hit in two years, and analyze Oracle's soaring debt spreads relative to other hyperscalers. Plus, a look at mounting global oil market stress from Red Sea tanker strikes and why Fed Chair Kevin Warsh might need to surprise the market with a rate hike to rein in long-term…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.