I guess the Hyperscaler FCF - Capex Cut fears have passed. This is the 2 day rate of change relative to the SPX of equal weight Meta, Amzn, Googl and MSFT. They went from -15% YTD relative to SPX after GOOGL eps and now -2% YTD a week later.
I guess the Hyperscaler FCF - Capex Cut fears have passed. This is the 2 day rate of change relative to the SPX of equal weight Meta, Amzn, Googl and MSFT. They went from -15% YTD relative to SPX after GOOGL eps and now -2% YTD a week later.