▶ 25:34 · $AMZN · AWS remains larger but Azure converging to 1A/1B competitive dynamic

episode briefing

Microsoft’s 18% Revenue Growth YoY, Meta’s AI Investments Weighing On Q2 Profits

2026-07-31 · 2 company · 3 thematic

sentiment

1 bull0 bear1 neu

speakers

Rishi Jaluria covers software and cloud infrastructure stocks at RBC Capital Markets. He provides detailed financial modeling and competitive analysis on Microsoft Azure, AWS, and Google Cloud, including CapEx dynamics, AI monetization, and enterprise adoption trends.

ron josey

Ron Josey is a managing director and senior internet analyst at Citi, covering Meta and the online advertising sector. He provided analysis on Meta's Q2 results, ad business strength, and AI infrastructure investment thesis.

quote

“I still think Amazon for the foreseeable future will be larger. But the kind of path I see is it's going to be instead of a number one, number two, it's going to be more of a 1A, 1B type of competitive dynamic between the two.”

—rishi jaluria

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