▶ 1:21 · $MSFT · Microsoft Wins, Meta Faces Questions, Qualcomm Sees Supply Chain Challenges | Bloomberg Tech

episode briefing

Microsoft Wins, Meta Faces Questions, Qualcomm Sees Supply Chain Challenges | Bloomberg Tech

2026-07-30 · 11 company · 20 thematic

sentiment

7 bull3 bear1 neu

speakers

Host of the podcast (Long Strange Trip). Previously worked at PTC in the 1990s. Built HubSpot through 'founder mode' flat organization. Experimented with eliminating org charts/titles 4 years in but reverted due to lack of intelligence systems. Now exploring 'Dorsey mode' AI-centered organization.

karan kunjur

CEO of K2 Space, building high-power satellites for orbital compute and communications infrastructure.

cristiano amon

Led Qualcomm's diversification from smartphones into automotive, PC, and now data center compute; architect of $40B non-smartphone revenue target.

gabriella borges

Senior equity research analyst covering Microsoft, maintains buy rating with $640 price target.

riley griffin

Leads Bloomberg's coverage of Meta; highlighted 28% revenue growth vs 55% expense increase and lack of clarity on AI revenue lines.

shweta

Wolf Research managing director analyzing internet sector, provided breakdown of Meta earnings.

quote

“HIGHEST CLOUD GROWTH IN YEARS. MODERATING SPENDING... THERE WERE A COUPLE OF INTERESTING DYNAMICS WHEREIN YOU TAKE SOMETHING LIKE GITHUB FOR EXAMPLE. THAT'S NOW PROVED TO BE ABLE TO BE MONETIZE IN A CONSUMPTION BASIS SUCH THAT CUSTOMERS GE…”

—gabriella borges

now playing · $MSFT

$MSFT···bullish· mediumgabriella borges

Goldman Sachs raises Microsoft PT to $640 on cloud growth and Copilot monetization

Microsoft delivered highest cloud growth in years with moderating capex, while GitHub Copilot's consumption-based monetization and 30M Copilot users (up from 20M) prove the AI mon…

$META···bearish· mediumriley griffin

Meta expenses surge 55% as AI spending outpaces core business funding capacity

Meta's 28% revenue growth to $60B is overshadowed by 55% expense growth; the advertising business cannot fund the AI arms race alone, and investors lack visibility on when new rev…

$META···bearish· mediumshweta

Wolf Research sees Meta needing $50-100M+ capital raise as FCF hits 2022 lows

Meta's 2025 capex of $230-260B exceeds ~$200B operating cash flow, likely requiring a capital raise or partnerships; regulatory risk from US states and EU adds ongoing overhang be…

$META···bearish· mediumshweta

Meta faces skepticism on AI spend as expenses surge 55% with unclear monetization path

Meta's core advertising grows 28% but expenses jumped 55% with limited clarity on new revenue lines from AI. Operating cash flow (~$200B) may not cover projected $230-260B capex n…

$ARM···neutral· mediumunknown

Rothschild calls ARM print pedestrian; data center royalties too small to move needle

ARM remains overindexed to mobile handsets where memory cost inflation is hurting unit volumes; data center royalties are doubling but at $0.50-1 per chip versus $180 for competit…

$AMZN···bullish· mediumryan

Amazon expected to deliver Microsoft-like AWS read with clear AI efficiency gains in logistics

AWS remains cloud leader and should show similar positive capex justification as Microsoft, with concrete examples of AI driving warehouse/logistics efficiency and improved profit…

$AAPL···bullish· mediumryan

Bloomberg equities frames Apple as 'AI safety trade' avoiding capex and disruption risks

Apple is uniquely positioned as an AI hedge: it avoids massive capex spending, isn't disrupted by AI software, and its hardware dominance lets it absorb memory cost inflation bett…

$K2-SPACEbullish· highkaran kunjur

K2 Space raises $500M at ~$7B valuation for high-power satellites enabling orbital compute

K2's 20kW satellites (scaling to 100kW) at $15M each vs $1B traditional satellites unlock orbital data center economics; $1B in contracted revenue (including Golden Dome) and top-…

$QCOM···bullish· highcristiano amon

Qualcomm CEO: Handset down 20% on memory shortage not demand; $15B data center target by 2029

Smartphone market declining 20% through 2027 due to memory supply constraints (not demand), creating $1.50 EPS headwind that reverses when normalized; Qualcomm is executing a tran…

$MODULARbullish· mediumcristiano amon

Qualcomm acquires Modular for open AI platform spanning edge to cloud

Modular's team (Chris Lattner - LLVM/Swift/Tesla Autopilot) builds an open AI software platform that scales from edge to cloud, solving Qualcomm's data center software credibility…

$AAPL···bullish· mediummark gurman

Gurman: Tim Cook's final earnings call hands Ternus a layup with iPhone cycle and price hikes

Apple will beat $109B revenue expectations; memory headwinds offset by strategic price increases that protect margins while fall product demand drives revenue growth; iPhone remai…

←

▶ 1:21 · $MSFT · Microsoft Wins, Meta Faces Questions, Qualcomm Sees Supply Chain Challenges | Bloomberg Tech

episode briefing

Bloomberg Tech

Microsoft Wins, Meta Faces Questions, Qualcomm Sees Supply Chain Challenges | Bloomberg Tech

2026-07-30 · 11 company · 20 thematic

sentiment

7 bull3 bear1 neu

speakers

ryan

karan kunjur

CEO of K2 Space, building high-power satellites for orbital compute and communications infrastructure.

cristiano amon

Led Qualcomm's diversification from smartphones into automotive, PC, and now data center compute; architect of $40B non-smartphone revenue target.

gabriella borges

Senior equity research analyst covering Microsoft, maintains buy rating with $640 price target.

riley griffin

Leads Bloomberg's coverage of Meta; highlighted 28% revenue growth vs 55% expense increase and lack of clarity on AI revenue lines.

shweta

Wolf Research managing director analyzing internet sector, provided breakdown of Meta earnings.

quote

“HIGHEST CLOUD GROWTH IN YEARS. MODERATING SPENDING... THERE WERE A COUPLE OF INTERESTING DYNAMICS WHEREIN YOU TAKE SOMETHING LIKE GITHUB FOR EXAMPLE. THAT'S NOW PROVED TO BE ABLE TO BE MONETIZE IN A CONSUMPTION BASIS SUCH THAT CUSTOMERS GE…”

—gabriella borges

now playing · $MSFT

$MSFT···bullish· mediumgabriella borges

Goldman Sachs raises Microsoft PT to $640 on cloud growth and Copilot monetization

Microsoft delivered highest cloud growth in years with moderating capex, while GitHub Copilot's consumption-based monetization and 30M Copilot users (up from 20M) prove the AI mon…

$META···bearish· mediumriley griffin

Meta expenses surge 55% as AI spending outpaces core business funding capacity

Meta's 28% revenue growth to $60B is overshadowed by 55% expense growth; the advertising business cannot fund the AI arms race alone, and investors lack visibility on when new rev…

$META···bearish· mediumshweta

Wolf Research sees Meta needing $50-100M+ capital raise as FCF hits 2022 lows

Meta's 2025 capex of $230-260B exceeds ~$200B operating cash flow, likely requiring a capital raise or partnerships; regulatory risk from US states and EU adds ongoing overhang be…

$META···bearish· mediumshweta

Meta faces skepticism on AI spend as expenses surge 55% with unclear monetization path

Meta's core advertising grows 28% but expenses jumped 55% with limited clarity on new revenue lines from AI. Operating cash flow (~$200B) may not cover projected $230-260B capex n…

$ARM···neutral· mediumunknown

Rothschild calls ARM print pedestrian; data center royalties too small to move needle

ARM remains overindexed to mobile handsets where memory cost inflation is hurting unit volumes; data center royalties are doubling but at $0.50-1 per chip versus $180 for competit…

$AMZN···bullish· mediumryan

Amazon expected to deliver Microsoft-like AWS read with clear AI efficiency gains in logistics

AWS remains cloud leader and should show similar positive capex justification as Microsoft, with concrete examples of AI driving warehouse/logistics efficiency and improved profit…

$AAPL···bullish· mediumryan

Bloomberg equities frames Apple as 'AI safety trade' avoiding capex and disruption risks

Apple is uniquely positioned as an AI hedge: it avoids massive capex spending, isn't disrupted by AI software, and its hardware dominance lets it absorb memory cost inflation bett…

$K2-SPACEbullish· highkaran kunjur

K2 Space raises $500M at ~$7B valuation for high-power satellites enabling orbital compute

K2's 20kW satellites (scaling to 100kW) at $15M each vs $1B traditional satellites unlock orbital data center economics; $1B in contracted revenue (including Golden Dome) and top-…

$QCOM···bullish· highcristiano amon

Qualcomm CEO: Handset down 20% on memory shortage not demand; $15B data center target by 2029

Smartphone market declining 20% through 2027 due to memory supply constraints (not demand), creating $1.50 EPS headwind that reverses when normalized; Qualcomm is executing a tran…

$MODULARbullish· mediumcristiano amon

Qualcomm acquires Modular for open AI platform spanning edge to cloud

Modular's team (Chris Lattner - LLVM/Swift/Tesla Autopilot) builds an open AI software platform that scales from edge to cloud, solving Qualcomm's data center software credibility…

$AAPL···bullish· mediummark gurman

Gurman: Tim Cook's final earnings call hands Ternus a layup with iPhone cycle and price hikes

Apple will beat $109B revenue expectations; memory headwinds offset by strategic price increases that protect margins while fall product demand drives revenue growth; iPhone remai…