$GOOGL · Bloomberg Intelligence sees accelerating Google Cloud growth justifying hyperscaler capex and driving estimate revisions

episode briefing

extracted intelligence

Bloomberg Tech

The AI Race, Starship and Silicon Valley's Defense Bet | Bloomberg Tech 7/20/2026

now viewing▶ 41:00

Bloomberg Intelligence sees accelerating Google Cloud growth justifying hyperscaler capex and driving estimate revisions

2026-07-20 · 4 company · 7 thematic

sentiment

4 bull0 bear0 neu

speakers

rob meyerson

Rob Meyerson founded Interlune to harvest helium-3 from the moon for quantum computing, with a terrestrial cold capture technology and $500M in purchase orders.

brett lindsay

Brett Lindsay leads industrial sector research at Mizuho, recently initiated coverage on SpaceX with an Outperform rating and $200 price target.

connor love

Connor Love joined a16z's American Dynamism team to invest in defense tech, energy, manufacturing, and space, drawing on his military background.

mandeep singh

Mandeep Singh covers tech infrastructure and AI capex for Bloomberg Intelligence, analyzing hyperscaler spending and custom silicon.

quote

“CLOUD REVENUE IS STILL THE KEY METRIC WHEN IT COMES TO HYPERSCALERS WHO ARE AT THE FOREFRONT OF CAPEX... WE ARE EXPECTING POSITIVE UPWARD REVISIONS JUSTIFIED BY ACCELERATING CLOUD GROWTH FROM THESE HYPERSCALERS... GOOGLE CLOUD IS GROWING F…”

—mandeep singh

now playing · $GOOGL

$INTERLUNEbullish· high· posrob meyerson

Interlune CEO says helium-3 shortage threatens quantum scaling; lunar harvesting and terrestrial cold capture offer solution

Helium-3 is essential for cooling quantum computers but supply from tritium decay has dried up; Interlune's cold capture technology can produce 2.5kg annually on Earth and plans t…

$SPCX···bullish· high· posbrett lindsay

Mizuho initiates SpaceX at Outperform with $200 target: Starship reusability unlocks Starlink and orbital data centers

Starship's rapid reusability is the key enabler for Starlink's connectivity business and future orbital data centers; near-term valuation hinges on Starlink execution and governme…

$ANDURILbullish· high· posconnor love

a16z's Connor Love: Anduril has massive runway in low-cost autonomy defense market

Defense tech is shifting to low-cost autonomy (10x cheaper, as performant), creating a massively large market; Anduril continues to solve new problems and partnerships like Archer…

$GOOGL···bullish· mediummandeep singh

Bloomberg Intelligence sees accelerating Google Cloud growth justifying hyperscaler capex and driving estimate revisions

Cloud revenue remains the key metric for hyperscalers; Google Cloud growing faster than Azure and AWS picking up, with positive upward revisions expected as AI workloads drive clo…