Getty Images Download this episode on Apple Podcasts, Spotify, or listen below: Much ado this morning about SpaceX (SPCX) earnings, will they merge with Tesla (TSLA)? Will Elon Musk take over the world? No, we don't talk about that, but we do talk about the implications of Starlink restrictions vis-a-vis Ukraine and Russia. We talk Microsoft (MSFT), some new Xbox news. Microsoft earnings also coming up next week. We get into that. Market reaction to SpaceX earnings and Tesla merger rumors Starlink restricti ...

AI stocks are selling off, and the reflex is to treat that as the market finally pricing in reality. Dan Ives, the longtime technology analyst who left Wedbush to launch Yorkville Ives, reads it the other way. By his estimate, less than 15% of total AI spending has actually happened. That number changes the question from whether the buildout pays off to which layer of it gets funded next, and that is a far more useful thing to be arguing about while the tape is red.Get NVIDIA alerts:Why the AI Spending Cycl ...

October 7, 2026 09:55 PM GMT Microsoft | North America Battle of the AI Stack: Built for a Multi-Model World A multi-model AI world plays to MSFT's full-stack strengths across Azure, Fabric, Foundry, and Copilot, w/ expanding monetization opportunities across the stack and Maia + Cobalt adding further differentiation over time. We come away incrementally more positive on MSFT as a key AI winner. Remain OW. Key Takeaways AI World Is Becoming Multi-Model… And That's Good for Microsoft. On the back of our rece ...