Clouded Judgement • 6 implied HN points • 01 Nov 24
- AI is becoming a big money maker for companies like Microsoft and Google. They're seeing huge increases in AI-related usage and revenue.
- Big tech companies are planning to spend a lot more on capital expenditures (CapEx) in the next year. This means they're investing heavily in technology infrastructure to support their growth.
- Interest rates have gone up recently, changing how investors view future growth. They're now expecting fewer rate cuts from the Federal Reserve.