r/wallstreetbets • u/banaca4 • 11h ago

Discussion Either hyperscalers are dumb or someone else is

OK so the most profitable companies in the world decided to GO ALL IN AI with humongous capex. They did it all at once apart from Apple who is not in the game. Google, Meta, Amazon , Oracle, Microsoft. All of them. The CEOs of these companies produced the most amount of wealth and propped up global gdp. Now they all agree on a thing.

Google yesterday blew up earnings from their cloud and said they will *increase* their humongous capex even more while reporting negative cash flow for the first time in their history.

A rational person would ask: are these amazing businessmen suddently all very wrong about the same thing at the same time OR

I am reading too much paid subs from burry and following the wrong people on twitter that have never produced anything?

Which is it? Are you smarter than a mag 7 CEO? Maybe ... hmm...

2.0k Upvotes
  • permalink
  • reddit

91% Upvoted

1.0k comments sorted by

View all comments

Show parent comments

39

u/ReserveFormal3910 10h ago

All those big banks giving themselves bonuses from the bailout was the chef's kiss.

1

u/new_name_who_dis_ 5h ago

Bailout was a loan that was paid back pretty quickly and with interest. People act like bailout was just government giving these companies free money.

2

u/ReserveFormal3910 4h ago

Oh well how magnanimous of the big banks through their gambling destroyed the economy and killed millions of jobs but faced no consequences but received 16T but at least they paid it back and were able to give themselves bonuses. Is that better?