All these big tech firms are spending wildly to make sure they are the one on top at the end of it all. But whoever that ends up being there’s going to be one hell of a lot of fallout underneath them.
Why do you think there will only be one winner?
"Alphabet announced that its 2026 capital expenditures are expected to be $180-$190 billion, and that it expects 2027 capital expenditures to significantly increase [...] over the 12 months ended March 31, 2026, Alphabet generated $174 billion of operating cash flow"
Like how the early railroads or oil companies shook out and cost more than expected.
At least not yet.
There's not that much cash sitting around.
Something is gonna need to get sold to transfer into those assets.
Unless central banks are just going to print money to invest in these companies, I don't know who else is going to be able to take on enough debt to prevent massive sell offs somewhere for this.
It's not like ~$400B is pocket change...
(2) Middle east oil money (Saudi Aramco's profit every year is $100B+)
(3) Public traders have been and are looking to cycle out of other investments into higher growth areas.
It's easy as fuck for Google to raise this money because they are a money printing business. They are the most profitable company in the world, so for anyone this is basically the same as buying US debt.
Yes, but we are talking about liquidity not valuations...