Bible 2Q25 – Hyperscale & Cloud: 2026 capex expectations up 19%, $3-4t...

Today, we are publishing the Hyperscale & Cloud section of our 28th Tech Infrastructure Quarterly Bible. The Tech Bible is a must-read for any tech investor, as it summarizes the quarterly earnings reports from the over 140 companies we track, providing an update on our key perspectives and convictions. In the coming weeks we will publish sections on Enterprise IT and Foundry. Hyperscale capex grew 70% YoY. Most raised 2025 guides, and confirmed sustained spending in 2026, lifting expectations....

Daily Views on Tech Headlines

Daily Views on Tech Headlines

While this feature will only be offered in select cities (for now), comes with several limitations (to protect drivers and users) and is unlikely to represent a significant share of payments, we believe this will increase transport accessibility and reflects the continued relevance of cash for cert

Wedbush Morning Call - Sep 08 2025 6:54AM

Market Poised for Additional Gains; Liquidity Still Fueling Growth

Could Broadcom XPUs ramp to 50% of infrastructure deployed by clients ...

Broadcom announced yesterday a $10bn AI rack order (likely OpenAI), for inference, and hinted growth could accelerate in 2027.

A closer look at chip purchases and installed bases And the relative ...

We are getting more questions about each company’s share of GPU purchases, and especially how it could impact capacity constraints at Cloud divisions (especially AWS).

Wedbush Morning Call - Sep 05 2025 7:07AM

Daily Views on Tech Headlines

Foxconn, NVDA: August sales suggest continued AI momentumView: While overall sales slipped slightly M/M, AI sales remained robust with Foxconn noting it saw customers pull in shipments and reiterating it expects rack shipments will increase 3X. We see this news as indicative that near-term momentum

Robotaxi App Now Available To US iPhone Users; Tops Free Travel App Li...

Daily Views on Tech Headlines

Daily Views on Tech Headlines

Wedbush Morning Call - Sep 03 2025 6:53AM

Alphabet (GOOGL, Buy, $235 target) Distribution deals, Chrome & Androi...

The Search remedies ruling is in and GOOGL (+7% after hours) and will be able to continue making third party distribution payments, which is the most important part of the ruling – see also AAPL +3%. GOOGL will also not be required to divest Chrome or (provisionally as sought by the DOJ) Android, nor will it be required to show choice screens or compel distribution partners to do so.

Government Folds Like Cheap Suit; Raising PT to $245

Daily Views on Tech Headlines

GOOGL/META/AMZN: Insights into AI Capex from Hot Chips 2025 and NVDA e...

GOOGL and META presented technical details of several AI investment projects earlier this week at the Hot Chips 2025 conference, and NVDA results provided insights into the AI infrastructure supply chain and continued capacity constraints.

The Great Replatforming, Part II – The General Theory. Could Jensen ju...

In a very timely manner, as Jensen just touted a $3-4tn Tech. Infra. market for 2030, we publish the second part of our “Great Replatforming” series, in which we look at how much AI investments the global economy can absorb over time. In the first part of the series, we showed how increasing capex should be analyzed as enablers of revenue growth and productivity improvements, and applied the framework to hyperscalers, showing how pushing capex intensity to new highs is easily financed by contin...

Daily Views on Tech Headlines

Daily Views on Tech Headlines