November 2, 2025 | AMZN, Daily JAM, GOOG, Jubak Picks, Mid Term, MSFT, Short Term, Top 50 Stocks |
No slowdown on plans for AI capital spending in earnings results this past week from Big Tech. Alphabet/Google (GOOG) said it was increasing what it planned to spend on A.I. data center projects this year by $6 billion, after spending nearly $64 billion over the past nine months. Microsoft (MSFT) said it had spent $35 billion in its latest quarter, $5 billion more than it had told investors to expect just a few months ago.
Amazon (AMZN) said it would be “very aggressive” in adding more data centers and would spend $125 billion this year-— and even more next year. Meta Platforms (META) raised its spending forecast to at least $70 billion by the end of the year, which would be nearly double what it spent last year. The stock market reaction wasn’t unalloyed joy. Investors seemed generally positive on spending plans from Alphabet, Microsoft, and Amazon. And skeptical of Meta’s strategy and spending.
August 6, 2025 | Daily JAM, Jubak Picks, MSFT |
Microsoft (MSFT) ended its fiscal year beating the top- and bottom-line estimates. For the fourth quarter that ended in June revenues came in at $76.4 billion, up 18.1% year over year and beating analyst estimates by $2.57 billion. Diluted EPS of $3.65 was up 23.7% year over year and beat analyst estimates by $0.27 a share. Operating margins came in strong at 44.9%, which represents an expansion of 180 basis points. The company also raised guidance. For Fiscal Year 2026 the company expects another year where revenues and operating income grow in the double-digits. Management projected Fiscal Year 2026 capital expenditures to moderate compared to fiscal 2025. Operating margins are expected to be flat year over year. But what’s especially impressive about the quarter to me is the balance between current growth and growth in the units that represent the company’s future.
August 5, 2025 | Daily JAM, GOOG, Jubak Picks, MSFT, Top 50 Stocks |
For the coming fiscal year, big tech’s total capital expenditure on AI is slated to balloon, leaving the total for 2024 in the dust. In total, the four tech companies will spend more than $400 billion on capex in the coming year, according to the Wall Street Journal.
July 8, 2025 | Daily JAM, Special Reports |
Going forward, I’m not all that interested in investing in the “old” Magnificent Seven. But I am interested in investing in a new “enhanced” Magnificent Seven that builds on and increases the exposure of these stocks to the market’s AI enthusiasm.
July 2, 2025 | Daily JAM, Jubak Picks, Long Term, MSFT, Top 50 Stocks |
Microsoft (MSFT) is laying off slightly less than 4% of its global workforce—around 9,000 workers—in another major round of layoffs.
June 5, 2025 | Daily JAM, Morning Briefing, MSFT |
n May Microsoft (MSFT) announced that it will cut more than 6,000 jobs; today it was Procter & Gamble’s (PG) turn. The company said it will cut up to 7,000 jobs, or approximately 6% of its global workforce, in the next two years as the maker of Tide detergent and Pampers diapers struggles to reduce costs in the face of tariff uncertainty and rising consumer anxiety.
June 4, 2025 | Daily JAM, Jubak Picks, MSFT |
On Monday Microsoft told another 300 employees that their jobs had been eliminated. These cuts come on top of the 6,000 jobs cut in May. As of June 2024, the company had about 228,000 full-time employees, 55% of whom were employed in the United States.
April 27, 2025 | Daily JAM, Morning Briefing |
This week’s quarterly earnings reports from Microsoft (MSFT), Apple (AAPL), Meta Platforms (META) and Amazon.com (AMZN) face high earnings expectations from Wall Street analysts. Analysts expect the Magnificent Seven-—which also includes Alphabet (GOOG), Tesla (TSLA) and Nvidia (MVDA)-—to deliver an average of 15% earnings growth in 2025. That expectation has barely budged since the start of March despite the uncertainty of the Trump tariffs. The four megacaps reporting this week collectively have a nearly 20% weighting in the Standard & Poor’s 500.
April 3, 2025 | Daily JAM, Special Reports, Volatility |
Today the Standard & Poor’s 500 fell 4.25%, dropping into a correction. The NASDAQ Composite dropped 5.43%, also into a correction. The small cap Russell 2000 lost 6.59%. We don’t have to search for the cause of todays drop: yesterday President Donald Trump announced tariffs with a global minimum rate of 10% and rates on individual U.S. trading partners that included a 20% tariff on the European Union and an additional 34% tariff on Chinese goods. The fear is that the tariff increases will set off a global trade war of retaliation, and that the tariffs will push the United States into either a recession or stagflation. Take your pick about which to fear more. So what do you do NOW? That’s the topic of this Emergency Special Report.
February 24, 2025 | Daily JAM, Jubak Picks, MSFT, Top 50 Stocks |
In a week when Nvidia’s upcoming earnings report has all eyes on AI stocks, Microsoft (MSFT) has canceled some leases for U.S. data center capacity, according to TD Cowen.
OpenAI’s biggest backer has voided leases in the US totaling “a couple of hundred megawatts” of capacity—the equivalent of roughly two data centers.
January 26, 2025 | AAPL, BA, Daily JAM, Jubak Picks, Morning Briefing, MSFT, T, Top 50 Stocks, XOM |
This week its earnings, earnings, and earnings. From the tech giants and more. This week, we’ll discover three things. First, are tech company earnings as good as the market clearly expects. I think that with the exception of Apple (AAPL) and Tesla (TSLA) the answer will be Yes. Second, how much of this good news is already priced into the recent rally. These stocks could retreat even on news that’s as good as expected. An advance will, I think, require a surprise or two. And, third, how worried is Wall Street really, given the recent boom in all things AI, about capital spending at the big AI companies and falling profit margins.
January 23, 2025 | AMZN, AVGO, CRM, Daily JAM, GOOG, MRVL, NVDA, Special Reports, TSM |
In 2025 you will want your portfolio fully weighted toward AI, ENERGY, and WEIGHT-LOSS DRUG stocks.
Not just any stock in those sectors, of course. All three sectors will be full of surprises and they won’t play out the way the conventional wisdom now believes. Some stocks in these sectors will do just okay as a rising tide lifts all boats. But some stocks will be GREAT. These winners could be the foundation for another great year for your portfolio. In fact, I expect that 2025 will be a tough year for an investor to make money even if stocks do finish higher. That’s because the year will be filled with more than the usual twists and turns designed make you sell on fear just when you should be holding on or even buying more. And don’t think that the year won’t include more than one of those moments rallies designed to suck you in at the top because–well, because you fear missing out. Yes, FOMO, fear of missing out will be alive and well in 2025. To do well in 2025, you’ll have to not only pick the hot trends, but also understand when that trend is about to zig zag and which stocks you’ll want to ride through all the noise and chaos. Giving you what you need for profits in 2025vis what this Special Report: 10 stock picks for the hottest sectors of 2025 is all about.And there’s no better sector to demonstrate the challenges of 2025 than Artificial Intelligence, the first of my hottest sectors for 2025. (The next two hot trends, energy and weight-loss drugs will follow in the next few days.)
