Huge guide up in Capex. CFO Bret Johnsen says Dec quarter Capex of $35-$40B.
Street was at $19B. $SpaceX(SPCX.US) went up on the comment. Now up 5.2%. Was up 4% before the Capex comment. My take: Smart move. They have the demand. Also, good news for the AI trade that we are still early.Source: Gene Munster
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