Big Tech earnings show how big, smart spending can be rewarded by the market

I am growing tired of the endless bubble talk about all of the data center spending. It's obvious from this quarter that the bubble talk has been proven wrong; try getting someone to say that, though. So, who do I think I am to go there? Just an observer. One who believes that this was the quarter where we realized that if you didn't spend, you were already behind the 8-ball. …