AMAZON, GOOGLE, MICROSOFT, & META ON AI AND CAPEX

Summary from the TLDR Founders newsletter

The 10-year Treasury yield has risen significantly, from 3.7% to 4.3% in October, due to strong economic data, lowering expectations for near-term Fed rate cuts. Meanwhile, major tech companies like Microsoft, Google, Meta, and AWS are rapidly expanding their AI capabilities, driving substantial growth in AI-related revenues and capital expenditures, with all forecasting increased spending in 2025 to meet rising demand for AI infrastructure.