$AMZN, $GOOGL, $MSFT and $META are all investing heavily in AI, and their earnings increasingly validate that demand is real, revenue is growing, and profitability is improving. But the biggest question for investors isn't whether AI will be transformative. It's whether the incremental earnings and free cash flow will ultimately justify the hundreds of billions being spent on infrastructure. My stance? I’m still bullish on these companies and continuing to buy, but I’m being more disciplined with my entry prices.
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