Australian Investors Podcast Big Tech earnings: Winners & losers, silver's 26% crash & Drew's falling knives
Silver just crashed 26% in THREE DAYS - from $170 to $126. Gold plummeted from $7,800 to $6,700 in a matter of days. Just last week everyone was asking Drew about adding silver to portfolios. This is why you don't chase hot thematics!
In this Australian Investors Podcast episode, Owen Rask and Drew Meredith dissect Big Tech earnings that shocked Wall Street:
Microsoft (MSFT) down 11% - Azure cloud revenue up 38% but growth slowing. Capital expenditures hit $37.5 billion (up 66%), exceeding estimates. The kicker? Net income boosted by $1.02/share from OpenAI investment, with a massive $250 billion OpenAI deal accounting for 45% of Microsoft's $625 billion backlog.
Meta (META) up 11% - Beat expectations with Q4 sales of $59.9 billion. Planning unprecedented AI spending: $115-135 billion capex in 2026 (up 87% from 2025's $72 billion). First AI tool not yet released!
Tesla (TSLA) - Capex more than DOUBLE last year's outlay and almost twice Wall Street expectations. Discontinuing Model S and Model X to make room for Optimus humanoid robots. Acquired preferred shares in xAI.
Apple (AAPL) record quarter - Revenue jumped 16% to $143.8 billion driven by iPhone 17 demand. China revenue up 38% to $25.5 billion. Services hit $30 billion (up 14%).
Owen and Drew launch their 2026 Navexa portfolio challenge, with Owen offering to get a TATTOO if 1,000 people beat his returns. Drew reveals his "falling knives plus data centre portfolio" strategy.
They've also taken over The Golden Times publication for retirees! Plus: Dr Deremith's interest rate call update, geopolitics impacting portfolios, and why Australian government debt-to-GDP hit 43.8% (up from 42.8%) while private debt dropped from 82% to 70% over 10 years.
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DISCLAIMER:
This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg
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