Anne Marie and Mike break down Google’s $13 billion quarterly AI spend. Can the search king find a way to make its AI investment profitable? The market doesn’t seem to think so.

We then bring you an earnings round-up covering LVMH, Dexcom, Chipotle Mexican Grill, and Universal Music Group. Luxury spending is decreasing, Dexcom gets rocked by poor sales, and UMG feuds with TikTok, but Chipotle is growing like gangbusters. Long live big burritos.

If you’re looking for international diversification, you’ll find it in Emmet’s latest Horizon pick.

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00:00 Intro

01:00 LVMH earnings, luxury crisis?

14:41 Google and AI Spend

26:05 Dexcom Disaster Quarter

32:32 Chipotle delivers great earnings

39:45 UMG

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