The five largest US tech stocks — Apple, Microsoft, Alphabet, Amazon, and Meta — have dropped between 6 and 8 percent in the last five trading days, wiping out hundreds of billions in market cap. Yet their earnings reports this quarter showed double-digit revenue growth and expanding margins. Lucas and Luna dig into the disconnect, focusing on two specific forces: a quiet repricing of long-duration assets as the ten-year Treasury yield pushes higher, and a rotation out of mega-cap tech into value and small-cap stocks. They reference recent moves by Berkshire Hathaway, which trimmed its Apple position, and the broader market data showing the S&P 500 equal-weight index outperforming the cap-weighted version for the first time in months. The episode also covers a new report from Goldman Sachs estimating that the so-called 'Big Six' now trade at a price-to-earnings premium of 35 percent above the rest of the market, down from 60 percent in February. No panic, no hot takes — just the mechanics of what's happening and why it matters for portfolio thinking in mid-2026.

#BigTech #StockMarket #TechStocks #Apple #Microsoft #Alphabet #Amazon #Meta #NVIDIA #BerkshireHathaway #TreasuryYield #ValueStocks #SmallCaps #GoldmanSachs #Investing #Business #Finance #FexingoBusiness #BusinessPodcast

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Lucas and Luna break down the biggest strategic shift in Big Tech since the move to mobile: designing custom chips for AI workloads. With NVIDIA's dominance pushing costs higher, Apple, Google, Microsoft, and Amazon are pouring billions into silicon design. Lucas explains why Apple's M-series was just the beginning, how Google's TPU saved them billions in cloud costs, and why Microsoft is now building its own AI chip. They also look at the numbers: Alphabet is down 5.1% in the past week, and NVIDIA's 2.8% dip hints at market nervousness. Luna asks whether vertical integration in chips will really pay off or if these companies are overreaching. A tight look at the hardware race driving the next decade of computing.

#BigTech #CustomChips #AppleSilicon #GoogleTPU #Microsoft #Amazon #NVIDIA #AIHardware #VerticalIntegration #Semiconductors #Alphabet #CloudComputing #Technology #BusinessPodcast #FexingoBusiness #TechStrategy #Podcast #Fexingo

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Today, June 24, 2026, a new website launched that publicly shames companies still not offering passkeys. Lucas and Luna explore why Apple, Google, and Microsoft have championed passkeys for years yet adoption remains patchy. They break down the technical friction, the business incentives that slow rollout, and what the shaming site reveals about the gap between Big Tech's standards and actual user experience. Along the way, they look at how Microsoft's stock is down 3.5% in the past five days while Apple has only slipped 1% — and discuss whether investor patience with security transitions is wearing thin. A specific, grounded conversation about one of the most quietly important shifts in digital identity.

#Passkeys #FIDO2 #Apple #Google #Microsoft #Cybersecurity #DigitalIdentity #TechStandards #OnlineSecurity #Passwordless #WebAuthn #BigTech #FexingoBusiness #BusinessPodcast #Technology #Podcast #June242026 #AdFree

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All five mega-cap tech stocks are down this week—Alphabet off 7.3%, Meta down 6.3%, Microsoft dipping 5.1%. But Lucas argues this sell-off isn't the usual rotation out of growth. Instead, it's a market pricing in that the AI capex cycle might be peaking. He points to three signals: hyperscaler capex guidance tightening, NVIDIA data center sales growth rate slowing, and the rising cost of capital for data center construction. Luna asks whether this is a buying opportunity or a structural shift. Lucas says it's neither panic nor dip-buying time—it's a repricing of how much AI dominance is worth. He walks through the math on a typical AI data center deal and explains why the 'free cash flow yield vs. capex' ratio matters more than P/E right now. A data-driven take on whether Big Tech's AI spending is overdone.

#BigTech #TechStocks #StockMarket #AISpending #CapexCycle #Alphabet #Microsoft #Meta #Amazon #Apple #NVIDIA #DataCenters #InvestmentStrategy #MarketAnalysis #Technology #FexingoBusiness #BusinessPodcast #TechPodcast

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On this episode of The Big Tech Podcast, Lucas and Luna explore how Apple, Google, and Meta are repurposing user data to train next-generation AI models. With Apple's new on-device learning framework, Google's federated analytics, and Meta's social graph mining, the hosts discuss the privacy trade-offs and the race for high-quality training data. They reference recent market moves and headline news, including Meta's prediction market ambitions and Anthropic's Slack integration. The episode also touches on the LastPass and Klue data breaches as cautionary tales. Tune in for a specific, data-driven look at how your clicks and keystokes are fueling the AI boom.

#Apple #Google #Meta #AITraining #UserData #Privacy #FederatedLearning #OnDeviceAI #Anthropic #ClaudeTag #LastPass #Klue #DataBreach #PredictionMarket #MarkZuckerberg #BigTech #FexingoBusiness #BusinessPodcast

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Microsoft, Google, and Apple are all building new operating system layers designed specifically for AI inference — not just adding AI to existing OSes. Lucas and Luna explore why this matters, with a focus on Microsoft's internal project 'Cobalt' and its implications for the Windows ecosystem. They discuss the technical reasons (latency, memory management, security), the business motivations (keeping developers on-platform), and what it means for users. Packed with specifics on kernel changes, API hooks, and how this differs from Apple's on-device approach. No hype, just the architectural shift underway.

#Microsoft #Google #Apple #AI #OperatingSystems #Cobalt #Windows #Android #iOS #Inference #Kernel #DeveloperEcosystem #Technology #BigTech #FexingoBusiness #BusinessPodcast #TechStrategy #AIInfrastructure

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In this episode of The Big Tech Podcast, Lucas and Luna examine the quiet but significant shift in how Apple and Google are redesigning their mobile operating systems and hardware to put AI experiences front and center. With Microsoft and Meta investing heavily in cloud-based AI, Apple and Google are taking a different bet: on-device AI that runs directly on your phone. Lucas breaks down the technical and strategic reasons behind this divergence, from privacy advantages to the need for real-time responsiveness. He also looks at the market data showing Microsoft's stock down over 8% in the past week, partly due to investor skepticism about its massive data center spending. Luna asks the tough question: can on-device AI truly compete with cloud-powered models like GPT-5 and Gemini Ultra? Tune in for a focused look at how the smartphone giants are trying to win the AI race on their own terms.

#Apple #Google #AI #OnDeviceAI #Smartphone #iOS19 #Android16 #A18Pro #TensorG5 #Privacy #LLM #TechStrategy #AIHardware #MobileAI #BigTech #FexingoBusiness #BusinessPodcast #Technology

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Apple, Google, and Meta are turning millions of consumer devices into lidar-quality 3D scanners — without asking permission. Lucas unpacks how Apple's LiDAR-equipped iPhones, Google's ARCore depth API, and Meta's Project Aria are generating high-fidelity spatial maps of indoor and outdoor environments worldwide. The data is powering everything from AR glasses to autonomous vehicle training, but privacy advocates are raising alarms. Luna pushes back on whether users truly understand what their phones are capturing. Specific numbers: Apple has shipped over 300 million LiDAR-equipped iPhones since 2020. Google's ARCore now runs on more than 1.5 billion devices. Meta's Aria glasses have logged over 100,000 hours of first-person video. The episode explores the trade-offs between spatial intelligence and surveillance.

#3DMapping #SpatialComputing #Apple #Google #Meta #LiDAR #ARCore #ProjectAria #Privacy #AugmentedReality #ComputerVision #BigTech #ConsumerDevices #DataCollection #Technology #BusinessPodcast #FexingoBusiness #Fexingo

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Lucas and Luna break down a quiet but massive shift underway at Apple, Google, Meta, Amazon, and Microsoft: building a new internet backbone optimized for AI inference rather than just search and video. They use the recent launch of Apple's iOS 27 — which brings on-device inference to every new iPhone — as a concrete example. They point out that Microsoft's stock is down nearly 3% in the last five days amid questions about its $100 billion+ infrastructure spend, while Apple is up 2.4% as investors buy into the 'edge AI' story. The hosts explain what inference infrastructure actually is, why it's different from the training data center boom of 2023-2025, and why every Big Tech company is racing to build local inference chips and tiered cloud networks. They also touch on the geopolitical angle: with China's robotaxi dominance and the Trump administration's crackdown on Anthropic, controlling the inference layer is becoming a national security priority. No hot takes — just the specific engineering, economic, and strategic logic behind the biggest infrastructure buildout you haven't heard about.

#BigTech #Apple #Microsoft #Google #Amazon #Meta #AIInference #iOS27 #EdgeAI #InferenceInfrastructure #DataCenters #CloudComputing #Semiconductors #TechInfrastructure #Technology #Business #FexingoBusiness #BusinessPodcast

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With iOS 27 rolling out and Google's Privacy Sandbox hitting new milestones, Lucas and Luna dig into the less visible battle this summer: who controls your digital identity on Big Tech platforms. They unpack Apple's push for on-device identity with its new Passport API, Google's move to replace third-party cookies with a federated login model, and Meta's bet on verified accounts as the identity layer. Specific numbers: Apple's Passport API launched with 14 initial partners (including Delta and US Bank), Google's Sandbox now covers 87% of Chrome users, and Meta verified accounts hit 3 million globally. The conversation touches on how these identity plays reshape ad targeting, app ecosystems, and the very idea of 'you' online. No conspiracy theories—just what's actually changing and why it matters for anyone with a phone.

#DigitalIdentity #Apple #iOS27 #Google #PrivacySandbox #Meta #VerifiedAccounts #FederatedLogin #PassportAPI #ThirdPartyCookies #TechBattle #Advertising #DataPrivacy #BigTech #Authentication #FexingoBusiness #BusinessPodcast #Technology

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