📢 Bits + Bips has its own channel now — full episodes here.

Meta and Microsoft reported earnings on the same night, and investors sent their stocks in opposite directions.

Chris Galipeau of the Franklin Templeton Institute walks Steven Ehrlich through why Meta got punished for raising its CapEx guidance while Microsoft’s Azure growth held steady, then makes the case that the broader AI CapEx boom is still only in its second inning, not a bubble about to pop.

Host:

    • Steven Ehrlich – Host of Bits + Bips and Head of Research at Sharplink

Guest:

    • Chris Galipeau – Head Market Strategist at the Franklin Templeton Institute

This clip is from a longer conversation on Fed policy, Iran, AI earnings, and prediction markets. Full episode here.

New episodes every week — subscribe to catch it live.

Sponsor:

    • Cape: Your biggest crypto vulnerability isn’t your wallet, it’s your phone number. Cape is America’s privacy-first mobile carrier that rotates your SIM identity daily and blocks SIM swaps before they happen. Get 33% off your first six months at https://cape.co/unchained (use code: UNCHAINED).
    • Heads up! If you haven’t yet, be sure to subscribe to Bits + Bips on its dedicated channels. Follow us on Apple Podcasts, YouTube, Spotify, X, Unchained and wherever you get your podcasts.