Meta's hefty AI CapEx spend is already paying off, analyst says

It’s been a busy week for Big Tech. Not only did Microsoft (MSFT) and Meta (META) both beat big on earnings this quarter, but Microsoft officially reached a $4 trillion market cap. Additionally, Apple (AAPL) and Amazon (AMZN) are getting ready to report quarterly results on Thursday after the markets close. Jefferies senior analyst Brent Thill and Yahoo Finance Technology Editor Dan Howley join Market Catalysts with Julie Hyman to discuss Meta’s artificial intelligence (AI) capital expenditure (CapEx) spending and whether the numbers are showing a return on investment (ROI) yet. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts.