(https://www.cnbc.com/2026/07/29/meta-q2-earnings-report-2026.html) and (https://www.cnbc.com/2026/07/29/microsoft-msft-q4-earnings-report-2026.html), and the subtext is identical: how much more money are we dropping into AI infrastructure before anyone sees actual returns? Meta's sitting on a $77.1B net income base and can afford to burn cash. Microsoft?

Research these companies