Big Tech Continues to Deliver: A Conversation with Amoroso

Big Tech companies are expected to continue delivering strong performances, according to Bloomberg Technology. The only daily news program focused on technology, innovation, and business from San Francisco, hosted by Emily Chang, features episodes and clips on topics such as AI, Tesla, and the US working on an "AI package" to export. The David Rubenstein Show explores successful leadership through peer-to-peer conversations with influential people in business.

Big Tech companies are poised to continue delivering strong performances, according to recent reports from Bloomberg Technology [1]. The daily news program, hosted by Emily Chang, highlights the resilience and growth of these tech giants amidst global uncertainties. The David Rubenstein Show further explores the leadership and strategies behind these companies' successes.

Wells Fargo Securities LLC’s Christopher Harvey, the bank's chief US equity strategist, expects a double-digit increase in the S&P 500 Index in the second half of 2025. Harvey attributes this growth to the robust performance of Big Tech companies, which have been instrumental in driving the stock market's surge since April [2]. The Magnificent Seven high-flyers, including Nvidia Corp., Microsoft Corp., Apple Inc., Amazon.com Inc., and Meta Platforms Inc., have seen a 42% increase since April 9 [2].

Harvey's optimism is supported by the increasing capital expenditure (capex) plans of these tech giants. Alphabet Inc. (GOOGL), for instance, has increased its capex expectations for 2025 to $85 billion, up from $75 billion, to meet surging demand for Google Cloud [3]. Other Big Tech firms, such as Microsoft (MSFT) and Amazon (AMZN), are also expected to follow suit [3].

The strong performance of Big Tech companies is not just limited to the stock market. Compliance tech startup Vanta Inc. has seen its valuation surge to $4.15 billion following a new $150 million funding round [4]. The company's AI-driven tools are becoming increasingly popular among tech firms, financial services, and healthcare organizations, highlighting the growing demand for efficient and automated compliance solutions.

Looking ahead, the US government is also investing in AI, with a focus on data center growth [5]. This investment is part of a broader strategy to export US AI capabilities and maintain global competitiveness.

In conclusion, Big Tech companies are expected to continue delivering strong performances, driven by robust fundamentals, increasing capex, and government support. Investors and financial professionals should closely monitor these developments as they could significantly impact the broader stock market and economy.

References:
[1] https://www.bloomberg.com/news/articles/2025-07-21/big-tech-strength-means-11-boost-for-s-p-wells-fargo-s-harvey
[2] https://finance.yahoo.com/news/google-parent-alphabets-ai-spending-161559206.html
[3] https://www.bloomberg.com/news/videos/2025-07-24/union-pacific-nears-deal-to-create-200b-railroad-video
[4] https://www.ainvest.com/news/vanta-valuation-surges-4-15-billion-latest-assessment-2507/
[5] https://www.bloomberg.com/news/videos/2025-07-24/google-s-ai-spend-bearing-fruit-wolfe-s-khajuria-video