Thank you, Brian. Welcome to Closing Bell. I'm Mike Santoli in for Scott Wapner today. This make-a-break hour begins with blowout earnings from Mega Cat Bellwethers, unable to lift the broader market. As investors debate, just how much life is left in this rally as a month comes to an end. Here's your scorecard. You see the Dow down about a quarter of 1%. The S&P 500 has toggled above and below the flatline.

It was up above 6,400 for a little while and has backed off.

The NASDAQ still managing to hold on to a quarter percent gain.

That is in large part because of meta and Microsoft.

Those stocks jumping on huge bottom line beats and much more aggressive AI CAPEX spending plans.

The market continues to reward them for us.

Microsoft has backed off quite a bit from its early highs.

Those companies setting a high bar for tech giants that are about to report.

We are about an hour away from getting Amazon's results and 90 minutes from Apple's numbers.

Let's get into all of that with our panel.

We'll bring in Requisite Capitals, Brent Talkington, Odyssey Capitals, Jason Snipe, and Big Technologies, Alex Cantorowitz.

All of them, CNBC contributors.

And I thank you for coming on to kick this around with us.

Alex, let's just start a big picture here.

I mean, it's natural to ask after this investment binge has been going on for a couple of years now

and it sort of tests the limits of just how much each of these individual companies can allocate

of their free cash flow into AI infrastructure.

When is the market going to say enough? They're not saying

enough yet. What are your big takeaways from the numbers last night? Look, I think as long as you

continue to turn in good earnings, the market is going to give you the leeway to continue to build

for this AI moment. Because let's say you're Amazon, you just saw Microsoft put on 39% cloud growth

quarter of core, year over year. What are you going to now sit with your 17% growth and say

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