Podcasts about capex

new york california new york city washington philadelphia dc executives hotels invest pros missed hospitality south florida executive chairman resorts reit capex management company jay shah

Play Episode Listen Later Aug 13, 2025 55:53

What is the power of providing unique experiences?Today, Dan chats with the Co-Founders of Reset Hotels, Ben Uyeda and Adam Wininger, about their unique hotel venture designed for the next generation of conscious travelers. Ben and Adam share insights from their journey in hospitality, emphasizing the importance of midweek group bookings for corporate and wellness retreats, and creating meaningful, immersive experiences in the vast, open spaces of Joshua Tree. The conversation explores the concept of 'reset' in hospitality, the value of modular construction in remote areas, and future visions including art installations, unique retreats, and potentially an interplanetary hotel. Join the conversation as they discuss how thoughtful design and unique experiences can transform simple stays into unforgettable journeys.Takeaways:Excellence in hospitality (and any field) comes from attention to detail and continuous improvement—strive to perfect the small things, not just the big vision.Make sure you're intentional about the guest experience. Always consider how you want people to feel during and after their experience with you, whether in hospitality, business, or daily life.Prioritize midweek group and retreat bookings. They are a key driver of business success.Be willing to evolve your ideas and operations as you learn from real-world experience. The best concepts often emerge from adapting to changing circumstances.Move beyond generic spaces—offer unique, authentic moments (like outdoor activities, art installations, or surprise elements) that guests will remember and share.Design experiences that encourage genuine interaction, such as group hikes, yoga at sunset, or shared reading materials.Make it easy to deliver “magical” experiences by building thoughtful, repeatable systems (e.g., providing thank you cards and mailing them for guests).Quote of the Show: ”I've always thought of hospitality as the craft of the welcome.” - Ben Uyeda“ We fully intend to do all that. Just creating little moments of surprise for people out in the desert.” - Adam WiningerLinks:LinkedIn: https://www.linkedin.com/in/ben-uyeda-6927215/ LinkedIn: https://www.linkedin.com/in/adam-w1818654323333/ Website: https://www.stayreset.com/ Instagram: https://www.instagram.com/reset.hotel/ Shout Outs:1:16 - Entrepreneurs Organization https://eonetwork.org/ 2:48 - HD Vegas https://hdexpo.hospitalitydesign.com/ 8:24 - U2 https://en.wikipedia.org/wiki/U2 8:28 - Meadowlands Arena https://en.wikipedia.org/wiki/Meadowlands_Arena 9:32 - Hype Beast https://hypebeast.com/ 19:09 - Burning Man https://burningman.org/ 24:29 - W Hotels https://w-hotels.marriott.com/ 24:35 - SoulCycle https://www.soul-cycle.com/ 28:06 - Rick Rubin https://en.wikipedia.org/wiki/Rick_Rubin 29:30 - Jesse Itzler https://en.wikipedia.org/wiki/Jesse_Itzler 32:21 - Will Guidara https://en.wikipedia.org/wiki/Will_Guidara 33:24 - NoMad Library https://nomadlasvegas.mgmresorts.com/en/restaurants/nomad-library.html 35:27 - Eleven Madison Park https://www.elevenmadisonpark.com/ 38:22 - Storm King https://welcome.stormking.org/ 43:23 - Goose https://www.goosetheband.com/ 46:00 - Mass MoCA https://massmoca.org/ 46:26 - Pappy and Harriet's https://pappyandharriets.com/ 48:12 - Post Ranch Inn https://postranchinn.com/ 48:21 - Chateau Marmont https://www.chateaumarmont.com/ 55:29 - YPO https://www.ypo.org/

Building a REIT in Hospitality - Jay Shah - Executive Chairman of Hersha Hotels & Resorts

Masters of Moments

Play Episode Listen Later Aug 13, 2025 87:48

Hersha Hospitality Trust (NYSE: HT) is a self-advised real estate investment trust in the hospitality sector, which owns and operates luxury and lifestyle hotels in urban gateway and regional resort markets. The Company's 25 hotels totaling 3,811 rooms are located in New York, Washington, DC, Boston, Philadelphia, South Florida, and California. Jay is involved in all areas of the business with a particular emphasis on strategic relationships, capital transactions, asset management, and acquisitions. On this episode, Jake and Jay discuss: The story of building Hersha into a publicly-traded powerhouse Pros & cons of a REIT and starting one in the Hospitality sector How to think about the market Missed opportunities and biggest wins Connect & Invest with Jake: Follow Jake on X: https://x.com/JWurzak 1 on 1 coaching with Jake: https://www.jakewurzak.com/coaching Learn How to Invest with DoveHill: https://bit.ly/3yg8Pwo Links: Hersha Hospitality Trust Jay on LinkedIn The 4 Seasons Boston Timestamps: (00:00:00) - Intro (00:02:39) Jay & Jake's relationship and Jay's first hotel in NYC (00:09:30) Opening a hotel amidst the chaos of 9/11 (00:11:25) Was NYC a way to legitimize your business? (00:31:33) What struggles are there in operating a REIT? (00:40:33) How would you advise a Hospitality company before they form a REIT? (00:43:34) Why did you transition into full-service and lifestyle operations? (00:50:22) What do you think about as an owner and non-operator that you can influence? (00:53:10) What do you look for when you visit your own hotels, competitors, or one you might acquire? (00:57:14) What are your thoughts on spending Capex on renovations where you don't see more upside? (01:00:01) What have you found the best ways to structure F&B deals? (01:06:25) How will you be investing in the future given the shifts from covid? (01:09:53) What's the most common ways people get smoked in the Hotel business? (01:11:19)Jay's growth mindset (01:15:25) Growing a Management Company (01:18:24) What makes a really good partner? (01:21:28) What's a market you're interested in? (01:22:49) What is your favorite hotel? This Episode originally aired on May 31st, 2023

#322 - Chance Stahlhut - Navigating the Future of Live Events

GearSource Geezers of Gear

Play Episode Listen Later Aug 13, 2025 101:01

Chance Stahlhut is the Chief Operating Officer of Concert Stuff Group, where he leads a growing family of specialized production and logistics companies serving the live entertainment industry. With a 25+ year career that began in punk clubs and international tours, Chance has held senior leadership roles at Clair Global, VER, PRG, and Go West Creative. His background spans touring engineering, sales, operations, and executive strategy—making him uniquely equipped to scale complex organizations while staying grounded in hands-on production realities.Chance is known for his people-first leadership style, belief in transparent communication, and advocacy for long-term career growth within the industry. At Concert Stuff Group, he's focused on strengthening team structures, improving profitability without sacrificing culture, and helping leaders think more strategically.In this episode, Marcel and Chance discuss the latest developments in the live entertainment industry, focusing on recent business deals, the impact of AI, and the importance of personal relationships. They explore the evolution of the industry, investment strategies, and the challenges posed by new technologies. The conversation emphasizes the need for ethical practices and trust in business, as well as the complexities of CapEx decisions in a rapidly changing landscape. This Epsode is sponsored by Artistry In Motion and ETC

ai navigating chief operating officer live events capex prg

AI CapEx

Let's Know Things

Play Episode Listen Later Aug 12, 2025 17:44

This week we talk about tech bubbles, building moats, and infrastructure investment.We also discuss capital expenditure, data centers, and employee compensation.Recommended Book: The Art of Gathering by Priya ParkerTranscriptMany technology booms have early periods in which innovators have a first-mover advantage, and a lot of what happens in their industry is informed by the decisions those innovators make.After that—depending on the technology, but this is common enough to be considered a trend—after that there tends to be a period of build-out and consolidation amongst the people and business entities that survived that initial, innovation-focused throw-down.In the context of personal computers, this moment saw computer-makers like Microsoft and Apple scramble to pivot from figuring out what an operating system should look like and whether or not to use mice to navigate user interfaces, to a period in which they were rushing to scale-up the manufacture of now-essential, but previously comparably rare components: suitable screens for their monitors, chips that could power their increasingly graphical machines, and the magnetic materials necessary to produce floppy disks and spindle-based hard drives.There's an initial period in which new ideas and approaches provide these entities with a moat that protects them against competition, in other words, but then the game they're playing changes, the rules are more fully understood and to some degree locked into place and agreed upon, and instead of competing for the biggest, most brazen new ideas, they lock onto one set of ideas that seemed to be the best of what's available at that moment and build on those, iterating them at a regular cadence, but focusing especially on scaling them.So at this second stage, they're investing in the ability to out-produce their competition in some way, so they can eventually bypass that competition and (they hope) safely increase their prices and make a profit, as opposed to just larger and larger revenues with equal or greater expenses, continuing to be reliant on investor injections of capital, rather than generating their own surplus returns.By many analysts' and insiders' estimates, we've just entered that second stage in the generative AI industry. That's the sort of AI that generates text and images and code and such, and it's increasingly becoming a sort of commodity, rather than a new, hot things that few companies can offer the market.What I'd like to talk about today are the increasingly massive financial figures associated with this industry's shift to that second stage of development, and why some of those insiders and analysts are voicing fresh concerns that this could all lead to a bubble, and possibly an historically large one.—There are many ways we could measure the growth of the AI industry over the years.The US market size, for instance, which is a measure of the value of AI-oriented companies based on how much shares of their company cost or would cost on the open market, has ballooned from just over $100 billion in 2022 to an estimated $174 billion in 2025. That figure is expected to grow at a not quite 20% compound annual growth rate through 2034, which, if accurate, would put this market, in the US alone, at more than $850 billion.Another metric we might use is that of capital expenditure, or capex, in this corner of the tech industry, which refers to the amount of money AI companies are using to buy, upgrade, or maintain their long-term assets, like new computer chips or the data centers they fill with those chips.The seven most valuable US tech companies—Meta, Alphabet, Microsoft, Amazon, Apple, NVIDIA, and Broadcom (that last spot formerly held by Tesla, which was dropped from this designation in late-2024)—just those seven companies have spent $102.5 billion on capex this last financial quarter (and most of that was from just four of them, Meta, Alphabet, Microsoft, and Amazon, the remainder only spending something like $6.7 billion).That's a staggering amount of money, and due to a recent drop in consumer demand—the money individual US citizens spend on things like food and clothes and smartphones and cars and all the other things people buy—AI-related capex, spending by these massive US tech companies, has added more to GDP growth than consumer spending for the past two quarters.All the things all the people in the US bought over the past two quarters did not cost as much, in aggregate, as what these companies spent during the same period, on new and existing assets. That's pretty wild.And it's the consequence, partly, of the shift in these companies' focus from providing goods and services that relied heavily on people—salary and stock compensation, basically, which is not a capex expense, because its spent on employees, not stuff—to spending heavily on all that infrastructure that they believe will be required to help them compete with those other companies that are also frantically investing in the same.Whomever can built the biggest, baddest, most reliable and powerful data centers, and can get the AI-optimized chips to fill them, will have an advantage over their opponents in the new, developing tech world paradigm, it's thought, so they're pumping gobs of resources into exactly those sorts of assets, hoping to get ahead, build an insurmountable advantage, and put their competition out of business—or failing that, to establish themselves as the AI Coca-Cola, versus their opposition's AI Mr. Pip.Similar dynamics are playing out elsewhere, especially in China, where the market could reach a value approximating today's US AI market in 3-5 years, and several times that, up to $1.4 trillion, by 2030—though like all of these figures, it depends on how we choose to measure these sorts of things, including what counts as an AI company, and in China, several of their major AI players are heavily involved in automation, robotics, which itself is expected to be a $5 trillion industry in that country by 2050.Europe's market is comparably smaller, as is its overall tech industry, but the AI market is now just shy of 15% of its total tech sector, up from 12% in 2022, and AI startups are attracting about a quarter of all VC funding in the bloc right now—so they're starting from a less spendy start, but like pretty much everywhere the necessary knowledge and manufacturing base exists at the moment, the European AI market is growing a lot faster than anyone would have expected even just five years ago.And there are real-deal innovations coming out of this tech; these investments are flooding into AI companies because these technologies, this version of them, the generative AI stuff, has completely rewired the programming world, AI bots and agents helping coders achieve a lot more, faster, and non-coders make things they wouldn't have been able to build lacking these tools, imperfect as many of those tools are, under the hood.We're also seeing an explosion of other sorts of generated content, and the injection of these tools that make such content into Hollywood studios and consulting firms and government agencies, and everything in between, is causing equal parts panic and excitement, depending on whether you're one of the people who feels like they might be laid off soon, replaced by software, or if you're someone who profits from all those layoffs, and the payments from the companies that hope to save money by conducting them, replacing their comparably expensive employees with cheaper AI tools.Things have gotten so wild that Meta's CEO Mark Zuckerberg has started offering compensation packages ranging from $200 million to more than a billion dollars to top AI talent. Meta's AI spending is already massive, and could hit $72 billion this year, but the company has said it could hit $100 billion in 2026, while Microsoft's leadership suggested their 2025 spending of $30 billion could balloon to $120 billion in 2026.OpenAI recently offered their employees large bonuses, in the hundreds of thousands to millions of dollars range, to counter those sorts of overtures from the likes of Meta, but there's a lot of money flying around from all direction right now, much of it aimed at more AI infrastructure, or the relatively few people on the planet who understand this tech well enough to make a competitive difference in this industry.That's…a lot of money. There's just so much spending happening, so many resources sloshing around in this one space right now, and all this investment is predicated on the idea that AI will change everything, we're stepping into a new paradigm, and those who control the AI, will basically own the next game. So they're all trying to set things up so they win the next game, or at least have the best hand possible when it arrives.There have been increasingly loud arguments, made by long-time generative AI critics, but also, more recently, ardent AI boosters, that we might be running up against a wall of what these things can do for us; this version of the AI concept, at least.And these arguments got louder with OpenAI's release of their long-teased GPT-5 model, which some expected to be true AGI, human-grade, flexible, omni-capable intelligence, while others thought it might be a mono-focused superintelligence of some kind: the perfect coder, the perfect image generator, something like that.What users got was not that. It seems to be better at some things, still not great at others.This was an incredibly expensive model to produce—the training costs alone are estimated to be something like a half-billion dollars, and that's just a portion of the total costs of creating this sort of model—and what OpenAI served up, instead of something groundbreaking, was a slightly better, though in some ways seemingly the same or worse version of what everyone's been playing with for years, now.There's room for disagreement on this, as while there are some more objective tests for measuring models' capabilities, a lot of it is circumstantial, and depends, among other things, on what you're trying to do, how the systems are prompted, and so on.There's also something to be said for cost-reductions and other sorts of benefits of new models, beyond raw power and capability.But this thud of a launch for what was supposed to be a sea-changing system has led to the ringing of some alarm bells, industry watchers wondering if we might be careening toward a bubble, at a moment in which, again, this segment of the tech industry is contributing more to the US's GDP than all of consumer spending, combined.A bubble, to be clear, wouldn't mean the collapse of the US economy, or even these companies, necessarily. It would mean a lot of AI entities going under, a lot of invested money lost, and a lot of people who suddenly don't have jobs.Almost always there are a few players in these bubbly spaces that make it to the other side, though—eBay, for instance, survived the dotcom bubble intact, as did Amazon, PayPal, and Adobe, among many others.But the grand shakeout, the sifting for those that could survive a mammoth downturn, and the destruction of the rest, that's a tough moment for those directly connected to the bubble-popping industry, and those adjacent to it: the folks who feed the employees who are now laid off, the suppliers of the light switches that go in all the data centers, etc.There are ripple effects to this sort of bubble pop moment, then, and though such sifting might be long-term beneficial, because it maybe weeds out some of the dead-weight and makes things more efficient in that space five or ten years in the future, that won't help the folks who lose a lot of money when the industry shrinks, including those who have their money at banks that made bad bets, or insurance companies that did the same, with their customers resources.Everything's great for everyone when these sorts of high-risk, high-reward bets are paying out, but when the golden goose of huge anticipated future profits disappears, that shakeout leaves a lot of entities and people with emptier pockets.None of which suggests this is going to happen; there's a chance that we continue to see better and better models using the current, generative AI technology, or that some of these companies successfully pivot to another AI approach that bears better, next-step fruit, and things just keep getting more and more powerful and less and less expensive for everyone; that could theoretically lead to some pretty cool, broadly beneficial things.This sort of risk is lurking in the background of everything that's happening, though, and while upbeat marketing messages and predictions about how cool it will all be when the next-step tools arrive can keep things going for a while, even lacking major milestones that can be pointed at to justify those claims, at some point we'll probably need to see something really, truly different and novel, or the bottom could fall out, leaving those who were more careful tip-toeing into this collection of technologies looking less like they're being left behind, and more like they took smart precautions and made safe, reliable investments.Show Noteshttps://www.precedenceresearch.com/us-artificial-intelligence-markethttps://www.statista.com/outlook/tmo/artificial-intelligence/united-stateshttps://techcrunch.com/2024/12/23/ai-startups-attracted-25-of-europes-vc-funding/https://archive.is/20250809000924/https://www.theverge.com/command-line-newsletter/756561/openai-employees-bonus-sam-altman-ai-talent-warshttps://paulkedrosky.com/honey-ai-capex-ate-the-economy/https://www.wsj.com/tech/ai/silicon-valley-ai-infrastructure-capex-cffe0431https://archive.is/20250809000924/https://www.theverge.com/command-line-newsletter/756561/openai-employees-bonus-sam-altman-ai-talent-warshttps://archive.is/20250808224658/https://www.bloomberg.com/news/articles/2025-08-07/tesla-disbands-dojo-supercomputer-team-in-blow-to-ai-efforthttps://fortune.com/2025/08/04/billionaire-anthropic-ceo-dario-amodei-ai-staffers-poaching-meta-mark-zuckerberg-100k-six-figure-salaries-openai-sam-altman/https://www.bbc.com/news/articles/c1e02vx55wpohttps://www.nytimes.com/2025/07/31/business/dealbook/meta-microsoft-ai-spending-shares.htmlhttps://www.techrepublic.com/article/news-meta-billion-dollars-ai-poaching-failed/ This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit letsknowthings.substack.com/subscribe

amazon ai europe hollywood china apple microsoft tesla paypal ebay mark zuckerberg vc similar openai gdp adobe nvidia alphabet gpt pip agi capex broadcom

Industrial Water Showdown: Comparing Opportunities Across Europe and the U.S.

The Future of Water

Play Episode Listen Later Aug 12, 2025 45:32

This week, podcast host Reese Tisdale is joined by Boston-based Senior Analyst Amber Walsh and Barcelona-based Analyst Zineb Moumen in Barcelona to compare two of the world's largest industrial water markets. With the release of Bluefield's new industrial water forecasts and market trends analysis, they explore how the U.S. & Canada and Europe stack up across market size, growth, and opportunity. From semiconductor fabs and data centers to food, chemicals, and power generation, Bluefield's water experts discuss the sectors driving water spend, the regulatory and incentive frameworks shaping each market, and the geographic hotspots for investment. They also examine the CAPEX vs. OPEX dynamics and how companies can position themselves for success in two very different market environments. Key questions explored in this episode: How do the U.S. & Canada and Europe industrial water markets compare in size and growth? Which industrial sectors are creating the biggest water opportunities? What role do regulations and incentives play in shaping industrial water investment? Where are the geographic hotspots? Where's the bigger opportunity: CAPEX or OPEX? How should companies position themselves for success? If you enjoy listening to The Future of Water Podcast, please tell a friend or colleague, and if you haven't already, please click to follow this podcast wherever you listen. If you'd like to be informed of water market news, trends, perspectives and analysis from Bluefield Research, subscribe to Waterline, our weekly newsletter published each Wednesday. Related Research & Analysis: Europe Industrial Water Market Outlook: Trends, Drivers, and Forecasts, 2025–2030 U.S. & Canada Industrial Water & Wastewater Market: Key Trends and Forecasts, 2024–2030 U.S. Water for Data Centers: Market Trends, Opportunities, and Forecasts, 2025–2030

canada europe future water opportunities barcelona showdown comparing industrial drivers forecasts capex opex across europe water podcast bluefield waterline related research

Q2 Report from NIC MAP COO Kyle Gardner

Breaking Analysis with Dave Vellante

Play Episode Listen Later Aug 11, 2025 24:01 Transcription Available

Returning guest, Chief Operating Officer of NIC MAP, Kyle Gardner, shares details from NIC MAP's 2Q report and what they mean for the future of senior living. Hear takes from the entire table as they talk through the data and how it impacts different areas of the industry.Sponsored by Aline, NIC MAP, Procare HR, Sage, Hamilton CapTel, Service Master, The Bridge Group Construction and Solinity. Produced by Solinity Marketing.Become a sponsor of the Bridge the Gap Network.Connect with BTG on social media:YouTubeInstagramFacebookTwitterLinkedInTikTokMeet the Hosts:Lucas McCurdy, @SeniorLivingFan Owner, The Bridge Group Construction; Senior Living Construction Renovation, CapEx, and Reposition. Joshua Crisp, Founder and CEO, Solinity; Senior Living Development, Management, Marketing and Consulting.

ceo founders marketing management bridge consulting chief operating officer gardner capex btg reposition servicemaster solinity

Will Bittensor be Bigger than Bitcoin? | The TAO Pod

The James Altucher Show

Play Episode Listen Later Aug 9, 2025 86:48

Episode Description:Hosted by James Altucher (serial entrepreneur, bestselling author of "Choose Yourself," podcaster, hedge fund manager, chess master, and investor in over 20 companies, with expertise in crypto and AI) and Joseph Jacks (founder and general partner of OSS Capital, the world's first VC firm dedicated to commercial open-source software; early-stage investor in AI and open-source tech, previously Entrepreneur-in-Residence at Quantum Corporation).In the premiere episode, James and Joe explore Bittensor's decentralized AI ecosystem, contrasting it with centralized giants like xAI's Grok 4. They discuss subnets providing GPUs, datasets, and models; proof-of-useful-work mining; building custom AI agents; and Bittensor's potential to outpace Big Tech in achieving superintelligence.Plus, tokenomics, real-world apps, capitalism parallels, and bold predictions on TAO's future value.Key Timestamps & Topics:00:00:00 - Intro: Podcast overview, AI/crypto news (Grok 4, Bitcoin ATH), centralized vs. decentralized AI.00:09:00 - Proof of Useful Work: Mining datasets, models, inference on Bittensor.00:10:00 - Subnet Deep Dives: Dataverse (13) for data scraping; building trading models.00:16:00 - Chutes (64): Cheap AI inference, e.g., Bible chatbot at 1/50th OpenAI cost.00:23:00 - Agentic AI: Building owned agents, avoiding Big Tech biases/control.00:28:00 - Scaling & Future: Decentralization's infinite potential; Bitcoin compute parallels.00:33:00 - Superintelligence Path: Bittensor faster than Elon; energy/chip challenges.00:34:00 - Bittensor's Early Stage: Like 1990s internet, needs better user interfaces.00:38:00 - Chutes Economics: 10T+ tokens served, 4.4K H100 GPUs, user growth.00:50:00 - Valuation & Growth: Subnets as companies; TAO potentially 5-10x Bitcoin.01:02:00 - Bittensor as Pure Capitalism: Incentives for supply/demand; upgrading equity models.01:09:00 - Centralization Risks: Elon/Meta control; Bittensor's global solution.01:13:00 - Wrap-Up: Teasing future episodes on subnets, AI ventures.Key Takeaways:Bittensor incentivizes ~20-100K GPUs permissionlessly, rivaling xAI at zero CapEx.Subnets like Chutes (inference) and Dataverse (data) enable cheap, owned AI models for anyone.Decentralization democratizes AI talent/compute, potentially building AGI faster than centralized efforts.Quote: "Bittensor is the most expressive language of value in the history of languages of value." – Joseph JacksResources & Links:Bittensor Official: bittensor.comTaostats (Explorer/TAO App): taostats.ioSubnet 64 (Chutes): taostats.io/subnets/64Subnet 13 (Dataverse): macrocosmos.ai/sn13Akash Network: akash.networkxAI: x.aiFollow Hosts: @jaltucher & @josephjacks_ on XSubscribe for more on Bittensor subnets, AI building, and crypto trends! Leave a review and share your thoughts. #TheTaoPod #Bittensor #DecentralizedAI #TAOToday's Advertisers:Secure your online data TODAY by visiting ExpressVPN.com/ALTUCHERElevate your workspace with UPLIFT Desk. Go to https://upliftdesk.com/james for a special offer exclusive to our audience.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

(BNS) Could AI Spending Blow Up The Economy? With Paul Kedrosky

Techmeme Ride Home

Play Episode Listen Later Aug 9, 2025 40:45

I spoke with the great Paul Kedrosky to discuss the significant impact of AI capital expenditure (CapEx) on the economy, exploring how it contributes to GDP growth and the implications of this spending. Qw delve into the rapid growth of AI-related investments, the short lifespan of data centers, and the potential risks associated with this economic phenomenon. 00:00 The Impact of AI Capital Expenditure on the Economy 09:34 The Dynamics of Data Center Investments 19:39 Debt Financing and Its Implications 30:09 Potential Risks and Future Outlook for AI Investments Articles mentioned on this episode: Paul Kedrosky: Honey AI Capex Ate The Economy Chris Mims in the WSJ Noah Smith Learn more about your ad choices. Visit megaphone.fm/adchoices

ai impact economy spending dynamics gdp blow up capex debt financing qw

Cloud Quarterly - Azure's AI Pop, AWS Supply Pinch & Google Execution

Play Episode Listen Later Aug 9, 2025 36:31

nvestors keep score with growth rates, but this quarter you had to read the footnotes and the fine print. Microsoft put up eye-popping Azure growth again, but a big slice of that acceleration is AI inference — notably ChatGPT — now embedded in the revised Azure definition - great for headlines but not conducive to apples-to-apples comparisons. Meanwhile, AWS delivered the largest dollars and a very clear message that demand exceeds supply. Meaning growth is capped by power and components, not pipeline. That creates a weird optics penalty — AWS showing growth in the high teens growth on a $120B-plus run rate and it's a “concern.” But it also telegraphs future upside as capacity lands and depreciation cycles through. The stealth story is Google. Google Cloud posted a strong print with solid top-line growth and steadily improving operating margin — and GCP (the IaaS/PaaS core) is growing materially faster than Cloud overall - our estimate is nearly 40%. Backlog is building at more than $250M and $1B+ deals are real. As the mix shifts toward AI-heavy, infrastructure-centric workloads, it becomes a tailwind for Google, continues to lag the scale of AWS and Azure. Let's call it a disciplined scale strategy with less noise.The other common thread is a capex arms race that faces real constraints. All three players said the quiet part out loud — power, sites, servers, power and lead times will dictate who wins AI inference and who monetizes it. Microsoft is capacity-constrained, AWS says “several quarters” to rebalance, and Google raised capex again. This is not a one-quarter story; it's a multi-year land-and-power grab that will determine margin structures for the next cycle. Meanwhile, the Big three cloud players are on a pace to spend about $240B this year on CAPEX with AI revenue coming in at about 10% of that figure. We clearly have a big hurdle before that massive investment pays back.

ai google microsoft meaning chatgpt cloud supply execution aws 1b azure pinch google cloud backlog 250m capex gcp 120b

Brett Winton: The Ark Of The AI Universe Is Long, But It Bends Toward CapEx Justice

On The Tape

Play Episode Listen Later Aug 8, 2025 72:49

Dan Nathan is joined by Brett Winton, Chief Futurist at ARK Invest. Brett shares insights about his role, the evolution of ARC Invest, and the focus on disruptive innovation platforms such as AI, robotics, energy storage, public blockchains, and biotech. They discuss the impact of large-scale investments in AI, the future trajectory of companies like Microsoft and Tesla, and the transformative potential of AI in various sectors. Brett articulates his vision for AI integration in enterprises, the future of autonomous driving, and the role of companies like OpenAI in the broader market landscape. Links Jim Chanos on Meta —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media

ai microsoft universe tesla openai capex bends winton ark invest chief futurist dan nathan

ITPM Flash Ep85 Mid-Cap Insurance

ITPM Podcast

Play Episode Listen Later Aug 8, 2025 12:20

ITPM Flash provides insight into what professional traders are thinking about in the markets RIGHT NOW! In this episode, Anthony Iser breaks down the current market mood, which is cautiously optimistic despite mixed economic data. He highlights strong corporate earnings, especially in tech, and massive ongoing hyperscaler CapEx as key positives, while retail data and AI names are also showing strength. However, he warns of risks beneath the surface: weakening employment data, margin pressure, and rising input costs all hint at stagflation risk if inflation stays hot and the Fed delays rate cuts. To hedge this downside scenario, Anthony walks through a protective bear put spread on the IWM, targeting small caps likely to be hit hardest in a slowdown. ITPM Flash Episode 85 Mid-Cap Insurance with Anthony Iser || Filmed 07-Aug-2025, Uploaded 08-Aug-2025 ||

ai flash insurance fed uploaded capex iwm itpm

Microsoft Doubles Down on AI

Project ETO

Play Episode Listen Later Aug 8, 2025 11:49

Hey Strangers, #microsoft #fired #ai "Microsoft is thriving," said CEO and chairman Satya Nadella in a new statement following a round of layoffs earlier this month that cost 9000 employees their jobs.The statement, shared publicly and with Microsoft employees, reiterates the company's mission, with Nadella doubling down on the importance of AI.First, he acknowledged the layoffs. "I want to express my sincere gratitude to those who have left," he said. "Their contributions have shaped who we are as a company, helping build the foundation we stand on today. And for that, I am deeply grateful."He continued: "I also want to acknowledge the uncertainty and seeming incongruence of the times we're in. By every objective measure, Microsoft is thriving - our market performance, strategic positioning, and growth all point up and to the right. We're investing more in CapEx than ever before. Our overall headcount is relatively unchanged, and some of the talent and expertise in our industry and at Microsoft is being recognised and rewarded at levels never seen before. And yet, at the same time, we've undergone layoffs."This is the enigma of success in an industry that has no franchise value. Progress isn't linear. It's dynamic, sometimes dissonant, and always demanding. But it's also a new opportunity for us to shape, lead through, and have greater impact than ever before."It's clear that AI is now at the heart of Microsoft, as Nadella stated its three business priorities are security, quality, and AI transformation. "We are doubling down on the fundamentals while continuing to define new frontiers in AI," he said.=======================================My other podcasthttps://www.youtube.com/channel/UCKpvBEElSl1dD72Y5gtepkw**************************************************Something Strangehttps://www.youtube.com/watch?v=GRjVc2TZqN4&t=4s**************************************************article links:https://www.eurogamer.net/microsoft-is-thriving-claims-ceo-doubling-down-on-ai-after-9000-employees-lost-jobs-in-latest-layoffs======================================Today is for push-ups and Programming and I am all done doing push-ups Discordhttps://discord.gg/MYvNgYYFxqTikTokhttps://www.tiktok.com/@strangestcoderYoutubehttps://www.youtube.com/channel/UCe9xwdRW2D7RYwlp6pRGOvQ?sub_confirmation=1Twitchhttps://www.twitch.tv/CodingWithStrangersTwitterhttps://twitter.com/strangestcodermerchSupport CodingWithStrangers IRL by purchasing some merch. All merch purchases include an alert: https://streamlabs.com/codingwithstrangers/merchGithubFollow my works of chaos https://github.com/codingwithstrangersTipshttps://streamlabs.com/codingwithstrangers/tipPatreonhttps://www.patreon.com/TheStrangersWebullhttps://act.webull.com/vi/c8V9LvpDDs6J/uyq/inviteUs/Join this channelhttps://www.youtube.com/channel/UCe9xwdRW2D7RYwlp6pRGOvQ/joinTimeline00:00 intro00:26 What Talking We Talking About02:34 Article07:14 My Thoughts10:01 outro anything else?Take Care--- Send in a voice message: https://podcasters.spotify.com/pod/show/coding-with-strangers/message

ceo ai microsoft progress programming doubles satya nadella capex nadella

S1 E2: How to get started in ICS, OT and SCADA

@BEERISAC: CPS/ICS Security Podcast Playlist

Play Episode Listen Later Aug 8, 2025 24:24

Podcast: Simply ICS CyberEpisode: S1 E2: How to get started in ICS, OT and SCADAPub date: 2025-03-05Get Podcast Transcript →powered by Listen411 - fast audio-to-text and summarizationIn episode 2 of Simply ICS Cyber, we answer the following questions for those interested in starting a career in ICS (industrial control systems), OT (operational technology):- What is Capex vs Opex? And, why does it matter when getting a job?- What is the compensation versus actual pay?- What does the OT side consider as important skills?- How are the rising FTE and consultant wages affecting winning ICS/OT work? Links to learn more about ICS, OT, SCADA:- ICS Village: https://www.icsvillage.com - Contact ICS Village: https://www.icsvillage.com/contact-us - NICE Framework (Find OT in the Competency Areas): https://niccs.cisa.gov/workforce-development/nice-framework - SANS ICS NICE: https://www.sans.org/nice-framework/industrial-control-systems Join us every other Wednesday for Season 1 of the Simply ICS Cyber podcast, with your hosts, Don C. Weber and Tom VanNorman.Connect with your hosts on LinkedIn:- Don https://www.linkedin.com/in/cutaway - Tom https://www.linkedin.com/in/thomasvannorman =========================Simply Cyber empowers people who want a rewarding cybersecurity career=========================All the ways to connect with Simply Cyber https://SimplyCyber.io/Socials=========================The podcast and artwork embedded on this page are from Simply Cyber Media Group, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.

ot get started ics capex listen notes opex fte scada ics ot

How Credit Markets Could Finance AI's Trillion Dollar Gap

Thoughts on the Market

Play Episode Listen Later Aug 6, 2025 8:32

Until now, the AI buildout has largely been self-funded. Our Chief Fixed Income Strategist Vishy Tirupattur and our Head of U.S. Credit Strategy Vishwas Patkar explain the role of credit markets to fund a potential financing gap of $1.5 trillion as spending on data centers and hardware keeps ramping up.Read more insights from Morgan Stanley.----- Transcript ----- Vishy Tirupattur: Welcome to Thoughts on the Market. I am Vishy Tirupattur, Morgan Stanley's Chief Fixed Income Strategist.Vishwas Patkar: And I'm Vishwas Patkar, Head of U.S. Credit Strategy at Morgan Stanley.Vishy Tirupattur: Today we want to talk about the opportunities and challenges in the credit markets, in the context of AI and data center financing.It's Wednesday, August 6th at 3pm in New York.Vishy Tirupattur: So, Vishwas spending on AI and data centers is really not new. It's been going on for a while. How has this CapEx been financed so far predominantly? What has changed now? And why do we need greater involvement of credit markets of different stripes?Vishwas Patkar: You're right, Vishy. So, CapEx on AI is certainly not new. So last year the hyperscalers alone spent more than $200 billion on AI related CapEx. What changes from here on, to your question, is the numbers just ramp up sharply. So, if you look at Morgan Stanley's estimates leveraging work done by our colleague Stephen Byrd over the next four years, there's about [$]2.9 trillion of CapEx that needs to be spent across hardware and data center bills.So what changes is, while CapEx so far has been largely self-funded by hyperscalers, we think that will not be the case going forward. So, when we leverage the work that has been done by our equity research colleagues around how much the hyperscalers can spend, we've identified a [$]1.5 trillion financing gap that has to be met by external capital. And we think credit would play a big role in that.Vishy Tirupattur: A financing gap of [$]1.5 trillion. Wow. That's a big number, by any measure. You talked about multiple credit channels that would need to be involved. Can you talk about rough sizing of these channels?Vishwas Patkar: Yep. So, we looked at four broad channels in the report that went out a few weeks ago. So, that [$]1.5 trillion gap breaks out into roughly [$]800 billion across private credit, which we think will be led by asset-based finance. Another [$]200 billion we think will come from Investment Grade rated bond issuance from the large tech names. Another [$]150 billion comes through securitized credit issuance via data center ABS and CMBS. And then finally there is a [$]350 billion plug that we've used. It's a catchall term for all other forms of financing that can cover sovereign spend, PE (private equity), VC among others,Vishy Tirupattur: The technology sector is fairly small within the context of corporate grade markets. You are estimating something like [$]200 billion of financing to come from this channel. Why not more?Vishwas Patkar: So, I think it comes down to really willingness versus ability. And, you know, you raise a good point. Tech names certainly have a lot of capacity to issue debt. And when I look at some of the work done by my colleague Lindsay Tyler in this report, the big four hyperscalers alone could issue over [$]600 billion of incremental debt without hurting their credit ratings.That said, our assumption is that early in the CapEx cycle, companies will be a little hesitant to do significantly debt funded investments as that might be seen as a suboptimal outcome for shareholder returns. And that's why we have reduced the magnitude of how much debt issuance could be vis-a-vis the actual capacity some of these companies have.So, Vishy, I talked about private credit meeting about half of the investment gap that we've identified and within that asset-based finance being a very important channel. So, what is ABF and why do you expect it to play such a big role in financing AI and data centers?Vishy Tirupattur: So, ABF is a very broad term for financing arrangements within the context of private credit. These are financing arrangements that are secured by loans and contractual cash flows such as leases – either with hard assets or without hard assets. So, the underlying concept itself is pretty widely used in securitizations.So, the difference between ABF structures and ABS structures is that the ABF structures are highly bespoke. They enable lots of customization to fit the specific needs of the investors and issuers in terms of risk tolerance, ratings, returns, duration, term, et cetera.So, ABS structures, on the other hand, are pretty standardized structures, you know, driven mainly by rating agencies – often requiring fairly stabilized cash flows with very strict requirements of lessee characteristics and sometimes residual value guarantees, in cases where hard assets are actually part of the collateral package.So, ABF opens up a wider range of possible structures and financing options to include assets that are on different stages of development. Remember, this is a very nascent industry. So, there are data centers that are fully stabilized cash flows, and there are data centers that are in very early stages of building with just land, or land and power access just being established.So, ABF structures can really do it in the form of a single asset or single facility financing or could include a portfolio of multiple assets and facilities that are in different stages of development.So, put all these things together, the nascent nature and the bespoke needs of data center financing call for a solution like ABF.Vishwas Patkar: And then taking a step back. So, as you said, the [$]1.5 trillion financing gap; I mean, that's a big number. That's larger than the size of the high yield market and the leveraged loan market.So, the question is, who are the investors in these structures, and where do you think the money ultimately comes from?Vishy Tirupattur: So, there is really a favorable alignment here of significant and substantial dry powder across different credit markets. And they're looking for attractive yields with appeal to a sticky investor base. This end investor base consists of investors such as insurance companies, sovereign wealth funds, pension funds, endowments, and high net worth retail individuals.Vishy Tirupattur: These are looking for scalable high quality asset exposures that can provide diversification benefits. And what we are talking about in terms of AI and data center financing precisely fall into that kind of investment. And we think this alignment of the need for capital and need for investments, that bridges this gap for [$]1.5 trillion that we're talking about here.So, my final question to you, Vishwas, is this. Where could we be wrong in our assessment of the financing through the various credit market channels?Vishwas Patkar: With the caveat that there are a lot of assumptions and moving parts in the framework that we build, I would flag really two risks. One macro, one micro.The macro one I would talk about in the context of credit market capacity. A lot of the favorable dynamics that you talked about come from where the level of rates are. So, if the economy slows and yields were to drop sharply, then I think the demand that credit markets are seeing could come into question, could see a slowdown over the coming years.The more micro risks, I think really come from how quickly or how slowly AI gets monetized by the big tech names. So, while we are quite optimistic about revenue generation a few years out, if in reality revenues are stronger than expected, then you could see more reliance on the public markets.So, for instance, the 200 billion of corporate bond issuance is likely going to be skewed higher in a more optimistic scenario. On the flip side, if there is mmuch ore uncertainty around the path to revenue generation, and if you see hyperscalers pulling back a bit on CapEx – then at the margin that could push more financing to the way of credit markets. In which case the overall [$]1.5 trillion number could also be biased higher.So those are the two big risks in my view.Vishy Tirupattur: So, Vishwas, any way you look at it, these numbers are big. And whether you are involved in AI or whether you're thinking about credit markets, these are numbers and developments that you cannot ignore.So, Vishwas, thanks so much for joining.Vishwas Patkar: Thank you for having me on Vishy.Vishy Tirupattur: And thanks for listening. If you enjoy the show, please leave us a review wherever you listen and share Thoughts on the Market with a friend or colleague today.

new york head ai strategy tech global market investing finance economics credit markets pe vc alternatives macro morgan stanley abs trillion dollars equities fixed income capex abf cmbs vishwas chief fixed income strategist

It's About Who Knows You - Eileen Madigan - Defining Hospitality - Episode #211

Play Episode Listen Later Aug 6, 2025 64:44

It's not just about what you know or who you know, but who knows you. Today, Eileen Madigan, Senior Vice President of Global Interior Design at Las Vegas Sands Corp joins Defining Hospitality to discuss the power of networking and mentoring within the hospitality industry. With over 35 years of experience in luxury interior design, Eileen shares her journey from working at Four Seasons and Rosewood Hotels to leading significant projects in Asia for Sands. She discusses the importance of having a design philosophy, her experience with a life coach, and the intricacies of scaling luxury design for massive integrated resorts. Eileen highlights the importance of creating everlasting memories through thoughtful design, and offers valuable insights on career progression and the significance of internal and external partnerships in achieving design excellence.Takeaways: Take time in your career, ideally in your twenties, to understand and define what makes you unique. This clarity will help guide your professional journey and open up opportunities.Don't wait until later in your career to work with a coach or mentor. Regularly seek outside perspectives to help you uncover your strengths, clarify your goals, and stay aligned with your purpose.It's not just about what you know or who you know, but who knows you. Build genuine relationships and make your work and value visible to others in your industry.When leading projects or teams, assess and invest in the right people, establish clear processes, deliver quality products, and ensure profitability. All four fundamentals must be aligned for success.Whether designing spaces or leading teams, always consider the human experience. Details matter—focus on how people feel and interact with your work.Trust your instincts, appreciate the people and opportunities around you, and remember to enjoy the ride—even when it's challenging.Quote of the Show:“At the end of the day, we're creating everlasting memories.” - Eileen MadiganLinks:LinkedIn: https://www.linkedin.com/in/eileenamadiganasid/ Website: https://www.sands.com/ Shout Outs:0:40 - Leo A Daly https://leoadaly.com/ 0:41 - Rosewood Hotels and Resorts https://www.rosewoodhotels.com/en/default 0:43 - Four Seasons https://www.fourseasons.com/1:29 - Bruno Viterbo https://www.linkedin.com/in/bruno-viterbo/ 8:44 - Rob Goldstein https://investor.sands.com/governance/executive-management/default.aspx 8:45 - Patrick Dumont https://investor.sands.com/governance/board-of-directors/person-details/default.aspx?ItemId=9c208f5c-ee7e-4166-a224-99617ab747a415:44 - New World https://www.newworldmillenniumhotel.com/en/?utm_source=glopss&utm_medium=affiliate&utm_campaign=campaign 15:57 - Sonia Cheng https://en.wikipedia.org/wiki/Sonia_Cheng 16:12 - Hotel de Crillon https://www.rosewoodhotels.com/en/hotel-de-crillon 16:40 - Carl Lagerfield https://en.wikipedia.org/wiki/Karl_Lagerfeld 26:32 - Tom Pheasant https://www.thomaspheasant.com/ 26:36 - Turtle Creek https://www.turtlecreekcasino.com/ 35:13 - David Collins https://www.davidcollins.studio/ 37:31 - All Suites Tower https://www.sands.com/news/marina-bay-sands-multi-billion-dollar-expansion-enters-final-phase-of-design-enhancements/ 40:32 - Katherine Blaisdell https://www.linkedin.com/in/katherine-blaisdell-1103ab5/ 40:37 - Evan Burton https://www.linkedin.com/in/evanburton1/ 45:33 - HD Vegas https://hdexpo.hospitalitydesign.com/ 48:23 - Kevin Tyjer https://www.linkedin.com/in/kevin-tyjer-ncidq-a33778a/ 50:56 - Dallas Mavericks https://www.mavs.com/ 1:01:47 - Sivan O'Leary https://www.linkedin.com/in/siobhanholeary/ 1:01:49 - Aubergine Partners https://aubergine-partners.com/ 1:01:52 - Seven Levels of Energy https://amzn.to/41pCimh

Demise of the Switchboard Operator

Tea and Crumpets

Play Episode Listen Later Aug 6, 2025 39:44

In this episode, we provide a recap on earnings so far in Q2, which, so far, have been good enough for the market to remain near all-time highs. We also delve a little deeper into some of the megacap earnings, especially as it relates to whether accounting rules are optically improving earnings while cash flow is shrinking as spending on capital expenditures, specifically AI chips, is draining corporate coffers. To wit, free cash flow versus capex for the four biggest spenders (GOOG, META, AMZN, and MSFT) is as follows (in billions): 2024 FCF - $233 Capex - $226 2025 FCF - $207 Capex - $351 2026 FCF - $240 Capex - $445 2027 FCF - $289 Capex - $512 In other words, these businesses, which once generated massive amounts of free cash flow for things like buybacks, are becoming much more capital intensive. However, since 2021, it has been only the 10 biggest stocks that have had earnings that have exceeded inflation; the other 490 have barely kept pace with overall price increases. We also talk about inflation, specifically the shift toward the greater use of estimates versus actual inflation data, as well as the smoke signals from the economic intelligentsia hinting at a shift away from the fed's long-standing 2% inflation target. In the spirit of government estimates, we also review the recent (abysmal) jobs data, and revisions, and connect that with the demise of certain professions, which ties into the massive AI spending driving corporate earnings and capital expenditures. We close with a look at the strong recent performance of speculative stocks, the historically large nature of the volume in that trading, and why that has historically boded poorly going forward. Of particular note is the recent record flow into the Ark Innovation ETF. Learn more about Formidable Asset Management, Will Brown, and Adam Eagleston by visiting www.formidableam.com.

MSFT & META CapEx Good for ORCL, HIMS Sells & PFE Rallies on Earnings

Native Angelino with Tom Levine

Play Episode Listen Later Aug 5, 2025 7:01

Marley Kayden takes investors through the morning's biggest movers, which included Hims & Hers (HIMS) sliding more than 10% after its earnings. Its revenue miss led to the selling action despite the company expanding its footprint overseas. Meanwhile, Pfizer (PFE) rallied after it beat and raised EPS guidance for 2025. Marley explains how Microsoft (MSFT) and Meta Platforms (META) played a role in Bank of America's big price target raise on Oracle (ORCL).======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

america bank ios sells eps earnings rallies sling capex hims msft vizio microsoft msft orcl market minute meta platforms meta

Back to the Future: Tariffs and the Return of Old Ideas

Play Episode Listen Later Aug 5, 2025 50:51

Data Centre News & GPU's - Episode 3

Inside Data Centre Podcast

Play Episode Listen Later Aug 5, 2025 49:28

Send us a textWe are back with another episode of Data Centre News & GPU's. Andy Davis is once again joined by Ben Baldieri to talk about the latest news in the GPU and Data Centre market.Andy and Ben explore recent developments and predictions around sovereign AI, hyperscaler CapEx shifts, and the evolving dynamics of global data centre growth.The conversation uncovers critical insights into the future of AI infrastructure, regional investments, and how latency demands are driving the rise of edge computing.Key Topics:Sovereign AI strategies reshaping national infrastructure decisionsHyperscaler CapEx: recent pauses and aggressive new investment forecastsShifting dominance from traditional FLAP-D markets in EuropeEdge computing's crucial role in AI-driven real-time applicationsNew semiconductor competition and its impact on GPU market dynamicsMajor infrastructure projects in less traditional data centre regionsTune in for essential insights and predictions shaping the future of the data centre landscape.Support the showThe Inside Data Centre Podcast is recorded in partnership with DataX Connect, a specialist data centre recruitment company based in the UK. They operate on a global scale to place passionate individuals at the heart of leading data centre companies. To learn more about Andy Davis and the rest of the DataX team, click here: DataX Connect

ai uk gpu capex data centres andy davis

Episode 261. 10 Units, 7.9% Loan, and a Boat in the Parking Lot: Real Multifamily Investing

Small Axe Podcast

Play Episode Listen Later Aug 4, 2025 17:56 Transcription Available

In this episode, I break down our real-life case study of a 10-unit Section 8 property we picked up in November 2023—right at the peak of interest rates. We negotiated it down from $950K to $825K, closed with a brutal 7.93% loan, and dealt with all the C-class chaos you can imagine… including a guy literally living in a boat in our parking lot. I'll walk you through: How persistence won the deal after months of “no's” Why we skipped renovations and parked our CAPEX at 5% interest Dealing with hurricanes, bad vendors, and Section 8 realities The upcoming refinance that could return 35–40% of investor capital tax-free Why infinite returns are the ultimate play This is the gritty, unfiltered side of multifamily investing most people don't talk about. If you want to know what it really takes to win in C-class properties, this is your episode. Links:

boats loans units parking lot capex multifamily investing apartment investing multifamily syndications real estate negotiation

Reshaping Hospitality Through Stories with CEO Frederick Zarrilli

How to Invest in Commercial Real Estate

Play Episode Listen Later Aug 4, 2025 13:01 Transcription Available

How does hospitality affect every interaction we have with residents? Tune in to hear Frederick Zarrilli, President and CEO of Senior Living Hospitality, give us the answer. From storytelling to paying attention to the little things, this episode is full of practical insights.Produced by Solinity Marketing.This episode was recorded at the NHI Music City Symposium. Sponsored by Aline, NIC MAP, Procare HR, Sage, Hamilton CapTel, Service Master, The Bridge Group Construction and Solinity. Become a sponsor of the Bridge the Gap Network.Connect with BTG on social media:YouTubeInstagramFacebookTwitterLinkedInTikTokMeet the Hosts:Lucas McCurdy, @SeniorLivingFan Owner, The Bridge Group Construction; Senior Living Construction Renovation, CapEx, and Reposition. Joshua Crisp, Founder and CEO, Solinity; Senior Living Development, Management, Marketing and Consulting.

ceo founders president stories marketing management bridge consulting hospitality reshaping capex btg reposition servicemaster solinity

EP 129: Capex to the Moon 2.0! Bubble Debate, and QCOM and Arm Earnings

The Circuit

Play Episode Listen Later Aug 4, 2025 57:55

In this episode, Ben Bajarin and Jay Goldberg discuss the latest earnings reports from major tech companies, exploring themes of market dynamics, investment in AI, and the implications of CapEx spending. They delve into the concept of whether we are in a bubble, the challenges of monetizing AI, and the competitive landscape among tech giants like Google, Meta, and Amazon. The conversation also touches on the potential disruption from Apple in the search market, the role of Nvidia in AI, and the future of companies like Qualcomm and Arm in a rapidly evolving tech environment.

Master the Language of Commercial Real Estate in One Episode

Play Episode Listen Later Aug 4, 2025 28:07

This episode is a rapid-fire masterclass on essential commercial real estate terms—from NOI to CapEx—designed to help investors speak the language of CRE with total confidence. Time Stamps: 0:00 - Introduction 3:30 - Intro to Commercial Real Estate Terminology 3:45 - NOI 4:40 - Cap Rate 6:10 - IRR 7:20 - Cash on Cash Return 8:30 - Equity Multiple 9:05 - Gross Potential Rent 10:00 - Effective Gross Income 10:25 - DSCR 12:30 - Operating Expense Ratio 12:40 - Break-Even Occupancy 13:10 - Debt Yield 13:30 - Appraisal 14:00 - Replacement Cost 15:15 - Basis 15:32 - Underwriting 15:56 - Pro Forma 16:07 - Rent Roll 16:18 - LOI 16:24 - PSA 16:42 - LTV & Leverage 17:14 - Amortization 17:45 - Balloon Payments 18:08 - Bridge Loans 18:52 - Recourse vs Non-Recourse 19:15 - Lease Types (Triple Net, Gross, Modified Gross) 20:00 - Anchor & Shadow Anchor 20:50 - TI (Tenant Improvements) 21:40 - CAM 22:09 - Rent Escalations 22:15 - Option to Renew 22:30 - GP / LP / Syndication 23:10 - Preferred Return 24:00 - Promote, Hurdle, Waterfall 25:10 - 1031 Exchange 25:45 - REIT 26:30 - CapEx / OpEx 26:45 - Stabilized Property 27:18 - Disposition Visit thecriterionfund.com to stay up to date on our latest investments and so much more! CommercialRealEstate #CREInvesting #RealEstateTerms #NOI #CapRate #IRR #CashOnCashReturn #DSCR #REITs #1031Exchange #CRE101 #PassiveIncome #ValueAdd #TripleNetLease #RealEstateFinance

master language anchor option gross promote commercial real estate cre noi hurdle ltv capex recourse

Microsoft Q4: The Greatest of All Time!!

Cloud Wars Live with Bob Evans

Play Episode Listen Later Aug 4, 2025 5:49

business history.Highlights00:14 — Now, any question about this greatest growth market the world has ever known was blown away last week, when Microsoft reported its fiscal Q4 earnings. And I think Microsoft's Q4 results have to be regarded as the greatest quarterly results of any company in any industry of all time.00:40 — Now, I cannot say that I have done a rigorous analysis of every quarterly report from every company in every industry there's ever been. But I will be wide open to hearing from anybody about anything that expands this. It could have grown even more, but customer demand is just swamping ability to build out data center capacity.01:38 — Microsoft Cloud used to be a nice, healthy portion of its business. It's now 61% of Microsoft's overall revenue. The total number for Microsoft's remaining performance obligation: $368 billion — a phenomenal, huge number. But it grew 37%, so you've got a combination here of scale with an incredible rate of growth here on this.03:31 — Azure in Q4, it grew 39%. If you look at the full year, Azure grew 34%. Now, revenue for Azure is over $75 billion. And the Q1 growth guidance for Azure is 37%. So again, even at these very large numbers, the growth rates are astonishing. Also looking ahead to Q1, which will end September 30, CFO Amy Hood said the CapEx is expected to be $30 billion.04:45 — We saw Google Cloud last week report very, very strong Q4. It's up 32% to $13.6 billion. Oracle's reporting just spectacular growth rates. RPO in its most recent quarter was 62%, and they're predicting 100% RPO for their fiscal year, which will end May 31 of next year. AWS numbers haven't come out yet, so I will get to them later next week. But hats off to Microsoft. Visit Cloud Wars for more.

microsoft oracle aws azure google cloud greatest of all time capex rpo microsoft cloud amy hood

Preserving History, Designing the Future - Aimee Sanborn - Defining Hospitality - Episode #210

donald trump ai microsoft scottish deals mark zuckerberg fed powell 100m tops earnings azure surges trade deals piers capex british podcast awards key themes market makers 75b

Play Episode Listen Later Aug 1, 2025 51:32

How is adaptive reuse shaping the hospitality industry?Aimee Sanborn, Senior Vice President of Architecture at Premier joins Dan to dive into adaptive reuse. Aimee shares her passion for preserving history and discusses the challenges and rewards of transforming historic buildings into vibrant, functional spaces. From the streets of downtown Dallas to the lush landscapes of Key West, discover the intricate process and the meticulous attention to detail involved in preserving architectural heritage while breathing new life into old structures. This episode is a must-watch for architects, designers, and anyone interested in the intersection of history and modern hospitality.Takeaways: Embrace challenges and view constraints as opportunities to innovate. Adaptive reuse projects are known for their "gremlins" and challenges, but these major challenges can lead to an innovative, celebrated solutionAlways consider the end-user's experience first. In hospitality design, it's about making people feel connected to a place, its story, and a bespoke experience. creating designated lobbies and preventing cross-circulation between different uses, such as luxury condos and the public domain, to enhance the resident's experience.During economic downturns or challenging times, focus on maintaining quality, supporting your team, and staying optimistic. Despite the hospitality design world experiencing a recession with fewer projects since COVID-19, remaining true to yourself When working on historic buildings, focus on creating a narrative that connects people to the place and its past. This branding and storytelling can be carried throughout the project, from the hotel component to other uses within a vertically integrated mixed-use development.A key to successful adaptive reuse is "purposeful preservation," which involves celebrating a building's history and unique characteristics while thoughtfully adapting it for new uses. This includes bringing new life to spaces in a way that feels fresh and welcoming.Leverage historic tax credits, as they can be a significant financial driver for adaptive reuse projects.Quote of the Show:“When it comes to historic buildings, it's about bringing new life to the spaces in a way that reflects their past, and makes them feel fresh and welcoming.” - Aimee SanbornLinks:LinkedIn: https://www.linkedin.com/in/aimee-sanborn-aia-ncarb-3b6b5944/ Website: https://www.premierpm.com/ Shout Outs:1:08 - Hector Sanchez https://www.linkedin.com/in/hector-a-sanchez-65799b7/ 6:34 - The National https://www.thenationaldallas.com/ 11:29 - Gail Nall https://www.linkedin.com/in/gale-nall-26ab1420/ 18:34 - Loucchese https://www.lucchese.com/ 18:36 - Chick-fil-A https://www.chick-fil-a.com/ 19:09 - Thompson Hotel Dallas https://www.thenationaldallas.com/thompson-hotel/ 19:30 - Monarch https://www.monarchrestaurants.com/about/ 19:58 - Renaissance Tower https://en.wikipedia.org/wiki/Renaissance_Tower_(Dallas) 21:09 - Ashford https://www.ashfordinc.com/ 21:39 - Braemar https://www.bhrreit.com/25:54 - Franklin Pinerua https://www.linkedin.com/in/franklin-pi%C3%B1er%C3%BAa-3a268092/ 25:57 - Johannes Michalsky https://www.linkedin.com/in/johannes-michalsky-80166b77/ 42:57 - Mel Brooks https://en.wikipedia.org/wiki/Mel_Brooks 43:56 - Texas Historic Commission https://thc.texas.gov/ 45:56 - La Pavillion New Orleans https://www.lepavillon.com/ 45:58 - Le Méridien Forth Worth https://www.marriott.com/en-us/hotels/dalwm-le-meridien-fort-worth-downtown/overview/ 48:41 - La Concha Key West https://www.laconchakeywest.com/ 49:20 - Ernest Hemingway https://en.wikipedia.org/wiki/Ernest_Hemingway

Meta Surges 12%, Microsoft Tops $4T and the Fed Turn Hawkish

Market Maker

Play Episode Listen Later Aug 1, 2025 40:54

Earnings season is in full swing and Meta and Microsoft are stealing the show. Anthony and Piers dive into why Meta's shares rocketed 12% on blockbuster earnings, a stunning rebound from its metaverse slump. They explore how Zuckerberg's all-in AI pivot is paying off, from $100M talent wars to $72B in CapEx.Microsoft's cloud machine, Azure, just clocked $75B in annual revenue with 34% growth catapulting the company past a $4 trillion valuation. Is $10 trillion next?Also on the docket: Trump's tariff campaign enters high gear as he turns a Scottish golf course into a global trade hub. Deals are landing, inflation fears rise, and Powell's hawkish stance is pushing the dollar higher. With a September Fed cut now a coin toss, markets are bracing for more.Big tech, big politics, and even bigger moves, your no-nonsense breakdown of the forces driving the summer markets.(00:00) Intro & Key Themes(01:37) Meta Earnings Surge(12:49) Trump's Trade Deals(17:04) Fed's Hawkish Shift(31:57) Microsoft's Cloud GrowthIf you enjoy the podcast, please vote for us in the 'Listeners' choice category at the British Podcast Awards 2025! All you need to do is click on the link, search for 'Market Maker' and input your details, it takes no more than 10 secs! Thank you x

RYTHMz Delivers “Internet in a Box” for Events, Emergencies, and MSP Continuity, Podcast

Telecom Reseller

Play Episode Listen Later Jul 31, 2025

Steve Copeland on empowering the channel with portable, multi-carrier connectivity at GTIA ChannelCon “We're built by an MSP—for MSPs.” — Steve Copeland, RYTHMz At GTIA's ChannelCon 2025, Steve Copeland, CEO of RYTHMz, sat down with Technology Reseller News Publisher Doug Green to share how his company is redefining connectivity with a turnkey solution: Internet in a Box. Purpose-built for MSPs, public safety, and event deployment, the ruggedized, multi-carrier platform offers rapid, portable internet anywhere—and opens the door to new recurring revenue opportunities. RYTHMz's solution was born from a real-world need. After fixing a mission-critical outage at a VIP event in Beverly Hills, Copeland began prototyping a compact, field-ready internet kit that MSPs could deploy at concerts, libraries, hospitals, schools, and beyond. Today, the system supports 5G bonding across Verizon, T-Mobile, and AT&T networks with real-time failover for uptime-critical operations—from POS systems at Comic-Con to disaster response at a public library following a fiber outage. “Our partners have deployed these at Coldplay concerts, ESPN live broadcasts, fiber installation fleets, and charter schools,” Copeland said. “If your customer can't go down, we're the ‘new internet' they need.” RYTHMz solutions start at $295/month, with channel partners renting or bundling the hardware to deliver high-availability connectivity without CAPEX. The platform offers both revenue protection and continuity—especially for MSPs who are already fielding outage-related calls without compensation. “We're already taking the calls. Why not get paid for them?” Copeland asks. As a longtime member of the MSP community, Copeland closed with a message about mentorship: “Grab someone and teach. We've got to pass this knowledge down.” To learn more about RYTHMz, visit rythmz.com.

ceo internet events espn vip 5g comic con beverly hills coldplay delivers verizon pos t mobile continuity emergencies copeland msp capex msps channelcon

#254 The Path to Cost Parity Between Sustainable Fuels & Fossil Fuels | Conor Madigan, Aether Fuels

The CleanTechies Podcast

Play Episode Listen Later Jul 30, 2025 56:24 Transcription Available

CleanTech founder Conor Madigan (Aether Fuels) reveals sustainable fuel tech breakthroughs, smart hiring, & building resilient climate startups.Join us as Conor Madigan, Founder and CEO of Aether Fuels, shares how their innovative tech is set to decarbonize aviation and shipping by drastically cutting costs and boosting fuel yield from waste streams. A second-time founder, Conor also unpacks his proven strategies for building high-talent, low-ego teams and fostering constructive tension for optimal results.Listen on: Apple Podcasts | Spotify | YouTube | Pocket CastsMemorable Quotes:"The overall result of that is to cut the capex of a plant by about 50%." — Conor Madigan"Until you've built a big network of your own... it's pretty invaluable to have a top-notch recruiter." — Conor Madigan"If you compare an electrified system versus a fired system, you can boost the output by about 20%." — Conor Madigan"I… try to create a constructive sort of tension inside of an organization by pairing together certain personality traits." — Conor MadiganIn this episode, we discuss:00:53 - Introduction to Conor Madigan and Aether Fuels03:55 - Aether Fuels' core technology and market05:27 - The innovation: cutting CAPEX and boosting yield28:00 - The year-long "funnel" to choose the right climate problem30:59 - Conor's philosophy on team building: high talent, low ego32:00 - Creating constructive tension in R&D vs. Engineering38:35 - Why senior hires need to be "player-coaches" at startups40:30 - Transparent communication during challenging times46:00 - Policy trends and market drivers for SAF49:50 - Cost parity expectations for Aether Fuels' productLinksConor Madigan | Aether FuelsConnect with Somil on LinkedIn | Connect with Silas on LinkedInFollow CleanTechies on LinkedInThis podcast is NOT investment advice. Do your homework and due diligence before investing in anything discussed on this podcast.Support the showIf you're gonna change the world, you're gonna need a world-class team. Partner with ErthTech Talent to help you do that, for less. 70+ Placements 5+ Years (exclusively in CleanTech) The Lowest Fees in the Market (12-15% of first-year salary) 90-day placement guarantee It's really hard to say no to that. Wait?! -- The best service is also the cheapest? Seems too good to be true, but it's the entire reason we started this company. We believe that Climate entrepreneurs are doing important work, and there should be a firm to help them find the best talent, without it breaking the bank. Reach out today for a free assessment of your hiring process. hello@erthtechtalent.com

LikeFolio: META "All In" on A.I., "No One Can Catch Them"

Play Episode Listen Later Jul 30, 2025 9:39

Nearly half of the world's population is on Facebook and/or Instagram, and LikeFolio's Landon Swan believes the company has a stellar advantage to capitalize on that audience. He's waiting to see how it will adjust its CapEx for A.I., though he argues there isn't much downside risk on increasing spending. Landon's bull thesis rests on how it can blend the evolving tech with advertising, something he sees as a prime growth driver.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

ios sling capex vizio market minute likefolio

META CapEx "Feedback Loop," Margins Give Company "Unique Position"

unique position ios alphabet margins sling feedback loops capex vizio meta platforms googl market minute

Play Episode Listen Later Jul 30, 2025 4:39

A lot of focus for Meta Platforms' (META) earnings will be on its CapEx spending. David Volpe expects the Mag 7 company to boost spending and follow Alphabet's (GOOGL) footsteps, though as long it's toward A.I. growth, he thinks it will be seen as favorable. Francisco Bido adds that the company can create a "feedback loop" through A.I. that will boost user engagement exponentially long-term. They later turn to Meta's ad spend and its importance in earnings.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

A.I. Takes Over Mag 7: A.I. Growth for META & MSFT Expected in Earnings

The Uptime Wind Energy Podcast

Play Episode Listen Later Jul 30, 2025 11:49

There's a lot of metrics to watch between Meta Platforms (META) and Microsoft (MSFT) in their earnings Wednesday. Dan Morgan will focus on data centers, CapEx, and Llama for Meta, believing future success lies in how the company utilizes its A.I. spend. As for Microsoft, Dan says it's all about Azure cloud and proving A.I. monetization will accelerate growth. Tom White offers example options trades for both Mag 7 giants ahead of their reports after the closing bell.======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

growth microsoft options ios expected llama earnings azure sling capex msft vizio tom white dan morgan microsoft msft market minute meta platforms meta

GE Vernova Q2 Results, Massive Iberdrola Share Sale

Play Episode Listen Later Jul 29, 2025 37:49

The Uptime hosts review GE Vernova's Q2 financials, noting strong gas turbine orders and delays in onshore wind. They discuss PTC impacts on future turbine orders and Iberdrola's €5 billion share sale for power grid expansions. An update on Vineyard Wind highlights ongoing blade issues and legal complexities. The wind farm of the week is the Nobles Two Wind Farm in Minnesota. Register for the next SkySpecs Webinar! Sign up now for Uptime Tech News, our weekly email update on all things wind technology. This episode is sponsored by Weather Guard Lightning Tech. Learn more about Weather Guard's StrikeTape Wind Turbine LPS retrofit. Follow the show on Facebook, YouTube, Twitter, Linkedin and visit Weather Guard on the web. And subscribe to Rosemary Barnes' YouTube channel here. Have a question we can answer on the show? Email us! You are listening to the Uptime Wind Energy Podcast brought to you by build turbines.com. Learn, train, and be a part of the Clean Energy Revolution. Visit build turbines.com today. Now, here's your host. Alan Hall, Joel Saxon, Phil Ro, and Rosemary Barnes. Allen Hall: Welcome back to the Uptime Wind Energy Podcast. I'm Alan Hall from the Queen City, Charlotte, North Carolina, and I got Phil Totaro in Santa Barbara, Cali, and Joel is back in the Lone Star state of Texas near Austin. And. Uh, Q2 results came out from GE Renova. In fact, they had a little webinar this morning to discuss it. Uh, a lot of different aspects to ge. Renova, as we all know, nuclear sort of high voltage, little tiny bit transmission, but, uh, wind of course gas turbines. So they are definitely setting the course for [00:01:00] a gas turbine world. And Phil, how, how far out are orders for their gas turbine products? Phil Totaro: The last I heard talking to somebody from GE who said it was 2031 at this point, um, although things can be accelerated depending on if you're willing to pay a bit of a premium, they can, uh, you know, move you up in the queue, so to speak. Um, but it's, uh, you know, it's a pretty, uh, far off thing. Um, and unfortunately. You know, it looks like GE hasn't announced a lot of new orders for onshore wind, but nobody has in the United States. Everybody was waiting in Q1 and Q2 to see what the outcome of the production tax credit, uh, changes were gonna be. Now that we have definitive, you know, legislation on that. Um, it's going to actually trigger a lot of safe harbor orders, uh, assuming that companies can actually deliver turbines. [00:02:00] Um, because in order to safe harbor, you actually have to physically receive and store, um, something equivalent to 5% of the CapEx cost of the project. So that has to happen now before. Uh, July, 2026. And because of that, uh, I think you're actually gonna see a lot of companies that had been holding off on placing their turbine supply orders. Uh, all of those are gonna start getting announced in Q3 and Q4, so it's gonna be like a monster quarter. Uh, that's gonna more than make up for any shortcomings from, uh, from this past quarter. Joel Saxum: This is a, I'm, I'm dreaming here. Uh, could you see that this thing is, this legislation, the way it sits right now, all of a sudden all these orders come in and people are buying turbines to safe harbor them. And it's just making that, that renewable industry economy just churn for a year. And then it comes down to it. And like that is taking notice of by the administration, taking notice of like, Hey, actually there is demand for this renewable [00:03:00] energy. There is a ton of jobs happening here. There's all kinds of people trucking, there's all kinds of people delivering. And then like, maybe we should relax and change these things because this, they're still moving forward. Could you see that changing? Phil Totaro: That is unlikely. But they're definitely, I mean, we know how politics works, and this isn't exclusive to any, you know,

united states texas north carolina minnesota massive sale register ge santa barbara lone star renova queen city uptime capex ptc iberdrola alan hall vineyard wind

960: Decoding the Hotel Pipeline: Trends Every Owner Should Know

No Vacancy with Glenn Haussman

Play Episode Listen Later Jul 28, 2025 27:19

The data is in—and it's not just about pipeline volume, it's about what the numbers really mean. In this #NoVacancyNews, Glenn Haussman sits down with Bruce Ford, SVP at Lodging Econometrics. They're breaking down the latest U.S. #hotelconstruction pipeline data and uncovering the trends shaping where and how hotels will renovate and build next.

new year las vegas owner nashville hotels pipeline decoding svp hard rock capex glenn haussman bruce ford lodging econometrics

A Senior Living Play by Play with Industry Veteran Robb Chapin

Play Episode Listen Later Jul 28, 2025 16:48 Transcription Available

Join Robb Chapin, Co-Founder of Channel Marker Advisors, as he joins the show to give us a play-by-play breakdown of senior living. Hear incredible insights from an industry veteran on the current state of senior living and the direction we're headed. Hear everything from new projects to how operators can pivot to thrive.This episode was recorded at the NHI Symposium. Produced by Solinity Marketing.Sponsored by Aline, NIC MAP, Procare HR, Sage, Hamilton CapTel, Service Master, The Bridge Group Construction and Solinity. Become a sponsor of Bridge the Gap.Connect with BTG on social media:YouTubeInstagramFacebookTwitterLinkedInTikTokMeet the Hosts:Lucas McCurdy, @SeniorLivingFan Owner, The Bridge Group Construction; Senior Living Construction Renovation, CapEx, and Reposition. Joshua Crisp, Founder and CEO, Solinity; Senior Living Development, Management, Marketing and Consulting.

ceo founders marketing co founders management veterans bridge consulting gap robb play by play senior living capex chapin btg reposition servicemaster solinity

GOOGL "Set Tone" for Mag 7 Earnings, CapEx & Data Centers Key Figures

Cloud Wars Live with Bob Evans

Play Episode Listen Later Jul 28, 2025 5:48

The A.I. race is heating up, and according to Christine Short, no one showed that more than Alphabet (GOOGL) last week. She points to the mega cap company's cloud revenue and planned $85 billion capex spending as a clear signal A.I. is here to stay. Ivana Delevska says it will be a long road for Mag 7 companies to deliver on those returns, a risk she says investors should be aware of. She notes Apple's (AAPL) headwinds it needs to address in earnings.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

apple ios figures tone earnings data centers sling capex vizio aapl googl market minute

Google Cloud Q2 Boom Shows Big Momentum Among AI-Hungry Customers

Play Episode Listen Later Jul 28, 2025 5:36

In today's Cloud Wars Minute, I break down Google Cloud's explosive Q2 performance — including a 32% revenue jump, a $106 billion backlog, and a surge in billion-dollar deals.Highlights00:14 — We saw a great re-acceleration by Google Cloud. In Q2, it recorded great numbers across the board. I think what this shows is that large enterprises are buying fully into the Google Cloud value proposition. It's made huge strides there. These are AI-hungry customers who realize they've got potentially a great partner in Google Cloud.01:05 — Q2 revenue for Google Cloud was up 32% to $13.6 billion. The backlog for Google Cloud was up 38% to $106 billion. This is a number that Google Cloud has not released publicly before. It was buried deep in their numbers. But it brought it up on the earnings call. One quarter ago, it was about $90 billion. It's now at $106 billion. Billion-dollar deals surged.02:39 — It added 28% more in Q2 than it did in Q1 — huge. Again, a sense of momentum. It's bringing in new revenue, new customers, new prospects. Also, Google Cloud's parent company, Alphabet, is boosting CapEx by $10 billion for this year — up from the original $75 billion plan.03:38 — I'll be looking to see, on July 30, when Microsoft releases its numbers: did they see the same kind of growth acceleration that Google Cloud did? In Q1, Google Cloud's revenue grew 28%. This quarter, it improved to 32%. While Microsoft's cloud business is much bigger than Google Cloud, it's understandable that Google Cloud would have a higher growth rate.04:35 — Google Cloud is doing a lot of things right — from its AI-native technology and cloud infrastructure business, to what it's doing in data analytics, and the way it's forged partnerships with everybody: Oracle, SAP, ServiceNow, Salesforce, Workday. It's really opened it up.05:00 — It's making it easier for customers to put together the complex types of solutions needed as we move into this very different future. Hats off to Google Cloud and Thomas Kurian for a great quarter. Visit Cloud Wars for more.

ai microsoft boom billion customers momentum hungry oracle salesforce hats alphabet sap workday google cloud servicenow capex thomas kurian

#109 OpenAI vs Google: The Real Business Model War Begins

More or Less with the Morins and the Lessins

Play Episode Listen Later Jul 25, 2025 56:47

This week on More or Less, Sam Lessin, Brit Morin, and Dave Morin dive into the startup world and how today's founders need to bring fun back into the ecosystem, why most public policy around AI is just noise, whether Apple's best move is to simply not care about AI hype, and the business model reckoning for OpenAI. Stay till the very end for a sneaky savage moment from Brit!Chapters:02:00 – The Real Reason Early VC Worked: Fun03:50 – Authentic Fun vs. Fake Fun in Startups05:40 – AI Hacks, JSON, and the Joy of Building09:45 – AI Data, Human Correction, and Social Graphs12:15 – Tesla's Trillion-Dollar Marketing Stunts16:23 – Google's CapEx, Meta's Moat, and AI Spending18:15 – OpenAI's Extension: Business Model Reckoning27:08 – Apple's AI Strategy: Does Not Caring Win?36:20 – AI Companions & The Threat to Social Platforms39:15 – Google's Secret Weapon: Let OpenAI Take the Bullshit47:15 – Founders: Build What You Love, Or Regret It53:30 – Savage Brit & Monjaro Shots in NYCWe're also on ↓X: https://twitter.com/moreorlesspodInstagram: https://instagram.com/moreorlessYouTube: https://www.youtube.com/@MoreorLessPodConnect with us here:1) Sam Lessin: https://x.com/lessin2) Dave Morin: https://x.com/davemorin3) Jessica Lessin: https://x.com/Jessicalessin4) Brit Morin: https://x.com/brit

ai google apple tesla threats chapters openai business models capex moat json real business ai data jessica lessin brit morin dave morin

America's CAPEX Comeback - Joe Lavorgna Counselor to Treasury Secretary Scott Bessent

West Michigan Live with Justin Barclay

Play Episode Listen Later Jul 25, 2025 6:57 Transcription Available

Get the stories from today's show in THE STACK: https://justinbarclay.comKirk Elliott PHD - FREE consultation on wealth conservation - http://GoldWithJustin.comJoin Justin in the MAHA revolution - http://HealthWithJustin.comTry Cue Streaming for just $2 / day and help support the good guys https://justinbarclay.com/cueUp to 80% OFF! Use promo code JUSTIN http://MyPillow.com/JustinPatriots are making the Switch! What if we could start voting with our dollars too? http://SwitchWithJustin.com

america comeback switch counselors stack maha my pillow capex treasury secretary

071 - Relational Blending: Connecting Finance Strategy to the Details with OneStream

CPM Customer Success: Tips for Office of Finance Executives on their Corporate Performance Management journey

Play Episode Listen Later Jul 25, 2025 13:57

In this episode of CPM Customer Success, we explore how OneStream's relational blending capability empowers FP&A teams to plan faster, forecast smarter, and tie every strategic decision back to granular operational data — all in real time. This episode covers: The biggest pain points finance teams face when working with disconnected data How relational blending allows real-time integration of HR, sales, project, and operational data into financial models Real-world use cases, including People Planning, CapEx, Zero-Based Budgeting, and Lease Accounting A detailed success story from a large state university in the Southeast that streamlined 24 legacy apps and enabled planning across 25,000 employees with OneStream Whether you're struggling with siloed systems, Excel chaos, or slow decision cycles, this episode will help you reimagine FP&A with a unified, driver-based approach. Subscribe to stay ahead in your finance transformation journey.

real connecting excel southeast relational blending capex finance strategy onestream

837: One Tiny Detail That's Saving Solar Developers Millions, Ann Will | GroundWork

SunCast

Play Episode Listen Later Jul 24, 2025 101:05

What if the smallest line item in your solar project budget could unlock millions in financing?Solar projects don't get financed on hope—they get financed on data.Meet Ann Will, founder of GroundWork Renewables, the company solving one of utility-scale solar's biggest pain points: uncertainty. GroundWork has quietly enabled over 1,000 met campaigns and helped developers secure billions in funding with high-accuracy irradiance and resource assessment data.In this episode, you'll discover how Ann turned a mid-life career pivot into a multimillion-dollar clean energy business that developers and financiers now rely on to de-risk their projects.Ann's story blends grit, intuition, and a deep understanding of both Wall Street and renewable energy. From pioneering irradiance measurement campaigns to scaling nationwide data platforms and working with leading developers like Recurrent Energy and Lightsource bp, Ann has helped the industry embrace data as a competitive advantage.Expect to learn:

saving wall street millions solar developers detail groundwork capex valence light source nico johnson suncast trina solar

Sec. Bessent's Top Counselor Joe Lavorgna on the CapEx Comeback!

The Dawn Stensland Show

Play Episode Listen Later Jul 24, 2025 12:13

Dawn welcomes Joe Lavorgna, Counselor to Treasury Secretary Scott Bessent, onto the Dawn Stensland Show to hear some great news about the economy, some positive trends and a 'CapEx Comeback' in private industry in response to the passing of the One Big, Beautiful Bill. Lavorgna tells about a provision in the bill that allows business to fully expense capital expenditures moving forward and retroactively to the start of Trump's term. Also, Lavorgna previews what to expect ahead from Bessent and the Trump administration, as Trump plans a trip to the Federal Reserve to meet with Chair Jerome Powell.

donald trump news comeback counselors federal reserve one big capex

The Art of Feeling Known - Bruno Viterbo - Defining Hospitality - Episode #209

Human Events Daily with Jack Posobiec

Play Episode Listen Later Jul 23, 2025 73:30

Ever wondered how a space can make you feel genuinely cared for? Bruno Viterbo, Vice President of Design at Irvine Company, shares his profound insights into 'the sense of being known' and how it transforms hospitality design at every scale. Bruno shares his extensive experience in the design and real estate industries, including insights from his previous roles at Champalimaud Design and Las Vegas Sands Corp. He reflects on the unique lessons learned from industry legends and how these insights have shaped his approach to creating extraordinary spaces. The episode highlights the significance of partnerships, the role of conviction in leadership, and the challenges and creativity involved in working within regulatory constraints.Takeaways: Taking a moment to genuinely connect with people around you can provide opportunities for deeper understanding and relationships. Make an effort to be attentive and engaged in your interactions.Maintaining a sense of curiosity about other cultures, experiences, and professions can greatly enhance your perspective and creativity. Don't hesitate to dig deeper and ask questions about the hows and whys of different practices.Cultivating long-term relationships with colleagues, clients, vendors, and mentors can significantly enhance your professional journey. Trust and mutual respect are foundational to successful collaborations.Embrace challenges and view constraints as opportunities to innovate. Regulatory and environmental constraints can inspire new levels of creativity and problem-solving.Always consider the end-user's experience first. This mindset can guide decisions in design, customer service, and overall environment creation, ensuring a more meaningful impact.During economic downturns or challenging times, focus on maintaining quality, supporting your team, and staying optimistic. Resilience and adaptability can help navigate and thrive in difficult periods.Learning from experienced professionals can significantly shape your career. Be open to listening and absorbing lessons from mentors and industry veterans.Quote of the Show:“I started by thinking that we needed to do a lot, and over time I realized I just need to listen a lot more. Then the doing sort of comes with it.” - Bruno ViterboLinks:LinkedIn: https://www.linkedin.com/in/bruno-viterbo/ Instagram: https://www.instagram.com/viterbobruno/ Website: https://www.irvinecompany.com/ Shout Outs:0:41 - Champalimaud Design https://www.champalimaud.design/ 0:42 - Las Vegas Sands Corp https://www.sands.com/ 0:56 - Gold Key Awards https://goldkeyawards.com/ 1:47 - HD Expo https://hdexpo.hospitalitydesign.com/ 9:05 - Alexandra Champalimaud https://www.linkedin.com/in/alexandra-champalimaud-1741b91b/ 9:10 - Sheldon Adelson https://en.wikipedia.org/wiki/Sheldon_Adelson 9:12 - Wing Chao https://en.wikipedia.org/wiki/Wing_T._Chao 12:13 - Disney https://www.disney.com/ 21:56 - NeoCon https://neocon.com/ 24:20 - Donald Bren https://www.donaldbren.com/ 28:12 - Napoleon https://en.wikipedia.org/wiki/Napoleon 28:14 - Julius Caesar https://en.wikipedia.org/wiki/Julius_Caesar 35:35 - Traction https://www.amazon.com/Traction-Get-Grip-Your-Business/dp/1936661837 41:55 - Bear Stearns https://www.bearstearnscompanies.com/ 47:29 - The Venetian https://www.venetianlasvegas.com/ 47:34 - CES https://www.ces.tech/

Ozzy Osbourne Dead at 76, Ghislaine Maxwell Subpoenaed and The CapEx Comeback

Play Episode Listen Later Jul 22, 2025 48:13

Here's your Daily dose of Human Events with @JackPosobiecThe only thing worse than getting hacked is knowing you could have stopped it and didn't take action when you could have. So go to https://www.PATRIOT-PROTECT.COM/POSO and use promo code Poso for 15% off a yearly subscription.Support the show

comeback ozzy osbourne ghislaine maxwell capex human events poso

Facing the Future of Senior Living in Secondary Markets with Jimmy Justice