14. AI Hype vs. Earnings: What Happens Next?

AI dominated the headlines. Capital flowed into chips, data centers, and infrastructure. Boards approved major spending plans. Investors took notice.Now comes the harder question. Will the earnings follow?In this episode of Quarter Over Quarter, Tom Moran and Don Drury move beyond the buzz and walk through a framework investors often use to assess adoption—starting with utilization, not just innovation. They also explore how AI-driven spending can affect a wide range of industries, including areas outside of traditional tech. The conversation touches on energy demand, nuclear developments, margin considerations, and the role that “picks and shovels” businesses can play during large-scale technology buildouts.—-Subscribe and follow along, we're just getting started!The content on this page and/or video is for educational purposes only and should not be construed as investment advice. Specifically, the content is intended to provide education and tools for individuals looking to handle their retirement planning on their own. Should you need personalized investment advice, you should consult with a registered investment adviser. Any communications on this page with other individuals that are not associated with Moran Wealth Management, LLC are done voluntarily by users and are unsupervised and unaffiliated with Moran Wealth Management, LLC and Moran Wealth Management, LLC has no responsibility or liability over any discussions or advice that may be given. Moran Wealth Management, LLC is a registered investment adviser and can provide investment advice. If you are interested in Moran Wealth Management, LLC’s advisory services, you can contact us at 239-920-4440 or [email protected] disclosures, visit: https://www.moranwm.com/disclosuresThis communication may contain testimonials of Moran Wealth Management’s clients. These testimonials reflect the real-life experiences and opinions of these customers. However, these experiences are personal to them and are not necessarily representative of all clients’ experiences. Moran Wealth Management® makes no claim, and you should not assume, that all clients will have the same experiences. Your individual results will vary. The views and opinions contained in the testimonials belong solely to the individual client and do not reflect our views and opinions. Clients are not paid or otherwise compensated for their testimonials.