2026-05-01：The $725 Billion Capex Trap: How Meta's AI Spending Broke the Megacap Correlation

A $725 billion question is hanging over the market: when does AI infrastructure become a moat, and when does it become a trap? In this episode, DeepMarket follows the split that stunned megacap tech, with Meta punished despite a blowout quarter, while Amazon and Alphabet are rewarded for turning compute into visible cloud revenue. But the most interesting twist may be outside software entirely. Caterpillar is quietly becoming a data center power proxy, Western Digital is riding a storage shortage that could last into 2028, and Nvidia faces a more complicated future as hyperscalers push custom silicon. Add oil above $111, a Fed that may not cut until 2027, and one question gets harder to ignore: who really owns the AI buildout? https://deepmarket.report/en/report/us_stocks/2026-05-01