9AM HOUR: "Trillion-Dollar Club" Earnings: Alphabet Tumbles, Microsoft Rises, Eli Lilly CEO Exclusive 10/29/26
Summary
David Faber and Jim Cramer analyze diverging earnings from tech giants, contrasting Microsoft’s disciplined growth with Alphabet’s plunging shares due to slowing search ad revenue. They also discuss Oracle’s positive investor day, Caterpillar’s market reaction, and ServiceNow’s valuation concerns. The episode features an exclusive interview with Eli Lilly CEO Dave Ricks on obesity drug expansion and capacity, alongside brief takes on FedEx, Fortinet, and T-Mobile.
Topics discussed
Sponsors and show introduction
Market overview: Tech giants moving in opposite directions
Alphabet earnings: Search slowdown and AI monetization concerns
Alphabet deep dive: CapEx discipline and stock pressure
Microsoft vs Alphabet: CFO discipline and cloud performance
Microsoft earnings: Azure growth and Copilot adoption
Microsoft financing flexibility and CFO commentary
Discussion on AI search behavior and legacy credit scores
Sponsors: Vantage Score and LinkedIn Hiring Pro
Eli Lilly interview: Obesity drug rollout and Medicare program
Eli Lilly: Patient retention and new drug mechanisms
Eli Lilly: Muscle loss concerns and manufacturing capacity
Sponsors: LinkedIn and NPR Machine Gods podcast
Opening bell and stock picks: FedEx and AI outlook
Oracle investor day: Cash flow targets and data center capacity
Oracle financing and Caterpillar stock analysis
MasterCard results and ServiceNow stock decline
ServiceNow: SaaS model concerns and stock-based comp
Cybersecurity stocks: Fortinet, CrowdStrike, and T-Mobile
DoorDash-Instacart merger and antitrust challenges
Optical transceiver merger rumors and data center components
Closing remarks and upcoming segments
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