Big tech earnings defy the macro - and AI is why

Episode notes

In one of the most consequential earnings weeks of 2026, hosts Kate Scott-Dawkins and Jeff Foster break down results from Alphabet, Amazon, Meta, Microsoft, Apple, Reddit, Roku, Comcast, Rogers, Televisa Univision, and Spotify. The overarching story: digital advertising is not just healthy - it's accelerating, decoupling from broader macroeconomic pressures, and being fundamentally reshaped by AI. Meanwhile, sports continues to dominate the traditional TV conversation, and the Fed's most divided rate decision in decades signals turbulence ahead.

• How AI is supercharging a 1.3 trillion ad market (feat. Spotify at Cannes Lions)64 / 100
• The rush: what the AI boom means for advertising in 2026 (This Year Next Year)
• The Meta & Google story, inflation, Netflix earnings, and EU merger reform
• Why ad markets hold when oil doesn't
• Oil shock, inflation, and the eCommerce boom: what it means for brands