We are in the midst of the biggest technological revolution in modern history. Alphabet, GOOGL, just raised their full-year 2026 CapEx guidance to up to $205 billion. This annual CapEx budget alone is larger than the market cap of all but 85 companies in the world. The Magnificent 7 will soon spend over $1 trillion in combined annual CapEx. This is a once-in-a-lifetime technological revolution.(The Kobeissi Letter)