Tech Earnings
From Lumida Wealth : Non-Consensus Invest Beyond the Ordinary by Ram Ahluwalia
April 29, 2026 · 11 min · Episode 123
About this episode
The episode discusses the evolving landscape of tech earnings and AI's transition to a secular growth narrative, along with strategic insights on portfolio positioning.
In this episode of FSD, Lumida Wealth Management explores the shifting landscape of tech earnings and the transition of AI from a "cyclical" to a "secular" growth story. We dive into the massive 19% earnings growth expectations for the developed market and what the "Pentagon pivot" means for data center compute demand. The episode also breaks down the strategic "divorce" between Microsoft and OpenAI, explaining why Microsoft’s corporate development team may have secured one of the best deals in tech history. From semiconductor momentum to non-consensus plays in China, we discuss how to position your portfolio for a constructive mid-year rally.
People in this episode
Host: Ram Ahluwalia
Topics covered
- tech earnings
- AI growth
- data center demand
- Microsoft and OpenAI
- semiconductor momentum
- portfolio positioning
Keywords
- tech earnings
- AI
- Microsoft
- OpenAI
- data centers
- semiconductors
- China
- portfolio strategy
Mentioned in this episode
Organizations: Lumida Wealth Management, Microsoft, OpenAI, Pentagon, China
More episodes of Lumida Wealth : Non-Consensus Invest Beyond the Ordinary
- FSD: How to Raise Venture Money · June 4, 2026 · 24 min
- FSD: Google and SpaceX IPOs · June 3, 2026 · 49 min
- How AI Will Transform Investing · June 3, 2026 · 1h 9m
- FSD: Summer of ‘69 · June 2, 2026 · 19 min
- FSD: Semis, Semis, Semis Oh My · May 7, 2026 · 53 min
- FSD: Best Buy is Raising My Kids · May 4, 2026 · 36 min
Explore listener stats, chart rankings, contacts and more on the Lumida Wealth : Non-Consensus Invest Beyond the Ordinary podcast page.