Michael and Johnny look at 2020 Q4 earnings for Apple, Amazon, Alphabet, Alibaba, Microsoft, Facebook, and Tesla. We cover the numbers, discuss the market's reaction, and decipher if this is sustainable.

In the News of the Week, Jeff Bezos is stepping down as CEO to become the Chairman of Amazon, while Andy Jassy is becoming the CEO of Amazon.

We live stream on Twitch Sundays at 9 AM PST!

Recorded Date: Sunday, February 7, 2021

Time Stamps

• 00:00:18: News of the Week
• 00:02:27: Earnings Season
• 00:03:37: Apple
• 00:09:27: Amazon
• 00:20:26: Alphabet
• 00:27:05: Alibaba
• 00:31:43: Microsoft
• 00:36:29: Facebook
• 00:39:41: Tesla

Highlights

• Johnny's boss, Jeff Bezos is stepping down and Andy Jassy, AWS' CEO is becoming Amazon's CEO
• It's earnings season! One Hundred Billion Dollars+
• There were no bad earnings for Big Tech
• The party doesn't start until Apple walks in
• Apple brought in a record $111B+ in revenue - sales could have been more!
• Amazon booked a record $125.56B in revenue and shipped 1 billion + products
• For Google and Facebook, ads have bounced back
• Someone at Youtube has been heeding Michael's advice
• Alibaba continues to grow tremendously
• Facebook has called out Apple as a competitor
• Tesla delivered almost 500,000 cars over 2020 and achieved first year of profitability
• It is good to be in Big Tech - but is this sustainable? Can they maintain this rate of growth?

Links

• Amazon will have a new CEO as Jeff Bezos transitions to executive chair later this year

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