Editorial companion

What stands out

Dan Ives kicked off with a blunt line: AI is still in the "third inning" and only about 5 percent of companies are paying for it today. On Schwab Network he used this week’s Big Tech earnings to argue the results still validate a long-term AI growth story, while explaining why the market cheered Microsoft and Amazon in different ways after their reports. For investors, the clip is a reminder that the AI narrative is real but the winners will be those that translate adoption into predictable profits.