BWB - Brians news letter invest-x just gave a pretty clear indicator to watch for Nvidia earnings

From BWB - Business with Brian
“The four largest hyperscalers, Amazon, Microsoft, Google, and Meta, have collectively guided 2026 capex to roughly $725 billion. That number is up 77 percent from $410 billion in 2025.
 
That's a $315 billion year-over-year increase in stated AI infrastructure spending. Most of it flows downstream to NVIDIA.
 
And the buy side already knows this number, which means tonight's print is asymmetric. The downside is wider than the upside, because NVIDIA needs to deliver a forward data center guide that exceeds what hyperscalers already promised they'd spend.
 
The single number to listen for on the 5pm call: Q3 data center revenue guidance versus consensus. That's the diagnostic. Everything else is noise.”