Jed Ellerbroek sees a mixed picture for big bank earnings that kicked off the final earnings season of 2026. However, he warns of investors becoming more uncomfortable with Big Tech firms using their ROI and reinvesting it into CapEx. For this earnings season, Jed makes the case hyperscalers like Alphabet (GOOGL), Microsoft (MSFT), Meta Platforms (META), and Amazon (AMZN) need to demonstrate the data center story is working. Also mind caution in single stock volatility even if these companies post phenomenal results.