By Brian Sozzi
Publication Date: 2026-01-29 13:34:00
Big Tech earnings season has begun!
All tech companies — especially the “Magnificent Seven” — have a lot to prove. Investors want it all right now, from great 2026 guidance to signs these companies made money from AI investments in the fourth quarter.
“I do think that there will eventually be a correction [in tech],” prominent venture capitalist Bill Gurley said in a new episode of Yahoo Finance’s Opening Bid Unfiltered podcast (listen below). “And one of the reasons that I feel strongly about that is that so many of the players, so many of the competitors, especially the deep-pocketed venture-[backed], ones that have raised tons of venture capital, they’re losing massive amounts of money.”
“More than Uber ever lost, which was a lot and more than Amazon ever lost,” he added. “And so the burn rates are bigger than they’ve ever been in the history of venture capital. And eventually they’re going to want to bring those in.”
The first crop of tech earnings didn’t…
