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Big Tech’s $1.1 trillion cloud computing backlog
Now that the big dogs of cloud computing have all reported their quarterly earnings, we can step back and get a sense of the searing demand that AI is driving toward their businesses. , , and each re...
Apple is the only Big Tech company whose capex declined last quarter
If you’ve been following the Big Tech companies’ earnings reports, you know that they’re pouring more than ever into capital expenditure to pursue their AI futures. , , , and all spent record sums la...
Alphabet could buy some pretty huge businesses with the amount of money it plans to spend this year
Hey 𝙶̶𝚘̶𝚘̶𝚐̶𝚕̶𝚎̶ big spender! As part of Wednesday’s Q4 report, where revenues rose across every division and earnings and sales beat expectations , also announced that it expects capital expenditure...
Big Tech capital expenditure soared in 2025. It’s going up another 50% in 2026.
Last quarter was one for the record books when it came to Big Tech’s purchases of property and equipment. Combined, , , , and spent nearly $400 billion on capex, sans leases, in total last year, most...
Amazon slides as it misses on Q4 earnings, gives downbeat profit guidance
shares slid after the company missed Wall Street’s expectations for fourth-quarter earnings, gave downbeat first-quarter profit guidance, and forecast a whopping $200 billion of capital expenditure th...
Analysts like Google’s earnings report, even if investors didn’t
Investors aren’t reacting positively to supercharged spending plans — the company said it will nearly double its capital expenditure this year — with the stock down about 4% today after reporting ear...
Part of the reason for Google’s huge capex plans: It has a $240 billion revenue backlog
reported strong earnings yesterday that beat analysts’ expectations. But the thing that caught investors’ attention was Google’s capex plans. The company spent a whopping $91.4 billion for all of 2025...
Nvidia rebounds after Foxconn posts massive sales growth in January, highlights increasing demand for AI racks
is rebounding from its worst five-session decline since April this morning after Hon Hai Technology Group posted massive sales growth for January, up 35.5% year on year. Hon Hai, more commonly known a...
Broadcom soars on Google’s plans for up to $185 billion in capex this year
capex guidance is ’s earnings guidance. The hyperscaler and search giant said its 2026 capex budget would be between $175 billion and $185 billion, 55% higher than Wall Street had anticipated.
Alphabet beat earnings and revenue expectations
Alphabet released its fourth-quarter earnings Wednesday. The search giant reported earnings per share of $2.82, beating the FactSet analyst consensus of $2.63. The parent’s revenue was $113.8 billio...
For hyperscalers like Amazon, how much capex is too much?
Investors have given the world’s tech giants a long leash when it comes to dumping hundreds of billions of dollars into their respective armadas of AI data centers. This earnings season is giving us s...
Super Micro soars as blockbuster Q2 results restore faith in the AI server company
more than doubled its sales in Q2, and, perhaps more importantly, may have also doubled the trust that investors have in the company. Shares are soaring in the wake of the AI server company’s quarterl...
Nvidia poised to invest $20 billion in OpenAI, per report
is close to investing $20 billion in OpenAI’s funding round, per Bloomberg , citing people familiar with the matter. That would make its OpenAI stake more than the market value of chip designer’s enti...
Nvidia slumps to fresh lows after Jensen Huang affirms plans to invest in OpenAI
is on track for its worst loss since late November, with shares extending losses after CEO Jensen Huang said the chip designer’s plan to invest in OpenAI is “on track.” “There’s no drama involved,” he...
Oracle plans to raise up to $50 billion in debt and equity this year to fund its AI ambitions
On Sunday evening, told investors just how much money it’s going to need to from them to fund its data center expansion efforts. Management said it plans to raise $45 billion to $50 billion this cal...
Microsoft shares have biggest single-day drop since March 2020
Yesterday, reported strong earnings and revenue for its second quarter, but the stock plunged after-hours. Investors seem to have been concerned about so much of Microsoft’s booked contracts coming f...
WSJ: Amazon considering $50 billion investment in OpenAI
What a difference half a day makes. Earlier today, The Information reported that was considering investing roughly $10 billion to $20 billion in OpenAI as part of a $60 billion fundraising round alon...
Translating Microsoft CEO Satya Nadella
On yesterday’s second-quarter earnings call, CEO Satya Nadella laid out the company’s strategy for growing its AI infrastructure to meet the intense demand it’s seeing while still keeping costs under...
Digging into Microsoft’s cloud backlog
Azure cloud computing unit is seeing huge demand. In yesterday’s second-quarter earnings call, Microsoft CFO Amy Hood said the company’s commercial bookings increased 230% thanks to large commitments...
Meta and Tesla are funding the future with their core businesses — but only one of them is still growing
Tesla and Meta are betting a lot of money on a future that does not yet exist. Both companies posted better-than-expected earnings Wednesday, but is trading through the roof Thursday while stock is ...