Microsoft, Meta, Amazon face investor anxiety over AI spending as Big Tech capex tops $700B

NewsFri, 24 Jul 2026 18:44:34 UTC1 hour ago
Microsoft, Meta, Amazon face investor anxiety over AI spending as Big Tech capex tops $700B

Alphabet's $15B capex hike triggered a tech sell-off hitting Microsoft, Meta, Amazon. Big Tech's combined AI spending now tops $700B for 2026.

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