Big Tech Raises AI Spending Plans Toward $725 Billion
Amazon, Microsoft, Google and Meta have lifted or reaffirmed 2026 capital-spending plans to a combined $695 billion to $725 billion as they expand AI and data-center capacity. Amazon plans about $200 billion, Microsoft $190 billion, Google $180 billion to $190 billion and Meta $125 billion to $145 billion, with Google also signaling a further increase in 2027.
Investors broadly welcomed the earnings reports as demand for AI and data centers drove large jumps in revenue and profits. The four companies generated a combined $430.6 billion in quarterly revenue and each exceeded analyst estimates, while Google Cloud, Azure and AWS grew 63%, 40% and 28% year over year, respectively.
From the sources (17 posts)
@bulltheoryioBREAKING: The "MAGNIFICENT 7" just reported the biggest revenue surge in stock market history. Google nearly doubled what Wall Street expected. EPS came in at $5.11 against an estimate of $2.63, a 94% beat. Revenue hit $109 billion agains
@stocksavvyshay$AMZN, $MSFT, $GOOGL and $META just updated guidance and now plan to spend a combined ~$710B on CapEx this year to build the AI economy: • Amazon ~$200B • Microsoft ~$190B • Google ~$185B • Meta ~$135B
@amitisinvestingwell big tech absolutely crushed capex raised across the board cloud growth rates smashed guidance strong for Q2 $META the only red name, doesn’t make much sense on 33% growth even if a small DAU miss because of Iran but $GOOGL $AMZN
@stockmktnewzJUST IN: THE AI INVESTMENT GROWS Amazon, Microsoft, Google and Meta Platforms just updated their guidance and now plan to spend a combined $710 BILLION on CAPEX this year Amazon $AMZN: $200B Microsoft $MSFT: $190B Google $GOOGL: $185B M
@dnystedt‘Big 4’ US Tech Raise 2026 Capex to US$695 - $725 Billion -Microsoft revealed US$190 billion capex guidance for 2026 (CY), beat estimate $150B -Meta raised to $125-$145 billion from $115-$135B, on higher component costs and data center bu
@hedgeyeAlphabet raised its 2026 capex guidance to $180–$190 billion, up from $175–$185 billion. CFO Anat Ashkenazi says that 2027 capex will "significantly increase" from there.
@ftGoogle outpaces Big Tech rivals as AI spending plans rise to $725bn
@ftWhile investors have expressed scepticism about huge capital expenditure in the past, they broadly welcomed the earnings reports as demand for AI and data centres drove large jumps in revenue and profits. https://t.c
@saxena_puruWe're still early in AI. - Google Cloud +63% YoY - Azure growth +40% YoY - AWS +28% YoY Meta raised capex growth this year to 94% YoY In 2025, capex grew 87% YoY. $AMZN $GOOGL $META $MSFT
@andrewcurran_Updated 2026 capex after today's earning calls: ΜΕΤΑ $145 billion Google $190 billion META's largest cost line increase was R&D, up 46% to almost $18 billion. Everyone is going big.
@businessAmazon, Meta, Microsoft and Google's quarterly earnings all tell the same story. AI demand is exploding, and it’s driving a massive spending race. @EdLudlow reports
@tolyNuts
@businessA frenzied day of earnings reports offered a glimpse at how some of the world’s biggest tech companies are doing in AI. The upshot: Google is seeing a clear payoff from its AI spending, while Meta is lagging behind.
@businessA frenzied day of earnings reports offered a glimpse at how some of the world’s biggest tech companies are doing in AI
@bloombergtvAmazon, Meta, Microsoft and Google's quarterly earnings all tell the same story. AI demand is exploding, and it’s driving a massive spending race. @EdLudlow reports
@cnbcWhy Alphabet won the Big Tech earnings night
@dnystedt‘Big 4’ Revenue Totaled US$430.6 Billion in Quarter, All Beat Estimates Amazon US$181.5 Billion, beat $177.2 B expected by analysts Google US$109.9 Billion, beat $107.1 B expected Microsoft $82.9 Billion, beat $81.3 B expected Meta $5