Quick Read – Zuckerberg raised Meta’s 2026 capex floor to $130 billion, but shares fell 8% after hours as profits shrank and investors demand visible returns. – Meta’s debt surged 42% in one quarter to $84 billion, with an estimated $420 billion more in off-balance-sheet data…
nter obligations. – Microsoft’s AI spending is already producing stronger earnings, while Meta asks shareholders for patience as costs outpace profits. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Meta didn’t make the cut. Grab the names FREE today
Artificial intelligence has become a spending contest, and every technology giant believes it has no choice but to keep raising the stakes. Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG), and Meta Platforms (NASDAQ:META) are all pouring tens of billions of dollars into AI infrastructure, custom chips, and data centers because falling behind today could mean losing the next decade of cloud computing, advertising, and enterprise software growth. Investors understand the opportunity.
What they are debating is which companies can afford the bill. Meta’s second-quarter earnings suggest Mark Zuckerberg intends to spend whatever it takes. The market’s immediate reaction suggests shareholders aren’t convinced the payoff will arrive soon enough.