So far, I have shown you the AI scoreboard.
Each hyperscaler has massive AI investment plans, and each projection comes with some quirks
Now it’s time for the bar tab question. Five giants ordered similar enormous meals. How will each one settle the check?
Microsoft pays cash Microsoft (NASDAQ: MSFT) is the outlier that still pays in cash. Its operating cash flow of $55.4 billion last quarter covered its $35.8 billion in net capital expenses, leaving $19.6 billion in free cash flow. The company spent $4.06 billion on share buybacks in the quarter, up from $4.00 billion in the year-ago period.