Meta, Microsoft, Alphabet and Amazon updated their 2026 capital expenditure guidance in the third quarter, with combined spending now set to reach as much as $740bn, up from $456bn in 2025. Meta raised its full-year lower bound to $135bn-$145bn, while Microsoft cut its figure to $170bn, citing an accounting change.
Meta, Microsoft, Alphabet and Amazon revise 2026 capital spending plans
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