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Stockreport

'Magnificent 7' earnings rush reveals AI spending surge, with hyperscaler capex set to reach $725 billion in 2026 [Yahoo! Finance Canada]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: Yahoo! Finance Canada
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
On Wednesday, ), and ) each reported quarterly results. Ahead of these results, to emerge from the reports would be estimated capital expenditures from the big four hyperscalers. Going into the quarter, the high end of estimates put the group's AI spending at around $670 billion this year. As of Wednesday night's reports, that number is closer to $725 billion. Meta was the first to announce its plans for 2026, raising its capex forecast to $125 billion to $145 billion, up $10 billion at both ends. In its earnings release, Meta said this increased forecast is due to “expectations for higher component pricing this year and, to a lesser extent, additional data center costs to support future year capacity.” Meta stock fell about 6% following this report. On its earnings call, Alphabet told investors it now expects full-year capex to fall in the range of $180 billion to $190 billion, up $5 billion at both ends. Looking out to 2027, the company told investors it expects capex spendin [Read more]
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Stockreport

'Magnificent 7' earnings rush reveals AI spending surge, with hyperscaler capex set to reach $725 billion in 2026 [Yahoo! Finance Canada]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: Yahoo! Finance Canada
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
On Wednesday, ), and ) each reported quarterly results. Ahead of these results, to emerge from the reports would be estimated capital expenditures from the big four hyperscalers. Going into the quarter, the high end of estimates put the group's AI spending at around $670 billion this year. As of Wednesday night's reports, that number is closer to $725 billion. Meta was the first to announce its plans for 2026, raising its capex forecast to $125 billion to $145 billion, up $10 billion at both ends. In its earnings release, Meta said this increased forecast is due to “expectations for higher component pricing this year and, to a lesser extent, additional data center costs to support future year capacity.” Meta stock fell about 6% following this report. On its earnings call, Alphabet told investors it now expects full-year capex to fall in the range of $180 billion to $190 billion, up $5 billion at both ends. Looking out to 2027, the company told investors it expects capex spendin [Read more]
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