#Capex

Wall Street is nervous about hyperscaler capex. The combined capex of Amazon, Microsoft, Alphabet, and Meta was over $200B in 2024. Two years later it is on track to approach $700B.

Originally published at norvik.tech Introduction An in-depth analysis of Meta's recent...

Tim Cook was famous for funneling money directly to shareholders. That could be ending.

Amazon, Google, Meta spent $90B+ quarterly on AI infra; Google Cloud backlog hit $460B. Demand outstrips supply, pre-selling capacity not yet built.

Four Magnificent Seven companies released earnings in an eighty-second window on the afternoon of the Fed chair's final press conference. The revenue

Stating that the LPG crisis has been a “challenging situation” with India importing about 60% of its requirement, of which 90% comes through Strait of Hormuz that has been impacted by the disturbance, Vualnam said the government has been proactive in…

Big Tech's AI spending is surging. Much of the increase comes from rising component prices, not major new capacity expansion.

Meta Platforms (META) remains a buy as valuation is attractive despite a sharp post-earnings decline and ambitious capex plans.

The market has been waiting for some sign of capex fatigue for years now. It hasn't happened. And there are no signs of it happening when companies report over the next couple of days.

AI bubble or boom? Explore hyperscaler CapEx, AWS AI revenue, and semiconductor winners—plus key risks like export controls.

Powell's likely final press conference as Fed Chair plus 4 of the Mag 7 reporting earnings, all in the same 24 hours. The FOMC decision is fully priced as a hold so it's not really the story.…

Will Meta Platforms and Microsoft maintain their capex guidance this year? Click here to read more.

Quick note here to follow up on the macro crystal ball post I wrote a couple of weeks ago (link here for subs). Michael Msika over at Bloomberg had a piece out on the return of capex powering the next rally. And for me it connected a lot of dots.…