Articles about capital expenditures

Amazon tops $3 trillion and Microsoft surges as Wall Street sets aside AI spending fears, for now

Amazon passed $3 trillion in market value for the first time Monday and Microsoft climbed 5%, extending a rally that followed cloud earnings from both companies last week. The two are now the world’s fourth and fifth most valuable companies. Read More

Microsoft R&D jobs drop for second straight year as total headcount falls for first time in a decade

Microsoft’s annual report shows the company employed 223,000 people as of June 30, down 5,000 from a year earlier and its first annual decline since 2016. Product R&D roles accounted for most of the drop. Read More

Microsoft Azure tops $100B in annual revenue as record AI spending cuts into cash flow

Microsoft’s Azure cloud business grew 43% last quarter — well past its own forecast — and topped $100 billion in annual revenue for the first time. The cost: a record $41 billion in capital spending, with free cash flow down 23%. Shares rose after hours, reversing the recent pattern. Read More

Amazon earnings preview: Wall Street looks for more cloud growth as AI spending hits a record

Amazon reports second-quarter results Thursday afternoon, with AWS growth expected to accelerate and capital spending on pace for a record $200 billion this year. The big question: How much patience do investors have left for the company’s bet on AI? Read More

Microsoft earnings preview: AI spending, cloud margins, and why the stock keeps falling

Microsoft reports fiscal fourth-quarter and full-year results Wednesday. A look at the key numbers to watch, including capital spending, Azure growth, cloud margins, Copilot adoption and the company’s first capital spending forecast for fiscal 2027. Read More

capital expenditures

Microsoft R&D jobs drop for second straight year as total headcount falls for first time in a decade

In new memo, Microsoft CEO addresses ‘enigma’ of layoffs amid record profits and AI investments

The cost of the cloud: Amazon takes a breath, while Microsoft and Google plunge ahead