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00:02Alphabet lost some investor confidence after raising its 20th college turn into 26 capital
00:07expenditure forecast to accelerate construction of artificial intelligence data centers,
00:12according to CNBC. Shares of the Google parent fell 7% Thursday, as Amazon, Meta, and Microsoft
00:18also declined amid growing scrutiny of costly infrastructure investments, shrinking cash
00:23reserves, and uncertain returns ahead of their earnings reports. Meta and Microsoft are expected
00:28to spend up to $145 billion and about $190 billion, respectively, on AI infrastructure.
00:35Analysts warned that further increases could pressure Microsoft shares.
00:40Amazon is expected to raise its 2026 capital expenditure forecast above $200 billion as it
00:46invests in AI, custom chips, and its satellite internet business. Analysts said cloud demand
00:52remains strong, but growing capital expenditures, rising debt, and weakening cash flow have increased
00:57scrutiny over whether massive AI investments will generate sufficient returns.
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