
Mega-Tech Companies’ Mega Spending Spooks the Market. But What if it Works?
Some truly immense amounts of money are about to be spent. Alphabet (aka Google) surprised investors last week with a 2026 capex (investment spending) plan of $175B-$185B. Meta (aka Facebook) is at $115B to $135B. Microsoft (aka Microsoft) is on track for $145B. Amazon, looking for one ring to rule them all, is targeting $200B.