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Big Tech stocks slide as AI spending weighs on earnings and buybacks

Disappointing Big Tech earnings have intensified investor concerns over massive AI spending, while buybacks by Microsoft, Alphabet, Amazon, Meta and Oracle fell 83% in the first nine months of 2026, returning just 9.3% of operating cash to shareholders.

Read the full story at Bloomberg AI ↗

Timeline · 2 reports

  1. 2026-10-31 22:21 · The Next Web
    Big Tech buybacks fall 83% as AI spending eats the cash, Reuters reports
  2. 2026-10-31 11:43 · Bloomberg AI
    AI Spending Fears Hammer Big Tech Stocks

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