Source: 24/7 Wall Street News Agency
3 weeks ago
Stock Medium Importance
Big Tech Spent Over $1 Trillion on AI. The Bill Does Not Arrive Until It Depreciates.

Big Tech Spent Over $1 Trillion on AI. The Bill Does Not Arrive Until It Depreciates.

The sticker shock in Big Tech earnings this year came from the capital expenditure line. Microsoft (NASDAQ:MSFT | MSFT Price Prediction) spent $115.95 billion on property and equipment in the fiscal year ended June 2026.
Source: 24/7 Wall Street
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