# capital expenditure
Latest news and articles about capital expenditure
Total: 2 articles found
Wall Street’s AI Bill: Microsoft’s $381bn Market Shock and the Hard Question for Tech Giants
A recent sharp sell‑off wiped about $381 billion off Microsoft’s market value after Azure growth showed signs of slowing and the company flagged more than $100 billion of capital spending for the year. The market reaction underscores a broader investor scepticism about whether massive AI‑related investments across big tech will be monetised, shifting the emphasis from spending to demonstrable returns.
China’s Big Tech Turns Spring Festival Red Envelopes into an AI Battleground
Tencent’s recent 1 billion yuan Spring Festival giveaway has escalated a familiar marketing ritual into a proxy arena for China’s AI race. Big tech firms are shifting from model-centric competition to full-stack battles that combine massive capital expenditure, distributional advantage and ecosystem playbooks, with 2026 poised as a potential inflection point for AI monetisation.