Alphabet and Meta Platforms, which spent $66.1 billion on stock buybacks in the first nine months of last year, have stopped buybacks this year but continue paying dividends. Alphabet has gone further by announcing $80 billion in new stock sales to fund AI infrastructure, with Berkshire Hathaway buying $10 billion worth. This marks a shift from returning cash to shareholders via buybacks to raising funds for AI investments, signaling changing priorities in Big Tech's capital allocation.
As of Nov 04, 2026 22:03 WIB, Alphabet (GOOGL) trades at USD 294.19, closer to its 52-week low of USD 273.49 than its high of USD 402.62, while Meta Platforms (META) is priced at USD 631.37, also nearer to its 52-week low of USD 525.72 than the high of USD 777.59. Despite Big Tech's shift from buybacks to funding AI, Alphabet's shares gained 5.06% and Meta's 1.66% in the past day on Pluang. Dividend yields remain low for both, at 0.31% for Alphabet and 0.34% for Meta, reflecting a focus on reinvestment over shareholder payouts currently.
Marvell Technology's stock fell 11.4% following rumors of a major acquisition deal with Lumentum, despite a strong 162% gain year-to-date. Analysts project that a $1,000 investment in Marvell could grow to about $1,549 by October 2030 under a base-ca...
TeraWulf has secured credit support from Google to back debt financing for its $19 billion AI infrastructure lease with Anthropic at its Kentucky data campus. The company also signed a definitive engineering, procurement, and construction agreement w...
Apple achieved a record $114.5 billion revenue in Q3 without investing heavily in AI infrastructure, relying instead on partnerships and on-device AI. Meanwhile, Alphabet spent $51.36 billion on capital expenditures, resulting in negative free cash f...
Google faced criticism from politicians like Sen. Bernie Sanders and NYC Mayor Zohran Mamdani after reports said it would restrict search features in schools that ban AI. Google clarified that its AI tools, including Gemini chatbot and AI-enhanced se...
Major hyperscalers like Amazon, Alphabet, and Meta are driving U.S. GDP growth through massive AI infrastructure investments, with capex budgets expected to rise over 90% by 2026. However, this surge in spending has led to growing financial stress, i...
