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Meta's capex was a full 14.2% below what analysts had expected-and the stock rose 9.7% as markets opened on Thursday Apple spent 4.3% less than expected, and saw its stock rising 1.7% by morning.
Google, Meta, Amazon, Microsoft want more H1B visa holders, push US govt to increase intake Microsoft, Alphabet, Amazon, and Meta boosted capex by 50% to a total of $106B in H1 2024, as they build AI infrastructure and pledge more investment hikes (Financial Times) This week's list includes Amazon AMZN, Alphabet GOOGL, Nvidia NVDA, Meta Platforms META and Microsoft MSFT. Microsoft, Alphabet, Amazon, and Meta boosted capex by 50% to a total of $106B in H1 2024, as they build AI infrastructure and pledge more investment hikes (Financial Times)
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