October 31, 2025 10:52 AM

Tech giants ramp up AI investments, yet Alphabet’s strong cash flow steals the spotlight

Four of the biggest U.S. technology companies flagged plans this week to accelerate capital spending over the next year but investors were most accepting of Google-parent Alphabet ability to fund its plans from its cash flow. Alphabet, Microsoft , Facebook-owner Meta and Amazon all announced plans for higher annual capital expenditures as they pour money into chips and data centers. Shares of all of those companies, with the exception of Amazon, have risen substantially this year on expec...