Technology
This yr's projected capex ramp-up will all nevertheless wipe out free cash motion for Amazon, Google, and Meta, doubtlessly forcing stock buyback cuts or additional borrowing (Martin Pals/The Knowledge)
Martin Pals / The Knowledge:
This yr’s projected capex ramp-up will all nevertheless wipe out free cash motion for Amazon, Google, and Meta, doubtlessly forcing stock buyback cuts or additional borrowing — Giant tech’s dramatic ramp-up in projected capital expenditures this yr will all nevertheless wipe out free cash motion for Amazon, Google and Meta Platforms.
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