Big Tech Burned $496.7 Billion on AI Gear. Buybacks Paid the Bill
Microsoft, Alphabet, Amazon and Meta spent $496.7 billion on equipment in nine months — nearly all their operating cash. Alphabet went from $39.8 billion of buybacks to issuing stock.
Topic
Stock Buybacks
Topic
Stock Buybacks
Microsoft Handed Investors $223.1 Billion. It Still Lagged the S&P 500
Microsoft paid out $223.1 billion over five years — $110.2B in dividends, $112.9B in buybacks — yet returned 76% against the S&P…