FinanceReutersabout 3 hours ago
Big Tech Cuts Shareholder Returns to Fund AI
2 min read
Microsoft, Alphabet, Amazon, Meta and Oracle generated record cash flow of $542.9 billion in the first nine months of 2026 but returned only 9.3% to shareholders. This 29% drop from the previous year reflects a shift toward AI spending, with buybacks falling 83% to $13.6 billion as capital expenditures doubled to $556.9 billion.
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