AIThe Next Webabout 1 hour ago
Big Tech Buybacks Plummet 83% in 2026
2 min read
Microsoft, Alphabet, Amazon, Meta and Oracle reduced share buybacks by 83% to $13.6bn in the first nine months of 2026. Operating cash flow rose 29% to $542.9bn while capital spending doubled to $556.9bn, creating a $14bn deficit. Alphabet and Meta halted buybacks entirely, with Amazon raising $48.1bn in debt to fund operations.
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