Big Tech AI Capex Tops $650 Billion as Q1 Earnings Beats Pressure Bitcoin Risk Trade
Amazon, Meta, Microsoft, and Alphabet all topped Wall Street income forecasts on Wednesday. However, aggressive capital spending plans triggered after-hours selloffs and pressured tech-correlated threat belongings. Meta dropped 6% after elevating its 2026 capital spending information, whereas Microsoft and Amazon slipped on AI buildout prices. Alphabet was the lone gainer, lifted by cloud energy. Big…
