big tech

AI

2026-08-21 11:25:09

AI Is No Longer Enough to Lift Big Tech Stocks

China’s major internet companies are all pushing AI, but the latest earnings season showed that AI alone is no longer enough to re-rate their shares. Tencent, Alibaba, Baidu, Kuaishou and NetEase fell after reporting, while Xiaomi stood out as one of the few exceptions. The piece argues that the market is now asking a harder question: not whether these companies have AI, but what AI is actually changing in their businesses. Tencent is using AI on top of a powerful cash machine, with gaming and advertising still generating strong revenue and capital spending rising to 52.8 billion yuan in the second quarter. Alibaba is trying to rebuild part of its empire around AI, while also lifting quarterly capital spending to 67.7 billion yuan. Baidu has a growing AI business, but declining online marketing revenue keeps the old business under pressure. Kuaishou’s Kling AI brought in more than 850 million yuan in the second quarter, up more than 200%, yet that was not enough to offset slow group growth. Xiaomi is treating AI as a layer across phones, cars, home devices and robots, not as a standalone revenue line. NetEase is using AI in game development, but its core growth still comes from games.

580

artificial in

2026-08-20 01:17:30

Big Tech Plans $735 Billion for AI Data Centers in 2026

Large technology companies are planning to spend $735 billion in 2026 to build artificial intelligence data centers, according to Crypto Briefing, as cited by Techub News. The reported investment points to a massive expansion in AI-related infrastructure next year. Crypto Briefing said the scale of the planned spending is expected to reshape energy demand patterns. The report also said the buildout could affect local communities and the digital asset sector. No additional details on the companies involved or project locations were disclosed in the source summary. The item was published by Techub News under its technology category and cites Crypto Briefing as the source of the report.

1100

AI

2026-08-18 08:20:00

Big Tech’s off-balance-sheet AI commitments climb to $3 trillion

Off-balance-sheet commitments tied to AI infrastructure at nine major U.S. technology companies have reached roughly $3 trillion, according to a Wall Street Journal report published on Aug. 18 and cited by Odaily. The companies named were Alphabet, Meta, Microsoft, Amazon, Oracle, Nvidia, Broadcom, SpaceX and AMD. The total was about five times their combined capital expenditures of $600 billion over the past year, about three times their outstanding lease and long-term borrowing balances, and roughly 50% higher than the prior estimate of about $1.8 trillion just two months earlier. The commitments were mainly made up of about $1.2 trillion in uncommenced leases and about $1.9 trillion in purchase obligations, both of which can stay off the balance sheet before rent starts or goods and services are delivered under current accounting rules. The report also pointed to a separate layer of risk in residual value guarantees, or RVGs. Citing a Bloomberg report from Aug. 15, the article said those structures had grown to about $70 billion. Rating firms including Moody’s and S&P Global Ratings, along with bond investors, have raised concerns over how quickly these contingent liabilities are building across the AI financing chain.

1430

Oracle

2026-08-09 00:08:39

Oracle’s 5-year CDS jumps 70 bps this year as credit risk rises across Big Tech

Credit pressure is building across major technology companies, according to market research firm The Kobeissi Letter. In a post on X, the firm said investors are growing more concerned about Big Tech debt, with Oracle showing the sharpest move. Oracle’s 5-year credit default swap, or CDS, has risen 70 basis points year to date to roughly 215 basis points, a record level and the biggest increase among large-cap tech names mentioned in the update. Broadcom followed with a 48-basis-point rise over the same period. Meta’s 5-year CDS climbed 39 basis points to 95 basis points, its highest level since trading began in October 2025. Nvidia’s 5-year CDS rose 32 basis points in 2026 so far to about 82 basis points, the highest since trading started in November 2025. Amazon and Alphabet also posted gains of 30 and 29 basis points, respectively. At the same time, Big Tech companies have issued about $200 billion in corporate bonds so far this year, nearly double the full-year total seen in 2025. The Kobeissi Letter said credit markets are becoming increasingly concerned about the cost of financing the AI race.

2780

U.S. stocks

2026-08-08 00:23:41

U.S. stocks close higher in optical communications and big tech, with Coherent up over 13%

U.S. stocks finished the session with broad gains in optical communications shares and major technology names, according to data from MSX.COM cited by Odaily. In the optical communications segment, Coherent rose more than 13%, leading the group. Credo gained more than 8%, Lumentum climbed more than 6%, Corning added more than 5%, and Marvell Technology advanced more than 3%. Large-cap technology stocks also moved higher by the close. SpaceX posted a gain of more than 15%, while Nvidia and Tesla each rose more than 2%. Microsoft, Apple, Amazon, and Meta also ended the session in positive territory with modest gains. The move pointed to a broadly stronger finish across both communications hardware names and major tech stocks in the U.S. market.

1740

U.S. stocks

2026-08-02 07:38:17

Six U.S. tech giants saw nearly $2 trillion in market cap swings during earnings week

Six major U.S. technology companies that reported earnings this week saw a combined market capitalization swing close to $2 trillion, as investors sorted winners and losers based on cloud growth and the payoff from heavy artificial intelligence spending. Alphabet, Amazon and Microsoft together added nearly $1.5 trillion in value, with Microsoft gaining more than $600 billion and both Amazon and Alphabet adding more than $400 billion each. On the other side, Apple lost more than $350 billion in market value, while Meta shed about $85 billion and Tesla declined by about $7 billion. Apple beat expectations on revenue, profit and iPhone sales, but its guidance for 9% to 11% revenue growth this quarter came in below the 12% expected by analysts, and the company said memory chip shortages and wafer capacity competition would continue to constrain supply. Amazon rose more than 15% on Friday after AWS revenue grew 37% year over year in the second quarter, the fastest pace since 2021, and after it raised its 2026 capital expenditure forecast from $200 billion to $220 billion. Microsoft climbed 15% on Thursday, while Meta fell 8%, highlighting a clear split in how investors are judging returns on AI investment.

1920

Federal Reser

2026-07-26 03:12:20

Mega-cap earnings and Fed rate decision put global equities on edge

Global financial markets are heading into a pivotal week as a cluster of earnings from major U.S. technology companies lands alongside the Federal Open Market Committee’s latest rate decision. Investors are watching Microsoft, Meta, Amazon and Apple for one central issue: whether heavy artificial intelligence spending is producing real returns, or simply inflating capital expenditure at a time when rates remain restrictive. According to CME FedWatch data cited in the report, expectations for the upcoming Fed meeting are split, with 34% of market pricing pointing to a 25-basis-point hike and 56% expecting no change. At the same time, geopolitical tension in the Middle East has pushed oil prices higher, helping drive the U.S. 10-year Treasury yield near 5.163%, close to a 20-year high. The report also highlights Taiwan’s electronics supply chain, where investor conferences for companies including UMC, Delta Electronics and MediaTek will run in parallel with U.S. earnings releases. Market participants are now focused on earnings quality, valuation discipline and leverage control as volatility builds across both U.S. and Asian equities.

2080

Amazon

2026-07-24 04:35:15

Amazon Stock Crashes 9% on $200B AI Spending Plan, Wall Street Fears Overreach

Amazon's $200 billion AI capex plan for 2026, $50B above estimates, triggered a 9.21% single-day stock drop. Despite strong revenue, weak profit guidance raised red flags about massive spending returns.

260