AI Giants Deliver Mixed Earnings As Capex Boom Accelerates
Benzinga
2025-10-30
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Alphabet shares jumped 6.2% after strong Q3 results, while Microsoft fell 3.4% and Meta dropped over 8% due to a $16 billion charge tied to Trump’s Big Beautiful Bill. Despite mixed earnings, the three tech giants boosted capital spending 88% year-over-year, underscoring the AI investment surge.
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