Big Tech Capex Surge: Alphabet, Meta & Microsoft Boost AI Spending | Fed Rate Cut News

Описание: Big Tech earnings, capital expenditure, AI spending, Federal Reserve rate cut.
Dive into the latest CNBC Daily Open insights on Big Tech's earnings season. Alphabet, Meta, and Microsoft report strong results with revenue beats, but the real focus is on massive capital expenditure increases for AI investments.
Alphabet raises capex guidance to $91-93B, Meta hikes to $70B, and Microsoft sees capex growth accelerating. Learn why AI demand is driving this spending boom and what it means for the market.
Also cover the Federal Reserve's 25 basis point rate cut and Jerome Powell's caution on future cuts, impacting stocks and yields.
Plus, updates on the Trump-Xi meeting.
Stay informed with the key financial news shaping the day.
Keywords: Big Tech, earnings, capex, AI, Alphabet, Meta, Microsoft, Fed rate cut, interest rates.