capital expenditures

Microsoft stock fell 16% since January as investors worry about high AI spending and returns, though Azure grew 39% and analysts see 48% upside potential.

Amazon's undervalued stock offers potential recovery as margin expansion in retail and AWS growth accelerate operating earnings toward $125-150 billion over three years.

Tech giants commit $700B to AI infrastructure spending, benefiting Nvidia as GPU demand surges for large-scale AI and data center operations.