Microsoft trims 2026 capex forecast to $170B as AI capacity lags
CFO Amy Hood blames delayed third-party GPU contracts, even as Azure revenue jumps 48% and Wall Street questions AI returns.

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CFO Amy Hood blames delayed third-party GPU contracts, even as Azure revenue jumps 48% and Wall Street questions AI returns.
The AI infrastructure maker's earnings beat and capex raise signal surging data-center spending ahead of Big Tech results.
The CSRC green light lets Citigroup go solo in China's capital markets, just weeks before Xi and Trump meet at APEC.
Bots are rolling off the Fremont line, but a year-long scale-up and unresolved hand design stand between Tesla and its 2027 delivery goal.
The social media giant's ad engine and AI bet absorbed a massive teen-safety settlement and a new $25B privacy fine, keeping growth on track.
Musk's probability call on catching both stages with the tower, and what it means for rapid reusability.
Data-center demand has locked up most of Samsung's supply, and analysts now expect another double-digit price surge for consumer RAM.
The server maker says revenue and profit could land far above guidance, lifting the whole AI hardware complex and raising stakes for upcoming earnings.
The next Starship test flight targets a first for orbital launch: catching both the Super Heavy booster and Ship upper stage with the launch tower's chopstick arms.
Stocks jumped on stronger-than-expected guidance, signaling enterprise AI workloads are accelerating faster than Wall Street priced in.
The fast-fashion giant's long-awaited listing lands at a steep discount to its private-market heyday, resetting expectations for investors and rivals.
The chip giant filed for a Nasdaq listing plan that could raise $29.4 billion, instantly reshaping investor expectations.