Big Tech giants like Amazon, Alphabet, Microsoft, and Meta plan to spend a total of $364 billion in their 2025 fiscal years, up from previous estimates of $325 billion. Investors largely shrugged off the increase. Shares of Meta, Microsoft, and Alphabet surged after strong quarterly earnings reports. Microsoft reported $88.7 billion in capital expenditures for 2025, exceeding projections. Meta raised its projected spending range to $66-72 billion. Alphabet plans to spend $85 billion in 2025. Wall Street analysts have increased their price targets on these tech stocks, citing benefits from the AI boom. Google reported a strong earnings beat, crediting AI Overviews with 2 billion monthly users. Meta also saw success with AI driving higher-than-expected ad revenue. Amazon’s AI business has a multibillion-dollar annual revenue run rate, growing triple digits year-over-year. Microsoft’s Azure AI revenue was in line with expectations. Experts note optimism in long-term investment returns. Meta CEO Mark Zuckerberg highlighted AI advancements at the Meta Connect event. Join industry leaders at Yahoo Finance Invest on November 12–13 in NYC to discuss strategies for success in 2026. Visit Yahoo Finance for the latest tech and financial news.

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5. Federal Reserve Announces Plans to Start Tapering Asset Purchases – Barchart: Big Tech’s AI investments set to spike to $364 billion in 2025 as bubble fears ease