Expect to see less stock buybacks from Big Tech as companies ramp up AI capex

Big Tech companies are expected to reduce stock buybacks as they increase capital expenditures on artificial intelligence, according to Yahoo Finance Markets and Data Editor Jared Blikre. The shift in capital allocation priorities among major firms including Microsoft, Amazon, Meta, and Alphabet signals a strategic pivot toward AI infrastructure investment.

Expect to see less stock buybacks from Big Tech as companies ramp up AI capex Yahoo Finance Video Thu, July 30, 2026 at 9:54 p.m. GMT+2 MSFT AMZN META GOOGL ^GSPC Yahoo Finance Markets and Data Editor Jared Blikre takes a closer look at whether stock buybacks enacted by Big Tech names are starting to dry up as these companies begin to spend more on AI. Terms and Privacy Policy EU DSA Contact Privacy & Cookie Settings