Tootfinder

Alphabet's stock climbed 10% on Thursday and 34% in April, its best month since 2004; Meta's stock plunged 8.5% on Thursday, its steepest drop since October (Annie Palmer/CNBC)
https://www.cnbc.com/2026/04/30/alphabet-meta-stock-ai-capex-spend.html

Meta tanks 9%, Alphabet climbs 7% as each company raises capex spend
Both Alphabet and Meta said they expect their capital expenditures to keep growing this year, but investors sent Alphabet's shares up, while Meta's stock slid.

Sources: Oracle is cutting thousands of jobs in its latest layoffs as the company continues to ramp AI spending; as of May 2025, Oracle employed 162,000 people (Jordan Novet/CNBC)
https://www.cnbc.com/2026/03/31/oracle-layoffs-ai-spending.html

Oracle cutting thousands in latest layoff round as company continues to ramp AI spending
Oracle has ratcheted up its capital expenditures as it builds data center infrastructure that can handle AI workloads.

Investors have grown accustomed to buying into major selloffs because stocks recover quickly
— not this time so far.

"This is a little bit of a more protracted, longer duration selloff than what investors have become used to,"
"Ironically, I think that's keeping people from feeling that they can buy the dip."
Big Tech firm's are spending at such a record rate to fund their AI ambitions, their capital expenditure is a bigger driver…

If your stated goal is to make computing into a “utility” (aka subscription) you can only obtain from Big Tech and if your entire industry is comprised of rentiers, it makes perfect sense to also make actually owning a general computing device as expensive as possible.
As far as Big Tech is concerned, this is a feature, not a bug.
It’s capitalists acquiring capital and pricing it out of the reach of those they want to make dependent on them.
Also: fuck these people.

Meta raises its 2026 capital expenditures to between $125B and $145B, far exceeding analysts' estimates, after previously forecasting $115B to $135B (Riley Griffin/Bloomberg)
https://www.bloomberg.com/news/articles/2026-04-…

Alphabet updates its 2026 capital expenditure guidance range to $180B to $190B, up from $175B to $185B, and expects capex to "significantly increase" in 2027 (Jennifer Elias/CNBC)
https://www.cnbc.com/2026/04/29/alphabet-googl-q1-2026-earnings.html

Alphabet beats on revenue, with cloud booming 63% and topping $20 billion
Alphabet reported first-quarter earnings after the bell Wednesday.

AWS revenue rose 28% YoY in Q1 to $37.6B, vs. $36.64B est., its fastest growth in 15 quarters, as capital expenditures rose to $44.2B, up from $25B in Q1 2025 (Quartz)
https://qz.com/amazon-q1-2026-earnings-aws-cloud-growth-042926

Meta says Q1 family daily active people fell 20M QoQ to 3.56B, vs. 3.62B est., due to internet disruptions in Iran and WhatsApp access restrictions in Russia (Jonathan Vanian/CNBC)
https://www.cnbc.com/2026/04/29/meta-q1-earnings-report-2026.html

Meta stock drops as capex, user growth numbers come in below Wall Street estimates
Meta beat on revenue, but showed disappointing user numbers and its capital expenditures were below estimates.

Paris-based Pivot, which develops AI tools for procurement and financial workflows, raised a $40M Series B co-led by Forestay Capital and Notion Capital (Tamara Djurickovic/Tech.eu)
https://tech.eu/2026/05/21/pivot-raises-40m-to-expand-ai-pow…

Pivot raises $40M to expand AI-powered enterprise procurement platform
Paris-based Pivot, an AI-powered procurement and finance operations platform, has raised $40 million in an oversubscribed Series B funding round led by Forestay Capital and Notion Capital, with participation from Greyhound, procurement industry executives and existing investors including Hedosophia, Visionaries Club and Emblem. The latest financing brings the company’s total funding raised since its founding in 2023 to $70 million.Pivot develops an AI operating system designed to help e…

SpaceX's S-1 excerpts list "manufacturing our own GPUs" among the "substantial capital expenditures" it is undertaking, with the size of the expenditure TBD (Reuters)
https://www.reuters.com/business/autos-tra