Alphabet, Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) last week flagged higher capex spending as it battles to gain supremacy in the artificial intelligence arena, and nervy investors sold off the stock on worries concerning a potential margin contraction. A tech venture capitalist said on Monday that Apple Inc. (NASDAQ:AAPL) could be fairly insulated because of the strategy it has chosen.
What Happened: Alphabet, Amazon, Inc. (NASDAQ:AMZN), Microsoft Corp. (NASDAQ:MSFT) and Meta Platforms, Inc. (NASDAQ:META) are on track to increase capex by about 43% this year, said Deepwater Asset Management’s Gene Munster in a post on X, formerly Twitter.
Apple is a standout among the mega-cap techs, he suggested. “In what seems like it’s operating in an alternate universe, $AAPL’s CapEx is expected …
Full story available on Benzinga.com
Alphabet, Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) last week flagged higher capex spending as it battles to gain supremacy in the artificial intelligence arena, and nervy investors sold off the stock on worries concerning a potential margin contraction. A tech venture capitalist said on Monday that Apple Inc. (NASDAQ:AAPL) could be fairly insulated because of the strategy it has chosen.
What Happened: Alphabet, Amazon, Inc. (NASDAQ:AMZN), Microsoft Corp. (NASDAQ:MSFT) and Meta Platforms, Inc. (NASDAQ:META) are on track to increase capex by about 43% this year, said Deepwater Asset Management’s Gene Munster in a post on X, formerly Twitter.
Apple is a standout among the mega-cap techs, he suggested. “In what seems like it’s operating in an alternate universe, $AAPL’s CapEx is expected …
Full story available on Benzinga.com
Alphabet, Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) last week flagged higher capex spending as it battles to gain supremacy in the artificial intelligence arena, and nervy investors sold off the stock on worries concerning a potential margin contraction. A tech venture capitalist said on Monday that Apple Inc. (NASDAQ:AAPL) could be fairly insulated because of the strategy it has chosen.
What Happened: Alphabet, Amazon, Inc. (NASDAQ:AMZN), Microsoft Corp. (NASDAQ:MSFT) and Meta Platforms, Inc. (NASDAQ:META) are on track to increase capex by about 43% this year, said Deepwater Asset Management’s Gene Munster in a post on X, formerly Twitter.
Apple is a standout among the mega-cap techs, he suggested. “In what seems like it’s operating in an alternate universe, $AAPL’s CapEx is expected …Full story available on Benzinga.com Read MoreAAPL, AAPL, AMZN, artificial intelligence, Consumer Tech, Equities, Expert Ideas, Gene Munster, GOOG, GOOGL, META, MSFT, News, Stories That Matter, Markets, Tech, AAPL, US0378331005, AMZN, US0231351067, GOOG, US38259P7069, MSFT, US5949181045, GOOGL, US38259P5089, META, News, Equities, Markets, Tech, Benzinga Markets
