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Amazon, Microsoft, Alphabet Spent More on AI than Expected. This Is What It Did to the Stocks.

Instead traders seemed to care about a particular metric that usually gets less attention–capital expenditure. Specifically, the difference between capex and capex estimates could explain the stocks’ erratic moves. Take Amazon The e-commerce giant reported solid second-quarter results on Thursday evening, Aug. 1. Read More...

Instead traders seemed to care about a particular metric that usually gets less attention–capital expenditure. Specifically, the difference between capex and capex estimates could explain the stocks’ erratic moves. Take Amazon The e-commerce giant reported solid second-quarter results on Thursday evening, Aug. 1.

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