Capex

Hyperscaler capex guidance blows past $200 billion as megacap earnings shrug off moratorium scare

Microsoft, Alphabet and Meta Platforms collectively guided to more than $215 billion in 2026 data-center capital spending this week, raising their pre-war commitments and signaling that the failed federal moratorium has done little to slow the buildout.

Hyperscalers Quietly Relight Paused Training Projects as Moratorium Overhang Clears

Within 24 hours of the House committee vote that killed the federal AI training moratorium, the country's largest cloud operators began unfreezing paused capital projects and re-releasing training-bookings they had quietly throttled in early April, executives and analysts said Thursday.