This year's projected capex ramp-up will all but wipe out free cash flow for Amazon, Google, and Meta, potentially forcing stock buyback cuts or more borrowing
So, worth pointing out that Google, Microsoft et al haven't actually “lost $900 bn” in a day. Because that money never actually existed. — It's the private debt they are torching to power their Rube Goldberg machines and call it tech. That's investor cash. That matters www.f…