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Microsoft and Alphabet both reported capital expenditures that fell short of estimates on October 29, 2026, adding to investor concern over the cost of the artificial intelligence build-out. CNBC Top News reported that both companies held off on raising their capex forecasts. The reports add to scrutiny of how much technology companies are spending on AI infrastructure. The available headlines did not give the specific capex figures or the companies' revised full-year guidance.

1 outlet · 1 article · first seen Oct 29, 7:40 AM ET

What this touches in markets

Stored closes for the instruments tied to this story's tags and places, with their dates.

  • XLK closed at 191.00, up 0.80%, on 2026-10-28. Listed for: Technology sector ETF.

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