Bank of America Raises 2026-2027 Capital Spending Forecasts for Alphabet, Meta, AWS

According to Bank of America on July 8, the investment bank raised capital expenditure forecasts for Alphabet, Meta, and Amazon Web Services for 2026 and 2027.

Alphabet's 2027 capex forecast was increased from $257 billion to $290 billion. Meta's 2027 capex was raised from $157 billion to $185 billion, while AWS's 2027 capex forecast was lifted from $196 billion to $230 billion.

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