Are Big Tech stock buybacks officially dead?
Yahoo Finance ·
As hyperscalers Alphabet (GOOGL, GOOG), Amazon (AMZN), Meta (META), and Microsoft (MSFT) pour billions into AI data centers, stock buybacks appear to be taking a back seat. Repurchases reportedly fell to $4.4 billion in the third quarter, a 90% drop from previous quarters. Yahoo Finance Executive Editor and Sozzi Unleashed host Brian Sozzi examines whether Big Tech's massive AI spending spree is coming at the expense of shareholder returns. Yahoo Finance Executive Editor and host Sozzi Unleashed takes a closer look.
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