Microsoft keeps capex forecast unchanged, becoming one of the first data center giants to hold the line on AI spending

Microsoft CEO Satya Nadella. Sven Hoppe/picture alliance via Getty Images Microsoft held its AI capex forecast steady, sending its shares surging. Last week, Google raised its capex projection again. Microsoft is one of the first tech giants to step away from the ever-rising AI capex spending spree. Microsoft kept i

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

As the 'decentralized and ideologically heterogeneous' movement against data centers grows, US President Donald Trump wants AI companies to foot the bill.

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