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Big Tech’s AI Spending Spree Is Making Stock Buybacks Disappear

Bloomberg

TechnologyBloomberg·Jun 18, 2026·1 min read

Big Tech’s AI Spending Spree Is Making Stock Buybacks Disappear

The artificial-intelligence race is becoming so expensive that it’s snuffing out one of the key forces that has helped keep Big Tech stocks soaring for years: steady share buybacks.

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