AIReuters2h ago

Microsoft, Alphabet, Amazon, Meta, and Oracle returned just 9.3% of cash

Microsoft, Alphabet, Amazon, Meta, and Oracle returned just 9.3% of cash to shareholders in the first three quarters of 2026, a 15-year low amid AI spending

TL;DRBig tech companies kept most profits for AI investments instead of paying shareholders.

Why it matters: AI arms race is reshaping capital allocation priorities away from traditional investor returns.

The biggest US technology companies generated record amounts of cash in the first nine months of 2026, yet returned the smallest share …

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Source: Reuters · Opens in new tab