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This year's projected capex ramp-up will all but wipe out free cash flow for Amazon, Google, and Meta, potentially forcing stock buyback cuts or more borrowing (Martin Peers/The Information)

Martin Peers / The Information : This year's projected capex ramp-up will all but wipe out free cash flow for Amazon, Google, and Met...

22 February 2025

Alibaba's Hong Kong-listed shares jumped 14.6% on February 21 after CEO Eddie Wu said it would invest "aggressively" in AI; Alibaba's HK stock is up 70.36% YTD (Eleanor Olcott/Financial Times)

Eleanor Olcott / Financial Times:
Alibaba's Hong Kong-listed shares jumped 14.6% on February 21 after CEO Eddie Wu said it would invest “aggressively” in AI; Alibaba's HK stock is up 70.36% YTD  —  Chinese tech group says it will spend more on artificial intelligence in next three years than over past decade

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