Marketplace Tech · Friday, July 31, 2026
Meta and Microsoft have reported differing capital expenditure plans for AI, with Microsoft revising its 2026 estimates downward and Meta tightening its range upwards. Analysts suggest Microsoft's long-term free cash flow outlook appears strongest among the major tech players.
“And of the three companies, the outlook for free cash flow for profitability, long term, right now it's looking the best for Microsoft.”
“Whereas Microsoft, what they said was that they revised downward their estimate for how much CapEx they're going to be spending in 2026.”
“Meta on the other hand, they actually tightened the range of how much they said they were going to spend this year on CapEx. And in tightening the range, they actually brought up the bottom end of the range.”