Nasdaq Composite Falls 2.86%; Big Tech's 2026 Plans Top Out at $740 Billion
Photo: TokenPost
On Friday, the Nasdaq Composite closed 2.86% lower at 25,437.00; separate forecasts from four major technology companies put their 2026 capital-spending plans at a calculated $720 billion to $740 billion. The index fell 729.25 points from its previous close. The closing level was recorded at 4 p.m. ET (20:00 UTC). Alphabet's outlook is $195 billion to $205 billion, Amazon's is about $220 billion, Meta's is $135 billion to $145 billion, and Microsoft's calendar-year estimate is about $170 billion. The combined total is arithmetic across separate company outlooks, not a joint forecast.
Source: TokenPost
