Elizabeth Warren demands answers on $96B in lost federal revenue as Amazon, Google, Meta and Microsoft claim tax breaks

Kevin Dietsch/Getty Images Open the books on Amazon, Google, Meta and Microsoft and you'll see an explosion of AI revenue and data-center investment. All four companies reported staggering revenues in the second quarter of 2026: Amazon, $200.6 billion; Google's parent company Alphabet, $119.8 billion; Microsoft, $90 billion, including $59.3 billion from Microsoft Cloud alone; and Meta, $60.8 billion. Must Read Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake.