Veytics Intelligence
2026-11-05 · Yahoo

Are Big Tech stock buybacks officially dead?

As hyperscalers Alphabet (GOOGL, GOOG), Amazon (AMZN), Meta (META), and Microsoft (MSFT) pour billions into AI data centers, stock buybacks appear to be taking a back seat. Repurchases reportedly fell to $4.4 billion in the third quarter, a 90% drop from previous quarters. Yahoo Finance Executive Editor and Sozzi Unleashed host Brian Sozzi examines whether Big Tech's massive AI spending spree is coming at the expense of shareholder returns. Video Transcript 00:00 Speaker A Staying on tech here because you have seen I think something interesting and I don't want you guys to lose focus of something else that is happening out there in markets. 00:07 Speaker A Free cash flow for the hyper hyper scalars remains, I think still very much top of mind.

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