MarketWatch
US · 2 hrs ago
✦ 75◉ Centre
Big Tech’s AI spending is depriving investors of juicy payouts
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Goldman Sachs forecasts that S&P 500 share buybacks will grow only 3% in the current year due to economic uncertainty and increased artificial intelligence infrastructure spending pressures on large technology companies.
Big Tech’s AI spending is depriving investors of juicy payouts
Goldman Sachs expects S&P 500 share buybacks to grow only 3% this year, as a shaky economic backdrop and AI cost pressures force spending reconsiderations.
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