The Turichron

Evening brief, Oct 30

Big Tech's shareholder cash returns fall to a 15-year low, Reuters finds

Microsoft, Alphabet, Amazon, Meta and Oracle returned 9.3% of operating cash to shareholders in the first nine months of 2026 as capital spending reached $556.9 billion.

ThereforeTheir $50.6 billion in payouts exceeded combined free cash flow, requiring cash reserves, borrowing or share sales.

Reuters analysis

Read the full brief