Bank of America raises capital expenditure expectations for Alphabet, Meta, and AWS

Bank of America has raised its capital expenditure expectations for Alphabet, Meta, and AWS from 2026 to 2027, with Alphabet's estimate for 2026 increasing from $187 billion to $195 billion and from $257 billion to $290 billion in 2027; Meta will increase from $130 billion to $145 billion in 2026 and from $157 billion to $185 billion in 2027; AWS will maintain $159 billion in 2026 and increase from $196 billion to $230 billion in 2027.