The Market is Unlikely to Punish Microsoft’s Capex on July 29 For an Obvious Reason
Quick Read Microsoft’s $627 billion contracted backlog turns its $31 billion quarterly capex right into a manufacturing unit growth for pre-ordered demand, not a speculative guess. Alphabet’s $45 billion Q2 capex pushed GOOGL free money move unfavorable, doubled long-term debt, and suspended buybacks, sending shares down 7%. Act now: the analyst who known as NVIDIA…