Big Tech Q1 Beats Leave Bitcoin Watching $650 Billion AI Capex

Amazon, Meta, Microsoft, and Alphabet beat revenue forecasts, but combined 2026 AI capital spending is on track to exceed $650 billion and weighed on after-hours sentiment. Meta fell 6% after raising full-year 2026 capital spending guidance to $125 billion–$145 billion, while Microsoft and Amazon also slipped and Alphabet rose on cloud strength. Bitcoin has tracked the Magnificent 7 closely throughout 2026, leaving Apple’s report and the PCE index as the next tests for digital-asset sentiment.

BTC-1.56%
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