NASDAQ:BFLY 18 June 2026

June 18, 2026, 3:27 PM EDT. S&P 500 firms project a significant capital expenditure (capex) increase for 2025, as reported by S&P Global Market Intelligence. The total includes $412 billion earmarked by five major hyperscalers: Alphabet, Amazon, Meta, Microsoft, and Oracle. This surge in capex fuels strong earnings growth powering current stock market gains. However, analyst Jonathan Weil highlights underlying risks in the trajectory of these tech giants' investments, suggesting caution despite their financial muscle. Capex refers to funds used by companies to acquire or upgrade physical assets such as property, industrial buildings, or equipment, which can signal future growth but also potential volatility.