Apple Inc.

Meta Platforms, Inc.

NVIDIA Corporation

Apple's capex for the current fiscal year will be around $14 billion, while Microsoft's will be over $94 billion and Meta's will be over $70 billion.

Apple has been scolded for lagging behind in the AI race. Why has it now become an advantage?

Ian Lecun wants to start his own startup, while Mark Zuckerberg is looking to radically reshape the company's AI operations

FT: Meta to lose one of its key AI specialists

Oracle Corporation

Alphabet Inc.

Famous investor Michael Burry, the prototypical hero of the book and movie "The Downgrade Game," suspected hyperscalers, including Meta and Oracle, of artificially inflating profits by "leveraging" their assets.

'Downgrade Game' investor accused Big Tech of artificially inflating profits

Nebius Group N.V.

Nebius' capital expenditures soared even more in the third quarter, up 455%

Nebius closed a $3 billion deal with Meta and reported 355% revenue growth

Meta securities have been the worst performers in the Magnificent Seven this year. According to the BNP analyst, they will continue to lag behind their competitors

Only one analyst advises selling Meta. Why doesn't he believe in the stock's growth?

Facebook owner Meta Platforms will invest at least $600 billion in infrastructure and job creation in the United States over the next three years, according to the company's <a href="https://about.fb.com/news/2025/11/meta-data-centers-drive-economic-growth-across-us/">blog</a>. The money will be used, among other things, to build data centers for artificial intelligence.

Meta will spend $600 billion to create AI infrastructure and jobs in the US

Meta expected to receive up to 10% of revenue from advertising fraudulent schemes and prohibited goods in 2024, according to internal documents <a href="https://www.reuters.com/investigations/meta-is-earning-fortune-deluge-fraudulent-ads-documents-show-2025-11-06/">reviewed by</a> Reuters. According to them, at the end of last year the company predicted that revenues from such ads would amount to $16 billion, the agency writes. <a href="https://investor.atmeta.com/investor-news/press-release-details/2025/Meta-Reports-Fourth-Quarter-and-Full-Year-2024-Results/?utm_source=chatgpt.com">Meta's 2024 report</a> shows that its revenue reached $153.04 billion, with 98% provided by advertising revenues.

Meta could get up to 10% of revenue from fraudulent advertising - Reuters. Shares fell

Amazon.com, Inc.

Tesla, Inc.

Legendary investor Warren Buffett is now out of the top 10 as well

Billionaire Bezos is back in the top 3 richest businessmen in the world. Who has he displaced?

Microsoft Corporation

So, it's happened. After a year of discussions, negotiations and even <a href="https://oninvest.com/article/cukerberg-protiv-al-tmana-kak-delo-openai-raskololo-kremnievuu-dolinu">lawsuits</a>, the leading artificial intelligence developer OpenAI has finally restructured and turned into a commercial company. This will allow its CEO Sam Altman to attract new investments and even go public. It may become the <a href="https://www.reuters.com/business/openai-lays-groundwork-juggernaut-ipo-up-1-trillion-valuation-2025-10-29/">largest</a> IPO in modern history.

"Just a normal company" at $1 trillion: How OpenAI is making its way to the stock exchange

Nvidia temporarily surpassed its $5 trillion capitalization for the first time in history and announced partnerships with Uber, Nokia and the U.S. government. Apple's market value rose above the $4 trillion mark for the first time, while Amazon announced it was laying off 14,000 employees and realigning its business around artificial intelligence. Donald Trump and Xi Jingping agreed to a one-year truce in the trade war. About the main events from October 27 to 31 - in our review.

Highlights of the week: Big Tech reporting, US and China agree on a deal, OpenAI thinking about an IPO

Exxon Mobil Corporation

Chevron Corporation

Daily review and forecast of events on the U.S. stock market from Mikhail Denislamov, Deputy Director of Freedom Capital Markets Research.

Morning in New York: bigtech inspires the "bulls"

Meta shares fell by almost 14% at the beginning of trading on October 30, hitting a five-month low. If the dynamics continues, Thursday <a href="https://www.marketwatch.com/story/metas-stock-slides-toward-its-worst-day-in-years-as-wall-street-pans-runaway-ai-spending-3c563d6f?gaa_at=eafs&amp;gaa_n=AWEtsqfPn5qLQheMcs_Iw59z76YkfS_Qz8dnvtUOw9Ll_kvbyKraHYLHiW8G&amp;gaa_ts=6903860e&amp;gaa_sig=tiakoSHIndn1y86h9vBuKX4mQrlMP_vQb7Oo8YmalH4eVkiUEG02eRWkWRrm8IlAzGm1MzjXJAxizPoccRdpPQ%3D%3D">may become the</a> worst day for the company's quotes in three years. In <a href="https://oninvest.com/article/akcii-meta-ruhnuli-na-9-posle-otceta-pribyl-sil-no-otstala-ot-ozidanij">reports</a> published the day before, Ma said that its capital expenditures next year will be "noticeably higher" than in 2025, and total expenditures will grow at a "significantly higher rate" than in the current year. This alerted not only investors, but also analysts: at once two investment banks - Oppenheimer and Benchmark - stopped recommending buying Meta shares and several others lowered their target price, <a href="https://www.cnbc.com/2025/10/30/metas-spending-outlook-is-sending-the-stock-lower-heres-what-analysts-had-to-say.html">writes</a> CNBC. What do analysts advise investors to do now?