Amazon (AMZN), Meta, Microsoft Face Investor Skepticism After Google Dip

Shares of Alphabet, Google's parent, fell 7% following a capex forecast increase for 2026 announced alongside its second-quarter earnings. This news has affected investor sentiment towards Amazon (AMZN), Meta, and Microsoft, which will report quarterly results soon. Analysts expect Microsoft to report $190.1 billion in capex and Amazon's forecast rose nearly $2 billion to $207.4 billion. The situation may lead to increased scrutiny on infrastructure investments, impacting the stocks of these companies in the near term.