Spending on physical assets — property, equipment, infrastructure.
Distinct from operating expenses; capitalized and depreciated over time. High capex can signal growth investment or maintenance burden. AI-era hyperscaler capex (data centers, GPUs) has reached unprecedented scale.
Spending on physical assets — property, equipment, infrastructure. Distinct from operating expenses; capitalized and depreciated over time. High capex can signal growth investment or maintenance burden. AI-era hyperscaler capex (data centers, GPUs) has reached unprecedented scale.
In financial metrics, Capex (Capital Expenditures) is one of the building blocks investors use to compare opportunities and assess risk. Understanding it helps you read research notes, earnings reports, and market commentary without getting lost in jargon.
Distinct from operating expenses; capitalized and depreciated over time. High capex can signal growth investment or maintenance burden.
The Quick Take * Tata Power Q1 FY27 profit topped estimates despite margin pressure, as record capex drives long-term renewable growth * Capex hit a record high in Q1, reflecting massive investments in solar, EV charging, and grid infrastructure * Result validates Tata Power's transition from coal-dependent utility to renewable energy platform Tata Power (NSE: TATAPOWER) reported better-than-expected earnings for Q1FY27, with profit rising to beat analyst estimates even as margins were unde
Jul 27, 2026
The Quick Take * Nvidia, SK Hynix, and Broadcom named top AI infrastructure buys as data centre spending set to surge * Hyperscale CapEx commitments from Amazon, Microsoft, and Google underpin a multi-year GPU and HBM demand cycle * Analysts cite data centre infrastructure as a 'secular, not cyclical' growth story with 30-40% YoY spend growth With hyperscale cloud providers collectively committing over \$300 billion in data centre capital expenditure for 2026 and 2027, analysts have converg
Jul 27, 2026
Alphabet, Amazon, Meta, Microsoft, and Oracle are collectively investing nearly $800 billion in AI infrastructure
Jul 26, 2026
Week of July 21-27: AI $205B capex drives GDP growth, Houthi-Saudi escalation deepens Red Sea crisis, Bitcoin $981M ETF inflows test $60K support.
Jul 26, 2026
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