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75/100 Bearish 18.06.2026 · 11:00 Finrend AI ⏱ 1 dk 👁 4 TR

AI Spending Reduces Share Buybacks at Big Tech Companies

Major technology companies are scaling back their regular share buyback programs, which have long supported stock prices, due to rising costs in the artificial intelligence (AI) race. This highlights the pressure AI investments are placing on corporate cash flows. Competition in AI is evident through heavy spending, particularly in areas such as large language models and data center infrastructure. As companies invest billions of dollars in these technologies, budgets allocated for share buybacks are shrinking. This trend weakens the buyback mechanism that has helped boost stock prices, signaling a shift for investors. Share buybacks help companies reduce the number of shares in the market, increasing earnings per share (EPS) and supporting stock prices. However, the rise in AI spending raises questions about the sustainability of this strategy. Big tech firms, in particular, are redirecting cash flows to finance AI investments. This development is seen as a significant signal for investors. With the returns on AI investments still unclear, reduced buybacks could create downward pressure on stock prices. Whether companies' AI strategies will translate into long-term profitability remains uncertain. This is not investment advice.

📊 AAPL — Piyasa Yorumu

■ neutral · 60%

The news indicates that artificial intelligence investments are reducing share buybacks, which could create a negative perception for AAPL in the short term. However, technical indicators are sending mixed signals: the RSI is neutral at 47, the MACD is below the signal line but positive, and the price is below the 20-day moving average. Despite a 1.95% rise in the last 24 hours, the failure to break above the 20-day average suggests weakness. Therefore, it is difficult to determine a clear short-term direction, and the market needs time to price in the news.

RSI 14
47.1
MACD
0.24
24h Δ
1.95%

📊 AMZN — Piyasa Yorumu

▼ down · 65%

Amazon (AMZN) shares are trading below their 20- and 50-day moving averages, with the Relative Strength Index (RSI) at 32.9, approaching oversold territory. The MACD line remains below the signal line and in negative territory, indicating weak short-term momentum. News headlines highlight that major technology companies are reducing share buybacks due to heavy investments in artificial intelligence, which could create negative sentiment for AMZN. The combination of weak technical indicators and negative news suggests the stock may continue its short-term downward trend. However, the RSI nearing oversold levels also points to some potential for a rebound.

RSI 14
32.9
MACD
-1.09
24h Δ
0.44%

📊 GOOGL — Piyasa Yorumu

▼ down · 60%

The news headline indicates that artificial intelligence investments are reducing share buybacks, creating a negative signal for GOOGL. Technical indicators support this view: the RSI at 45 is in the neutral-to-bearish zone, and the price is trading below both the 20-day and 50-day moving averages. The MACD line remains below the signal line, pointing to short-term weakness. Although the last close at $363.69 is just above the 50-day average of $363.48, momentum is downward. The bearish trend is expected to continue in the short term.

RSI 14
45.0
MACD
0.04
24h Δ
0.69%

📊 MSFT — Piyasa Yorumu

▼ down · 70%

MSFT shares have fallen 2.2% in the last 24 hours, with the RSI declining to 26, entering oversold territory. The MACD is below the signal line and in negative territory, indicating weak short-term momentum. The price is trading below both the 20-day (391.5) and 50-day (394.1) moving averages. News headlines suggest that AI investments are reducing share buybacks, potentially negatively impacting shareholder returns. The combination of weak technical indicators and negative sentiment from the news points to a continued short-term downtrend.

RSI 14
26.2
MACD
-4.07
24h Δ
-2.24%
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