Big Tech is sacrificing buybacks for AI CapEx: Combined buybacks by Amazon, $AMZN, Alphabet, $GOOGL, Microsoft, $MSFT, Meta, $META, and Oracle, $ORCL, plunged to $12.6 billion in Q4 2025, the lowest since Q1 2018. Share repurchases have declined -74% since the ~$48.0 billion https://t.co/297dEy2Llw