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Companies are spending so much on AI that they’re cutting share buybacks, Goldman Sachs says
fortune.com/2025/09/09/sp-500-capex-ai-share-buybacks-goldman-sachs
Goldman Sachs says surging investment in AI among the S&P 500 companies is diverting funds from stock buybacks, halting their usual yearly growth. Companies spent $550 billion on buybacks in early 2025, but that flatlined in Q2 as AI-driven capital expenditures jumped 24%.
One…
This story appeared on fortune.com, 2025-09-09 11:11:18.