Business

Big Tech's AI Spending Affects Share Buybacks

Updated 2026-05-10 14:20 UTC 1 source Negative

Goldman Sachs predicts S&P 500 share buybacks will grow only 3% this year due to economic uncertainties and increased costs associated with artificial intelligence development.

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MarketWatch

Big Tech’s AI spending is depriving investors of juicy payouts

Goldman Sachs expects S&P 500 share buybacks to grow only 3% this year, as a shaky economic backdrop and AI cost pressures force spending reconsiderations.

2026-05-10 14:00 UTC