Woofun AI reports that Bank of America has upgraded capital expenditure forecasts for Alphabet, Meta, and AWS covering the 2026-2027 period. Alphabet’s 2026 capex estimate rose from $187.0 billion to $195.0 billion, while the 2027 projection increased from $257.0 billion to $290.0 billion.

Meta’s 2026 forecast was raised from $130.0 billion to $145.0 billion, with 2027 expectations climbing from $157.0 billion to $185.0 billion. AWS maintained its $159.0 billion outlook for 2026 but saw its 2027 estimate rise from $196.0 billion to $230.0 billion.