2018-04-25thestreet.com

``Earlier this year, Bank of America estimated that between them, Google, Facebook, Amazon, Microsoft, Alibaba , Baidu  and Tencent would grow their capex by 30% in 2018 to $74.1 billion. Google, it should be noted, just spent much more on capex in Q1 than the $3.4 billion BofA expected it to spend.''



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