Alphabet CEO Pichai: We plan to invest around $75 billion in total In 2025

Alphabets Picai says they plan to invest around $75 billion in total in 2025 cap ex.

That is giving the stock market a boost. The NASDAQ index is now up 1.36%. The S&P is back into positive territory of 36 points or 0.74% and the Dow industrial average is up 0.52%.

Five or so days ago Microsoft announced that they were rethinking investments in data centers which added to market concerns

Although this report from Alphabet is positive, there is a deep-rooted fear that uncertainty from policy leads companies to pull back on investment projects. Companies may start to make announcements like Microsoft to get the message across.

This article was written by Greg Michalowski at www.forexlive.com.