Analysis: in 2020, Amazon's capital expenditure grew 69% YoY to $54B, Microsoft's grew 14% YoY to $20.6B, and Google's declined over 5% YoY to $22.3B (Charles Fitzgerald/Platformonomics)

Charles Fitzgerald / Platformonomics:
Analysis: in 2020, Amazon's capital expenditure grew 69% YoY to $54B, Microsoft's grew 14% YoY to $20.6B, and Google's declined over 5% YoY to $22.3B  —  It is time for our annual bulletin to CAPEX obsessives (previous updates from 2016, 2017, 2018, 2019 as well as earlier installments).