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- 1Bridgewater says AI capex boom hinges on widespread adoption▼AI capex boom requires adoption to scale: Bridgewater
Bridgewater argues that the surge in capital spending on artificial intelligence can only be justified if adoption scales broadly across the economy. The investment firm's view feeds into a growing debate about whether massive outlays by tech companies on data centres and chips will deliver returns, or whether current spending levels rest on unproven demand for AI products and services.
- 2Five more Apex-linked businesses traced to empty building▼Five more Apex-tied businesses found at non-operational building
Investigators have identified five additional businesses connected to Apex registered at a building that is not operational. The finding adds to a growing list of companies tied to the troubled group, raising fresh questions about the scale of its operations and the whereabouts of assets, as regulators and creditors continue probing its activities.
- 3Meta shares slide as investors weigh surging AI spending▼META Stock Rout Deepens Overnight On Capex Woes — Analysts, Retail Bulls Still Back Mag 7’s Cheapest AI Bet
Meta shares extended losses overnight as concern grows over the company's heavy capital spending on artificial intelligence infrastructure. Despite the sell-off, analysts and many retail investors remain supportive, arguing Meta is still the cheapest way among the Magnificent Seven stocks to gain exposure to the AI theme. Debate is centred on whether the capex will translate into returns.
- 4SERAP demands CBN explain missing ₦1.63 trillion▼SERAP seeks explanation from CBN over ₦1.63 trillion and $6.23 million
Nigeria's Socio-Economic Rights and Accountability Project (SERAP) has asked the Central Bank of Nigeria to account for ₦1.63 trillion and $6.23 million. The group is seeking a public explanation of how the funds were managed, pressing the apex bank for transparency over public money. The demand puts the CBN under fresh scrutiny over its financial stewardship and accountability to Nigerian citizens.
- 5Google stock steadies as retail traders buy the dip●GOOGL Stock Inches Up Premarket: Retail Traders Are Buying The Dip After CapEx-Fueled Selloff
Alphabet shares edged higher in premarket trading as retail traders stepped in to buy following a selloff driven by the company's plans for sharply higher capital spending. The dip-buying suggests individual investors see the capex announcement as a long-term bet on AI infrastructure rather than a reason to sell. The stock's modest premarket gain points to stabilising sentiment after the initial drop.