Several S&P 500 Companies Step Up Capital Spending Faster Than Share Buybacks
Benzinga
AUGUST 4, 2022
companies, including Alphabet Inc (NASDAQ: GOOG ), General Motors Company (NYSE: GM ), and PepsiCo Inc (NASDAQ: PEP ), have increased spending on real estate, equipment, and technology. According to the Wall Street Journal report , the move is an encouraging signal to investors amid uncertain macroeconomic trends.
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