capital allocation

Wall Street’s reaction to the latest earnings season has treated Meta and Microsoft like two different bets on the future of technology: Meta is being rewarded for buying its own runway, while Microsoft is confronting a resource allocation problem that looks a lot like a corporate prisoner’s...

Surge Energy’s board has confirmed a monthly cash dividend of $0.043333 per share payable March 16, 2026 — continuing the company’s steady monthly payout program and underscoring management’s commitment to returning free cash flow to shareholders even as the company invests in core development...

The biggest test for AI’s business case in 2026 isn’t a new model or a benchmark score — it is a capital cycle. What once read as a long-term productivity revolution is now colliding with the immediate language of markets: depreciation, debt, free cash flow and return on invested capital...

The era when the Magnificent Seven could be excused for spending without immediate proof of returns appears to be ending: this quarter’s results have crystallized a new investor imperative — evidence of durable returns on the staggering capital being deployed into AI infrastructure. Amazon’s...