Capex

• Indian companies are shifting capital away from physical assets like factories and machinery toward financial investments, inorganic growth, and overseas expansions. • This trend is driven by weak domestic demand, existing spare capacity, and global economic uncertainty, which have stalled the next private capital expenditure (capex) cycle. • Madan Sabnavis, chief economist at Bank of Baroda, notes that these financial assets include strategic mergers, acquisitions, and investments in subsidiaries to expand global footprints.

• Meta Platforms is leveraging its massive capital expenditure on AI compute clusters to transform internal R&D infrastructure into scalable revenue channels. • The strategy involves monetizing physical infrastructure that has outpaced the company's immediate internal utilization needs. • This shift allows Meta to turn high operational costs into a competitive weapon against other tech giants like Microsoft and Amazon.

• Eurofiber forecasts its 2026 revenues to reach approximately EUR 361 million, representing a EUR 12 million increase over the previous year. • This growth is driven by the strategic expansion of the company's fiber optic footprint across France and Germany. • The company expects capital expenditure to decrease by an estimated EUR 8 million, bringing the total down to EUR 203 million.

• Singapore's listed technology manufacturers are experiencing significant gains and increased institutional inflows driven by the global artificial intelligence boom. • The growth is fueled by massive capital expenditure from global tech giants who are increasing demand for advanced semiconductors and chips. • This trend highlights Singapore's strategic position in the global tech supply chain, attracting investment into local manufacturing capabilities.