Big Tech dem don spend over $650B for AI; Bitcoin risk trade dey under pressure

Big Tech Q1 earnings generally do well pass expectations, but aggressive AI capex guidance dey pressure tech sector sentiment and e dey spill over into crypto. Investors dey watch whether AI capex go convert to measurable revenue and margins fast enough. Key updates: Amazon report $181.5B net sales (+17% YoY) and dem raise Q2 sales guidance to $194B–$199B. Microsoft revenue rise to $82.89B (+18%) and im AI business dey annualize at $37B (+123%). Meta post $56.3B revenue (boosted by one-time $8B tax benefit) and raise 2026 capital spending to $125B–$145B. Alphabet revenue be $109.9B with Google Cloud sales around $20B. Market main worry na the spending profile: 2026 AI capex for the Big Four dey estimated above $650B, and investors dey worry say depreciation and operating costs fit outpace near-term AI monetization. This one help explain the after-hours softness for parts of tech complex. For crypto traders, the article talk say correlation between BTC and Nasdaq/“Magnificent 7” don high. If AI capex anxiety continue without matching revenue acceleration, BTC and ETH sentiment fit remain heavy into May. Near-term catalysts include more tech reports and the PCE index. Bottom line: watch the gap between AI capex and profit generation—cos e fit drive fast, directional moves in BTC/ETH through liquidity and risk appetite.