Amazon's $200B Capex Plans Cap Tough Week for Tech

♪ >> NEWSMAKERS AND MARKET MOVERS. THIS IS "THE PULSE" WITH FRANCINE LACQUA. FRANCINE: GOOD MORNING, EVERYONE, AND ALMOST TO "THE PULSE," I’M FRANCINE LACQUA HERE IN LONDON.IT’S BEEN A BRUISING WEEK IN TECH WITH A BILLION SELL-OFF AND A SHARP FALL IN BIG TECH DESPITE REVENUE GROWTH. HUGE CAPEX SPENDING HAS BEEN A BIG CONCERN AND THIS WEEK’S SPENDING ANNOUNCEMENTS HAS DONE NOTHING TO ALLAY THOSE FIERCE. THIS WEEK TWO OF THE BIGGEST COMPANIES ANNOUNCED COMBINED SPENDING PLANS FOR THE YEAR $650 BILLION.$200 BI ...