全球科技行业：“七巨头” 生活方式- 如何消费-Global tech_ A Mag 7 lifestyle_ How to spend it

9 September 2025 Global tech Equities A Mag 7 lifestyle: How to spend it United States Capital allocation priorities: investment and buybacks A business can use the cash it generates to develop and defend activity, repay debt, reward investors, or a combination of these. This is a dynamic task with different time horizons and risk. We look at capital allocation amongst Mag 7 and their cUSD900bn cash flows from operation in 2025 and their cUSD200bn of net cash at hand (June 2025). Capex is the largest Mag 7 ...