That could bring Meta’s total expenses to around $150 billion in 2026—nearly triple what the company spent just five years ago. With his controlling share, Zuckerberg has the luxury of fully calling the company’s shots. He still can’t afford to miss.

Microsoft’s market capitalization climbed past the $4 trillion mark on Thursday morning following a spectacular set of quarterly earnings that underscored the company’s dominance in the artificial intelligence landscape. It highlights big tech’s growing influence on markets and the economy.