Wednesday, October 22, 2025

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Goldman’s top tech capex and R&D stocks

CAPEX - word on a brown wooden block with a calculator and magnifying glass in the background

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Goldman Sachs expects companies to keep channeling the bulk of their cash toward capital expenditures and research and development in 2026.

The equity team’s forecasts imply 50% of S&P 500 (SP500) cash spending will go to capex and R&D, 43% to


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