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If you're a Microsoft, Amazon or Alphabet stock investor there's some very encouraging results from Bernstein’s mid-year CIO survey, before the latest quarter results reporting in the next few weeks from these companies. \* strong IT budget growth in 2026, with growth similar to 2025 and rivaling the strength seen during the COVID-era rebound in 2021 \* CIOs do not expect to increase spending on LLM vendors such as OpenAI and Anthropic, \* Cloud adoption continues to rise, Microsoft Azure …
— ORIGINAL POST ·
Bernstein’s mid-year CIO survey (Cloud spending to rise, no expectation AI to replace enterprise software)
· r/stocks
· Jul 16, 2026