RaoscaffResearch
Prediction Series · Lock · Issue P-30
Prediction Series · P-30

Hyperscaler capex 2026 — $600B floor, locked at 95%.

95% probability the Big-4 hyperscalers (Microsoft + Alphabet + Amazon + Meta) together spend ≥$600B in total capex (including finance leases, as guided) in CY2026. Post-Q1 2026 guidance low-end sums to ~$695B — a $95B cushion.

Type · Prediction Lock · corporate-KPI Locked · 2026-06-21 · based on post-Q1 2026 guidance Resolves · ~2027-02-15 · Q4-2026 earnings / FY2026 10-K filings (all 4 issuers) Scored · binary: sum ≥$600B vs reported figures (same capex basis as guidance)
Big-4 guided capex low-end sum (CY2026)
$600B
floor · guidance low-end ~$695B · ~16% cushion

Post-Q1 2026 guidance (same basis — total capex incl. finance leases): MSFT ~$190B · AMZN ~$200B · GOOGL $180–190B · META $125–145B. Low-end sum ~$695B; resolves against reported figures on the same basis as guidance cited in each issuer's Q4 earnings.

— 1 · The Locked Call

Combined CY2026 capex ≥$600B — P = 0.95.

We lock a binary claim: the combined CY2026 total capital expenditure (including finance leases, as guided and as reported) of Microsoft, Alphabet, Amazon, and Meta is ≥$600,000,000,000. Confidence 0.95. The resolution metric uses the same capex basis as each issuer's own guidance — total capex including finance leases, not PP&E-purchases-only.

— 2 · Why it's nail-able

Guidance low-end sums to ~$695B — $95B above the threshold.

Post-Q1 2026 guidance (all four firms raised or maintained vs prior-year): Microsoft ~$190B, Amazon ~$200B, Alphabet $180–190B, Meta $125–145B. Low-end sum ~$695B — a ~$95B (16%) cushion above the $600B threshold. All four issuers have publicly stated AI infrastructure investment as a multi-year priority; none has signaled a capex reduction. Resolves against Q4-2026 earnings releases and FY2026 10-K capex lines (SEC EDGAR, expected ~Feb 2027); we use the same basis as guidance (total capex incl. finance leases) to avoid a basis mismatch.

Locked on 2026-06-21 — scored against FY2026 10-K reported capex (same basis as guidance) for all 4 issuers.

RAOSCAFF locks P-30 on 2026-06-21. Resolution metric is pre-committed: total capex including finance leases, the same basis each issuer uses in its own guidance.

Locked
2026-06-21 (commit timestamp on origin/main)
Resolves
~2027-02-15 — last of Microsoft/Alphabet/Amazon/Meta Q4-2026 earnings releases / FY2026 10-K filings
Source
SEC EDGAR 10-K filings: MSFT (CIK 789019) · GOOGL (CIK 1652044) · AMZN (CIK 1018724) · META (CIK 1326801)
Scored by
Binary: YES if sum of 4 reported FY2026 total capex figures (incl. finance leases) ≥$600B; NO otherwise

If any issuer changes its capex disclosure basis between guidance and reporting, we use the reported figure on the most comparable available basis and note the adjustment.