Capital Expenditure (CapEx)
Capital expenditure is money a company invests in long-lived assets — factories, equipment, data centers. Rising capex can signal confidence and future growth or margin pressure in the near term, so guidance on capex intensity is closely watched, especially across AI and infrastructure names.
Seen in a real earnings call
“…what I'm being told by the oil and gas executives is this is not a catalyst for them to start making major capital expenditures. -- if they made major capital expenditures, that's what would cause the job creation. So at this point in time, it's really…”Camden Property Trust (CPT) — earnings call, September 15, 2026