Everyone's focused on [Google's cash burn](https://www.cnbc.com/2026/07/28/hyperscalers-face-higher-capex-scrutiny-after-alphabet-report-panned.html) and Amazon's data center spend. That's the visible wound. But the market is sleeping on a quieter problem: Microsoft's $82.9B annual revenue with $32.1B in cash looks fortress-strong until you realize that fortress is anchored in low-yielding securities.

Research these companies