US Shale's Spending Spree Offers Cautionary Tale for Big Tech

The wild spending spree of US shale drillers in the 2010s is presented as a cautionary lesson for major technology companies like Amazon and Meta regarding financial discipline.

18 Aug, 11:36 — 18 Aug, 11:36

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bloombergHigh2h ago

US Shale’s Metamorphosis Is a Lesson for Big Tech

Drillers’ wild spending spree of the 2010s is a cautionary tale for the likes of Amazon and Meta.

By Kevin Crowley

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US Shale's Spending Spree Offers Cautionary Tale for Big Tech

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US Shale’s Metamorphosis Is a Lesson for Big Tech

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