Federal Reserve Chair Jerome Powell’s comment that another interest rate cut in December was "far from" a foregone conclusion dented expectations for more accomodative monetary policy, while trade ...
Mark Zuckerberg lost about $29.2 billion as Meta's AI spending spooked investors, knocking him two spots down on Bloomberg's ...
Meta has let go of nearly 600 employees from its legacy AI divisions, with the company seemingly focusing on its Meta Superintelligence Labs efforts.
Stock index futures were higher on Friday, as Nasdaq futures led the charge, driven by strong earnings from tech companies. S ...
Dow Jones Top Markets Headlines at 3 AM ET: Tech Earnings Send Nasdaq Lower | Wall ... Meta and Microsoft shares slide after quarterly results. While the market is priced for perfection, some ...
Cloud service providers, including Google, Meta, and Microsoft, this week reported mixed quarterly earnings, yet one theme ...
Shares in Asia are mixed and Chinese markets fall despite Trump’s trade truce with XiAssociated PressThe Associated PressMANILA, PhilippinesAsian shares are mixed after the U.S. stock market sank from ...
Cloud service providers are rapidly expanding AI capabilities, leading to increased capex and major investment in data center infrastructure. Microsoft CEO Satya Nadella revealed that 80,000 customers ...
Microsoft, Google, and Meta are pouring billions into AI data centers and cloud systems. Analysts warn of a growing AI bubble ...
Big Tech keeps pouring billions into AI infrastructure as Google, Meta, and Microsoft boost spending despite talk of an AI ...
U.S. President Donald Trump claimed a breakthrough with Chinese counterpart Xi Jinping on rare earths and tariffs. Trump ...