Tech stocks were lower late Thursday afternoon, with the State Street Technology Select Sector SPDR
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Tech stocks were lower late Thursday afternoon, with the State Street Technology Select Sector SPDR
US job cuts increased in April to the third-highest total for the month since 2009 as technology com
DeepL is entering a leaner chapter as artificial intelligence starts to reshape the translation software market from the inside. Chief Executive Officer Jarek Kutylowski attributed the move to what he described as a massive structural shift from artificial intelligence. Kutylowski said adapting the company to work more effectively with AI means fewer layers, faster decisions and far less time spent on the back and forth that can slow large teams down.
Mark Zuckerberg is mounting a legal challenge against Ofcom concerning the cost of its new online safety laws.
Mark Zuckerberg is mounting a legal challenge against Ofcom concerning the cost of its new online safety laws.
(Bloomberg) -- Apple Inc. has reached the late stages of development for new AirPods with built-in cameras, a significant milestone for what will likely be its first wearable device designed for the artificial intelligence era.Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsUS Has Opened a Passage Through Hormuz, Central Command SaysDOJ Plans Intervention in Trump Supreme Court Carroll AppealChina Asks Banks to Pause New Loans to US-Sanctioned
(Bloomberg) -- CoreWeave Inc. shares are on a scorching run in 2026 as demand for computing capacity to power artificial intelligence keeps growing. But now investors want to see some proof that the neo-cloud provider is executing on its ambitious plans. Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsUS Has Opened a Passage Through Hormuz, Central Command SaysDOJ Plans Intervention in Trump Supreme Court Carroll AppealChina Asks Banks to Paus
Shares of Qualcomm (NASDAQ:QCOM) gained 8% and hit $223 in midday trading on Thursday, May 7, before coughing up some of the day’s gains. The move extends one of the sharpest re-rating runs in the chip group this spring. QCOM stock is now up 61% over the past month. The catalyst stack is unusually broad: ... Qualcomm Climbs 8% as Buyback, Snap AR Partnership Power Pivot Beyond Smartphones
NVIDIA (NASDAQ:NVDA) stock has cooled off from its highs, but our proprietary model still sees room to run. The path to $300 is real, and it runs through Blackwell Ultra, Vera Rubin, and the agentic AI buildout that Jensen Huang says has just begun. Nvidia trades at $198.48 as of May 4, 2026. Our 24/7 ... Can Nvidia Hit $300 by 2027? Here’s Why the Answer Is Yes
Meta Platforms, Inc. (NASDAQ:META) is one of the best strong buy stocks to invest in according to billionaires. Pivotal Research cut the price target on Meta Platforms, Inc. (NASDAQ:META) to $790 from $910 on April 30, reaffirming a Buy rating on the shares. The firm told investors in a research note that the company reported […]
The Number Alphabet (NASDAQ:GOOG) reported Q1 FY2026 net income of $62.58 billion on April 29, 2026 via 8-K filing. That works out to roughly $1 million in profit every 3 minutes, 59 seconds. By contrast, Meta Platforms (NASDAQ:META) generated $26.77 billion in Q1 net income, or $1 million every 8 minutes, 42 seconds. Microsoft (NASDAQ:MSFT) ... It Takes Meta Almost 9 Minutes to Make $1 Million in Profits. Google Does It in Under 4
Snap (NASDAQ: SNAP), owner of Snapchat, just posted another trainwreck of a quarter. The stock is down almost 35% this year, 29% over the last year, and 89% over the last five years. There is not a single thing in its business or its prospects that can save investors. They need to shut the door. ... Investors Should Dump Snap Stock As Fast As They Can
2026 will be a make-or-break year as the company prepares to launch its first mass-market Specs, Snap (NASDAQ:SNAP) CEO Evan Spiegel recently said, calling it a "crucible moment" for consumer augmented reality glasses. The glasses are designed to keep users...
The AI arms race is getting expensive fast. Alphabet (NASDAQ:GOOG)(NASDAQ:GOOGL), Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN), and Meta Platforms (NASDAQ:META) are now on track to collectively spend roughly $710 billion to $725 billion this year building data centers, networking systems, and AI chips. That raises an uncomfortable question for investors: How long can hyperscalers keep pouring hundreds ... Did Google Just Turn Chrome Users Into Its AI Data Center?
The senator called Meta’s lack of transparency “troubling”
Meta Platforms, Inc. (NASDAQ:META) is one of the 10 Strong Buy S&P 500 Stocks to Invest In. Meta Platforms, Inc. (NASDAQ:META) is reportedly working on a financing deal for a data center in El Paso, Texas, that could total about $13B, with Morgan Stanley (MS) and JPMorgan (JPM) leading the process, according to Bloomberg. The […]
Facebook and Instagram owner Meta is bringing a legal challenge against Britain's media regulator Ofcom over how fees and penalties are set under the government's Online Safety Act, Ofcom said on Thursday. "We will robustly defend our reasoning and decisions."
(Updates to add Meta's comment throughout and remove market chatter tag) Meta Platforms (META) ha
The rise of agentic AI could lead to companies attaining billion-dollar valuations with very few employees.
Two of the largest names in communication services are both trading off recent highs, but the dips look nothing alike. The question for a retirement-focused investor is straightforward. Between Netflix (NASDAQ: NFLX) and Meta Platforms (NASDAQ: META), which one deserves capital today? Netflix represents the deeper, scarier drawdown. Meta represents a shallower pullback from a ... Netflix and Meta On Sale: Which One Deserves Your Capital Today?
The Mondelēz-owned snack bar brand’s “Easy to Love” campaign represents its first major creative push in nearly a decade.
They have historically beaten the market, and they aren't done.
Meta Platforms (META) has asked a Los Angeles judge to throw out a jury verdict that found the compa
Magnificent 7 earnings are set to jump 45.7% in Q1 as AI-driven cloud growth and record S&P 500 profits fuel Tech sector momentum.
Wall Street analysts project first-quarter sales growth of 139% from last year to almost $2 billion.
Meta Platforms, Inc. (NASDAQ:META) is one of the 10 Must-Buy Stocks with the Strongest 1Q2026 Earnings Beats. On April 30, 2026, BofA analyst Justin Post raised the price target on Meta Platforms, Inc. (NASDAQ:META) to $835 from $820 and maintained a Buy rating after the company’s Q1 results. Justin Post noted increased investment in AI […]
(Bloomberg) -- Moonshot AI has raised about $2 billion in its latest funding round, signaling growing investor appetite for Chinese startups rivaling Silicon Valley’s leaders. Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysDOJ Plans Intervention in Trump Supreme Court Carroll AppealUS Says Offensive Phase of Iran War Over as Ship Hit in StraitAnthropic Unveils AI Agents to Field Financial Services TasksSony to Pay Almost $4 Billion for Bieber, Neil Young Cata