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Investing.com -- Crypto-based prediction market bettors are forecasting an enormous debut for SpaceX when the company eventually goes public, with markets implying a strong likelihood of a valuation above $1 trillion on its first trading day.
(Bloomberg) -- The S&P 500 Index has had a fitful 2026 as it aims for a fourth-straight year of double-digit percentage gains, something it hasn’t done since the 1990s, while contending with risks from the war in Iran and rising inflation. Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran Threatens to Retaliate Beyond Middle East If US AttacksGoldman CEO Slides Into Musk’s DMs During Bid to
Two of the most-watched political traders in America, on opposite ends of the spectrum, just bought the same stock. Nancy Pelosi disclosed a Vistra (NYSE:VST) stock purchase tied to a January 16 options exercise executed by her husband, Paul Pelosi. Furthermore, recently released financial disclosures indicate that President Donald Trump bought Vistra shares on February ... Donald Trump and Nancy Pelosi Both Recently Bought the Same Underfollowed Stock. It Could Be a Massive AI Winner.
The latest quarterly earnings from Big Tech companies have given investors ample reason to stay invested in the AI trade, helping lift equities despite the unprecedented disruption in the oil markets that has clouded the economic growth outlook. Nvidia rounded out the results from the so-called Magnificent Seven that includes Alphabet, Apple, Microsoft, Amazon.com, Meta Platforms and Tesla. Revenue growth at the Magnificent Seven remains highly uneven, with Nvidia's blistering pace helping maintain its dominant lead.
As Big Tech and a whole cohort of new-generation AI start-ups race towards artificial general intelligence (AGI), elite researchers and engineering leaders have become the equivalent of franchise athletes.View on euronews
Meta's Hyperion project targets 5 gigawatts of compute capacity as AI spending pressure intensifies.
Meta plans layoffs, management cuts and employee transfers tied to AI initiatives.
Meta Platforms is cutting roughly 8,000 jobs and reassigning about 7,000 employees into newly formed AI focused teams. The company is rolling out an AI first restructuring that includes keystroke and mouse tracking tools used for AI training. Employees are pushing back over monitoring, morale and privacy, while regulators and workforce advocates scrutinize the changes. For investors watching NasdaqGS:META, these internal shifts sit alongside a share price of $605.06 and a mixed recent...
Jobs can feel precarious right now as well-known companies keep slashing workers. The latest is Meta, which promised it would cut jobs this month and on Wednesday sent layoff notices to about 10 percent of its staff, nearly 8,000 people, according to news reports.Subscribe to The Post Most newsletter for the most important and interesting stories from The Washington Post. Like some other technology companies, Meta has attributed the layoffs partly to the effects of artificial intelligence. They
Meta Platforms is an absolute bargain.
Alphabet's Google, Meta Platforms and TikTok were hit with complaints from European Union consumer groups on Thursday for allegedly failing to protect users from financial scams on their platforms. The move highlights growing pressure worldwide on Big Tech to do more to address the negative impacts of social media, particularly for children and vulnerable users. The complaints, filed by the European Consumer Organisation (BEUC) and 29 of its members in 27 European countries, were submitted to the European Commission and national regulators under the Digital Services Act, which requires large online platforms to do more to tackle illegal and harmful content.
Silicon Valley’s hottest startups are competing fiercely as big tech firms contend with fickle investors and hard choices.
Manus co-founders are weighing ways to comply with China's order to unwind Meta's $2 billion-plus acquisition of the AI startup, Bloomberg News reported on Thursday. Founders Xiao Hong, Ji Yichao and Zhang Tao are exploring options, including raising about $1 billion from external investors to buy their way back, the report said citing people familiar with the matter. They are discussing a funding round that would value the company at a level to match what Meta paid to buy Singapore-based Manus, the report added.
Meta Platforms, Inc. (NASDAQ:META) is one of the top tech stocks in billionaire Ken Fisher’s portfolio. On May 12, Meta Platforms Inc. (NASDAQ: META) entered into power purchase agreements with D.E Shaw Renewable Investments for 850 megawatts of renewable energy capacity. The power purchase agreements consist of 500MW in Oklahoma, 200MW in Texas, and 150MW […]
(Bloomberg) -- The co-founders of Manus are exploring options to fulfill Beijing’s demand to unwind a controversial takeover by Meta Platforms Inc., including raising about $1 billion from external investors to buy back the Chinese-founded AI operation. Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran Threatens to Retaliate Beyond Middle East If US AttacksNvidia Tells Skeptical Investors A
The former Meta says rigid career plans will backfire: "If I had one, I would have missed the internet," Sheryl Sandberg warned Gen Z.
On Wednesday, Sen. Bernie Sanders (I-Vt) raised concerns about artificial intelligence and job security after Meta Platforms, Inc. (NASDAQ:META) laid off roughly 8,000 employees while accelerating its multibillion-dollar AI expansion. Meta Layoffs Spark AI Job Loss Debate In a post on X, Sanders criticized the company's workforce cuts and questioned how AI could affect workers across the broader economy. "Today, Meta is firing thousands of workers to replace them with AI," Sanders wrote. "If Mar
(Bloomberg) -- The windfall earned by Asian chip makers is coursing through the world economy, mirroring on a global scale the circular flow of money within the AI ecosystem.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockSpaceX Shows $4.3 Billion Loss as Musk Targets Record IPOIran Threatens to Retaliate Beyond Middle East If US AttacksNvidia Tells Skeptical Investors AI Is Ready to Go Mainst
If you are wondering whether Meta Platforms stock still offers value after its huge run over the last few years, the next sections will walk through what the current price might be implying. The stock has pulled back recently, with the share price down 1.9% over the last week, 9.8% over the last month, and 7.0% year to date, although it is still up 144.7% over three years and 86.1% over five years. Recent headlines have focused on Meta Platforms' ongoing investment in AI infrastructure and...
U.S. energy storage developers installed 9.7 gigawatt-hours of new capacity in the first quarter of 2026, marking a record high for the quarter, an industry report showed on Thursday. Energy storage capacity grew 32% in the quarter from a year ago despite federal actions the industry says are slowing clean energy development, the report by the Solar Energy Industries Association (SEIA) and Benchmark Mineral Intelligence said. The SEIA said the demand is being driven by data centers, volatile electricity prices and disruptions to global gas and gas turbine supplies.
Tech giant Meta has laid off 10% of its workforce - as chief executive Mark Zuckerberg warns that "success isn't a given". Mr Zuckerberg announced the cuts in a company-wide memo on Wednesday, and also revealed that 7,000 employees would be transferred into AI roles as part of a larger restructure. "Success isn't a given," Mr Zuckerberg said.
Meta Platforms, Inc. is reportedly reshaping its workforce around artificial intelligence by moving thousands of employees into new AI-focused divisions while simultaneously cutting roughly 8,000 jobs as CEO Mark Zuckerberg accelerates the company's massive AI ambitions. Meta's AI Restructuring Signals...
Wall Street has spent the last six months questioning Mark Zuckerberg’s aggressive AI capital spending, with Meta Platforms (NASDAQ:META) raising its 2026 capex guidance to $125 to $145 billion after a Q1 in which revenue grew 33% year over year. While everyone debates whether Meta is overspending, a quieter filing from SpaceX just laid out ... The Real Winner of SpaceX’s IPO: Mark Zuckerberg
Meta began laying off roughly 8,000 employees Wednesday -- about 10 percent of its global workforce -- as co-founder and Chief Executive Mark Zuckerberg pushes to redirect resources toward an ambitious artificial intelligence agenda.In a memo to staff Wednesday, posted by Business Insider, Zuckerberg expressed thanks to departing employees and sought to reassure those remaining.
Investing.com -- Anthropic is projected to more than double its revenue from $4.8 billion in the first quarter to $10.9 billion in the second quarter, according to a report from the Wall Street Journal, citing figures shared during an ongoing funding round.
SpaceX, which is expected to target a valuation of more than $1.5 trillion at IPO, has a financial picture that is notably worse than any other mega-cap U.S. company. Meta, valued in the same range SpaceX is targeting, had sales 11 times that last year and profits of $60 billion. SpaceX, if ultimately valued at $1.5 trillion, would be valued at 80 times sales.
Arm stock pushes higher as Bernstein initiates coverage with an “outperform” rating. Here’s why analyst David Dai sees ARM shares ripping higher from here as the year unfolds.