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Bloomberg30d agoneutral
Meta’s Louisiana Data Center to Surpass $250 Billion Price Tag

(Bloomberg) -- Meta Platforms Inc. has committed to spending an additional $40 billion on its sprawling data center campus in Louisiana, pushing its total expected investment beyond $250 billion for the site as it continues to grow its artificial intelligence computing footprint. Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Hormuz Route Open Despite Iran Declaration, Maritime Group SaysOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleTrump Em

Bloomberg30d agoneutral
EU to Present Plan to Restrict Children’s Access to Social Media

(Bloomberg) -- The European Union will propose a law to restrict children’s access to social media, according to the bloc’s top official, as part of a growing global consensus about the harm it causes. Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Hormuz Route Open Despite Iran Declaration, Maritime Group SaysOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleTrump Embraces Australian Retirement System Backed by Larry FinkUS Renews Iran Strikes

US Stock Market Today: S&P 500 Futures Rise As Inflation Cools And Earnings Loom
Simply Wall St.30d agoneutral
US Stock Market Today: S&P 500 Futures Rise As Inflation Cools And Earnings Loom

The Morning Bull - US Market Morning Update Monday, Jul, 13 2026 US stock futures are pointing higher this morning, with E-mini S&P 500 contracts up about 0.4%, as investors digest a mix of cooling inflation and uneven growth signals abroad. Softer price data in countries like France, where inflation sits at 1.8%, suggests global cost of living pressures are easing, which can take some pressure off central banks to keep lifting interest rates. At the same time, weaker industrial output in...

Is Meta Platforms a good long-term investment?
TheStreet30d agoneutral
Is Meta Platforms a good long-term investment?

If you can find a fortune teller bold enough to share their secrets, they’ll probably tell you that predicting the future has less to do with what's inside their crystal ball than with what you see around you. The same is true for investing. While crystal balls belong at state fairs, successful ...

Bank of America's new META stock outlook cuts to the chase
TheStreet32d agobearish
Bank of America's new META stock outlook cuts to the chase

Meta's stock is down more than 7% year to date. The company spent much of this year defending its decision to pour hundreds of billions of dollars into AI infrastructure, and investors who followed the Q1 earnings call on April 29 watched the stock drop another 6% to 7% after the company raised its ...

Bloomberg33d agoneutral
A Month After SpaceX IPO, Tesla’s Stock Keeps Holding Its Ground

(Bloomberg) -- In the weeks leading up to SpaceX’s monster IPO, many Wall Street pros feared the deal represented an existential threat for Elon Musk’s other giant, Tesla Inc. But after a month in the stock market, the outcome is far from clear. Most Read from BloombergMicrosoft’s Xbox to Shift Obsidian Studio to New ‘Fallout’ Video GameNvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom LevelsZuckerberg Pledges ‘Aggressive’ Pricing With Meta’s First Pay-to-Use AITrump Vents Anger With Ira

Tencent in talks to become AI start-up Manus' largest shareholder, FT reports
Reuters33d agoneutral
Tencent in talks to become AI start-up Manus' largest shareholder, FT reports

Tencent ‌is in ‌talks to ​become Manus' largest shareholder as ‌investors ⁠seek alternatives after Beijing ⁠ordered Meta ​to ​unwind ​its $2 billion ‌acquisition of the AI start-up, the ‌Financial ​Times ​reported ​on Thursday, ‌citing two ​sources. (Reporting ​by Preetika Parashuraman ​in ‌Bengaluru; Editing ​by Sherry ​Jacob-Phillips)

Does Meta pay dividends? Its yield and payouts explained
TheStreet33d agoneutral
Does Meta pay dividends? Its yield and payouts explained

Dividends are one way for profitable companies to reward their shareholders, while also signaling financial strength and confidence in their future cash flow. Tech stocks, however, have traditionally prioritized stock buybacks over dividends as a way to reinvest excess cash and return value to ...

Investing.com33d agobearish
Meta superintelligence labs drops Muse Spark 1.1

Investing.com -- Meta Platforms’ specialized AI division, Meta Superintelligence Labs, announced Thursday the release of Muse Spark 1.1. The updated multimodal reasoning model is specifically engineered to handle autonomous "agentic" workflows, boasting a massive one-million-token context window alongside major upgrades to coding and direct computer control. The release marks a significant push by Meta to lead the enterprise AI market. Alongside the consumer-facing rollout, the company launched

Meta business model in trouble from $1.4 trillion lawsuit
TheStreet33d agobearish
Meta business model in trouble from $1.4 trillion lawsuit

If you have ever caught yourself doom scrolling on Instagram or Facebook for hours on end and felt bad, don't; the technology is working exactly how it was intended to. Everything from the length and style of the Reels to the algorithms' encyclopedic knowledge of your likes and dislikes is designed ...

Exclusive-Meta to put AI chip into production in September as it looks to double computing capacity, memo shows
Reuters34d agoneutral
Exclusive-Meta to put AI chip into production in September as it looks to double computing capacity, memo shows

Meta Platforms plans to start manufacturing an artificial intelligence chip from September as part of its plan to boost overall ‌computing power to 14 gigawatts next year, showed an internal memo reviewed by Reuters. The tech firm's data center ‌chip, code-named "Iris", is part of a four-generation project for Meta Training and Inference Accelerators (MTIA) that it will design in-house. Meta tailored the chip for its own needs and is working with Broadcom ‌to help design it and Taiwan Semiconductor ⁠Manufacturing Co to manufacture it.

Associated Press34d agoneutral
Meta plans billions for first AI data center in Canada, largest outside the US

Facebook and Instagram parent Meta said Wednesday it will invest more than US$9.1 billion to build its first artificial intelligence data center in Canada and its largest outside the United States. The facility will be built in Sturgeon County, Alberta, and powered by a natural gas-fired plant being developed by a consortium that includes Calgary-based Pembina Pipeline Ltd. Technology and Innovation Minister Nate Glubish called the project “a big deal for Alberta,” saying the province had created a regulatory framework to attract data center investment.

Meta to build C$13 billion Alberta data center, its first in Canada
Reuters34d agoneutral
Meta to build C$13 billion Alberta data center, its first in Canada

Tech giant Meta announced Wednesday it will build a massive data center in central Alberta, the company's first in Canada, as it rapidly ‌builds out computing capacity to support the global AI boom. The 1-gigawatt data center will ‌be located in Sturgeon County and represents a total investment of C$13 billion, or $9.17 billion, Meta said. Meta has doubled down on ​AI, pledging hundreds of billions of dollars to build large AI data centers in the U.S. The Alberta announcement represents the company's 33rd data center globally.

Bloomberg35d agoneutral
Nvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom Levels

(Bloomberg) -- After losing roughly $1 trillion in market value in less than two months, Nvidia Corp.’s stock is the cheapest it’s been since before the AI boom kicked off and sent the shares into the stratosphere.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaChip Stocks Sink After Blistering Run as Oil Jumps: Markets WrapUS Strikes Iran and Blocks Oil Sales in New Test of TruceTwo Millennium Trading Pods Made About $3.7 Billion Last MonthChina Sentences