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Meta is investing $115 million to stand up a new training program for data center technician jobs, as the social ‌media giant races to build the infrastructure to power its AI ambitions. The cost-free program, ‌America's Workforce Academy, will end in guaranteed job offers to graduates, the company said in a statement. A Meta spokesperson ​said the program will provide generalist training for data center technicians.

The five-week program, which is free of charge and guarantees a job, follows a recent layoff of 8,000 employees.

Some unusual or even unprecedented circumstances could magnify the usual volatility and risks that come with IPOs.

(Bloomberg) -- A federal judge struck down a $100,000 fee President Donald Trump ordered for H-1B visa applications, providing a reprieve for US technology companies that rely on hiring skilled foreign workers.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’LA Mayor Race Flips as Socialist Beats Reality TV Star PrattTrump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalWhy Oil’s Not at $200 After the Biggest Supply Shock in HistoryIsrael Stri

SpaceX, OpenAI and Anthropic listings could reshape capital flows as new equity supply rises.

Just days after the S&P 500 climbed to a fresh record high as artificial intelligence stocks extended their remarkable rally, investors got a reminder that markets rarely move in a straight line. Friday’s sell-off erased roughly $1.4 trillion in market value from S&P 500 companies and marked the benchmark index’s steepest one-day decline since October ... The S&P 500 Wiped Out $1.4 Trillion in Market Cap After Red-Hot Jobs Report. Here’s Why

For decades, owning a newspaper looked like a losing bet. Print circulation fell, ad dollars fled to Google and Meta, and plenty of local titles folded for good. So when one of the most respected names in investing keeps pouring money into the sector, it's worth paying attention. That's exactly ...

"The lack of a reacceleration of wage growth in recent months points to a labor market that is stable, but not hot."

(Bloomberg) -- Apollo Global Management Inc. and Blackstone Inc. have finalized a $35 billion financing package for Anthropic PBC to expand its AI infrastructure, marking the latest mega-deal in the artificial intelligence race.Most Read from BloombergBecerra Advances for California Governor as Hilton Fights SteyerNasdaq 100 Sinks 5% in AI-Led Rout as Yields Climb: Markets WrapSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PSpaceX Inks $30 Billion Computing Power Deal With GoogleTrump Says

Meta stock fell more than 6% Friday following a report that it will sell new stock to raise cash for its AI buildout.

U.S. President Donald Trump on Friday told reporters that ‌his team is looking into the ‌idea of AI companies giving the American public a ​stake in their firms, adding that he planned to host a meeting with AI executives as soon as next week. "There's ‌something very interesting ⁠about it, where it almost becomes a partnership with the American ⁠public," he told reporters.

Meta is considering raising tens of billions of dollars in a stock offering as it ‌seeks new sources of capital to fund the company's AI ‌ambitions, the Financial Times reported on Friday. The report comes after Alphabet moved to ​raise $84.75 billion in upsized equity offerings, as Big Tech competes to build data centers and capitalize on growing demand for AI. Meta executives have been exploring "creative" ways to raise cash as it prepares ‌to sharply boost its ⁠AI-related expenses, the FT report said, citing three people familiar with the plans.

Meta is considering raising tens of billions of dollars in a stock offering as it seeks new sources of capital to fund Mark Zuckerberg’s vast...

Moby summary of Ciena Corporation's Q2 2026 earnings call

Mega IPOs from SpaceX, Anthropic, and OpenAI are already turning heads on Wall Street and Main Street, expected to fetch some of the steepest valuations in the history of U.S. markets. However, those banking on these IPOs being a guaranteed payday might want to revisit those assumptions. Despite ...

(Bloomberg) -- A surge in electricity demand from artificial intelligence and data centers is reshaping North America’s power markets, creating a “renaissance” for natural gas after decades of limited new development, according to KKR & Co. partner Brandon Freiman.Most Read from BloombergGlazer Family Members Study Manchester United Stake SaleRepublican-Led House Votes to Stop Iran War, Rebuking TrumpTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborBroadcom Slides by Most in More Than

For the past two years, Wall Street has asked Meta the same question. The company has committed hundreds of billions of dollars to AI infrastructure, data centers, and custom chips. The returns have been real but indirect: better ad targeting, stronger engagement, and higher revenue from a business ...

The rocket and AI company plans to sell 555 million shares at a fixed price, bypassing the traditional price-range method used in most U.S. offerings

Broadcom shares sank about 12% in premarket trading on Thursday, a day after the company missed quarterly revenue ‌views and disappointed investors' lofty expectations of stronger momentum from the ‌AI boom. The chipmaker could lose more than $285 billion in market cap at the current price of $418.83, if ​losses hold. Broadcom vies with Nvidia, whose graphics processors remain the gold standard for AI workloads, underscoring intensifying competition at the top of the AI chip market.

The shifting timeline is a setback for Meta’s ability to monetize its massive investments in building frontier AI models.

SYDNEY, June 4 (Reuters) - Meta accused Australia of violating a free trade agreement with the U.S. by proposing a new tax on certain tech giants which do not strike licensing deals with local media,

<body><p>STORY: Wall Street's main indexes tumbled on Wednesday, with the Dow losing about 1.2%, the S&P 500 shedding about three-quarters of a percent and the Nasdaq falling roughly nine-tenths of a percent.</p><p>Flaring tensions in the Middle East and rising crude prices stoked inflation jitters and convinced investors to take some profits.</p><p>Energy stocks, buoyed by oil prices, enjoyed the largest percentage gains, with Exxon Mobil&nbsp;and Chevron both closing higher.&nbsp;</p><p>Meanwhile, six of the Magnificent Seven group of megacap tech stocks ended lower, with Meta the only exception.</p><p>Liz Miller is founder and president of Summit Place Financial Advisors.</p><p>"I more and more just keep seeing this market as a ping pong. One day we've got the momentum leading tech stocks up and then that drives all the indices up. And the next day we've got sort of the second tier undervalued companies up and the index is down. [FLASH] Today's again, one of those days where we're seeing energy with the most strength.&nbsp;We're seeing some of the consumer come through, some of the industrial, but techs are marginally down.&nbsp;And that's what I mean when I think about this market as a ping pong market, because these are high quality companies, they're large cap, they would be top tier fundamentally, but they haven't really participated as much in the index strength."</p><p>Among individual movers, shares of GameStop jumped 6% after the original meme stock posted a rise in quarterly revenue and unveiled a $2 billion share buyback program.</p><p>Shares of Crowdstrike, down nearly 3% at the close, dropped about another 10% in extended trading after the cyber security company reported a 15% jump in its first-quarter operating expenses as it ramps up investments in AI and product development.</p><p>And shares of Broadcom fell more than 6% in extended trading despite the company forecasting third-quarter revenue above Wall Street expectations, betting on robust demand for its custom AI chips and networking gear.</p></body>

By David Shepardson WASHINGTON, June 3 (Reuters) - The Federal Communications Commission said on Wednesday it plans to toughen oversight of submarine communications cables that handle ‌99% of

Broadcom shares sank in pre-market following the chipmaker's quarterly results.

Broadcom shares sank in pre-market following the chipmaker's quarterly results.

The new agent is part of the company’s effort to broaden beyond its core consumer business as it spends aggressively on artificial intelligence.

By Katie Paul LONDON, June 3 (Reuters) - Meta Platforms on Wednesday unveiled an artificial intelligence agent aimed at helping businesses carry out day-to-day operations, positioning the social media

Meta Platforms on Wednesday unveiled an artificial intelligence agent aimed at helping businesses carry out day-to-day operations, positioning the social media giant as a player ‌in the enterprise AI market. Announced at the company's WhatsApp-focused Conversations conference in London, the new product ‌expands on existing business messaging services by enabling "agentic" capabilities in which the assistant can take actions like booking calendar appointments and closing ​sales on behalf of businesses. The company said more than 1 million businesses were already using earlier chatbot versions of such agents on WhatsApp and Messenger.

By Karen Brettell June 3 (Reuters) - The artificial-intelligence boom already has fueled a record stock-market surge. Now it's driving up long-term Treasury yields too.