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3M beat second-quarter estimates and raised full-year adjusted EPS guidance following its AI infrastructure partnership with Microsoft.
Micron Technology, SK Hynix, and Samsung hit $1 trillion or more in market cap this year due to surging demand for memory chips.
A Florida teen suing social-media platforms over claims their design led to mental health issues dropped his lawsuit against Meta Platforms ahead of a trial slated to begin next week in Los Angeles.
Reddit is growing faster, but the question is how long it will be before its revenue growth decelerates.
Alphabet shareholders await results from the first of the Magnificent Seven stocks.
A Florida teen dropped his lawsuit on Wednesday against Meta Platforms, canceling a Los Angeles trial over claims the social media company's apps caused his depression and anxiety. The trial, which had been slated to begin on Monday, was expected to be the second trial in thousands of lawsuits that have been consolidated in California state court over claims social media companies designed their platforms to be addictive to children, spurring a youth mental health crisis. The lawsuit, brought by a 15-year-old boy known as R.K.C. who started using social media when he was 8, originally named four defendants: Google's YouTube, Meta's Instagram, Snap Inc's Snapchat and ByteDance's TikTok, but YouTube and TikTok settled in June.
Joby Aviation gains as Virgin Atlantic backs UK air taxi rollout
Keren will succeed Meta’s Guy Rosen, who will reportedly remain CISO through a transition period before leaving later this year.
Morgan Stanley‘s (NYSE: MS) economics team just took its projection for artificial intelligence capital spending significantly higher, and the leakage math behind the headline number has become the more important story for US investors. On a recent episode of the firm’s Thoughts on the Market podcast titled “AI Spending: A New Engine for the Global ... Morgan Stanley: AI Spending Could Hit $1.4 Trillion by 2028, But 60% Leaves the US
AMD (AMD) and Anthropic (ANTH.PVT) are reportedly signing a major AI chip deal. Yahoo Finance Technology Editor Dan Howley explains the details.
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB)’s AI-enabled glasses could represent a new growth opportunity for the company as the wearables move toward broader consumer adoption, according to Jefferies analysts who tested multiple models and highlighted the product’s potential as a...
Meta Platforms' (META) upcoming results are likely to benefit from continued strength in its adverti
Apple's stock isn't just priced for perfection. It's priced for domination.
Will an announcement on Meta's earnings call lead to a surge in the stock price?
Reddit is threatening to pull the plug on Google's access to its massive trove of human conversation data, and the market reaction has been swift and brutal. Whether this standoff becomes a goldmine or a catastrophe for Reddit depends on a negotiation that could reshape how AI companies pay for the content fueling their models.
Here is a way to collect a steady income stream from one of the market's biggest names now, which you keep no matter what, while lining up a chance to buy its shares at a serious discount if they ever get cheap enough.
Six weeks ago, investors were openly questioning whether Meta Platforms' enormous spending on artificial intelligence would deliver a clear return to shareholders. Meta shares climbed 21% through mid-July, adding roughly $270 billion in market capitalization, Motley Fool reported. That rally pushed ...
Meta is taking on more debt that isn't reflected yet in the company's quarterly balance sheets.
Artificial intelligence has become an arms race where spending is beginning to matter as much as innovation. The companies building the largest AI models now compete not only for engineering talent, but also for electricity, data centers, advanced chips, and financing. Every new generation of AI demands more computing power than the last, pushing infrastructure ... OpenAI Wants to Spend $750 Billion on AI. Is This Visionary — or Financially Reckless?
Meta Platforms (META) faces sharply higher artificial intelligence infrastructure spending and slowi
The five biggest names in tech are reporting earnings this week, and their balance sheets will look reassuringly clean. But SEC filings tell a very different story buried deep in the footnotes.
A single analyst upgrade sent CoreWeave surging while cloud infrastructure peers like Cloudflare, Snowflake, and Oracle slid or stalled, raising a pointed question about whether this rally has legs or is running on borrowed momentum.
Meta Platforms (META) is expected to deliver strong Q2 results, driven by product improvements and a
Meta, Snap, and Reddit all sell attention for a living, yet their financials tell three completely different stories about who survives the next wave of social media disruption and who gets left behind.
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