Intel’s stock remains strong today despite a report from The Information indicating that Taiwan Semiconductor Manufacturing Co. (TSMC) is developing an "EMIB-like" advanced packaging technology, potentially challenging a key advantage for Intel’s Foundry business. However, the prospect of TSMC neutralizing this advantage hasn’t dented Intel’s share price, as the broader tech market is buoyed by massive AI spending commitments from companies like Microsoft and Meta. Here is why Intel’s stock is h
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Meta Platforms stock cratered Thursday after a quarterly report that beat on revenue but raised serious questions about where billions in AI spending actually leads, and Wall Street's response was swift and brutal.

Meta Platforms stock (META) continues to drop since coming out with second quarter earnings on Wednesday. Yahoo Finance Tech Editor Dan Howley breaks down how investors are reacting to the Facebook parent company's vague guidance on full-year AI capex.

Meta stock takes another plunge.
Wall Street cheered one tech giant's AI spending this week and punished another's, even though both reported strong revenue growth and both are betting their futures on artificial intelligence. The reason behind that split verdict reveals something important about where the AI investment cycle is heading.
Stocks kicked off Thursday’s trading session higher, reemerging from the carnage of Wednesday’s selloff. The S&P 500 was up 0.9%, while the Nasdaq Composite rose 1.6%. Rosenberg Research’s Dave Rosenberg described the moves as “a weak stock-market bound on shaky ground,” nodding to the major averages’ “precarious technical positions,” yesterday’s rise in bond yields, and oil price spikes.
U. S. stock index futures pointed to a stronger opening on Thursday, with investors looking for a rebound after the heavy losses recorded in the previous session.
Free cash flow dropped to $784 million.
Wall Street's AI infrastructure trade just crossed a threshold that stunned even the analysts tracking it, but buried inside the bull case is a structural trap that could quietly wipe out entire categories of SaaS businesses overnight.
Meta CEO Breaks Ranks, Says Banning Chinese AI Is the Wrong Move

The social media giant reported its second quarter results after the bell on Wednesday, missing on earnings per share but beating on revenue.

The social media giant reported its second quarter results after the bell on Wednesday, missing on earnings per share but beating on revenue.
Repurchases went to zero from $10.17 billion a year ago, with $24.91 billion of debt issued instead
Zuckerberg has staked Meta's future on AI dominance and made clear that rising costs won't slow him down. But as debt surges and profits shrink, investors are starting to ask whether unlimited ambition is a strategy or just an expensive gamble.
Uncharacteristically, the company missed the consensus analyst estimate for profitability.
July 30 (Reuters) - U.S. stock index futures steadied on Thursday after a sharp selloff driven by uncertainty around the Federal Reserve's policy outlook, while Microsoft's forecast-beating results
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Meta Platforms (NASDAQ:META) shares fell more than 8% in premarket trading on Thursday after the company issued third-quarter revenue guidance that disappointed investors, despite reporting revenue ahead of expectations for the second quarter. The social media giant also posted earnings that missed Wall Street forecasts as rising legal, restructuring and infrastructure costs weighed on profitability.
Meta can simultaneously fuel its own AI ambitions and rent out its scarce computing capacity to bolster returns, CEO Mark Zuckerberg signaled on Wednesday. The Instagram owner is splurging billions to build compute - chips, servers, energy and data centers that power AI - leaving it with free cash flow of just $784 million in the second quarter to run and grow its business. Pressed by analysts for details on Meta's plans, Zuckerberg framed compute as a scarce strategic asset that the company should keep and build around, rather than simply sell for short-term profit.
↘️ Adidas (XE:ADS): Shares of the German sportswear company tumbled 17% after it reported lower-than-expected earnings and higher marketing costs tied to the FIFA World Cup. ↗️ Microsoft (MSFT): Shares jumped more than 8% premarket after the company reported a 31% jump in profit late yesterday.
U. S. stock futures edged higher on Thursday as investors weighed the Federal Reserve’s latest interest rate decision alongside a fresh wave of earnings from major technology companies.
Microsoft topped earnings estimates while the Fed held rates steady, as mixed results from Meta and Qualcomm and upbeat reports from Starbucks and Chipotle shaped trading.
Traders intensely debated whether the post-earnings sell-off represents a catastrophic break of support or a bargain buying opportunity.