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META AI INVESTMENTS
Mark Zuckerberg threatens to leave California over 5% billionaire tax, Meta creates new Class C shares to help him stayMark Zuckerberg has threatened to leave California if the state introduces a proposed 5% billionaire wealth tax. In response, Meta has appr...
US stocks today: US stocks slide as AI spending jitters hit Nasdaq, oil prices reboundUS stocks opened lower on Thursday as renewed concerns over the outlook for artificial intelligence weighed on growth stocks. Tesla and Met...
Meta stock price: Why are Meta shares down today? Facebook, Instagram parent may witness USD 50 billion wipe out from company's market value despite strong quarterly revenueMeta share price: Facebook, Instagram parent is spending heavily to support its AI plans, with an expected annual capital expenditure forec...
Meta falls as investors balance Muse growth with rising AI costsShares of Meta Platforms fell about 3% in premarket trading on Thursday, as investors weighed the benefits of the company's fast-growing AI...
Meta falls as investors balance Muse growth with rising AI costsShares of Meta Platforms declined in premarket trading as investors evaluated costs against growth in the AI sector and faced legal hurdles...
Meta beats expectations but legal penalties hit profit amid AI raceMeta beat investor expectations for third-quarter revenue on Wednesday as it doubles down on a global AI race but the social media giant's ...
Global Market Today: Asian stocks mixed as oil rally, AI concerns weigh on sentimentContracts for the Nasdaq 100 Index slipped 0.6% and those for the S&P 500 dropped 0.4% in early Asian trading following a split set of resu...
Meta stock: Facebook, Instagram parent stock price rises after tech giant announces new types of shares. All you may want to knowMeta posted diluted earnings per share of $3.83 in the quarter, a figure that would have been $7.40, had it not been for a $9.89 billion ch...
Meta raises AI spending forecast to $145 billion, plans new share issue; Q3 revenue beats estimatesMeta raised its 2026 capital expenditure forecast to $135 billion-$145 billion to accelerate AI expansion and announced plans for non-votin...
Super Micro climbs after upbeat forecast shows robust AI demandSuper Micro Computer's stock has surged significantly following their announcement of impressive revenue forecasts that have surpassed anal...
Global Market Today: Asian shares, US futures rise on AI-trade revivalThe MSCI Asia Pacific Index climbed 0.6% with shares gaining in South Korea and Japan. The Kospi Index rose 1.9%, rebounding after one of t...
Meta’s AI spending and Muse adoption set to test Zuckerberg’s strategyMeta's upcoming third-quarter results will reflect its significant investments in artificial intelligence technologies and products. The co...
Meta's AI spending, Muse assistant adoption in focus for quarterly resultsMeta is gearing up to unveil its third-quarter earnings, driven mainly by notable investments in AI and the innovative Muse assistant. Rece...
The Social Reckoning: Looking back at Facebook’s 2021 controversy and where Meta stands todayAaron Sorkin’s latest film focuses on Facebook's past controversies and the implications of its business model. The story centres around wh...
US Market: Wall Street’s AI rally faces test as Meta earnings loomWall Street’s AI-driven rally faces a crucial test as Meta, semiconductor makers and major companies report quarterly earnings. Investors w...
From shareholders to partners: How Google and Meta’s Jio investments evolved into an AI allianceMeta and Google, originally minority shareholders in Jio Platforms, are now forming strategic partnerships with Reliance. The new collabora...
Wall Street Week Ahead: As AI rally wobbles, stock market's spotlight turns to earningsInvestor confidence in the market is wavering due to recent declines in AI-linked stocks and semiconductor firms. Upcoming quarterly result...
Mark Zuckerberg and wife Priscilla Chan pay $57 million for 16,000-square-foot Gothic-style Strancally Castle in Ireland’s County WaterfordMark Zuckerberg and Priscilla Chan recently acquired Strancally Castle in County Waterford for over €51 million. This purchase is the highe...
Meta says its new AI models on par with OpenAI, AnthropicMeta on Monday unveiled two new "frontier" artificial intelligence models called Wonder and Wonder Full, which the company claims perform a...
Meta releases Muse Wonder AI models to challenge Anthropic and OpenAIThe launch comes after CEO Mark Zuckerberg pledged billions of dollars and aggressively poached researchers over the past year to catch up ...