The wipeout would amount to slightly more than SpaceX's entire market value. The index has fallen over 5.8% so far in October as the AI tra...

Shares of Amazon.com were down 6.3% in premarket trading after the company reported a sharp cash outflow in the third quarter and signaled ...

Amazon experienced a notable decline of over seven percent in its shares following the release of its quarterly earnings, which failed to m...

The company reported negative free cash flow of $9.07 billion, compared with analysts' estimate of a cash burn of $36 million, according to...

The heavyweights of the AI industry are facing a reckoning on Wall Street, reflecting concerns over who will bear the cost of the artificia...

Meta plans to raise up to $98 billion to fund AI infrastructure, making it one of the largest equity financing plans ever. Stocks worth onl...

Investors are pressing for evidence that the AI boom can deliver swift returns to justify its enormous price tag. Rising bond yields at AI ...

Gauges in Japan and South Korea advanced, helping the broader MSCI Inc.’s Asia Pacific equities gauge rise 0.6%. Equity-index futures for U...

The Facebook parent has launched public offerings worth about $35 billion in common and preferred stock, and said it also plans to launch a...

Meta Platforms has kicked off public offerings nearly reaching $35 billion as part of its ambitious AI expansion strategy. The tech giant a...

Meta Platforms plans to introduce publicly traded non-voting Class C shares to fund AI investments, acquisitions and employee compensation ...

Investors question how Meta will fund its AI push and whether Tesla’s smaller budget can deliver Musk’s ambitions.

Investors sold shares of Meta Platforms and a wealth of companies central to the AI trade, a day after Meta -- one of the so-called hypersc...

Meta beat investor expectations for third-quarter revenue on Wednesday as it doubles down on a global AI race but the social media giant's ...

Meta raised its 2026 capital expenditure forecast to $135 billion-$145 billion to accelerate AI expansion and announced plans for non-votin...

Meta's upcoming third-quarter results will reflect its significant investments in artificial intelligence technologies and products. The co...

Meta is gearing up to unveil its third-quarter earnings, driven mainly by notable investments in AI and the innovative Muse assistant. Rece...