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...
Akash Ambani takes centre stage as Jio IPO shines a spotlight on Reliance’s next generationIn a significant chapter for Jio Platforms, Akash Ambani is stepping into a leading role with the company preparing for an IPO. The event s...
Meta Q3 Earnings: AI spending, revenue beat & new stock classMeta Platforms beat third-quarter revenue estimates as advertising growth lifted sales 26% to $64.6 billion. However, rising capital expend...
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 ...
Meta strikes deal to keep Mark Zuckerberg in California after wealth tax concernsBy Carlos Me- Meta Platforms has struck a deal with Mark Zuckerberg to keep him living in California after the CEO warned he was considerin...
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...
US stocks today: Nasdaq leads Wall Street higher as SpaceX, Super Micro lift AI sentimentUS stocks ended higher on Wednesday as SpaceX and Super Micro Computer boosted sentiment around artificial intelligence stocks. The Nasdaq ...
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...
Meta ordered to pay New Mexico $25 billion after jury finds it deceived Facebook users about privacyJurors in September found Meta liable for over 43 million violations of New Mexico consumer protection laws when a political consulting fir...
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...
US stocks today: US stocks end higher as healthcare stocks lift Dow, tech a breatherWall Street ended higher on Tuesday, led by the Dow as investors shifted towards healthcare and other value stocks. The S&P 500 also gained...
US stocks today: US stocks gain as healthcare stocks hit record high, oil prices fallWall Street's main indexes saw increases driven by a rally in healthcare stocks that reached record highs. Easing oil prices contributed to...
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...
Global Market Today: Asian shares fall as AI spending worries weigh on sentimentA fall in oil prices offered some support to bonds and Wall Street stock futures, limiting Asia's losses. Oil fell following US President D...
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...
Guinness look of Zuckerberg recordedMark Zuckerberg recently appeared on a podcast where he attempted to drink a pint of Guinness. His efforts to seem cool were met with amuse...