Despite reporting earnings that surpassed estimates, the tech giants face scrutiny over AI investment, leading to a drop in ...
Meta and Microsoft stocks tumbled Thursday as investors weighed their hefty AI expenditures against the time it will take to ...
US stocks fell sharply on Thursday, with the tech-heavy Nasdaq sliding almost 3% as Meta and Microsoft faced steep losses ...
First, the positives: Both Alphabet and Microsoft showed an acceleration in their cloud-related revenue, as you can see below. While Meta's AI-powered advertising-heavy revenue growth decelerated ...
Sharply rising capital investments show no sign of slowing as the latest reports fail to excite investors.
World stock indexes dropped on Thursday, with the Nasdaq ending more than 2% lower after Meta Platforms and Microsoft warned ...
The Dow Jones Industrial Average fell more than 250 points Thursday mid-morning, alongside sharp Nasdaq and S&P 500 declines, ...
Wall Street's major averages slumped on Thursday, as results from tech giants, Microsoft and Meta failed to impress investors ...
Meta, Microsoft boost capital spending on AI Amazon's AI spending seen likely to spike, too Big Tech's AI investments may crunch short-term gains AI chip supply constraints hamper infrastructure ...
Drops for Big Tech companies including Microsoft and Facebook's parent company Meta Platforms led Wall Street lower ...
Meta's plans for an AI data center running on nuclear power were complicated partly by the discovery of a rare bee species ...