Surging prices due to memory chip shortages have led to billions more in capital expenditures from Magnificent 7 companies—and many investors don’t like it.
Meta called out two challenges facing its business in its earnings report, which pressured the stock in extended trading.
Meta Shares Dip On Massive AI Spending; Q1 Daily Active Users Soften On Internet Disruptions In Iran
Meta shares dipped on its 2026 AI spending forecast and the company said users were softer in Q1 from Q4 on Internet disruptions in Iran.
Amazon's Q1 beat Wall Street forecasts as CEO Andy Jassy called out Project Hail Mary's nearly $615 million at the box office ...
Hundreds of thousands of jobs are being cut as the ruling class seizes on the artificial intelligence boom to eliminate vast ...
Meta Platforms posted a strong Q1 2026 earnings beat with revenue up 33% to $56.31 billion and EPS far exceeding estimates.
Iowa senators passed a bill Wednesday that would require age verification before minors can access pornographic content ...
Q1 2026 Management View “We had a strong quarter for our community, our business and our progress towards AI. More than 3.5 billion people use at least one of our apps every day.” (Founder, Chairman & ...
Market watchers looking for clarity about the direction of Big Tech and the AI investment boom didn’t get much Wednesday afternoon amid a barrage of key earning reports ...
Sanmina remains a Buy, trading at 19x FY2026 P/E, a discount to AI and EMS peers despite a recent 63% rally. SANM's Q2 FY2026 ...
The owner of Facebook and Instagram saw its revenues and profits soar more than 30 percent, but AI costs remain high and ...
In early European trading, Britain’s FTSE 100 slipped 0.6% to 10,269.06. Germany’s DAX traded 0.3% lower at 23,958.39, while France’s CAC 40 dropped 0.6% to 8,054.38.
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