Shares of Alphabet were up sharply in early trading on Thursday after the parent of Google reported third-quarter results ...
NEW YORK (AP) — The U.S. stock market is pulling back from its record heights on Thursday, as Wall Street sifts through mixed ...
Meta's spending is hard to rationalize, some analysts say, as it's uncertain whether heavy investments in AI will generate compelling returns Meta's stock was down more than 11% as of 10 a.m. Thursday ...
Earnings fell significantly below Wall Street’s expectations, though Meta said it would have exceeded projections before the ...
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AI Spending Spree Rattles Wall Street
The biggest names in tech are spending at a record pace to power their AI ambitions over $78 billion last quarter alone on data centers and chips. That's testing investor patience as Meta, Microsoft ...
Stock futures pointed lower Thursday after President Donald Trump and Chinese leader Xi Jinping met and investors digested a warning from Federal Reserve Chair Jerome Powell and several big tech ...
Live Updates Live Coverage Has Ended Get The Best Google Live Earnings Coverage Like This Every Quarter Get earnings ...
Wall Street is watching for signs of how AI is affecting Alphabet's core businesses in its third quarter earnings report on ...
The tech giant says AI spending is set to reach up to $93 billion this year, which it can finance with profit from its ...
A $15.9 billion tax charge dragged down Meta's earnings last quarter. Mark Zuckerberg announced plans to spend even more on ...
Alphabet's third-quarter results topped Wall Street estimates, as the tech giant surpassed $100 billion in revenue for the first time.
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