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Wall Street's AI heavyweights added a combined half a trillion dollars in stock market value late on Wednesday after ...
The One Big Beautiful Bill Act, signed into law in early July, allows companies to deduct certain investments in the year ...
Qualcomm projected current-quarter sales above Wall Street expectations on Wednesday, wagering that growing AI capabilities ...
Meta, the company led by Mark Zuckerberg, has left the metaverse behind and will now focus its strategy on personal superintelligence ...
Meta Platforms posted 22% revenue growth in the second quarter, showing its core ad business remains strong at a time when the company is investing billions of dollars into artificial intelligence.For ...
Meta has reported robust second-quarter financial results, with revenue jumping 22% year-over-year to US$47.5 billion ($58.3b ...
Earnings season for a handful of megacap tech firms has morphed into capex season with the AI arms race showing no signs of ...
If Meta investors had concerns about the company’s huge spending on artificial intelligence infrastructure and talent, ...
Metrics are up across the board, and the CEO is focused on making the company's AI superintelligence push a reality.
Microsoft forecast on Wednesday a record $30 billion in capital spending for the current fiscal first quarter, after booming ...
In the midst of an artificial intelligence spending spree, Meta posted stronger-than-expected results for the second quarter, ...