Zuckerberg’s $14.3 billion stake in Scale AI as well as his willingness to throw cash at new hires underscores Meta’s interest in dominating the AI race. Those ambitions have coincided with actual ...

Meta Platforms shares surged after the social-media company blew out second-quarter earnings expectations Wednesday afternoon ...

And these small caps are in need of financing, as opposed to the S&P 500 tech giants that can largely fund their own investment out of their own cash flow. S&P 500 net debt to EBITDA is 1.47, compared ...

By Nell Mackenzie and Gregor Stuart Hunter LONDON/SINGAPORE (Reuters) -World stocks were mixed Thursday, with markets mulling ...

It comes after strong results from Microsoft and Meta after the closing bell in New York last night, which renewed AI ...

"As companies like Alphabet and Meta race to deliver on the promise of AI, capital expenditures are shockingly high and will ...

Meta is now firmly focused on artificial intelligence, but its core business is still booming.

Along with its strong quarter where it beat expectations, Meta spend $9.756 billion buying back its own stock.

Shares of Qualcomm Inc. fell about 5% in after-hours trading on Wednesday after the company missed revenue expectations for some of its business segments, even as overall revenue performance cleared ...

On a conference call with analysts, Meta Chief Executive Mark Zuckerberg (pictured) said the real reason for the company’s ...

Meta’s heavy AI spending is boosting ad revenue — and the company is only getting more profitable in the process.

In the midst of an artificial intelligence spending spree, Meta posted stronger-than-expected results for the second quarter, ...