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Meta Platforms shares surged after the social-media company blew out second-quarter earnings expectations Wednesday afternoon ...
It comes after strong results from Microsoft and Meta after the closing bell in New York last night, which renewed AI ...
By Nell Mackenzie and Gregor Stuart Hunter LONDON/SINGAPORE (Reuters) -World stocks were mixed Thursday, with markets mulling ...
The upbeat commentary also bodes well for Amazon.com, the largest US cloud provider, which will report earnings today after ...
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 ...
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 CEO Mark Zuckerberg predicts a future where AI-powered smart glasses are essential, warning of a 'significant cognitive ...