Meta and Alphabet may be competing in another field soon.
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
Meta keeps beating expectations by wider margins than almost anyone predicted, and a single event on the September calendar shifts the investment case in a way most coverage ignores entirely.
A broad selloff hit AI-linked hardware and chip stocks on Wednesday as investors locked in gains from a months-long rally and questioned how long red-hot demand for AI infrastructure can support current valuations. Dell Technologies Inc (NASDAQ:DELL) fell as much as 12%, touching a session...
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) is facing a lawsuit from 26 employees who allege the company used artificial intelligence tools and automated workplace metrics to select workers for mass layoffs, with the plaintiffs claiming the process disproportionately affected employees...
UFC CEO Dana White sits inside Meta's boardroom and calls Mark Zuckerberg the biggest killer he has ever met. What he witnessed there explains why Meta is now placing a bet that dwarfs anything Silicon Valley has attempted before.
Step onto Meta Platforms’ Menlo Park campus, and you might feel as though you’ve entered a virtual reality (VR) game. The expansive, 250-acre campus looks more like a utopian town than a corporate hub: one that’s filled with uniquely designed spaces, Instagrammable green spaces, and dozens of ...
Three years ago AMD had almost no presence in AI data centers. Today hyperscalers treat it as a strategic partner rather than a fallback option, and the reason why has less to do with chip performance than most investors realize.
Billion-Dollar AI Deal Can't Save Nebius Stock as Meta Threat Looms
Meta contracted Turner, Mortenson and DPR to build the Richland Parish facility, which will support 7,500 construction jobs at peak construction.
New York Gov. Kathy Hochul, on Tuesday, reportedly ordered the nation’s first statewide pause on new hyperscale data centers, temporarily halting environmental permits for up to a year. The freeze is intended to give the state time to develop rules...
Meta Platforms (META) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
AI is used to screen resumes, rank job applicants and handle initial interviews. It's also increasingly used to figure out who to target in layoffs.
Buying and holding these tech stocks for the long term could pay off.
Morgan Stanley just revised what it costs to build a frontier AI cluster, and the new numbers are reshaping which companies can actually compete in the AI arms race. The financial gap between winners and everyone else is widening faster than Wall Street anticipated.
As spending on the artificial intelligence (AI) infrastructure build-out accelerates, a separate stock market catalyst is being starved of capital.
Quality compounders are well-oiled machines. Their competitive advantages allow them to make profits consistently and reinvest them into projects that generate even more profits, creating a virtuous cycle of returns.
(Bloomberg) -- In the span of just two weeks, Meta Platforms Inc. has gone from a market afterthought to one of its hottest stocks, as investors finally like what Facebook’s parent is saying about its artificial intelligence plans.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsTrump Drops 20% Fee for Hormuz Cargo After Gulf PressureUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeOpenAI’s First Device Will Be Movable, Screenless Speaker Buil
Meta Platforms, Inc. (NASDAQ:META) is one of the high-growth wide-moat stocks to buy. On July 9, Reuters reported that Meta plans to begin manufacturing its in-house AI chip, code-named Iris, in September. The company is working with Broadcom on design and Taiwan Semiconductor Manufacturing Company on production. Reuters also reported that Meta plans to deploy […]
Twenty-six Meta employees have filed a lawsuit accusing the tech giant of using artificial intelligence to select workers for mass layoffs, a claim strongly denied by the trillion dollar company.According to the lawsuit, filed in Oakland, California on Monday Meta used AI systems to "score, rank, and select employees" to be laid off rather than "the considered judgement of managers who knew the work" while disproportionately targeting those on medical or family leave.
Meta is boosting its Louisiana data center investment from $10B to $50B, aiming to create the largest AI campus in its pipeline.
Meta Platforms Inc. has significantly ramped up its investment in the Hyperion data center project in Louisiana. The project’s cost now surpasses a whopping $50 billion. The company’s Monday blog post revealed that the Richland Parish-based data center, set to...
Meta Platforms Inc (NASDAQ:META) has been sued by some employees who claim the company’s AI-assisted systems disproportionately affected workers with disabilities and those who took protected medical or family leave during its latest layoffs, allegations the company has denied. The lawsuit was filed by 26 employees late Monday in the U.S. District Court for the Northern District of California, Oakland division, with the plaintiffs seeking to halt the layoffs while their claims proceed. Lawsuit C
A lawsuit alleged the company relied on AI that disproportionately targeted workers with disabilities or who were on medical or parental leave.
Amazon.com, Inc. (NASDAQ:AMZN) is among the Ray Dalio Stock Portfolio. On July 7, Reuters reported that Amazon.com, Inc. (NASDAQ:AMZN) said it plans to raise $25 billion through a US dollar bond sale. It will extend Big Tech’s focus toward debt financing as companies are increasing AI infrastructure spending. Reuters said the firms, Alphabet, Microsoft, and Meta, are expected to spend […]