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Meta Scales Up Louisiana AI Data Center
The Wall Street Journal75d agoneutral
Meta Scales Up Louisiana AI Data Center

> $50 billion How much Meta Platforms expects its massive data center in Northeast Louisiana to cost—nearly double the original $27 billion estimate—after supersizing the project to 5 gigawatts of compute capacity.

Bloomberg75d agoneutral
Apple’s $600 Billion Rally Fueled by Traders Fleeing AI Selloff

(Bloomberg) -- Investors are flocking back to Apple Inc. as nervousness about artificial intelligence spending weighs on the stocks of chipmakers and cloud-computing giants. Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Hormuz Route Open Despite Iran Declaration, Maritime Group SaysOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleTrump Embraces Australian Retirement System Backed by Larry FinkUS Renews Iran Strikes as Both Sides Dispute Hormuz

Meta expands Louisiana data center to 5 gigawatts, investment crosses $50 billion
Reuters75d agoneutral
Meta expands Louisiana data center to 5 gigawatts, investment crosses $50 billion

Meta said on Monday its data center in Richland Parish, Louisiana, will expand to 5 gigawatts ‌of compute capacity, with investment in the project increasing to ‌more than $50 billion. The planned data center, known as Hyperion, was earlier projected to deliver ​more than 2 gigawatts of compute capacity to support training of large language models, the technology behind tools such as ChatGPT. • U.S. environmental law group Earthjustice's request to investigate the financing of Meta's Louisiana data center project was ⁠denied earlier this year.

Bloomberg75d agoneutral
Meta’s Louisiana Data Center to Surpass $250 Billion Price Tag

(Bloomberg) -- Meta Platforms Inc. has committed to spending an additional $40 billion on its sprawling data center campus in Louisiana, pushing its total expected investment beyond $250 billion for the site as it continues to grow its artificial intelligence computing footprint. Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Hormuz Route Open Despite Iran Declaration, Maritime Group SaysOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleTrump Em

Meta’s Potential AI Cloud Push Could Boost Earnings, Wolfe Research Says
Insider Monkey75d agoneutral
Meta’s Potential AI Cloud Push Could Boost Earnings, Wolfe Research Says

Meta Platforms Inc (NASDAQ:META) is one of billionaire David Abrams’ top stock picks with upside potential. Analysts project more than 40% upside for Meta stock from the current level. This social media stock is popular with elite investors, as some 262 hedge funds own Meta shares. On July 2, Wolfe Research reaffirmed its Outperform rating […]

Bloomberg76d agoneutral
EU to Present Plan to Restrict Children’s Access to Social Media

(Bloomberg) -- The European Union will propose a law to restrict children’s access to social media, according to the bloc’s top official, as part of a growing global consensus about the harm it causes. Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Hormuz Route Open Despite Iran Declaration, Maritime Group SaysOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleTrump Embraces Australian Retirement System Backed by Larry FinkUS Renews Iran Strikes

US Stock Market Today: S&P 500 Futures Rise As Inflation Cools And Earnings Loom
Simply Wall St.76d agoneutral
US Stock Market Today: S&P 500 Futures Rise As Inflation Cools And Earnings Loom

The Morning Bull - US Market Morning Update Monday, Jul, 13 2026 US stock futures are pointing higher this morning, with E-mini S&P 500 contracts up about 0.4%, as investors digest a mix of cooling inflation and uneven growth signals abroad. Softer price data in countries like France, where inflation sits at 1.8%, suggests global cost of living pressures are easing, which can take some pressure off central banks to keep lifting interest rates. At the same time, weaker industrial output in...

Jim Cramer Says Comparing the Mag 7 Is a Mistake: Here Are 5 Reasons Each Stock Is Different
24/7 Wall St.76d agoneutral
Jim Cramer Says Comparing the Mag 7 Is a Mistake: Here Are 5 Reasons Each Stock Is Different

On an early July episode of Mad Money, Jim Cramer walked through the Magnificent Seven one stock at a time and pushed back on treating them as a single basket. Cramer’s charitable trust owns six of the seven, save Tesla, and the point was that each name has its own thesis, growth curve, and risks. ... Jim Cramer Says Comparing the Mag 7 Is a Mistake: Here Are 5 Reasons Each Stock Is Different

Meta (META) Faces $2 Billion AI Deal Reversal And EU App Design Probe
Simply Wall St.76d agobearish
Meta (META) Faces $2 Billion AI Deal Reversal And EU App Design Probe

Chinese regulators have required Meta Platforms to unwind its planned $2b acquisition of AI start up Manus, clearing the way for Tencent to become the largest shareholder. The reversal marks a setback for Meta's AI plans in China and raises questions about its ability to secure and retain key AI assets in important markets. Separately, the European Commission has issued preliminary findings that Facebook and Instagram use potentially "addictive" design features such as infinite scroll and...

Instagram will charge for AI access
Social Media Today76d agoneutral
Instagram will charge for AI access

In a weekly Q&A, Chief Adam Mosseri said artificial intelligence models “are very expensive to run,” forcing the company to “either throttle people or ask them to pay.”

Is Meta Platforms a good long-term investment?
TheStreet76d agoneutral
Is Meta Platforms a good long-term investment?

If you can find a fortune teller bold enough to share their secrets, they’ll probably tell you that predicting the future has less to do with what's inside their crystal ball than with what you see around you. The same is true for investing. While crystal balls belong at state fairs, successful ...

Meta Platforms Inc. (META) Is A Top AI Stock In D. E. Shaw’s Holdings
Insider Monkey76d agoneutral
Meta Platforms Inc. (META) Is A Top AI Stock In D. E. Shaw’s Holdings

Meta Platforms Inc. (NASDAQ:META) is one of the 10 Best Stocks to Buy in 2026 According to Billionaire D.E. Shaw. Social media giant Meta Platforms Inc. (NASDAQ:META) has been in the news lately due to its reported decision to sell excess computing capacity. The reports come as discussions and debates about its spending, despite not […]