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(Bloomberg) -- The co-founders of Manus are exploring options to fulfill Beijing’s demand to unwind a controversial takeover by Meta Platforms Inc., including raising about $1 billion from external investors to buy back the Chinese-founded AI operation. Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran Threatens to Retaliate Beyond Middle East If US AttacksNvidia Tells Skeptical Investors A

The former Meta says rigid career plans will backfire: "If I had one, I would have missed the internet," Sheryl Sandberg warned Gen Z.

On Wednesday, Sen. Bernie Sanders (I-Vt) raised concerns about artificial intelligence and job security after Meta Platforms, Inc. (NASDAQ:META) laid off roughly 8,000 employees while accelerating its multibillion-dollar AI expansion. Meta Layoffs Spark AI Job Loss Debate In a post on X, Sanders criticized the company's workforce cuts and questioned how AI could affect workers across the broader economy. "Today, Meta is firing thousands of workers to replace them with AI," Sanders wrote. "If Mar

(Bloomberg) -- The windfall earned by Asian chip makers is coursing through the world economy, mirroring on a global scale the circular flow of money within the AI ecosystem.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockSpaceX Shows $4.3 Billion Loss as Musk Targets Record IPOIran Threatens to Retaliate Beyond Middle East If US AttacksNvidia Tells Skeptical Investors AI Is Ready to Go Mainst

If you are wondering whether Meta Platforms stock still offers value after its huge run over the last few years, the next sections will walk through what the current price might be implying. The stock has pulled back recently, with the share price down 1.9% over the last week, 9.8% over the last month, and 7.0% year to date, although it is still up 144.7% over three years and 86.1% over five years. Recent headlines have focused on Meta Platforms' ongoing investment in AI infrastructure and...

U.S. energy storage developers installed 9.7 gigawatt-hours of new capacity in the first quarter of 2026, marking a record ‌high for the quarter, an industry report showed on Thursday. Energy storage ‌capacity grew 32% in the quarter from a year ago despite federal actions the industry ​says are slowing clean energy development, the report by the Solar Energy Industries Association (SEIA) and Benchmark Mineral Intelligence said. The SEIA said the demand is being driven by data centers, volatile electricity prices and disruptions to global gas and gas ‌turbine supplies.

Tech giant Meta has laid off 10% of its workforce - as chief executive Mark Zuckerberg warns that "success isn't a given". Mr Zuckerberg announced the cuts in a company-wide memo on Wednesday, and also revealed that 7,000 employees would be transferred into AI roles as part of a larger restructure. "Success isn't a given," Mr Zuckerberg said.

Meta Platforms, Inc. is reportedly reshaping its workforce around artificial intelligence by moving thousands of employees into new AI-focused divisions while simultaneously cutting roughly 8,000 jobs as CEO Mark Zuckerberg accelerates the company's massive AI ambitions. Meta's AI Restructuring Signals...

Wall Street has spent the last six months questioning Mark Zuckerberg’s aggressive AI capital spending, with Meta Platforms (NASDAQ:META) raising its 2026 capex guidance to $125 to $145 billion after a Q1 in which revenue grew 33% year over year. While everyone debates whether Meta is overspending, a quieter filing from SpaceX just laid out ... The Real Winner of SpaceX’s IPO: Mark Zuckerberg

Meta began laying off roughly 8,000 employees Wednesday -- about 10 percent of its global workforce -- as co-founder and Chief Executive Mark Zuckerberg pushes to redirect resources toward an ambitious artificial intelligence agenda.In a memo to staff Wednesday, posted by Business Insider, Zuckerberg expressed thanks to departing employees and sought to reassure those remaining.

Investing.com -- Anthropic is projected to more than double its revenue from $4.8 billion in the first quarter to $10.9 billion in the second quarter, according to a report from the Wall Street Journal, citing figures shared during an ongoing funding round.

SpaceX, which is expected to target a valuation of more than $1.5 trillion at IPO, has a financial picture that is notably worse than any other mega-cap U.S. company. Meta, valued in the same range SpaceX is targeting, had sales 11 times that last year and profits of $60 billion. SpaceX, if ultimately valued at $1.5 trillion, would be valued at 80 times sales.

Arm stock pushes higher as Bernstein initiates coverage with an “outperform” rating. Here’s why analyst David Dai sees ARM shares ripping higher from here as the year unfolds.

The company is cutting 10% of its workforce and tracking employee keystrokes to train AI models. Morale is at an all-time low.

Nvidia's first-quarter data center sales soared by 92% from last year to $75 billion, a new record. Nvidia also changed how it breaks up data center sales in its reporting. It's now showing how much of it comes from outside of the so-called "hyperscalers" of Amazon.com, Microsoft, Alphabet, and Meta Platforms.

Intuit reported better-than-expected financial results for its crucial tax season Wednesday, while also announcing a round of layoffs. Intuit said it’s reducing its full-time workforce by 17%. According to Layoffs.fyi, a website that tracks tech layoffs, 111,173 tech employees have lost their jobs in 2026.

Glassdoor Senior Economist Daniel Zhao joins Brooke DiPalma on Market Domination to discuss employee confidence as companies continue trimming headcount and accelerating AI-driven workplace changes. Zhao explains why workers who embrace AI tools and adapt their skill sets may be better positioned for long-term job security.

Tech stocks were higher late Wednesday afternoon, with the State Street Technology Select Sector SPD

We just covered the Graham Stephan Stock Portfolio: Top 11 Stocks and Vanguard S&P 500 ETF (NYSE:VOO) ranks 7th on this list. Vanguard S&P 500 ETF (NYSE:VOO) is another index fund that Graham Stephan has recommended his followers buy on multiple occasions. The Vanguard S&P 500 ETF employs an indexing investment approach designed to track […]

The AI trade has had favorites. NVIDIA, Microsoft, Alphabet, and Meta have carried the narrative, while two enterprise tech giants have quietly compounded earnings and built backlogs that few retail investors are talking about. With the S&P 500 up 8% year to date, the setup for these laggards looks asymmetric heading into the back half ... These 2 AI Giants Have Been Dormant. That’s Exactly Why They Might Surprise Investors

Every bull market since 2016 has been a mega cap story. The S&P 500’s gains over the past decade have been driven by a handful of growth giants whose weight in the index keeps expanding. Three growth ETFs consistently top my research: Vanguard Mega Cap Growth ETF (NYSEARCA:MGK), Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG), and ... After Watching Mega Caps Drive Every Bull Market This Decade These 3 Growth ETFs Keep Rising to the Top of My Research

The U.S. dollar has been quietly making a sustained advance on global currency markets amid a surge in global energy prices and a stunning comeback rally in the stock market. The dollar’s gains, in fact, could extend over the coming weeks, and start to weigh on domestic stock performance over the back half of the year, with the Iran war effectively closing the Strait of Hormuz and sending oil prices higher. The U.S. dollar index, which tracks the greenback against a basket of six major global currency peers, was marked 0.06% higher on Wednesday and trading at 99.03, nearly at levels seen in early April.

Rivals say limited free access may not fix competition concerns.

Investors are watching whether Nvidia can extend confidence in AI spending through 2027 and 2028.

Meta restructures engineering and product teams while expanding AI initiatives and accelerating infrastructure investment.

Scott Melker discusses Trump’s executive order integrating crypto into US payment systems, Elizabeth Warren’s letter to the OCC on crypto banking, Minnesota’s ban on prediction markets and crypto ATMs, and other big crypto headlines. “The Daily Wolf with Scott Melker” airs on Yahoo Finance every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

Nykaa wants Meta added to Zee's lawsuit over music used in Instagram reels.

Meta CEO Mark Zuckerberg told employees in an internal ‌memo on Wednesday that he does not expect more ‌company-wide layoffs this year, according to a copy of the memo ​seen by Reuters. He made the announcement on the same day the Facebook owner carried out a massive restructuring of the company, laying off 10% of its workforce globally and ‌transferring 7,000 other ⁠employees to new initiatives related to AI workflows. The changes are part of a far-reaching overhaul taking place at Meta this year, as the company surges its AI investments in a bid to center AI ‌agents in both its product offerings ​and its approach to work ​internally.

Palantir (NASDAQ:PLTR) is the AI stock retail traders cannot stop talking about, with Reddit sentiment scores spiking to 88 on May 19 and CEO Alex Karp boasting the company is “an n of 1” with a Rule of 40 score of 127%. Yet the valuation tells a very different story. The Palantir Problem: Priced for ... Forget Palantir: 2 Unstoppable AI Stocks to Buy Instead

Alphabet (NASDAQ:GOOGL) just earned a fresh endorsement from Bank of America (NYSE:BAC), which reiterated its Buy rating and $430 price target following Google I/O 2026. The firm characterized the event as evidence of Alphabet’s “accelerating velocity of AI innovation.” A reiteration after a high-stakes product showcase carries weight. The call could have gone either way, ... BofA Doubles Down on Alphabet at $430 Price Target After I/O 2026 AI Showcase