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Meta Platforms (META) has been ordered by a New Mexico judge to pay $567 million into an abatement f

Cloud companies’ capex would run at roughly 3% of the U.S. GDP every year from 2027 to 2029, up from 0.3% of GDP in 2019 and 1.4% in 2025, according to a top economist.

Snap stock popped after it reported earnings, but soon crackled as the gains disappeared. Shares of Snap initially jumped 15% on Tuesday following its earnings release, as investors cheered stronger-than-expected revenue and earnings. All the growth is coming from the rest of the world, but those users aren’t very valuable, with average revenue per user (ARPU) of just $1, versus $10.26 in North America.

Broadcom sits at a tollbooth on the AI buildout, and one look at its order book raises a question worth asking: why are so many chip investors still looking elsewhere?

Meta, the owner of Facebook, Instagram and WhatsApp, has been ordered to pay $567m (£421m) to address the harm caused to children on its platforms. The ruling, handed down by a US judge in New Mexico, stipulates that the bulk of the money – $420m (£312m) – will be used for treatment services for young people, while the rest will go towards awareness and prevention, screening services and other costs over the next five years. The new penalty is in addition to the $375m (£280m) Meta was ordered to pay in damages after a jury ruled in March that the company had knowingly harmed children's mental health, taking the total to almost $1bn.

Aug 6 (Reuters) - A New Mexico state court ordered Meta on Thursday to pay $567 million into a teen mental health fund and change how its platforms function for young users after finding the company is to blame for harming children's wellbeing. Judge Bryan Biedscheid in Santa Fe ruled the company had created a public nuisance in ‌New Mexico, siding with Attorney General Raúl Torrez, a Democrat.

Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) has been ordered to pay more than US$900 million after a New Mexico judge significantly increased the financial penalty stemming from a landmark case over the company’s treatment of young users. State Judge Bryan Biedscheid ruled on...

A New Mexico judge ordered the social-media giant to create a new $567 million fund in addition to paying $375 million in previously determined civil penalties.

A New Mexico state court ordered Meta on Thursday to pay $567 million ‌and change how its platforms function for young users in the state ‌after finding the company is to blame for harming children's mental health. Judge Bryan Biedscheid in Santa Fe ​ruled the company had created a public nuisance in New Mexico, siding with the state's Attorney General Raúl Torrez, a Democrat. Torrez had accused the social media company of designing its products to addict young users and failing to protect children from ‌sexual exploitation on its platforms.

Utility companies are increasingly benefiting from the AI data center boom, and here is my favorite way to gain exposure to this investment theme.

Owning these shares means signing up for significant price swings, with option pricing reflecting typical levels of market uncertainty.

A testing partner's misconfiguration reportedly gave the model unintended internet access.

The social media company sent a fortune back to its owners, but the stock went nowhere. Here’s what the cash really bought, and what has to happen next for the bet to pay off.

Investors may have renewed confidence in Microsoft's (MSFT) AI strategy on the tech giant's reported growth in its Azure Cloud and Copilot businesses. Yahoo Finance Tech Editor Dan Howley dives into the details.

Yahoo Finance Markets and Data Editor Jared Blikre joins Market Domination to discuss Alphabet (GOOGL, GOOG) following the tech giant's $25 billion debt raise, the latest move in the hyperscalers' AI infrastructure spending race.

The central bank has let the bond market do its heavy lifting when it comes to rates. But a cut is on the horizon if a weak jobs and inflation stir up Wall Street.

Alphabet launched a 10-part bond offering after raising its 2026 capital spending forecast to fund AI infrastructure and other corporate needs.

Amazon (NASDAQ:AMZN) crossed a market value of $3 trillion for the first time on August 3, with shares jumping 5% to a record $285.01. The stock is up more than 23% this year, and it took just over two years to add that latest trillion after Amazon first closed above $2 trillion in June 2024. […]

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“This is like the best of all worlds for retirees,” says one investment specialist. Thank rising yields on bonds and strong stock performance.

Meta's shares appear primed for a rebound.

One testing failure exposes a much broader investor concern

CoreWeave has shed nearly a third of its value since going public, yet its bookings just hit an all-time high. Something in that contradiction points to an opportunity worth understanding before the next earnings report.

Meta's earnings just cratered free cash flow by over 90% and broke a six-quarter winning streak, yet nearly every analyst on Wall Street refuses to downgrade the stock. The reason why reveals something important about where this company is actually headed.

Alphabet launched a 10-part bond offering after raising its 2026 capital spending forecast to fund AI infrastructure and other corporate needs.

Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF, FRA:1SS) CEO Evan Gappelberg tells Proactive's Stephen Gunnion the company has reported $874,000 in new customer contract value and 160 new customer contracts, with software gross margins of 92%. He describes these as proof points of a new phase of growth for the AI-powered event technology business. Gappelberg says average contract value is up 77% and that the company is increasingly signing three-year deals rather than one-year deals, providing greater revenue visibility. Enterprise customers including Microsoft, Meta, Google, Deloitte, and BNP Paribas are among those buying from the company's three platforms: Eventdex, MapD, and KraftyLabs. On KraftyLabs, Gappelberg says it is the most underappreciated platform Nextech currently owns, and that the company is building it into an AI-first corporate culture platform with an AI avatar layer set to launch in the coming weeks. Gappelberg also reveals that Nextech is imminently close to signing what he calls the biggest deal in the company's history, describing it as a multimillion-dollar contract he expects to close in August. He says this deal, combined with 92% gross margins, will significantly accelerate the path to profitability and cash flow. Read Proactive's Editorial Policy here: https://www.proactiveinvestors.co.uk/pages/editorialPolicy #Nextech3Dai #NexTech #AItechnology #eventstech #SaaS #softwaremargins #enterprisesoftware #smallcap #growthinvesting #techinvesting

Meta is the latest AI developer to disclose a rogue hacking incident. It’s not a bad thing for the stock — it might even help.

Kenneth Griffin built a $60 billion empire by finding the cleanest risk-reward setups in mega-cap tech, and his playbook treats NVIDIA, Tesla, and Meta very differently than the crowd does right now.

Nebius has no shortage of demand, but the speed and cost of turning new data center capacity into revenue could decide what happens next.

Optical networking startup Lumilens said on Thursday it was valued at $5.51 billion in its latest funding round, ‌as surging investment in AI data centers fuels demand for ‌high-speed connectivity technologies. The San Jose, California-based company designs and manufactures optical and networking products ​that help data centers move data faster while using less power. It raised more than $700 million in the Series C funding round co-led by Atreides Management, Bain Capital Ventures, Meritech, Seligman Ventures and Spark Capital, bringing its ‌total funding to more than $900 ⁠million.