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Shares of tech mega-caps soared on Thursday as strong earnings reports from Microsoft and Meta Platforms breathed fresh life into the AI trade that's fueled stock market gains for the past two years.
Plus: Growth forecasts slashed, Pravda time, fentanyl seizures, and more ...
Live Updates Live Coverage Updates appear automatically as they are published. AI Capex Intact 11:57 am by Gerelyn Terzo Citi ...
Meta reported first-quarter revenue of $42.31 billion and earnings of $6.43 per share, surpassing analyst expectations on ...
Meta reported a $4.2 billion operating loss in its Reality Labs unit for the first quarter, continuing its ...
Meta continues to grow its active user base across its family of social media platforms, up 6% YOY. This, combined with the ...
Shares of Nvidia ( NVDA 4.38%) charged sharply higher Thursday, climbing as much as 5.5%. As of 11:59 a.m. ET, the stock was ...
U.S. technology-related stocks including many involved in artificial intelligence rose sharply on Thursday following stronger ...
Live Updates Live Coverage Updates appear automatically as they are published. Buy in May 10:20 am by Gerelyn Terzo While the ...
Meta CEO Mark Zuckerberg is once again accusing Apple of shutting out competition, framing open-source AI as the latest move ...
Zuck’s vision for infinite creative would wipe out the way the whole ad stack works.
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...