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Stock futures are higher across the board after upbeat quarterly reports from Microsoft (MSFT) and Meta Platforms (META) ...
Meta investors were generally pleased with the results. The stock was up about 4% in after-hours trading half an hour after ...
Nvidia shares are surging in premarket trading Thursday as two of its key customers—Microsoft and Meta Platforms—posted ...
Shares are down by 19%, hit by the one-two punch of the Trump administration's crackdown on AI chip exports to China and fears of capacity overbuilds in the US. The read-through to Nvidia has been ...
The new Meta AI app, the Ray-Ban glasses, live translation and more: here's what you need to know about Meta's artificial ...
Microsoft, meanwhile, has turned its Azure cloud into a full-stack AI utility. Revenue from Azure grew 33 percent in the quarter, with half that growth tied to AI. Plus its Intelligent Cloud division ...
In Asia, Japan +1.1%. Hong Kong closed. China closed. India closed. In Europe, at midday, London flat. Paris closed.
Microsoft on Wednesday reported a stronger-than-expected 33% jump in revenue in its Azure cloud business and forecast an ...
The world’s biggest tech firms have been left scrambling to adjust to the tumultuous first 100 days of President Trump’s ...
“Cloud and AI are the essential inputs for every business to expand output, reduce costs, and accelerate growth," said Satya ...
The owner of Facebook and WhatsApp has forecast an increase in CapEx due to higher IT infrastructure costs to power its AI strategy.
The success of Meta's strategy will depend on its ability to deliver consistent model improvements while building enterprise ...