Drops for Big Tech companies including Microsoft and Facebook's parent company Meta Platforms led Wall Street lower.
Meta and Microsoft stocks tumbled Thursday as investors weighed their hefty AI expenditures against the time it will take to generate a return on their investment.
Drops for Big Tech companies including Microsoft and Facebook's parent company Meta Platforms led Wall Street lower ...
On Wednesday, Meta and Microsoft reported substantial increases in capital expenditures, largely due to growing investments in AI infrastructure.  But ...
Microsoft recently disclosed a 29% increase in greenhouse gas emissions since 2020. Image Credit: Reuters Meta, led by CEO ...
Wedbush's Joel Kulina breaks down the key takeaways from Meta and Microsoft's latest results.
High-profile firms including music streamer Tidal and Facebook parent Meta Platforms announced significant job cuts ahead of ...
Both Microsoft and Meta Platforms have soared in recent years ... That’s still up sharply from the roughly 3.60% level it was at in the middle of last month. Yields have been rising following ...
Hyperscaler capital expenditures are expected to reach $300B in 2025 among the major players in the space. Read more here.
The Nasdaq Composite extended its losses on Thursday, pressured by weaker-than-expected results from Microsoft and Meta Platforms ... term “make or break” level because if it fails as support ...
The major averages saw further downside going into the close, ending the session near their worst levels of the day ... news from tech giants Microsoft (MSFT) and Meta Platforms (META).