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Meta Stock Rebounds as Amazon Revives AI Confidence

Meta Platforms NASDAQ:META, the technology company operating Facebook, Instagram and WhatsApp, rebounded approximately 1.9% in Friday's regular session after Amazon's (AMZN) cloud results improved sentiment toward large AI infrastructure programs. Meta had fallen sharply following its own results a…

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Meta Faces India Legal Scrutiny

Facebook videos allegedly showing Prime Minister Narendra Modi in an abusive manner have led to a fresh regulatory probe in India against Meta India Managing Director Arun Srinivas, the social media and technology company Meta Platforms (META, Financials) said.The Hyderabad police said it was prepa…

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Cathie Wood Makes $14.3 Million Mega-Cap Tech Stock

Cathie Wood bought $14.3 million of Meta Platforms NASDAQ:META after its post-earnings selloff, making a contrarian bet that the social-media giant's advertising strength can eventually offset rapidly rising artificial-intelligence costs. The purchase suggests ARK (ARK) Invest views the nearly 8% d…

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Meta Stock Plunges 9.1% as Free Cash Flow Collapses 91%

Meta Platforms NASDAQ:META, a social-media and digital-advertising company, plunged approximately 9.1% in Thursday's regular-session trading as investors assessed an earnings miss and sharply weaker free cash flow. Quarterly free cash flow declined approximately 91% to $784 million from $8.55 billi…

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Pacing the Frontier: AI Insiders Just Asked Washington for a Brake Pedal. Beijing Is Building the Accelerator.

So you keep building. Everyone keeps building. And everyone agrees, increasingly in public, that this is a bad equilibrium.The obvious fix is that you all get in a room and agree to go slower. The obvious problem with the obvious fix is that competitors agreeing to restrict output is a cartel, and…

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Meta Unveils $14 Billion AI Data-Center Venture With BlackRock

Meta Platforms NASDAQ:META, a technology company operating social-media platforms and developing artificial-intelligence services, announced a roughly $14 billion venture with BlackRock NYSE:BLK, the world's largest asset manager, to develop and operate an AI data center in El Paso, Texas. Funds ma…

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Wall Street Rebounds Ahead of FOMC & Big Tech Earnings

Wall Street Rebounds Ahead of FOMC & Big Tech EarningsToday’s Market Update:Tuesday, the wild summer volatility continued on Wall Street. However, unlike recent sessions, the bulls showed some fight and rallied stocks off the bloody red morning lows. A few positives helped to buoy equities today, i…

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