Meta Platforms is in talks to hire a senior leader from Amazon’s cloud division, the Wall Street Journal reported on Friday, amid speculation that the social media giant is planning to build out a data center and cloud computing business.David Brown, a senior vice president for AWS Compute, AI, and…
MENLO PARK, Calif., July 14, 2026 /PRNewswire/ -- Meta Platforms, Inc. (NASDAQ:META) announced today that the company's second quarter 2026 financial results will be released after market close on Wednesday, July 29th, 2026.Meta will host a conference call to discuss its results at 1:30 p.m. PT / 4…
Alphabet NASDAQ:GOOGL is trying to sell Google's tensor processing units to neocloud providers, pushing deeper into a market dominated by Nvidia's GPUs, according to The Information.The challenge is distribution. Nvidia NASDAQ:NVDA already has close ties with major neoclouds including CoreWeave NAS…
Meta Platforms NASDAQ:META fell 0.23% in premarket as Citizens reiterated a Market Outperform rating and $800 price target, citing continued Instagram engagement momentum. Global time spent on Instagram grew approximately 13% year-on-year in June, marking the 13th consecutive month of double-digit…
Meta NASDAQ:META, a technology giant expanding its artificial intelligence infrastructure, is increasing the scale of its Hyperion AI data center supercluster in rural Louisiana to 5 gigawatts, with the project expected to cost more than $50 billion. The Richland Parish facility was initially plann…
Investors may be entering a second phase of the artificial-intelligence trade as enthusiasm begins to spread beyond the companies supplying chips and memory for data centres.Semiconductor stocks surged in June while Alphabet, Amazon and Meta came under pressure over the cost of building AI infrastr…
What Happened? Shares of social network operator Meta Platforms NASDAQ:METAjumped 5.2% in the afternoon session after a cluster of AI infrastructure and product news reframed the company's heavy capital spending as a path to lower costs, new revenue, and faster growth rather than a pure expense dra…
AppLovin NASDAQ:APP rose 1.17% in premarket after a Jefferies survey of 30 e-commerce advertisers showed the company recorded the largest share gain among advertising networks in 2026, rising 169 basis points to 11% of total spend between Q4 2025 and full year 2026. AppLovin maintained a top-three…
Vancouver, BC, Canada, July 10, 2026 (GLOBE NEWSWIRE) -- Global Power Solutions Corp. (TSX Venture Exchange:PWER; Frankfurt Stock Exchanges:NJA (“Global Power” or the “Company”) is pleased to announce that the Company has registered and will be in attendance at the Data Centre West 2026 (“Data Cent…
U.S. stock futures declined in the overnight session late Thursday, reversing gains in the regular session, which were driven by gains in major chipmaking stocks.Meanwhile, U.S. President Donald Trump told reporters on board Air Force One that Iran “badly” wants to make a deal after America had “ju…
Meta Platforms NASDAQ:META introduced Muse Spark 1.1 on Thursday, calling the new AI model a major upgrade as Mark Zuckerberg pushes harder against Google NASDAQ:GOOG, OpenAI and Anthropic.Meta said Muse Spark 1.1 is a multimodal reasoning model built for agentic tasks, with gains in tool use, comp…
Software stocks appear to be regaining investor attention after months of pressure tied to fears that artificial intelligence could weaken the sector's growth profile. A widely followed software index has advanced 2.2% this month, reducing its year-to-date decline to 12%, while the Philadelphia Sto…
Meta Platforms Inc. (META) CEO Mark Zuckerberg returned to X for the first time in three years on Thursday to announce Muse Spark 1.1, Meta's latest artificial intelligence model.Zuckerberg said in a post on X Muse Spark 1.1 is designed for agentic AI tasks, with improved coding, tool use, computer…
Agreement positions Capital Power as a hyperscale energy partner of choice with 250 MW for Meta's Sturgeon County data centre – powering Alberta's rise in the North American AI economyEDMONTON, Alberta, July 08, 2026 (GLOBE NEWSWIRE) -- Capital Power Corporation (“Capital Power” or the “Company”) T…
Meta Platforms META has unveiled Muse Image, its first image-generation model from Meta Superintelligence Labs, expanding the capabilities of Meta AI beyond conversational assistance into AI-powered visual content creation. The new model enables users to generate, edit and personalize images using…
U.S. stock indices ended lower on Tuesday as investors sold off high-growth tech and chipmaker stocks as Treasury yields spiked owing to a jump in oil prices after Iran attacked a Qatari shipment in the Strait of Hormuz.The S&P 500 ended 0.5% lower, while the Nasdaq 100 lost 1.8% and the Dow Jones…
Shares of IREN NASDAQ:IREN climbed more than 13% on Monday after Freedom Broker raised its rating on the artificial intelligence cloud infrastructure company to Buy from Hold, arguing that the recent share-price decline created a more attractive entry point.IREN NASDAQ:IREN had dropped roughly 28…
The world's largest technology companies are tapping debt markets and raising equity to bolster AI infrastructure, marking a shift for Silicon Valley firms that typically relied on cash to fund their investments.Alphabet, Amazon, Microsoft and Meta signaled in April that spending on AI would not sl…
Meta Platforms NASDAQ:META disclosed that California, Colorado, Kentucky, and New Jersey states are seeking $1.4 trillion in penalties, a figure close to Meta's entire market cap of roughly $1.5 trillion, in a trial scheduled for August in Oakland, California. The states calculated the figure by mu…
By Dan GallagherBig tech reining in its AI spending may be a tantalizing prospect for some. It would also be a costly one.That doesn't seem in the cards yet. Second-quarter reports coming later this month will likely show another period of blowout AI investments. Wall Street analysts estimate that…
