The strong quarter and a boost in capital spending impressed analysts and solidified Alphabet’s position as an AI leader.
Alphabet stock jumps 4% after posting strong results, boosting AI spend Read More »
Meta’s results raised skepticism over the payoff from its aggressive artificial intelligence spending plans and overshadowed strong results.
Meta stock drops 12% as heightened AI spending overshadows strong third-quarter results Read More »
Angel investor Oren Zeev created the blueprint for the solo general partner firm, a new, rare category of venture capital. The Navan IPO is his biggest win yet.
Here are five key things investors need to know to start the trading day.
Big Tech earnings, Fed cuts rates, Trump-Xi meeting and more in Morning Squawk Read More »
The crux is that spending on artificial intelligence isn’t going to slow down, at least for the next year, thanks to increasing demand for AI services.
CNBC Daily Open: All about Trump-Xi, Fed cuts and Big Tech earnings Read More »
The crux is that spending on artificial intelligence isn’t going to slow down, at least for the next year, thanks to increasing demand for AI services.
CNBC Daily Open: Capex is the number to look at amid Big Tech earnings Read More »
The pressure on Meta stock was almost certainly due to management’s expense guidance raise.
Wall Street hates Meta’s AI spending guidance raise. We don’t Read More »
Samsung Electronics reported a rebound in earnings on Thursday, with operating profit more than doubling from the previous quarter.
“Fundamentals and valuations can only be ignored for so long,” one portfolio manager told CNBC.
Fund managers reveal their bubble recipes and what to watch for as AI stocks soar Read More »
Mark Zuckerberg is reminding investors that Meta needs to keep spending on artificial intelligence because of the risk of not investing enough.
Meta CEO Mark Zuckerberg defends AI spending: ‘We’re seeing the returns’ Read More »