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Microsoft, Meta CEOs defend hefty AI spending
Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech world
"Investing 'very heavily' in capital expenditure and infrastructure is going to be a strategic advantage over time," Mark Zuckerberg said.
Tech stocks mixed as Meta, Microsoft affirm big AI spending plans after DeepSeek turmoil
Key tech stocks were a mixed bag in early trading Thursday after executives at Meta and Microsoft said they plan to keep pouring billions of dollars into AI – despite lingering anxiety over the
Meta, Microsoft downplay DeepSeek threat
Meta CEO Mark Zuckerberg, meanwhile, seemed to downplay the threat posed by DeepSeek, saying that the industry is constantly changing and DeepSeek’s announcement is simply a part of that ebb and flow.
Meta, Microsoft And Tesla All Report Earnings
What We Learned About the Future of AI from Microsoft and Meta Earnings
Key Takeaways Microsoft, Meta, and IBM all highlighted healthy growth in their AI businesses in the last three months of 2024.Microsoft and Meta, which cumulatively expect to invest nearly $150 billion in infrastructure in their respective 2025 fiscal years,
Meta, Microsoft And Tesla All Report Earnings After The Close
Stocks rose Tuesday, led by tech. AI fears loom as Meta, Microsoft report earnings. Tesla faces policy risks. Fed decision, major earnings, and government cuts ahead.
Tesla, Microsoft, and Meta report mixed earnings results
Results for the US tech giants were mixed, as Tesla and Microsoft fell short of market expectations in the growth of their core businesses, while Meta Platforms exceeded analysts' estimates across all metrics,
Microsoft shares slide on cloud Outlook
Stock market today: Meta climbs and Microsoft falls as most stocks rise on Wall Street
Meta Platforms and most other U.S. stocks are rising Thursday following a rush of profit reports from some of the country’s most influential companies, but drops for Nvidia and Microsoft are keeping the market in check.
Microsoft shares slide on dour cloud outlook, Meta rises on revenue beat
(Reuters) -Microsoft shares fell 3.5% in premarket trading on Thursday after the company issued a downbeat forecast for its cloud business, while Meta rose 2.6% after beating quarterly revenue estimates.
Tech results - as it happened: Microsoft shares slide after cloud growth disappoints; Zuckerberg promises ‘intense’ year for Meta
Microsoft reported a solid jump in revenue in its latest quarter, but sales in its closely watched cloud computing division missed Wall Street forecasts. Group revenue for Microsoft’s fiscal second quarter ending in December rose 12 per cent from the previous year to a quarterly record of $69.
5h
Wall Street rises as gains in Meta, Tesla offset Microsoft slump
Wall Street's main indexes rose on Thursday, driven by post-earnings advances in Meta and Tesla, although Microsoft's weak ...
CRN
3h
AWS, Meta, Microsoft, Nvidia And Oracle: Five Data Center Deals Worth $676B Announced This Month
Data center technology spending skyrocketed 34 percent in 2024, according to Synergy Research Group. It is soaring past a ...
22h
Meta sends mixed signals as quarterly sales beat estimates but outlook muted
Meta Platforms beat Wall Street expectations for fourth-quarter revenue on Wednesday but predicted sales in the current first ...
1d
Meta Engineers See Vindication in DeepSeek’s Apparent Breakthrough
The Silicon Valley giant was criticized for giving away its core A.I. technology two years ago for anyone to use. Now that ...
2d
Microsoft, Meta, and OpenAI Have Recently Confirmed Massive AI Investments
Nvidia stock could benefit from these massive AI infrastructure investments.
Investor's Business Daily on MSN
1d
Dow Jones Futures: Tesla, Microsoft, Meta, Fed Decision Loom; 10 New Stock Buys
Dow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures.The Federal Reserve meeting will ...
3d
2025 Layoffs: Meta, Microsoft, And BlackRock Join The Trend Amid AI Shift
While workforce cuts raise concerns, the tech sector is poised for significant growth, with jobs in big data, fintech, and AI ...
2d
Prediction: This Artificial Intelligence (AI) Stock Will Be Worth More Than Meta in 2025
Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle, and ...
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