Meta gained 17% in 16 days, the longest winning streak for a Nasdaq 100 firm since 1990. Investors have cheered its AI plans ...
Combined, Meta, Microsoft, Amazon and Alphabet, Google’s parent company, are planning on spending $320 billion this year, with a primary focus on boosting their AI products. That spending ...
Others, meanwhile, have suggested they plan to amp up pressure on competitors like Google to follow Meta’s lead. “We hope that other Big Tech companies, including Google, follow the lead of X ...
Its lobbyists sued anyway. A lobbying group representing Meta, Google and other tech companies on Monday sued to block the Maryland “Kids Code,” one of several state laws passed in recent ...
Meta's valuation is less attractive relative to peers like Google and Amazon, which offer more growth opportunities and lower risks. Despite good growth prospects, the high opportunity cost and ...
Amazon said it expects to spend over $100 billion in capital expenditures this year, making it the latest tech giant to say it's ramping up investments in artificial intelligence infrastructure.
Alphabet Inc.'s strong Q3 results and leadership in digital advertising, AI, and cloud position it for double-digit earnings ...