Tag Archives: CNBC

Roblox boosted booking guidance for the fiscal year to between $6.57 billion and $6.62 billion

The Club decided to upgrade Meta Platforms — choosing to view Thursday’s stock plunge as a buying opportunity.

Palantir co-founder and venture capitalist Joe Lonsdale says that execs at AI companies are underselling the resources required to meet their ambitions.

The strong quarter and a boost in capital spending impressed analysts and solidified Alphabet’s position as an AI leader.

Meta’s results raised skepticism over the payoff from its aggressive artificial intelligence spending plans and overshadowed strong results.

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.

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.

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.

The pressure on Meta stock was almost certainly due to management’s expense guidance raise.