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Tag Archives: CNBC
Wall Street hates Meta’s AI spending guidance raise. We don’t
The pressure on Meta stock was almost certainly due to management’s expense guidance raise.
Samsung’s third-quarter profit more than doubles, beating estimates as chip recovery gathers pace
Samsung Electronics reported a rebound in earnings on Thursday, with operating profit more than doubling from the previous quarter.
Fund managers reveal their bubble recipes and what to watch for as AI stocks soar
“Fundamentals and valuations can only be ignored for so long,” one portfolio manager told CNBC.
Meta CEO Mark Zuckerberg defends AI spending: ‘We’re seeing the returns’
Mark Zuckerberg is reminding investors that Meta needs to keep spending on artificial intelligence because of the risk of not investing enough.
Google expects ‘significant increase’ in capital expenditure in 2026, execs say
Alphabet is planning a “significant increase” in spend next year as it continues to invest in AI infrastructure to meet the demand of its customer backlog.
ServiceNow CEO denies AI companies are threatening enterprise software: ‘They don’t do what we do’
ServiceNow CEO Bill McDermott pushed back against the idea that artificial intelligence technology will make enterprise software redundant.
YouTube offers voluntary buyouts as company reorganizes around AI
In an internal memo to staff, YouTube CEO Neal Mohan said the platform is reorganizing its product teams for the first time in a decade.
Microsoft takes $3.1 billion hit from OpenAI investment
Microsoft and OpenAI are key partners in cloud and artificial intelligence, but they’re increasingly becoming competitors as well.
Market moves after the Fed rate cut — plus, two price target hikes on big-name stocks
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Microsoft hit with Azure, 365 outage ahead of quarterly earnings report
Microsoft users reported outages for Azure and 365 services a week after many customers of Amazon Web Services suffered hours of downtime.