That structure allows Meta to build its data center without putting the full $27 billion of debt on its own balance sheet.
To quickly catch you up on how things shook out, here's a rundown on the main takeaways from Alphabet, Amazon, Apple, Meta, and Microsoft.
The stock market had strong weekly gains after huge earnings, the latest Federal Reserve move and a Trump-Xi meeting.
For October, the S&P 500 is up 2%, the Nasdaq has advanced 4.1%, and the Dow has added 2.4%, setting it up for its sixth consecutive monthly gain, the longest streak since 2018.
BofA’s Hartnett Sees Gold, China Stocks As Best AI Boom Hedges Chinese stocks and gold are the best hedges against a boom in the artificial intelligence trade that has pushed valuations to elevated ...
Nvidia gained 1.9% after Amazon added to the wave of AI investment and chip maker Nvidia announced a series of deals with ...
The problem crystallized when Evercore ISI’s Mark Mahaney confessed Thursday on a Bloomberg podcast that he's "not super ...
Meta raised $30 billion in debt on Thursday, as tech giants flush with cash turn to borrowing to finance the expensive race ...
Silicon Valley’s mega AI spending spree isn’t slowing down anytime soon. But Wall Street’s patience to see a return might be wearing a little thin.