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.
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.
NEW YORK (AP) — The U.S. stock market sank from its record heights on Thursday, as Wall Street sifted through mixed ...
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.
Explore how Wall Street responded to optimistic forecasts from Apple and Amazon after recent market volatility.
A momentous week in the technology sector made it clear there is no sign the boom in building artificial intelligence ...
Amazon.com Inc. posted robust cloud growth that reassured investors that the tens of billions of dollars the company and its ...
Meta has let go of nearly 600 employees from its legacy AI divisions, with the company seemingly focusing on its Meta Superintelligence Labs efforts.
Mark Zuckerberg lost about $29.2 billion as Meta's AI spending spooked investors, knocking him two spots down on Bloomberg's ...
And so, poorly-received reports from Meta (META) and Microsoft (MSFT) saw the wider market retreat sharply on Thursday, while positivity over Amazon.com (AMZN) and Apple (AAPL) results are pushing ...
Both Seagate and Western Digital stocks are trading near record highs, having surged more than 200% this year on the ...
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