Microsoft, Meta back big AI spending despite DeepSeek's low costs
Microsoft has earmarked $80 billion for AI in its current fiscal year, while Meta has pledged as much as $65 billion ...
Tech stocks mixed as Meta, Microsoft affirm big AI spending plans after DeepSeek turmoil
Key tech stocks were a mixed bag in early trading Thursday after executives at Meta and Microsoft said they plan to keep ...
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Stock market today: Meta climbs and Microsoft falls as most stocks rise on Wall Street
Meta Platforms and most other U.S. stocks are rising Thursday following a rush of profit reports from some of the country’s ...
Microsoft's cloud outlook knocks shares, Meta rises on AI payoff signs
The Windows maker missed market estimates for quarterly revenue growth at Azure and gave a third-quarter forecast for the business that was below expectations ...
Stocks turn lower as early gains fade
U.S. stocks were erasing early gains in recent trading, with the S&P 500 joining the Nasdaq Composite in the red. As investors responded to the latest earnings and economic reports, Nvidia Corp. has ...