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Tech giants Microsoft and Meta vow to keep up with AI spending plans but is this feasible for the fast-growing sector? Head of citizens JMP Mark Lehmann explain ...
Wall Street shares rallied on Thursday, as investors cheered earnings from Meta, but shunned Microsoft, while the dollar dipped, further boosting gold prices. The ...
Tesla’s fourth-quarter adjusted earnings miss analysts’ estimates but the stock rises on optimism over the electric-vehicle ...
Silicon Valley’s been rattled by a low-cost Chinese AI – with the start-up claiming its DeepSeek technology can emulate the performance of ChatGPT, at a fraction of the cost. Its launch shook share ...
Wall Street opens up on relief Meta and Microsoft kept their AI spending plans even as their earnings come in mixed. Next up, Apple after the close.
Investors punished Microsoft with a 6 per cent share drop on Thursday as hefty AI bets failed to drive a big increase in its cloud revenue, while Meta rose 4 per cent after CEO Mark Zuckerberg assured ...