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.
That structure allows Meta to build its data center without putting the full $27 billion of debt on its own balance sheet.
NEW YORK (AP) — The U.S. stock market sank from its record heights on Thursday, as Wall Street sifted through mixed ...
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.
Explore how Wall Street responded to optimistic forecasts from Apple and Amazon after recent market volatility.
Meta Platforms has finalized pricing on a $30 billion six-part bond sale, hot on the heels of a disappointing earnings report ...
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 ...
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 ...
Meta has let go of nearly 600 employees from its legacy AI divisions, with the company seemingly focusing on its Meta Superintelligence Labs efforts.