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Stock futures are pointing to a lower open for major indexes on Thursday as investors prepare for tomorrow's highly anticipated speech from Federal Reserve Chair Jerome Powell.
The hiring freeze, part of Meta’s broader restructuring, also restricts internal team transfers within its AI division.
A pullback isn’t the same as a bubble popping—especially with the huge wave of money still set to flow into AI infrastructure.
Meet Alexandr Wang: The 28-year-old hired for 14 billion by Mark Zukerberg to lead Meta superintelligence labs (image: alexandr_wang/X) Meta is gearing up for the AI race at full throttle. The silicon ...
The business cycle could be moving into territory where megacaps have historically lagged. Could this prompt the bursting of the AI megacap bubble?
U.S. stock futures are pointing lower as investors digest earnings from Walmart and review the latest trade agreement between the U.S. and European Union. S&P 500 futures are 0.2% lower after falling ...
President Trump's tariffs continue to affect global markets and the economy. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and ...
The AI Gold Rush Hits a Wall The artificial intelligence (AI) boom has propelled Big Tech valuations to dizzying heights, with companies like Meta Platforms (NASDAQ:META), Google, and Microsoft ...
However, seeing live AI translation in an Instagram Reel feels a little jarring to many users. In the comments of Mosseri's ...
A Russian state-backed messenger application cast as a rival to WhatsApp which critics have said could be used for ...
U.S. stock index futures edged lower on Thursday, as investors analyzed big-box retailer Walmart's quarterly results for clues about the health of the American consumer, ahead of the Federal Reserve's ...
Regulators clear Entergy's multibillion-dollar plan to build three major power stations to serve Meta's massive proposed data center.
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