Hyperscalers set to spend 102% of cloud revenue on AI capex in 2026, UBS says
UBS projects Amazon, Alphabet, and Microsoft will spend about 102% of their combined cloud revenue on capital expenditures in 2026,…
Meta (META) Stock News
Latest Meta Platforms stock news — Facebook and Instagram advertising revenue, AI investments, Reality Labs and META price analysis.
Meta Platforms Inc
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Meta Faces $1.2 Trillion Damages Threat as California Trial Targets App Design
Meta faces a trial in California that could force it to strip out addictive design features from Instagram and Facebook,…
AI Capital Spending Set to Deliver Record GDP Boost in 2026, Bloomberg Reports
Bloomberg reports that artificial intelligence investment is delivering the largest capital-expenditure-driven boost to GDP in history. Spending by Alphabet, Meta,…
Jensen Huang’s net worth climbs $27.5 billion this year as Nvidia hits $5.32 trillion
Nvidia CEO Jensen Huang's net worth has climbed $27.5 billion this year to $182 billion, making him the world's eighth-richest…
States seek up to $200 billion from Meta in child safety trial
Attorneys general from 29 US states have opened a trial accusing Meta of designing Facebook and Instagram features that addict…
