12 stories tagged #capital expenditure

  1. Zuckerberg Admits AI Workforce Shift Errors at Meta
    tech

    Zuckerberg Admits AI Workforce Shift Errors at Meta

    Meta CEO Mark Zuckerberg acknowledges mistakes in the company's aggressive AI restructuring, promising stability and no further layoffs this year.

    last wk. 1 min read
  2. Meta Eyes $125B Equity Raise Following Record Alphabet Sale for AI War Chest
    finance

    Meta Eyes $125B Equity Raise Following Record Alphabet Sale for AI War Chest

    Meta Platforms is considering a multi-billion dollar share sale, following Alphabet's $85 billion record, to fund an AI-driven capex surge to $145 billion.

    2w ago 1 min read
  3. Meta Plans Massive Stock Sale to Fund $145B AI Investment
    tech

    Meta Plans Massive Stock Sale to Fund $145B AI Investment

    Meta Platforms is considering a major equity offering, potentially worth tens of billions, to finance its aggressive AI spending campaign.

    2w ago 1 min read
  4. NASDAQ 100 Shatters Records, Surpasses 30,000 for the First Time
    finance

    NASDAQ 100 Shatters Records, Surpasses 30,000 for the First Time

    The tech-heavy index crossed 30,000 for the first time, fueled by AI spending and strong earnings.

    last mo. 1 min read
  5. Alphabet’s Record $3.6 Billion Yen Bond Sale
    finance

    Alphabet’s Record $3.6 Billion Yen Bond Sale

    Alphabet sold a record ¥576.5 billion in yen-denominated bonds, the largest ever by a foreign company, to fund AI investments.

    last mo. 1 min read
  6. Amazon Launches Record Swiss Franc Bond Sale
    finance

    Amazon Launches Record Swiss Franc Bond Sale

    Amazon borrows $3.6B in Swiss francs for the first time, issuing six tranches to fund AI.

    last mo. 1 min read
  7. CoreWeave Shares Slump on Mixed Earnings, Rising Spending Forecast
    finance

    CoreWeave Shares Slump on Mixed Earnings, Rising Spending Forecast

    CoreWeave revenue beat estimates but Q2 guidance fell short. Higher capex forecast and widening losses spook investors.

    last mo. 1 min read
  8. Meta's 10% Plunge: Investors Want Clearer AI Payoff
    finance

    Meta's 10% Plunge: Investors Want Clearer AI Payoff

    Meta shares fell 10% despite strong revenue, as investors balk at higher AI spending without a clear payoff.

    last mo. 1 min read