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Meta shares slide as plan to spend billions more on AI spooks investors

Meta took the brunt of investor concerns on Wednesday over how the biggest US tech firms are spending massive sums on artificial intelligence (AI). Shares in the company, which owns Facebook and Instagram, dropped 7% in extended trading, after saying it would spend billions more on AI projects than it had initially planned. Meta, Google-owner Alphabet, Microsoft, and Amazon all reported their quarterly earnings at the same time. But the latter three companies fared better with investors as they showed how their own huge AI investments. Tech investors have become increasingly wary about the more than $650bn (£481bn) the four firms are spending this year. Lee Sustar, an analyst at Forrester, said there is still anxiety "about the sustainability of the AI boom" given the high cost and so far unrealised gains. Yet, tech companies are pushing forward with plans, for this year and next, to pour billions into its development. https://www.bbc.com/news/articles/crkpd4r2y7eo submitted by /u/Sufficient_Fuel5269 [link] [comments]

Centene: Promising 2027 Turnaround Prospects - Momentum Reversal Likely

Alnylam Surges After Its Pfizer-Rivaling Blockbuster Jumps Nearly 200%

Alnylam stock popped Thursday on a solid first-quarter beat for its Pfizer-rivaling heart disease drug, Amvuttra. The post Alnylam Surges After Its Pfizer-Rivaling Blockbuster Jumps Nearly 200% appeared first on Investor's Business Daily.

Microsoft Q3: $190B CapEx Looks Scary, But 40% Azure Growth Says Otherwise

2 BDCs To Buy When SaaS Craters

Amazon's spacious 85-gallon deck box is just $58

"It’s easy to assemble, lightweight, and durable at the same time."

1 Reason Netflix's Sell-Off Is a Gift for Investors

Wall Street missed these bullish signals in Netflix's earnings report.

For Sale- Studio in Liva, Town Square | Tenanted | Good ROI Potential

Hi everyone, I’m a real estate agent based in Dubai, and I’m offering a studio apartment for sale in Liva, Town Square. Thought I’d share it here in case someone is looking for a ready investment with rental income or an affordable entry into the Dubai market. Key details: Size: 347 sq. ft. Low floor Community (villa) view Currently tenanted (immediate rental income) Modern finishes Bright unit with good natural light The layout is compact but well planned, so it doesn’t feel cramped. Works well for singles or as a rental unit. Community highlights: Pool and gym Jogging and cycling tracks Parks and open green spaces Cafés, retail, and daily essentials nearby Family-friendly environment with good demand for rentals Town Square by Nshama has been consistently popular for affordable properties with decent rental yield, especially for studios and 1-beds. If anyone is seriously interested or wants actual transaction data before deciding (I always prefer buyers see real numbers, not just asking prices), feel free to reach out. Happy to share more details privately. submitted by /u/umeed27 [link] [comments]

Bitcoin ‘trapped below’ key resistance level as ETF outflows stretch to three days amid Fed split

Analysts focused less on the pause itself and more on the Fed’s unusually deep split amid ongoing bitcoin ETF outflows and weak demand.

Why I hate Meta's latest quarter

Hedera Council Welcomes Accenture to Advance Trusted Infrastructure for Enterprise AI | Hedera

submitted by /u/wgcole01 [link] [comments]

UBS Group AG 2026 Q1 - Results - Earnings Call Presentation

Danske Bank A/S (DNKEY) Q1 2026 Earnings Call Transcript

US economic growth rebounds 2% as consumer spending slows amid Iran war

First quarter output, driven by AI investment and government spending, rose as oil shock fuels inflation fears US gross domestic product (GDP) accelerated to an annual rate of 2% in the first three months of 2026, though consumer spending is slowing as the war with Iran continues to impact energy prices. The last GDP reading for the fourth quarter of 2025 showed that US economic growth slowed to an annual pace of 0.5%, largely due to a contraction in government spending after massive layoffs of federal workers last year. The federal government is down 355,000 workers, or 11.8% of the workforce, since October 2024, according to the Bureau of Labor Statistics. Continue reading...

U.S. economy rebounded in first quarter, driven by sizzling-hot business investment

Consumer spending cooled slightly in the first three months of the year.

Broadridge Financial Solutions, Inc. 2026 Q3 - Results - Earnings Call Presentation

European Central Bank keeps rates on hold in the face of inflation threat

The ECB's governing council opted to hold its benchmark deposit facility rate at 2% on Thursday.

Amazon Q1: Translating Massive Investment To Strong Results

Fed's favored inflation gauge shows rising prices as war heated up

Mapletree Logistics Trust 2026 Q4 - Results - Earnings Call Presentation

Caterpillar Inc. 2026 Q1 - Results - Earnings Call Presentation

White House AI Memo Hits Issues in Anthropic-Pentagon Feud

White House officials are preparing a wide-ranging artificial intelligence policy memo that outlines requirements for AI deployment by national security agencies, some of which address the issues driving a bitter dispute between the Pentagon and Anthropic PBC over military use of the firm’s technology, according to people familiar with the matter.

Alkami Technology, Inc. 2026 Q1 - Results - Earnings Call Presentation

Labour calls on Jenrick to give £37,500 campaign donation to charity amid electoral law investigation

Electoral Commission is investigating claims money given to MP came from US businessman now convicted of wire fraud UK politics live – latest updates Labour has called on Robert Jenrick to give up almost £40,000 donated to his campaign to be Conservative leader in 2024 following allegations that the sum came from an impermissible foreign donor now convicted of fraud. The party called for Jenrick to make a donation to charity after the Guardian revealed the Electoral Commission has been investigating claims that £37,500 out of £100,000 given to his campaign by a UK company Spott Fitness ultimately came from a company run by a US-based businessman, Gary Klopfenstein. Continue reading...