Meta Platforms Inc
Stock futures are little changed after S&P 500, Nasdaq score another record close: Live updates
A trader works on the floor at the New York Stock Exchange in New York City, U.S., July 24, 2025. Brendan Mcdermid | Reuters Stock futures were relatively unchanged on Thursday after the S&P 500 and Nasdaq Composite reached another record closing high. S&P 500 futures traded up 0.1%, along with Nasdaq 100 futures. Futures […]
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The AI ‘neoclouds’ buzz is growing on Wall Street, but risks are bubbling
Investors are raving about “neoclouds” and what their emergence means for the artificial intelligence boom. However, some warning signs are starting to flash. Neoclouds are companies specializing in AI cloud computing. Unlike traditional hyperscalers such as Amazon and Microsoft, these bespoke companies are viewed as attractive alternatives as they install and manage AI hardware and software […]
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Meta updates safety features for teens. More than 600,000 accounts linked to predatory behavior
Facebook and Instagram icons are seen displayed on an iPhone. Jakub Porzycki | Nurphoto | Getty Images Meta on Wednesday introduced new safety features for teen users, including enhanced direct messaging protections to prevent “exploitative content.” Teens will now see more information about who they’re chatting with, like when the Instagram account was created and […]
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AI startups raised $104 billion in first half of year, but exits tell a different story
In this photo illustration, Claude AI logo is seen on a smartphone and Anthropic logo on a pc screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images OpenAI and Anthropic continue to lead a fundraising bonanza in artificial intelligence, raising historic rounds and stratospheric valuations. But when […]
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Amazon to buy AI company Bee that makes wearable listening device
Amazon logo on a brick building exterior in San Francisco on Aug. 20, 2024. Smith Collection | Gado | Archive Photos | Getty Images Amazon plans to acquire wearables startup Bee AI, the company confirmed, in the latest example of tech giants doubling down on generative artificial intelligence. Bee, based in San Francisco, makes a […]
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Wall Street is upbeat on tech megacaps, but big questions loom on AI spending, China, Trump tariffs
Mark Zuckerberg, CEO of Meta Platforms Inc.; from left, Lauren Sanchez; Jeff Bezos, founder of Amazon.com Inc.; Sundar Pichai, CEO of Alphabet Inc.; and Elon Musk, CEO of Tesla Inc., during the 60th presidential inauguration in the rotunda of the U.S. Capitol in Washington, D.C., on Jan. 20, 2025. Julia Demaree Nikhinson | Bloomberg | […]
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CNBC Daily Open: Investors dismiss Trump administration’s beef with the Fed — S&P 500 hits new high
U.S. Treasury Secretary Scott Bessent sits to testify before a House Ways and Means Committee hearing on Capitol Hill in Washington, D.C., U.S., June 11, 2025. Elizabeth Frantz | Reuters With the job market currently being rough for many — in no small part because of artificial intelligence — it may be tempting to enroll […]
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Figma IPO could value design software maker at $16 billion
Dylan Field, co-founder and CEO of Figma Inc., after the morning sessions at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on July 11, 2024. David Paul Morris | Bloomberg | Getty Images Design software company Figma on Monday published an updated prospectus for its initial public offering. The company said […]
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Top Wall Street analysts are confident about the potential of these 3 stocks
Idrees Abbas | SOPA Images | Lightrocket | Getty Images The earnings season is on, and investors are paying attention to how the leading companies are faring. However, tariffs and other challenges remain on the minds of investors. While top Wall Street analysts also watch the quarterly results closely, they generally have a broader focus […]
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Meta says it won’t sign Europe AI agreement, calling it an overreach that will stunt growth
Jakub Porzycki | Nurphoto | Getty Images Meta Platforms declined to sign the European Union’s artificial intelligence code of practice because it is an overreach that will “stunt” companies, according to global affairs chief Joel Kaplan. “Europe is heading down the wrong path on AI,” Kaplan wrote in a post on LinkedIn Friday. “This code […]
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