Meta Platforms reported $56.31 billion in Q1 2026 revenue, a 33% year-over-year increase, but shares fell up to 10% after hours after the company raised its 2026 capital expenditure guidance to as muc…
Meta Platforms has contracted roughly 1.6 gigawatts of AI computing capacity from data center developer Crusoe for two planned campuses in Texas and Missouri, according to a Bloomberg report that coul…
ProShares filed its fourth MANGOS ETF in three days, with an effective date of August 31, 2026. The MANGOS basket includes Meta, Anthropic, Nvidia, Google/Alphabet, OpenAI, and SpaceX, reflecting Wall…
Kingboard Holdings plans to raise HK$11.77 billion (US$1.5 billion) by selling a stake in its subsidiary Kingboard Laminates Holdings to expand production capacity for circuit boards used in AI server…
Two asset managers filed with the SEC to launch exchange-traded funds tied to the social-media-driven "MANGOS" AI-stock theme, which includes Meta, Anthropic, Nvidia, Google, OpenAI, and SpaceX. Yorkv…
CoreWeave will join the Nasdaq-100 Index on June 22, 2026, about 15 months after its March 2025 IPO, the company announced. The GPU-focused cloud provider reported $2.1 billion in Q1 revenue and a $74…
Meta Platforms has begun dismantling its $2 billion acquisition of Manus after Chinese authorities ordered the deal reversed in April, according to CNBC and Bloomberg. Meta completed an operational sp…
Daniel Sparks of The Motley Fool recommended Meta Platforms, Microsoft, and Broadcom as three AI stocks to buy and hold for the next decade, citing their ability to fund sustained AI infrastructure in…
President Trump signed an executive order titled "Promoting Advanced Artificial Intelligence Innovation and Security" to establish a voluntary framework for evaluating AI models and strengthening cybe…
Meta Platforms is developing an AI-powered pendant and plans to begin testing the device within the next year, according to an internal memo reported by The Information and Reuters. The memo, attribut…
Meta Platforms shares traded lower Wednesday, roughly 20% below their July 2025 all-time high, despite reporting 33% year-over-year revenue growth in Q1 2026 driven by AI improvements in ad impression…
Nvidia CEO Jensen Huang is scheduled to visit South Korea to meet with Samsung and SK Hynix, with analysts expecting discussions to focus on High Bandwidth Memory procurement for next-generation AI GP…
Meta Platforms plans to begin testing an AI pendant within the next year and expand its wearable device lineup, including a business-focused "Wearables for Work" service, according to an internal memo…
Meta Platforms announced a workforce restructuring that includes cutting approximately 8,000 jobs, a roughly 10% reduction, and reassigning about 7,000 employees into AI-focused teams. The move comes …
Meta Platforms is rolling out consumer subscription plans for Instagram, Facebook, and WhatsApp, including new AI-focused tiers under the Meta One brand, with "Plus" plans starting at $3.99 per month …
Cerebras Systems completed its initial public offering on the NASDAQ, raising $5.55 billion by floating 215.23 million shares at $185 each, with shares closing at $311 for a public market capitalizati…