US tech stocks lost nearly $1 trillion on concerns about artificial intelligence spending, Meta Platforms Inc. hit a record high — signaling that investors were keeping the faith when it came to its own AI plans.
DeepSeek's large-language-model launch could wipe nearly $1 trillion in market value from the biggest U.S. tech companies.
Chicago, IL – January 27, 2025 – Zacks.com releases the list of companies likely to issue earnings surprises. This week’s list Tesla TSLA, Microsoft MSFT, Meta Platforms META and Apple AAPL.
History repeats itself, quickly it seems, as U.S. President Trump confirms that Microsoft is indeed in the running to buy TikTok.
Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle, and SoftBank are leading the newly announced Stargate initiative under President Trump -- a project aiming to invest $500 billion into AI frameworks over the coming years.
As President Trump issues directives to scuttle every federal government initiative that promotes diversity, equity and inclusion, tech
Analysts at Morgan Stanley say Microsoft (NASDAQ: MSFT) is in a "pole position" to capitalize on growing demand for generative artificial intelligence (AI)-powered applications like AI agents. Other analysts seem to agree.
Nvidia was down nine percent in pre-market trading, with Meta and Microsoft, which has also made a big bet on AI in recent years, both seeing their shares fall by four percent. Dutch semiconductor equipment manufacturer ASML was also impacted by the slump, down 9.7 percent, while Schneider Electric similarly saw its shares slide by 8.7 percent.
Meta CEO Mark Zuckerberg said the company plans to up its capital expenditures in 2025 as it aims to keep pace with rivals in the AI space.
DeepSeek has shook the tech world with its cost-effective open-source models. The AI startup has received praises from all corners of the world including from its competitor OpenAI.
Microsoft’s top leaders met with President-elect Trump, Vice President-elect Vance and Elon Musk at Mar-a-Lago on Wednesday, a company spokesperson confirmed to The Hill. Microsoft CEO Satya
Another tech giant in this list, Microsoft Corporation (NASDAQ:MSFT) is down by more than 2% or $68 billion. MSFT has been relying on OpenAI to develop its AI capabilities. With DeepSeek creating a disruption in the industry, MSFT will have to rethink its strategy for AI adoption.