Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech world
"Investing 'very heavily' in capital expenditure and infrastructure is going to be a strategic advantage over time," Mark ...
These Stocks Moved the Most Today: Tesla, Microsoft, Meta, UPS, IBM, Nvidia, Comcast, Las Vegas Sands, American, Juniper, and More
Tesla stock rises on optimism over the electric-vehicle maker’s growth projections, Microsoft’s Azure growth misses estimates ...
Wall Street rises as gains in Meta, Tesla offset Microsoft slump
Wall Street's main indexes rose on Thursday, driven by post-earnings advances in Meta and Tesla, although Microsoft's weak ...
Microsoft's cloud outlook knocks shares, Meta rises on AI payoff signs
Investors punished Microsoft with a 6% share drop on Thursday as hefty AI bets failed to drive a big increase in its cloud ...
Microsoft, Meta Talk Up Their Big AI Ambitions and Spending Plans
The tech giants vow to barrel ahead despite the jolt from China’s DeepSeek.
Tech stocks mixed as Meta, Microsoft affirm big AI spending plans after DeepSeek turmoil
Key tech stocks were a mixed bag in early trading Thursday after executives at Meta and Microsoft said they plan to keep ...
Meta, Microsoft downplay DeepSeek threat
Meta CEO Mark Zuckerberg, meanwhile, seemed to downplay the threat posed by DeepSeek, saying that the industry is constantly changing and DeepSeek’s announcement is simply a part of that ebb and flow.
Tech CEOs try to reassure Wall Street after DeepSeek shock
Leaders at Microsoft and Meta told investors that China’s DeepSeek doesn’t harm their businesses and that they will still ...
Microsoft, Meta's plans for AI infrastructure send related stocks surging
Shares of AI infrastructure providing companies climbed on Thursday after positive commentary from Meta Platforms ...
Microsoft, Meta back big AI spending despite DeepSeek's low costs
Microsoft has earmarked US$80 billion ($128 billion) for AI in its current fiscal year, while Meta has pledged as much as ...