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META News30 articles
Alphabet Falls as Ackman Exits, Tech Stocks Slide on Oil and Yield Pressure
Alphabet shares fell 1.1% after Pershing Square sold its stake to fund a Microsoft position, while tech stocks slumped on rising oil and yields.
Snap CEO Evan Spiegel Summoned to Senate Over Kids' Online Safety
Snap CEO Evan Spiegel has been invited to testify at a Senate hearing on children's online safety, alongside leaders from Meta, Alphabet, and TikTok.
Pershing Square Builds Microsoft Stake; Ackman Sees AI Value
Bill Ackman's Pershing Square has taken a new position in Microsoft, attracted by what he calls a 'highly compelling' valuation amid AI-driven spending concerns.
Alphabet's Global Bond Blitz Fuels AI Spending Spree
Alphabet is tapping global bond markets with its first yen-denominated sale as part of a $60 billion debt push to fund AI expansion. Google Cloud revenue rose 63% last quarter.
Nebius Shares Surge 15.6% on 684% Revenue Jump; $25B Capex Plan Unveiled
Nebius shares jumped 15.6% after Q1 revenue surged 684% to $399 million. The AI cloud firm raised 2026 capex to $25 billion and started building AI facilities in Missouri and Pennsylvania.
Geothermal Developer Fervo Energy Soars 35% on Nasdaq Debut Amid AI-Driven Power Demand
Fervo Energy closed 35% above its IPO price in Nasdaq debut, valuing the geothermal firm at $10.36B, as AI power needs drive investor enthusiasm.
Wall Street Hits New Peaks as Tech Surge Overrides Inflation Jitters
The S&P 500 and Nasdaq Composite closed at record highs Wednesday, shrugging off a hotter-than-expected April producer price report that pushed back Fed rate-cut expectations.
BofA Raises Coherent Target to $400 on AI Optical Demand
BofA increased Coherent's price target to $400, highlighting AI-driven demand for 800G and 1.6T optical transceivers. Revenue jumped 21% to $1.81B. Neutral rating kept.
Nebius Shares Rebound Pre-Market as AI Factory Plans Face Earnings Test
Nebius Group shares rose 3.53% to $185.42 in pre-market trading after Tuesday's drop, ahead of Q1 earnings. The company's AI factory plans and tech deal with Clarifai are in focus.
Apple Shares Hold Ground as Inflation Data Rattles Tech Sector
Apple shares edged up 0.4% to $293.85 on Tuesday, outperforming other megacap tech stocks as April inflation rose 3.8%, pressuring the broader market.
Broadcom Surpasses Tesla, Meta, Walmart on $100B AI Chip Bet
Broadcom's market value reached $2.11 trillion, surpassing Tesla, Meta, and Walmart, as its AI chip revenue soared 106% to $8.4 billion, driven by long-term deals with Google and Meta.
Oklo Earnings in Focus After NRC Design Approval
Oklo Inc. reports Q1 earnings Tuesday, with analysts expecting a 19-cent loss, following NRC approval of key design criteria for its Aurora reactor.
ARK Buys CoreWeave Dip; Wells Fargo Lifts Target on $99B Backlog
ARK funds purchased 113,076 CoreWeave shares for $12.9M after the stock fell 11% on weak guidance. Wells Fargo raised its price target to $155, focusing on the company's $99.4B backlog.
Trade Desk Shares Plunge on Q1 Miss, Weak Q2 Outlook
Trade Desk shares dropped over 12% premarket on Friday after Q1 profit missed estimates and Q2 revenue guidance fell short of expectations, stoking fears of competitive pressure and slower ad spending.
CoreWeave Shares Slide on Weak Q2 Forecast Despite $99B Backlog
CoreWeave shares dropped ~7% pre-market after Q2 revenue guidance missed estimates and 2026 spending outlook increased. Q1 revenue doubled to $2.078B, but net loss widened to $740M.
CoreWeave Beats Q1 Revenue Forecast, Backlog Surges to $99B
CoreWeave beat Q1 revenue estimates with $2.08B, driven by AI cloud demand, as its backlog reached $99.4B. Net loss widened to $740M amid rising costs.
Snap Stock Falls 5% After Q1 Revenue Beat, Cautious Q2 Outlook, and End of Perplexity AI Deal
Snap Inc. reported Q1 revenue up 12% to $1.53B and 483M daily active users, but shares fell 5% after a cautious Q2 outlook and the end of the $400M Perplexity AI deal.
Palantir Drops Despite Record Revenue; Commercial Miss Triggers Selloff
Palantir shares slipped 1.4% to $134.04 despite record quarterly revenue of $1.63B. A $10M miss in U.S. commercial revenue triggered the decline, even as the company raised 2026 guidance.
Arm Holdings Shares Rally Ahead of Q4 Results on AI Infrastructure Optimism
Arm Holdings shares jumped 11% to $231.42 ahead of its fiscal Q4 earnings, buoyed by AI infrastructure demand and AMD's strong outlook. UBS raised its price target to $245.
Marvell's AI Rally Faces Key Earnings Test in May
Marvell Technology reports fiscal Q1 2027 earnings on May 27, testing its AI-driven stock rally. Investors eye Nvidia partnership and data-center revenue.
CoreWeave Faces $66.8B Backlog Test as Q1 Earnings Loom
CoreWeave reports Q1 earnings after the close May 7, with a $66.8B backlog and major deals with Meta, Anthropic, and Jane Street. Investors eye execution risks.
Meta's AI Ambitions Tested by Soaring Costs and Legal Challenges
Meta shares slipped 0.9% as investors weigh $145B capex forecast against 33% ad revenue growth, while five publishers sue over AI training data.
Super Micro Soars on Margin Recovery, Strong AI Server Demand Outlook
Super Micro Computer forecast Q4 revenue and profit above estimates, sending shares up 17%. Gross margin recovered to 9.9% from 6.3% last quarter, signaling improving profitability.
AMD Earnings: AI Stock Rally's Next Test
AMD reports Q1 earnings after the market close Tuesday. Wall Street expects revenue of $9.9 billion and adjusted EPS of $1.29. Data-center revenue is forecast to jump 53%.
CoreWeave Surges on Meta's $21 Billion Cloud Deal Ahead of Earnings
CoreWeave shares rose 5.4% to $125.43 premarket Tuesday after Meta pledged $21 billion for cloud capacity through 2032. Jefferies estimates the backlog could exceed $95 billion.
Oil Surge and Geopolitical Risk Rattle Wall Street, UBS Warns of Underestimated Impact
Brent crude surged 5.8% to $114.44 after new attacks in the Strait of Hormuz, while the S&P 500 fell 0.41%. UBS warns investors are missing the bigger risk of sustained economic damage.
Markets Brace for Jobs Data, Fed Divisions, and Earnings Wave
The S&P 500 and Nasdaq hit record highs, but a busy week of earnings, jobs data, and Fed divisions looms, testing the rally's durability.
Vistra Corp. Prepares for Q1 Earnings with Dividend Announcement and Analyst Caution
Vistra Corp. declared a $75 million quarterly dividend ahead of May 7 earnings. JPMorgan cut its price target to $231, while the company's Cogentrix acquisition and Meta nuclear deals shape growth.
Nebius Acquires Eigen AI for $643M to Tackle Inference Cost Challenge
Nebius Group NV acquires Eigen AI for $643M to expand AI inference software, addressing rising costs in AI cloud computing. Shares rose 11.8%.
Wall Street Eyes Three Tech Shifts Beyond AI Chatbots and Nvidia
S&P 500 and Nasdaq close at record highs as Alphabet, Amazon, Meta, and Microsoft project AI spending above $700B by 2026. Focus shifts to AI infrastructure, robot intelligence, and tokenized securities.