In the midst of an artificial intelligence spending spree, Meta posted stronger-than-expected results for the second quarter, ...

The One Big Beautiful Bill Act, signed into law in early July, allows companies to deduct certain investments in the year ...

Meta Platforms posted 22% revenue growth in the second quarter, showing its core ad business remains strong at a time when the company is investing billions of dollars into artificial intelligence.For ...

Meta has reported robust second-quarter financial results, with revenue jumping 22% year-over-year to US$47.5 billion ($58.3b ...

Earnings season for a handful of megacap tech firms has morphed into capex season with the AI arms race showing no signs of ...

If Meta investors had concerns about the company’s huge spending on artificial intelligence infrastructure and talent, ...

Metrics are up across the board, and the CEO is focused on making the company's AI superintelligence push a reality.

Microsoft forecast on Wednesday a record $30 billion in capital spending for the current fiscal first quarter, after booming ...

Meta reported $47.52 billion in second quarter revenue — its second-best quarter ever — on Wednesday and $18 billion in profit ...

Qualcomm exceeded analyst expectations for revenue and adjusted EPS in the third quarter. The company is diversifying into PCs, augmented reality, and AI infrastructure.

Meta also raised the lower end of the capex guidance to $66 billion. It had earlier projected the range to be between $64 ...

Better-than-expected results helped Mark Zuckerberg navigate what might have been a tricky transition from an open-source ...