Even Mark Zuckerberg seems surprised by Meta’s pace of spending on AI
Meta CEO Mark Zuckerberg explained on the earnings call how the speed of Meta’s AI technology buildout led the company to lift guidance for capex.
‘Silver economy’ boom: China transforms kindergartens into senior care homes as demographic crisis deepens
The falling birth rates and aging population propelled businesses that used to cater to children to shift to serving a different but more abundant set of customers, the elderly.
As Diwali begins, these 4 Indian stocks are set to rise over 30%, analysts say
As the Diwali festive season gets underway, several sectors — and stocks — are expected to do well in India, analysts say.
S&P 500 and Nasdaq suffer their worst day in over a month, led lower by tech: Live updates
Traders reviewed results from Microsoft and Meta Platforms and looked toward the latest jobs report.
Bangkok for the super rich: How the ultra-wealthy travel in Thailand’s capital
The capital of Thailand welcomes millions of visitors each year, but only a select few get to enjoy all the luxury on offer. CNBC’s “First Class” takes you on a Bangkok tour like no other.
Elon Musk ordered to attend $1 million voter lottery suit hearing in Philadelphia court
Tesla CEO Elon Musk and his America PAC are supporting Republican nominee Donald Trump over Democratic nominee Kamala Harris in the presidential election.
Coinbase shares fall as muted crypto trading leads to a third-quarter miss
Coinbase Wednesday reported weaker-than-expected third-quarter results, weighed down by muted trading in the cryptocurrency market.
Meta’s Reality Labs posts $4.4 billion loss in third quarter
Meta’s Reality Labs unit, which develops augmented and virtual reality technologies, logged an operating loss of $4.4 billion in the third quarter.
Inflation report Thursday expected to show the Fed is getting closer to its goal
The annual pace of price increases is getting ever closer to the Federal Reserve’s 2% target.
What investors should look for as Meta, Microsoft report earnings Wednesday
Another busy day of megacap technology earnings kicks off Wednesday with results from Meta Platforms and Microsoft after the bell.
