Investors were looking to Microsoft and Meta to provide reassurance that they will keep spending heavily on Nvidia chips.

S&P 500, and Nasdaq futures are rising, the Dow is Falling in premarket trading Thursday as the stock market digests Big Tech earnings and Fed comments on interest rates.

It reported sales of $48.4 billion and earnings of $8.02 per share, compared to the consensus estimates of $47.0 billion and ...

The latest U.S. Federal Reserve meeting saw interest rates remain on hold as it seeks to make more progress on lowering ...

The spending spigots are still wide open Meta Platforms and Microsoft are two of the so-called hyperscalers who are [plowing tens of billions of dollars into artificial intelligence]( ...

Leaders at Microsoft and Meta told investors that China’s DeepSeek doesn’t harm their businesses and that they will still ...

Amid DeepSeek mania, tech giant Meta’s CEO Mark Zuckerberg has vowed to spend “hundreds of billions of dollars” in AI over ...

Mark Zuckerberg says it’s too soon to assess DeepSeek’s impact but insists Meta will keep investing heavily in AI innovation.

DeepSeek claims its R1 outperforms OpenAI’s latest o1 model despite costing a fraction of the price the U.S. AI lab charges for its large language models.

US President Donald Trump has signed a legal settlement that will see Facebook and Instagram owner Meta pay him roughly $25m (£20m). Trump sued the social media giant and its chief executive, Mark ...

The tech giants vow to barrel ahead despite the jolt from China’s DeepSeek.