Meta Shares Slide as AI Infrastructure Spending Forecast Jumps Again
Meta Platforms’ stronger-than-expected first-quarter results were overshadowed by another increase in its artificial intelligence infrastructure budget, sending
Meta Platforms’ stronger-than-expected first-quarter results were overshadowed by another increase in its artificial intelligence infrastructure budget, sending
DHL Group’s first-quarter earnings beat showed that global logistics operators are still finding ways to defend profitability even as geopolitical disruption, r
MoonPay has acquired Sodot and launched MoonPay Institutional, a new digital assets business aimed at serving banks, asset managers, trading firms, exchanges an
Federal Bank has moved to buy a select portion of Standard Chartered Bank’s India retail credit card portfolio, giving the Indian private-sector lender a faster
Capital-FORCE has moved two Investor’s Business Daily-linked equity strategies onto its newly organized ETF platform, formally adding the CapForce IBD 50 ETF an
The Bank of Japan has warned that inflation could stay substantially above its 2% target if Japan is hit by a combination of high energy prices, a weaker yen an
Volkswagen warned it would need to deepen cost cuts after first-quarter profit fell more than expected, underscoring the scale of the earnings pressure facing t
U.S. wealth advisors are reporting a pickup in demand for tax-loss harvesting strategies ahead of midyear, as market volatility and large taxable portfolios pus
Amazon is entering a new round of investor scrutiny over costs, margins and capital intensity as the company signals a fresh phase of expense control while cont
European Union regulators have approved a new open banking framework designed to expand secure access to customer-authorized financial data, a move expected to