Jim Chanos raised concerns on Wednesday about Meta Platforms Inc. potentially overstating profits through extended ...

Meta's stock, meanwhile, has surged 9.1% in after-hours trading on a bumper earnings beat. Revenue increased 22% year-on-year ...

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories.

Both tech giants raised their capital spending on AI. Read more at straitstimes.com. Read more at straitstimes.com.

Surpassing projections for profit marks the 10th-straight quarter Meta reported a profit beat, after Meta’s EPS came more ...

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

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

In a letter published on Wednesday, the Meta CEO said that the company's goal is to bring personal superintelligence to ...

Skild AI, supported by SoftBank, has launched Skild Brain. It is an AI model for robots. This model enables robots to think ...

U.S. stocks closed lower on Tuesday as the S&P 500 and Nasdaq retreated from record highs after some disappointing corporate ...

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