Gulf mediators and Iran agree to keep talking as US strike threat loomsIsrael votes at record turnout in election too close to callCongo Ebola cases pass 10,000 as neighbours tighten quarantineHouthis claim missile strike on Ras Tanura as Egypt backs RiyadhOleshky truce holds as Nordic leaders speak with PutinDrone strikes kill 21 in Nyala and cut power across Sudan as states warn of famineChurch reports 60 Orthodox Christians killed in two Oromia attacksIndia evacuates eastern coast as very severe Cyclone Arnab nears landfallJordan strikes southern Syria after church attack, Damascus protestsAnthropic's IPO filing shows heavy losses and warns of existential risksRussian strikes damage Kyiv's South Bridge and cut power in seven regionsFlávio Bolsonaro leaves for US as Brazil cancels his passportsOil holds near $115 while gas, fuel costs and inflation stay highChina's AI stocks keep falling despite state supportFrench student groups reject concessions as finance minister rules out new spendingAI stocks rebound as Meta raises equity and Anthropic files for IPOHebron displacement nears 5,000 as officers expect pullout after voteTwo men charged over RAF Fairford incidentStudent List wins Serbian election as Croatia demands acknowledgement of 1990s warsIndonesia and Singapore plan haze task force amid tensionsBrazil's real suffers worst day in over 25 years after Lula comebackIran threatens legal action against Sinokor ships over HormuzUN commission says Israel continued genocide in Gaza after ceasefireGas exporters meet in Moscow as Iranian and Qatari leaders hold talksIndonesian bond yield hits four-year high as MSCI risk and oil weighFrench consumer confidence hits 13-year low amid protestsGulf mediators and Iran agree to keep talking as US strike threat loomsIsrael votes at record turnout in election too close to callCongo Ebola cases pass 10,000 as neighbours tighten quarantineHouthis claim missile strike on Ras Tanura as Egypt backs RiyadhOleshky truce holds as Nordic leaders speak with PutinDrone strikes kill 21 in Nyala and cut power across Sudan as states warn of famineChurch reports 60 Orthodox Christians killed in two Oromia attacksIndia evacuates eastern coast as very severe Cyclone Arnab nears landfallJordan strikes southern Syria after church attack, Damascus protestsAnthropic's IPO filing shows heavy losses and warns of existential risksRussian strikes damage Kyiv's South Bridge and cut power in seven regionsFlávio Bolsonaro leaves for US as Brazil cancels his passportsOil holds near $115 while gas, fuel costs and inflation stay highChina's AI stocks keep falling despite state supportFrench student groups reject concessions as finance minister rules out new spendingAI stocks rebound as Meta raises equity and Anthropic files for IPOHebron displacement nears 5,000 as officers expect pullout after voteTwo men charged over RAF Fairford incidentStudent List wins Serbian election as Croatia demands acknowledgement of 1990s warsIndonesia and Singapore plan haze task force amid tensionsBrazil's real suffers worst day in over 25 years after Lula comebackIran threatens legal action against Sinokor ships over HormuzUN commission says Israel continued genocide in Gaza after ceasefireGas exporters meet in Moscow as Iranian and Qatari leaders hold talksIndonesian bond yield hits four-year high as MSCI risk and oil weighFrench consumer confidence hits 13-year low amid protests
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Symbolic image: AI spending splits Big Tech results: Meta falls, Microsoft jumpsSymbolic image

AI spending splits Big Tech results: Meta falls, Microsoft jumps

5 sources

Meta's stock fell almost 8% after results missed forecasts and net profit declined, while Mark Zuckerberg said he will keep investing "aggressively" in AI infrastructure and announced entries into new business fields. Microsoft reported a 31% rise in profit with Azure cloud sales above 100 billion dollars and disclosed more than 130 billion dollars in new data-centre leases, as the Nasdaq 100 flirted with correction territory and investors questioned the scale of AI spending.

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