Keep pulling the thread on Meta Platforms.
Google is demonstrating strong performance with significant AI-related revenue and cloud growth, exceeding prior market expectations.
Anthropic is reportedly seeking a new funding round at a valuation of over $900 billion.
The Federal Reserve decided to leave interest rates unchanged in its latest meeting.
Federal Reserve Chair Jay Powell announced he will remain at the Federal Reserve as a governor after his term as chair concludes.
Federal Reserve Chair Jay Powell stated his decision to remain as a governor is necessary until the threat of a criminal investigation has passed.
Federal Reserve Chair Jay Powell believes the institution is under 'legal assault' and is being forced to use the courts to protect its ability to make monetary policy without political considerations.
Late market gains in Alphabet and Amazon contributed to a rise in U.S. equity futures.
Meta Platforms and Microsoft shares declined in post-market trading due to investor concerns over AI spending.
Meta is facing investor skepticism due to uncertainty about when its AI-related revenue will justify its high capital expenditure.
Investor confidence in Meta's ability to successfully monetize its AI technology is waning.
Anthropic and OpenAI are perceived as making significant progress in monetizing their AI technologies, in contrast to Meta.
Microsoft's earnings were negatively impacted by investor doubt that its AI revenue growth can keep pace with its AI-related spending.