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RARE PHOTOS: 77 | Rare Historical Photos

Big Tech is about to spend $700 billion on AI this year. No one knows where the buildout ends.

The hyperscalers are pouring unprecedented capital into chips, data centers, and power—but investors remain split on how long the surge can last.

Fortune

Meta Stock Slides As JPMorgan Downgrade Highlights Mounting AI Spending Risks

Meta Platforms is facing fresh skepticism on Wall Street after a major downgrade flagged concerns over the company's ability to generate meaningful returns from its escalating artificial intelligence investments.

International Business Times

Stocks Rally as Nasdaq 100 Posts a New Record High on Tech Earnings

The S&P 500 Index ($SPX ) (SPY ) today is up +0.39%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +1.20%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.17%. June E-mini S&P futures (ESM26 ) are up +0.35%, and June E-mini Nasdaq futures...

Barchart

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Broadcom Just Reached a 3-Year AI Chip Deal with Meta. Does That Make AVGO Stock a Buy?

Broadcom’s long-term Meta deal signals strong demand, but investors face a premium entry point.

Barchart

Meta Posted Its Best Sales Growth Since 2021—So Why Did Shares Fall?

Meta posted robust beats during Q1 2026, but this wasn't enough to overcome increased spending forecasts and a lack of clarity around AI products.

MarketBeat

Buy or Sell Meta Stock in 2026? Wall Street Bullish on AI Surge and Ad Recovery

Meta Platforms Inc. stock has delivered strong gains in 2026, leaving investors debating whether to buy more shares or lock in profits as the company bets heavily on artificial intelligence while its core advertising business continues to rebound.

International Business Times

Stocks See Support from Lower Crude Prices, While Mega-Cap Tech Earnings are Mixed

The S&P 500 Index ($SPX ) (SPY ) today is up +0.08%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.73%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.18%. June E-mini S&P futures (ESM26 ) are up +0.11%, and June E-mini Nasdaq futures...

Barchart

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Careless People by Sarah Wynn-Williams audiobook review – the insider story that Meta tried to stifle

The author reads her account of her time as a senior executive at Facebook with a mixture of dark humour and astonishment at the working culture in which she finds herself

The Guardian - UK

Google, Microsoft, Meta, and Amazon capex spending to hit $725 billion in 2026, up 77% from last year — analyst says bear thesis is 'garbage'

Google, Amazon, Microsoft, and Meta collectively plan to spend $725 billion on capex in 2026, up 77% from last year's record $410 billion.

Tom’s Hardware

Court Junks Andrew Tate's Lawsuit Against Meta After He Was Banned from Instagram Over Hate Speech

A US court has dismissed Andrew Tate's lawsuit against Meta over his Instagram ban, ruling the platform was protected under Section 230 and free to enforce its own content rules.

International Business Times UK

Apple has reportedly 'given up' on the Vision Pro headset and that doesn't seem like a good thing for VR, generally

No more Metaverse, Vision Pro apparently dead, VR just can't get a break... roll on Steam Frame.

PC Gamer

The $665 billion question: Will Big Tech's AI gamble pay off?

Also: All the news and watercooler chat from Fortune.

Fortune

Google parent Alphabet profit jumps 81% in Big Tech earnings roundup

Alphabet, Amazon, Meta and Microsoft all beat earnings expectations, as they reported on Wednesday, but Alphabet stood out, with its shares jumping 7% in extended trading on strong cloud growth.

Euronews

'Cost Of Compute Far Beyond Employees' — Nvidia Insider Blows Lid Off AI's Insane Hidden Price Tag

Nvidia's Bryan Catanzaro reveals that AI compute costs now exceed employee salaries, highlighting the significant operational expenses in AI development and sparking industry debate

International Business Times UK

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Fortune

Microsoft, Meta, and Google just announced billions more in AI spending. Only Google convinced investors it’s paying off.

Surging prices due to memory chip shortages have led to billions more in capital expenditures from Magnificent 7 companies—and many investors don’t like it.

Fortune

Meta is spending up to $145 billion this year on AI. When asked about signs of ROI, Zuckerberg said ‘that’s a very technical question’

CEO Mark Zuckerberg is planning to spend more on infrastructure in 2026 than Meta did in all of 2024 and 2025. Meta's stock fell 6% in after-hours trading.

Android Central

Meta's Q1 2026 earnings are in, and it looks like Zuckerberg's blank check for AI spending is raising some eyebrows

Meta is all about AI these days, and the company's Q1 2026 earnings call showed that this is costing a lot of money.

The Guardian - US

Tech giants’ results show rosy outlook for AI boom and US stock market

Google, Microsoft and Amazon report gains in cloud-computing businesses while Meta spending draws concern

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The Independent UK

Meta beats revenue expectations, boosts capital spending forecast for 2026

Meta Platforms Inc. reports strong first-quarter results, surpassing expectations with significant earnings growth, but the stock slipped in after-hours trading

Fortune

Meta quietly rolls out stablecoin payments four years after shelving controversial Libra project

Creators can receive payouts in the stablecoin USDC on the Solana and Polygon blockchains, according to a new page on Meta’s website.

Barchart

Meta Platforms Is Betting on Space-Based Solar Power as AI Drives Power Demands. Northrop Grumman Stock Could Be a Winner.

As AI power demand explodes, Meta’s bold bet on space-based solar could spotlight Northrop Grumman as a winner in the race.

MarketBeat

Corning Beats Q1 Estimates but Drops 9% on Guidance Miss

Corning beat Q1 2026 estimates with 18% revenue growth and three hyperscale contracts signed, but shares fell 9% on a slight Q2 guidance miss.

Barchart

The 228% Reality Check: Why the Stock Market Is Demanding the Impossible from AI

The stock market has detached from fundamental reality, pushing the Buffett Indicator to a staggering 228%. Regardless of how stellar Big Tech's Q1 earnings are, the math of macroeconomics guarantees an inevitable landing for overheated AI expectations.

MarketBeat

AMD's Poker Face: Reading the Tell in a Panic-Driven Market

A macro-driven selloff in Advanced Micro Devices is creating a dislocation between its current price and its strong forward-looking hardware catalysts.

International Business Times

EU Flags Meta For Failing To Enforce Age Limits On Facebook, Instagram

Meta has been charged by European regulators for failing to prevent children under 13 from accessing Facebook and Instagram.

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