Meta Platforms is rolling out subscriptions for its family of apps as well as AI services. The subscriptions could drive its long-term growth and help the company monetize its AI capex.
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Despite ramping up debt to fund massive AI investments, hyperscalers still carry lower net leverage than the broader S&P 500.
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Ashraf Alkarmi will become the new CEO of Dropbox, succeeding co-founder Drew Houston.
Stocks made a strong rally with tech stocks leading the way; investors also eyed a potential extension to the ceasefire between the U.S. and Iran
Stock indexes closed higher on Wall Street, adding to the all-time highs they set a day earlier
The S&P 500 Index ($SPX ) (SPY ) on Friday closed up +0.22%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.72%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.36%. June E-mini S&P...
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A former Nvidia exec joins Western Digital's board of directors.
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Investors pricing in a decade of dominance for Micron are falling into a dangerous trap by ignoring the physical realities of the semiconductor market. The company is selling standardized hardware, and...
Right now, the top 25 largest stocks in the S&P 500 account for a staggering 52% of the total index weight.
SpaceX's reported $2 trillion valuation is being propped up by a 180-day lease to Anthropic.