Meta, Tesla, and Microsoft Upstaged the Fed With Ambitious Visions and Mixed Earnings
Markets barely reacted to the central bank but then whipsawed after hours on Big Tech news.
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Meta and Microsoft Double Down on Huge A.I. Spending, Despite DeepSeek Threat
Both Meta and Microsoft committed to huge investments in artificial intelligence, despite new Chinese software outperforming American rivals at a lower cost.The New York Times - 9h -
Tesla’s Fourth-Quarter Earnings Report Sharp Drop in Profit
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.The New York Times - 23h -
Zuckerberg hails Trump administration on Meta earnings call
Meta CEO Mark Zuckerberg on Wednesday praised President Trump’s administration and said he looks forward to “redefining” the relationship the tech giant has with governments. “This is also going to ...The Hill - 21h -
Microsoft delivers an earnings beat but misses where it matters most
Investors want to see faster cloud revenue growth to justify the billions of dollars the company is investing to scale AI and Microsoft simply did not deliver.CNBC - 21h -
Tesla sees disappointing fourth-quarter earnings amid declining car deliveries
Despite disappointing sales and delivery figures, the company’s stock price has doubled in the past year . Tesla reported earnings for the fourth quarter of 2024 on Wednesday after US stock markets ...The Guardian - 22h -
Tesla earnings miss Wall Street expectations despite record sales
Tesla has been losing market share in several countries as growing competitors offer customers alternatives.CBS News - 23h -
Microsoft to report fourth-quarter earnings amid uproar over DeepSeek’s AI
Questions over multibillion-dollar spending on AI are mounting, spurred by DeepSeek’s shock to US stock market. Microsoft will report its second-quarter earnings for fiscal year 2025 Wednesday as ...The Guardian - 1d -
Microsoft earnings results will take a back seat to burning DeepSeek questions
Microsoft will report fiscal second-quarter earnings on Wednesday afternoon.MarketWatch - 1d -
‘I sense Brussels is ready to be bold and ambitious’: hope mixes with anger on Brexit’s fifth anniversary
The union jack was lowered in Brussels this week in 2020. Today, despite the problems caused by leaving, a yearning for ‘Breturn’ flowers. Andrew Moss despairs, even now, when he thinks back to the ...The Guardian - 4d
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Trump Names Acting FAA Administrator After Fatal Collision
Chris Rocheleau is an Air Force veteran who worked at the FAA for more than 20 years.Inc. - 42m -
The L.A. Fires Were a Crisis Comms Nightmare. Why?
As a crisis communications professional who lived through the fires, here’s what I think could have been done differently.Inc. - 1h -
In Search for D.C. Crash Clues, Speculation Rises About a Failure of Collision Avoidance Tech
As rescuers search the Potomac River after an American Airlines jet collided with an Army helicopter, questions emerge about whether low altitude gaps in anti-collision tech or pilot reactions to ...Inc. - 2h -
This 1 Word From Microsoft’s CFO Offered a Leadership Lesson While U.S. AI Reels Over China’s DeepSeek
Amy Hood’s steady, simple response to the upheaval caused by news of a low-cost AI rival offers a model for how company leaders can respond to tectonic industry shifts.Inc. - 2h -
SBA’s Likely New Boss Targets Its Flagship Loan Program
Former Georgia Senator Kelly Loeffler says she plans to lead the Small Business Administration with a “zero-tolerance policy” for fraud.Inc. - 3h
More in Business
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Intel issues weak forecast, but beats on fourth-quarter results
Intel said seasonality, competition and an uncertain economy are resulting in challenges to its business.CNBC - 10m -
‘My mother-in-law has done some shady stuff’: She wants to sell air rights to her home and cheated her grandchildren out of their inheritance
“She also was supposed to give each grandchild $5,000 when her father died and another $5,000 when her mom passed. That didn’t happen.”MarketWatch - 14m -
The latest step in Walgreens’ turnaround is a blow to investors
Walgreens has struggled as foot traffic at its stores dwindle and pharmacy business faces slimmer reimbursement rates on prescription drugs.MarketWatch - 14m -
Apple shares rise as boost in services revenue overshadows iPhone miss
Although Apple's overall sales rose during the quarter, the company's closely watched iPhone sales actually declined slightly on a year-over-year basis.CNBC - 15m -
Starbucks and Workers United Union Agree to Contract Mediation
A labor agreement, covering more than 500 U.S. stores, would be the company’s first. Talks stalled last year over wages.The New York Times - 17m