Borrowing Spending - QuikReader

Meta sees AI spending accelerating as earnings top forecasts

Mark Zuckerberg cites the potential for ‘strong’ returns in coming years on heavy investments in new technology

Business - Financial Times - 5 hours ago

Meta Earnings Show Revenue Increase, Even as Spending Spree Continues

The Silicon Valley company, which owns Facebook, Instagram and WhatsApp, said it does not plan to slow down its investments anytime soon.

Business - The New York Times - 4 hours ago

Meta misses on user growth, warns of 2025 jump in AI spending

Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings.

Business - CNBC - 3 hours ago

Even Mark Zuckerberg seems surprised by Meta's pace of spending on AI

Meta CEO Mark Zuckerberg explained on the earnings call how the speed of Meta's AI technology buildout led the company to lift guidance for capex.

Business - CNBC - 1 hour ago

Liam Payne Was 'Having a Lovely Day' and Spending 'Quality Time' with Girlfriend Kate Cassidy in Final Social Media Posts

PEOPLE can confirm that the former One Direction singer died after falling from a balcony at the CasaSur Palermo Hotel in Buenos Aires, Argentina, on Wednesday, Oct. 16.

Sports - Yahoo Sports - October 16

2 in 5 U.S. credit card holders have topped out their spending limit

Lower-income earners and older people are more likely to say they've maxed out a card since the Fed starting hiking interest rates.

GOP senator: House GOP whip 'surrendering' before year-end spending battle

Sen. Mike Lee (R-Utah), chair of the conservative Senate Steering Committee, says House Republican Whip Tom Emmer (Minn.) is already “surrendering” in the fight over an omnibus spending package ...

Politics - The Hill - October 17

Dan Loeb’s Third Point says a Trump win would boost markets, drive up infrastructure spending

Third Point said it believes the Republicans will take control of both the White House and the Senate, leading to deregulation, an increase in U.S. manufacturing, and higher infrastructure spending

Business - MarketWatch - October 18

Paul Whelan says he has a form of PTSD after spending years behind bars in Russia

Paul Whelan, in his first sit-down interview since being freed in a historic prisoner swap with Russia, tells "Face the Nation" moderator Margaret Brennan that spending nearly six years being ...

Teen kayaker rescued after spending 12 hours treading water off Hawaii

A 17-year-old kayaker spent nearly 12 hours treading water and clinging to his kayak Wednesday after becoming separated from his high school paddling group, the U.S.

Teen kayaker rescued after spending 12 hours lost at sea off Hawaii's coast

A 17-year-old kayaker spent about 12 hours clinging to his kayak after becoming separated from his high school group, according to the U.S. Coast Guard. Coast Guard video shows the moment he was ...

King Charles makes relaxed start to Australian tour but spends less than 10 minutes at lunch in his honour

After a day of rest, monarch appears at Sydney lunch in his honour and gives hosts an hourglass while joking about swift passage of time. Australia royal visit live updates: Lidia Thorpe removed ...

World - The Guardian - October 20

Worries about deficit spending after election bog down U.S. government debt

With about two weeks left before the Nov. 5 election, Treasury yields extending their climb from September’s lows on Monday — spurred in part by growing concern about the path of the U.S. deficit ...

Business - MarketWatch - October 21

Trump and allies are pouring millions into anti-trans election ads as election nears

Former President Donald Trump and his Republican allies are aggressively pushing anti-trans messaging in the final stretch of the 2024 election.

CEO of Europe defense company says region faces ‘wake-up call’ to boost spending

Countries have to start building capabilities and replenish stockpiles, said CEO of Swedish defense contractor Saab.

Business - MarketWatch - October 22

Paul Tudor Jones says market reckoning on spending is coming after election: 'We are going to be broke'

Hedge fund manager Paul Tudor Jones told CNBC that government spending could cause a major sell-off in the bond market.

Business - CNBC - October 22

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