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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 - 6 days 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 - 6 days ago
Uber shares slide on slowing bookings growth

Forecast for customer spending on ride-hailing app fell slightly short of Wall Street’s estimates
Business - Financial Times - 5 days ago
Holiday spending tips to avoid impulse buys and stay on budget

A recent study reveals Gen Z and Millennials are most likely to make impulse buys during the holidays than Gen X and Baby Boomers. Jill Schlesinger joins "CBS Mornings Plus" with tips to make ...
Top stories - CBS News - 5 days ago
Struggle for Senate control goes down to the wire as spending shatters records

Billions of dollars in ads are raining down on voters across the Rust Belt, Rocky Mountains and American southwest as the two major political parties struggle for control of the U.S. Senate
Top stories - ABC News - 5 days ago
AI demand drives growth and higher spending at Amazon’s cloud business

Ecommerce company’s shares rise as it also gives an upbeat forecast for the holiday quarter
Business - Financial Times - 5 days ago
Wall Street frets over Big Tech’s $200bn AI spending splurge

The four biggest US internet groups this week showed glimpses of benefits but warned of increased spending
Business - Financial Times - 4 days ago
Rachel Reeves defiant after historic tax and spend Budget

Verdict of markets will be critical for UK chancellor’s plans to increase government borrowing
Business - Financial Times - 4 days ago
Construction spending ticks up to four-month high in September

Construction spending rose 0.1% in September, the Commerce Department reported Friday.
Business - MarketWatch - 4 days ago
Wayfair customers are more price conscious, have cut spending as election nears

Wayfair’s stock turned lower as some downbeat comments about the home-goods seller’s customers followed an earnings beat.
Business - MarketWatch - 4 days ago
Israeli budget hikes military spending, VAT, cuts social services

World - Yahoo News - 4 days ago

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