Giant's Billion Spending

Treasury failed to disclose ‘material’ spending pressures under Hunt, says OBR

Watchdog says it cannot tell how big ‘black hole’ inherited by Rachel Reeves would have been with full transparency

World - Financial Times - 2 days ago

United Airlines raises spending requirements to earn frequent flyer status

United Airlines customers will have to spend more to reach frequent flyer status next year, the latest move by the carrier to increase profits and give an exclusive feel to the increasingly crowded ...

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 - Yesterday

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 - Yesterday

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 - 2 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 - 2 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 - Yesterday

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 ...

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

Amazon Shares Rise on Robust Demand, Surge in AI Infrastructure Spending

The tech company’s capital expenditures reached a quarterly record amid a big build-out of artificial-intelligence infrastructure.

Business - The Wall Street Journal - Yesterday

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 - Yesterday

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 - 18 hours 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 - 21 hours 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 - 19 hours 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 - 18 hours ago

Israeli budget hikes military spending, VAT, cuts social services

World - Yahoo News - 16 hours ago

Steve and Connie Ballmer on Ballmer Group

In a 60 Minutes interview, former Microsoft CEO and LA Clippers owner Steve Ballmer and his wife Connie share their vision for philanthropy and address whether they'd ever be in the market for ...

OpenAI’s Journey to $157 Billion Chronicled in Documents

OpenAI originally applied to be recognized as a tax-exempt charitable organization by the IRS in 2016.

Business - Inc. - October 13

Latest in Giant's Billion Spending

Treasury failed to disclose ‘material’ spending pressures under Hunt, says OBR

United Airlines raises spending requirements to earn frequent flyer status

Meta sees AI spending accelerating as earnings top forecasts

Meta Earnings Show Revenue Increase, Even as Spending Spree Continues

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

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

Uber shares slide on slowing bookings growth

Holiday spending tips to avoid impulse buys and stay on budget

Struggle for Senate control goes down to the wire as spending shatters records

Amazon Shares Rise on Robust Demand, Surge in AI Infrastructure Spending

AI demand drives growth and higher spending at Amazon’s cloud business

Wall Street frets over Big Tech’s $200bn AI spending splurge

Rachel Reeves defiant after historic tax and spend Budget

Construction spending ticks up to four-month high in September

Wayfair customers are more price conscious, have cut spending as election nears

Israeli budget hikes military spending, VAT, cuts social services

Steve and Connie Ballmer on Ballmer Group

OpenAI’s Journey to $157 Billion Chronicled in Documents

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