Latest in Military Spending Vat
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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 technologyBusiness - 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 estimatesBusiness - 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 ...Top stories - CBS News - Yesterday -
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. SenateTop stories - ABC News - Yesterday -
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 quarterBusiness - 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 spendingBusiness - Financial Times - 11 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 borrowingBusiness - Financial Times - 14 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 - 12 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 - 11 hours ago -
The Budget Hawk Atop a Tech Giant's $64 Billion Spending Spree
Amy Hood is at the center of Microsoft’s bet-the-company dive into AI.Tech - The Wall Street Journal - 1 hour ago -
Middle East live: Four Israeli soldiers killed in Hezbollah drone attack; US to send antimissile system to Israel
US to deploy Terminal High-Altitude Area Defense battery and associated crew to help ally . See all our coverage of the Israel-Gaza war Iran has “no red lines” when it comes to defending its ...World - The Guardian - October 13 -
Pentagon will send advanced missile defense system, military personnel to Israel
The U.S. will send to Israel a missile defense system and military personnel to operate it, the Pentagon announced Sunday. Defense Secretary Lloyd Austin authorized the deployment of a Terminal ...Politics - The Hill - October 13 -
U.S. to send anti-missile system to Israel along with military crew to operate it
Intense overnight strikes in southern Lebanon; Israel releases Hamas documentsTop stories - NBC News - October 13 -
Israel says 4 soldiers killed by Hezbollah drone attack while Israeli strike in Gaza leaves 20 dead
Israel’s military says four soldiers were killed in a Hezbollah drone attack on an army base Sunday eveningWorld - ABC News - October 14 -
China holds military drills around Taiwan to warn against independence
China conducted large-scale military drills surrounding Taiwan on Monday, in response to Taiwanese President Lai Ching-te's national day speech that China has no right to represent Taiwan.Top stories - NBC News - October 14 -
China deploys record 125 warplanes in large scale military drill in warning to Taiwan
Taiwan’s Defense Ministry called the drills a provocation.World - ABC News - October 14 -
FirstFT: China launches large military exercises near Taiwan
Also in today’s newsletter, Trump backs strong dollar, says adviser, and EY delays start dates for recruitsWorld - Financial Times - October 14 -
China conducts military drills around Taiwan in warning to island’s president
PLA and Chinese coastguard approach Taiwan by sea and air in move linked by state media to ‘separatist’ National Day speech. Chinese military and coastguard personnel surrounded Taiwan’s main ...World - The Guardian - October 14 -
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Trump suggests using National Guard, military against 'enemy from within'
Former President Trump in a Sunday interview suggested using the National Guard or the military on Election Day to combat what he described as potential chaos from “the enemy from within” – a group ...Politics - The Hill - October 14