Sees Ai 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 - 7 hours ago

Amex sees strong discretionary spending, but stock retreats after solid 2024 run

The company says new member benefits are resonating with younger generations.

Business - MarketWatch - October 18

Saab Sees Sales at Upper End of Guidance as Defense Spending Surges

The Swedish defense company said demand remained high across its business units, but it noted significant strength in its dynamics division, which produces equipment such as ground combat weapons ...

Business - The Wall Street Journal - October 22

Investors Want to See a Payout on Microsoft’s AI Efforts

As the tech giant readies a report of what’s forecast as its slowest quarterly growth in a year, shareholders want to see genuine demand for the AI applications it’s spent billions to develop.

Business - Inc. - 2 days ago

Enterprise AI moves from ‘experiment’ to ‘essential,’ spending jumps 130%

Wharton research shows dramatic surge in enterprise AI adoption, with spending up 130% and smaller companies leading in implementation rates.

Tech - VentureBeat - 2 days 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 - 5 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 - 3 hours ago

Gartner: 2025 will see the rise of AI agents (and other top trends)

Also keep an eye on AI governance tools, hybrid computing, disinformation security, post-quantum cryptography and even more out-there tech.

Tech - VentureBeat - October 21

Some Storm Victims Seeing $1,000 Disaster Aid Through AI

The nonprofit GiveDirectly intends to send direct payments of $1,000 to households impacted by Hurricanes Helene and Milton.

Business - Inc. - 5 days ago

Apple, Meta and Amazon must show the stock market that AI spending is paying off

Big-tech bellwethers facing scrutiny on whether they are meeting competitive challenges.

Business - MarketWatch - 7 hours ago

Microsoft reports quarterly sales up 16% to $65.6 billion as investors ask if AI spending worth it

Microsoft on Wednesday reported its quarterly sales grew 16% to $65.6 billion as the company sought to assure investors its huge spending on artificial intelligence is paying off

Tech - ABC News - 1 hour ago

Nvidia’s stock sets one record but falls short of another

While TSMC issued upbeat commentary on the state of the AI market, Wall Street perhaps already had that confidence.

Business - MarketWatch - October 17

Filmmakers Are Worried About AI. Big Tech Wants Them to See ‘What's Possible’

Amazon is hosting AI filmmaking competitions. Meta is letting directors test Movie Gen. As tech companies develop new tools, they need filmmakers to show they can be used responsibly.

Tech - Wired - October 17

Reddit’s Sees First-Ever Profit as Explosive User Growth and AI Tools Help it Soar

The social discussion platform beat Wall Street analyst forecasts, with quarterly sales results better than 10 percent above estimates.

Business - Inc. - 9 hours ago

The Future of AI Is AI Building AI for AI

What if the future is even more dystopian than they’re letting on?

Business - Inc. - October 13

Debt rule to change to fund major projects

Government claims the move contrasts with former PM Liz Truss's controversial mini-Budget.

Cabinet fightback: the revolt over spending

Plus, the English justice system in crisis

World - Financial Times - October 18

Team Behind Starface Pimple Patches Takes On Fentanyl Test Strips

The founders of Starface took the shame out of blemishes. Now, they’re hoping to make it less risky to use recreational drugs and alcohol.

Lifestyle - The New York Times - 11 hours ago

Reeves eyeing £40bn in tax rises and spending cuts

Filling the £22bn financial "black hole" would only be enough “to keep public services" still, she told a meeting.

Companies curb UK advertising spending ahead of the Budget

Marketing budgets fail to grow for the first time in 14 quarters, trade body finds

Business - Financial Times - October 16

Ministers complain to Starmer over spending cuts

Some Cabinet members are alarmed at the scale of cuts being sought to plug a rumoured £40bn gap.

Why Meta and Snap are spending billions on AR glasses

Meta CEO Mark Zuckerberg and Snap CEO Evan Spiegel are betting big that augmented-reality glasses will replace the smartphone.

Business - CNBC - 6 days ago

Harris to spend election night at Howard University

Vice President Harris will spend election night at Howard University, her alma mater in Washington, D.C., a source familiar told The Hill. Harris primary home is in California, but she has chosen ...

Politics - The Hill - 14 hours ago

Chris Mason: A change-making Budget and a moment of jeopardy

The government's fate will depend on whether it can make things better, says political editor Chris Mason.

UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing

Taxes rise as chancellor delivers the first Labour budget since 2010

Business - Financial Times - 19 hours ago

The NHS and education are big winners in Reeves’ spending plan

But some Whitehall departments including the Home Office face real terms cuts to their budgets

World - Financial Times - 7 hours ago

The Papers on the Budget: 'Spending power' and 'nightmare on Downing Street'

Reactions to the Budget, which saw large rises in both tax and public spending, lead the papers.

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