Meta Platforms is investing heavily in its Hyperion campus in Louisiana, with Bloomberg estimating the total cost could exceed $250 billion, though Meta has publicly confirmed spending over $50 billion. The campus will eventually support 1,000 permanent jobs and thousands of temporary and indirect jobs, but the high cost reflects the capital-intensive nature of AI infrastructure, focusing on expensive computing hardware rather than labor. The project, spanning 10 million square feet and 4,000 acres, is expected to be fully built by 2036, with significant community benefits including energy programs and local contracts. Key milestones to watch include power plant completions, Meta's cash flow recovery, and job creation progress.
Meta and Alphabet reported strong Q2 2026 results with Meta's ad revenue growing 27% and Alphabet's Cloud business accelerating 82%. Despite this, Meta trades at 22 times earnings and Alphabet at 17 times, which is cheap for their growth levels. Meta...
Goldman Sachs downgraded Advanced Micro Devices (AMD) to a Sell rating despite the company reporting record Q2 revenue of $11.54 billion, driven largely by its Data Center segment which accounts for 58% of sales. AMD projects strong Q3 revenue of $13...
Meta has partnered with North America’s Building Trades Unions (NABTU) to access its apprenticeship and training programs, aiming to meet the rising demand for skilled trades workers needed to build and maintain AI infrastructure across the U.S. This...
Meta Platforms shares dropped nearly 8% after Q2 earnings missed EPS expectations by 14.4%, despite revenue growth of 28%. The company reported a massive $31 billion quarterly capital expenditure as it invests heavily in AI infrastructure and busines...
Vanguard's VTSAX mutual fund, though low-cost on paper, can incur significant hidden expenses like capital gains taxes, a $3,000 minimum investment, and transaction fees outside Vanguard platforms. Its ETF counterpart, VTI, offers the same broad US m...
