Meta Platforms announced a quarterly cash dividend of $0.525 per share for its Class A and Class B common stock. The dividend will be paid on September 28, 2026, to shareholders recorded by September 21, 2026. This move reflects Meta's ongoing commitment to returning value to its investors amid its focus on AI and immersive technologies for future growth.
Meta's stock surged 6.55%, adding about $100 billion in market value after strong early interest in its new AI agent, Muse, which can access users' inboxes, calendars, and payments. However, hours later, San Francisco's city attorney issued a cease-a...
Treasury yields surged to their highest levels since 2008, driven by global rate hikes and persistent wholesale energy inflation, with the 10-year yield reaching 4.93%. The European Central Bank raised rates amid commodity pressures, and U.S. wholesa...
Google has signed a long-term contract to buy half the output of Finland's Loviisa nuclear power plant through 2049, locking in stable, low-carbon electricity costs for its AI infrastructure. This deal turns a volatile expense—wholesale electricity—i...
Meta Platforms is making significant investments in AI infrastructure, aiming to sell compute capacity in a market with limited supply. Its commitments to computing resources far exceed its internal needs, indicating a strategic plan to compete with ...
Cathie Wood's ARK Invest bought 43,091 shares of Meta worth about $27.9 million while selling 84,392 Alphabet shares valued at roughly $27.8 million. This move comes after Meta's stock rose 14% in three months, while Alphabet's fell nearly 8%. Meta s...
