Meta Platforms announced it will release its second quarter 2026 financial results after market close on July 29, 2026. The company will hold a conference call at 1:30 p.m. PT to discuss the results, which will be available live via webcast on its investor relations website. Meta also plans to post transcripts and a replay of the call. This earnings update is important as it reflects Meta's ongoing business performance and progress in its AI and immersive technology initiatives.
Meta unveiled Muse, a new AI agent aimed at consumers, during its annual Connect event. Unlike other AI companies focusing on enterprise tools, Meta is betting on a consumer-friendly AI experience, including a Tamagotchi-style device. Early user feed...
Big Tech giants like Amazon, Alphabet, Microsoft, Meta, and Oracle are investing nearly $200 billion quarterly into AI infrastructure, driving a forecasted $10 trillion total spend that could reach 3.6% of GDP annually by early next decade. This scal...
Meta's stock surged over 30% in the past month following impressive demos of its new Muse AI agent, which can complete tasks like finding subscriptions and booking flights without compromising user privacy. Despite the excitement, Meta has not yet di...
Meta launched Muse, an AI personal assistant that helps consumers manage and cancel unwanted subscriptions, addressing the growing issue of subscription bloat. With Americans spending an average of $157 monthly on subscriptions, many forget or avoid ...
Credit default swaps (CDS) for major technology companies like Nvidia, Broadcom, Oracle, and Meta are widening, reflecting increased perceived risk. This widening is accompanied by declining stock prices and rising earnings yields for Broadcom and Or...
