Meta Stocks Rise as Q1 Ad Sales Maintain Strong, 2025 AI Spending Outlook Lifted

Meta hiked Capex guidance for this year by more than 7%, reflecting additional data center investments to support its AI efforts as well as an increase in the expected cost of infrastructure hardware.

Microsoft Shares Leap Nearly 8% on Stronger Q3 Azure Cloud Revenue, Resiliency amid Uncertainty

Microsoft CFO said the company continued to bring data center capacity online as planned, demand is growing a bit faster, so it expected to have some AI capacity constraints beyond June.

Transsion's Q1 Profit Crashes Nearly 70% as It Drops Out of Global Top Five Smartphone Makers

"If the company fails to sustain product innovation while improving quality and service levels," Transsion warned in an earlier filing, "it may struggle to maintain its competitive edge."

CATL Set to Launch $5 Billion Hong Kong Listing Next Week

Trump Pressures Amazon Over Reported Plan to Show Tariff Costs on Product Pages

Trump dials up Jeff Bezos over reports Amazon might show tariff costs on product pages.

Waymo Signals Broader Ambitions Beyond Ride-Hailing in New Talks With Toyota

Nvidia Denies Rumors of China Business Spin-Off: 'No Basis Whatsoever'

In response, a Nvidia spokesperson said: “There is no basis whatsoever for any of these claims. It is irresponsible to publish baseless claims and speculation as fact.”

Microsoft CEO: Up to 30% of Company Code Now Written by AI

HSBC Anticipates Up to $1.6 Billion Loss on Reduced Stake in China's Bank of Communications

South Korea's LG Group Boosts Battery Cell Investment in Indonesia