Silicon Valley leaders from Sam Altman to Satya Nadella react to their new rival DeepSeek
Meta, Nvidia, and other tech giants react to DeepSeek's competitive, cost-efficient models that challenge established market ...
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DeepSeek's AI Shockwave Challenges U.S. Tech Giants' Spending Spree
Chinese startup DeepSeek's low-cost AI models have unsettled the U.S. tech industry, causing leaders at Microsoft and Meta to justify extensive investments in computing infrastructure. As their share ...
Microsoft stock moves lower after Q2 cloud revenue fell short of expectations
Microsoft stock continued to move lower Thursday morning after the company reported its Q2 earnings on Wednesday that missed estimates on key cloud revenue.
Microsoft stock slumps 5% on disappointing revenue outlook
Microsoft shares dropped 5% after issuing weak current-quarter guidance. The software giant topped Wall Street's fiscal second-quarter estimates, posting earnings of $3.23 per share on $69.63 billion ...
Stock market today: Meta Platforms leads most of Wall Street higher
The S&P 500 was up 0.6% in early trading. The Dow Jones Industrial Average was up 127 points, or 0.3%, as of 9:50 a.m. Eastern time, and the Nasdaq composite was 0.7% higher. Meta Platforms helped ...