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Meta Makes $10 Billion Bet On AI,Servers As Ad Business Struggles

by Ana Teresa Solá | Nov 2, 2022

Meta Platforms, Inc. shelled out $10 billion on artificial intelligence and servers in the third quarter, raising hopes on Wall Street that the social media giant can claw its way out of an advertising rut that has weighed on its top line. The Facebook parent company...
Though Sell-Off Continues for a Third Week, Big Tech Stock’s Future Seems Bullish

Though Sell-Off Continues for a Third Week, Big Tech Stock’s Future Seems Bullish

by Minji Koo | Sep 20, 2020

Big technology stocks have had three rough weeks, triggering the tech collapse of 2000. But as the pandemic drags on, analysts are optimistic. The Big tech’s sell-off and mini-bounce back since its initial drop in early September sparked debate over whether this...

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Welcome to Investment Journal, a site covering the world of business right from Times Square. The site is produced by reporters at a newsroom in Times Square at the New York City News Service and the Craig Newmark Graduate School of Journalism at CUNY. Email your comments to greg.david@journalism.cuny.edu.

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