Along with better-than-expected earnings, Meta on Wednesday reported record capital expenditures that hit $14.8 billion in Q4 of 2024 and $39.2 billion for the full year. The company also said that it ...
United Parcel Service, Inc. (UPS) reported Thursday higher profit in its fourth quarter with growth in revenues. Adjusted earnings ...
Tesla (NASDAQ:TSLA), the electric vehicle manufacturer, has projected its capital expenditure to surpass $11 billion by 2025, according to a recent 10-K filing. This estimate exceeds the Bloomberg ...
Tesla expects capital expenditure to exceed $11 billion this year and in each of the following two fiscal years, the electric ...
US tech CEOs are scrambling to justify mega spending on developing AI after China's DeepSeek undercut for similar ...
"Investing 'very heavily' in capital expenditure and infrastructure is going to be a strategic advantage over time," Meta CEO ...
Microsoft said that its capital expenditures soared in its fiscal second quarter $22.6 billion, up 96% from $11.5 billion a year ago, to support the demand in its cloud and AI offerings. In its slides ...
The software company emerged as a front-runner in Big Tech's AI race last year thanks to its early bet on OpenAI, but ...
SOUTH BEND — Officials from the South Bend Community School Corp. (SBCSC) said there has been a cost increase each year in ...
The name change celebrates the unification of Phoenix Energy’s distinct business divisions including operating and minerals and non-operating working interests. The combination of these divisions ...
Meta’s stock price dipped more than 4% on Oct. 31, a day after CFO Susan Li rattled investors with news the company was expecting “significant” capital expenditure growth in 2025 driven primarily by ...
During the podcast, Saxena said the Delhi Jal Board spent Rs 28,000 crore in capital expenditure over seven years, a sum enough to replace every pipeline in the city. “The people of Delhi are ...