Tech

Meta shares rise as steady spending eases investor concerns

Meta shares surge over 11% as steady capital spending boosts investor confidence amid ongoing AI investment successes

Published

7 months ago

July 31, 2025

Ahron Young

Meta shares surge over 11% as steady capital spending boosts investor confidence amid ongoing AI investment successes

In Short:
– Meta’s capital-spending forecasts ease investor worries, with shares rising over 11% after the announcement.
– The company exceeded sales and net income expectations, predicting 17% to 24% revenue growth this quarter.

Meta has reported steady capital-spending projections for the first time this year, alleviating investor concerns regarding Chief Executive Mark Zuckerberg’s AI investments.

Shares surged over 11% in after-hours trading following these announcements.The company’s advertising business continues to fund its ambitious AI initiatives, with sales reaching $47.5 billion, surpassing analyst expectations.

Net income for the April-to-June period was $18.3 billion, also exceeding market predictions. Meta anticipates revenue growth between 17% and 24% year-over-year for the current quarter.

AI Investments

Zuckerberg has focused on developing personal superintelligence through recent investments, including a $14 billion stake in Scale AI.

Despite setbacks with launching new AI models, he is optimistic about AI transforming Meta’s advertising and user experience.

Challenges remain, particularly in attracting and retaining AI talent, with Zuckerberg reportedly offering lucrative packages to prospective researchers.

Consequently, Meta’s daily active users grew by 6% year-over-year in June, reflecting user engagement across its apps.

Tech

Apple set to unveil budget iPhone 17e, new iPads and low-cost MacBook

Apple’s Tim Cook announces major product reveals this week, highlighting budget iPhone 17e, new iPads, and low-cost MacBook.

Published

5 days ago

February 27, 2026

Harvey Vargas

Apple’s Tim Cook announces major product reveals this week, highlighting budget iPhone 17e, new iPads, and low-cost MacBook.

Apple Inc. CEO Tim Cook has confirmed a major week of product announcements kicking off Monday morning, building momentum toward a global “Apple Experience” event across New York, London and Shanghai. The tech giant is expected to spread its reveals across three days, fuelling speculation about its biggest refresh cycle yet.

Leading the buzz is the rumoured budget-friendly iPhone 17e, signalling Apple’s push to capture more price-conscious consumers without sacrificing performance. Two new iPads powered by advanced chips are also tipped to headline the lineup, pointing to stronger AI capabilities and faster processing speeds.

Rounding out the expected reveals is a low-cost 12.9-inch MacBook that’s already generating serious interest, alongside updated MacBook Pro models and a refreshed Mac Studio. It’s shaping up to be one of Apple’s most significant multi-product launches in recent years.

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#Apple #TimCook #iPhone17e #AppleEvent #TechNews #iPad #MacBook #Innovation

Tech

Nvidia posts record revenue as AI fears shake investors

Nvidia’s £68.1 billion revenue, up 73%, raises investor concerns about AI’s impact and tech customers’ financial health.

Published

5 days ago

February 27, 2026

Harvey Vargas

Nvidia’s £68.1 billion revenue, up 73%, raises investor concerns about AI’s impact and tech customers’ financial health.

Nvidia posted strong quarterly earnings, but Wall Street remained unimpressed, causing shares to fall 5%. Analysts point to investor concerns over AI dominance and a stalled $100 billion deal with OpenAI.

Experts discuss what factors in the earnings report failed to meet market expectations, including revenue projections and details around the Vera Rubin chip architecture. Competition from alternative chipmakers and scrutiny of hyperscaler cash flows are also shaping investor sentiment.

Despite recent setbacks, analysts remain cautiously bullish on Nvidia, highlighting long-term AI potential and the company’s dominant position in the chip market.

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Tech

Meta launches lawsuits over alleged scam advertising operations

Meta targets scam advertising networks in Brazil, China, and Vietnam, intensifying its crackdown on scams across its platforms.

Published

5 days ago

February 27, 2026

Harvey Vargas

Meta targets scam advertising networks in Brazil, China, and Vietnam, intensifying its crackdown on scams across its platforms.

Social media giant Meta has launched aggressive legal action targeting alleged scam operations using its platforms. The company has filed lawsuits against four advertising networks based in Brazil, China and Vietnam.

Meta has also issued cease and desist letters to eight marketing consultants accused of helping clients bypass the platform’s enforcement systems. The move signals a tougher stance on organised scam activity operating at scale.

While no criminal charges have been laid, Meta says it is doubling down on efforts to protect users and restore trust across its platforms as scam activity continues to rise globally.

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