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Meta beat revenue forecasts, but a $135 billion to $145 billion spending plan and its first negative quarterly free cash flow in years rattled investors. Here is what the numbers mean for the AI race.
CoreWeave's credit default swap spreads have surged past 1,000 basis points, pricing in a more than 60% chance of default within five years. The distress signals growing investor anxiety over the massive
The IMF raised its 2026 global growth forecast to 3.1% from 3.0%, crediting strong AI investment with offsetting the Middle East energy shock, while warning that gains are concentrating in fewer countrie
Saudi Arabia's LEAP technology event has produced approximately $15 billion in planned technology investments and strategic commitments. The development comes as Gulf states compete aggressively to estab
South Korea has announced plans to use surplus tax revenue from its booming semiconductor industry to fund a massive Future Response Fund for AI, youth programs, and regional development. Estimates sugge
Dutch banking giant Rabobank has committed €2 billion ($2.30 billion) over the next three years to strengthen its data, technology, and AI infrastructure. The move reflects an accelerating industry-wide
