Meta Earnings Recap: Stock Soars 12% As AI Hiring Costs Heat up

AI Hiring Costs Surge as Stock Jumps 12% in Earnings Update

Meta’s latest earnings report had Wall Street doing a double take. CEO Mark Zuckerberg’s big talk on the company’s aggressive push in the AI race sure had its stock shooting up like a rocket. Competing in the AI talent war? It’s costing Meta a pretty penny. Meta Beats the Street Meta’s second-quarter results didn’t just […]

Stock markets rally and crude oil prices ease

Markets Surge as Oil Prices Decline

NEW YORK (AP) — Monday on Wall Street felt like that calm after a storm. U.S. stocks bounced back with a little swagger, while oil prices eased from their weekend spurt, prompted by Israel’s strike on Iranian targets. You gotta love how the S&P 500 added 0.9%, almost wiping out Friday’s dip, while the Dow […]