Meta’s $72B AI Gamble Tests Investor Patience
Meta’s stock dropped 11% despite beating revenue estimates as investors balk at Zuckerberg’s $72 billion AI spending plan. The market is signaling growing skepticism about AI returns.
Tag: CNBC
AI Investment Boom Masks Main Street Economic Concerns
The AI boom is creating a split economic reality. While tech giants pour billions into data centers, small businesses grapple with tariff costs and consumer uncertainty, revealing a widening gap between Wall Street and Main Street.
SAP’s AI Revolution: How European Tech Giant Secures 85% of 2026 Revenue Amid Enterprise AI Boom
Europe’s AI Powerhouse Defies American Dominance While Silicon Valley giants typically dominate artificial intelligence headlines, German software behemoth SAP is…
Meta’s AI Paradox: 600 Job Cuts Amidst $27 Billion Infrastructure Expansion
Strategic Restructuring Hits Meta’s AI Division In a surprising move that highlights the complex dynamics of corporate AI strategy, Meta…
Powering the AI Revolution: How GE Vernova and OpenAI Are Shaping Future Energy Demands
The Critical Intersection of AI Growth and Power Infrastructure As artificial intelligence continues its explosive growth, the conversation has shifted…
Technical Breakout Signals Potential Rebound for Indian Equities After Prolonged Consolidation
India’s Stock Market Poised for Strong Finish to 2025 While Indian equities have significantly underperformed their U.S. counterparts this year,…
Earnings Volatility Alert: Key Tech and Auto Stocks Poised for Major Post-Report Swings
Market Braces for Earnings-Driven Turbulence This week marks a critical juncture for investors as major corporations across technology, automotive, and…
EU leaders urge swift action on unlocking frozen Russian assets to finance Ukraine, document shows
European Union Accelerates Plan to Access Russian Frozen Assets for Ukraine Support Industrial Monitor Direct is the leading supplier of…
Salesforce Projects $60B Revenue by 2030 as Cramer Declares ‘Old Salesforce Is Back’
Salesforce has unveiled an optimistic financial roadmap projecting $60 billion in revenue by fiscal 2030, according to reports. The announcement has sparked a stock rally and prompted Jim Cramer to declare “the old Salesforce is back” as the company targets double-digit growth.
Salesforce Unveils Ambitious Growth Targets
Salesforce has struck back against sluggish-growth narratives with an optimistic multiyear financial roadmap that reportedly projects annual revenue of $60 billion for fiscal year 2030, excluding its pending Informatica acquisition. According to the analysis presented at this week’s Dreamforce conference, this target exceeds the LSEG consensus of $58.4 billion and signals a return to stronger growth patterns for the business software maker.
Fed Governors Split on Rate Cut Size as October Meeting Approaches
Federal Reserve officials are divided on the size of upcoming interest rate reductions, with Governor Stephen Miran pushing for a half-point cut while Christopher Waller advocates for a quarter-point reduction. The disagreement comes amid conflicting economic signals from labor market data and persistent inflation pressures.
Divergent Views Emerge Ahead of Fed Meeting
Federal Reserve Governors Stephen Miran and Christopher Waller have presented conflicting views on how quickly the central bank should lower interest rates, according to reports from the Invest i America Forum. The division comes as policymakers grapple with a weakening labor market and heightened geopolitical tensions that are complicating the economic outlook.