IT services sector faces challenges due to lack of investments, shareholder value obsession, diminishing ability to take risks, and declining margins.

Looking ahead to the third quarter, the analysts noted that guidance suggests higher AI investment spending, albeit supported ...

Wall Street weighed a tariff reprieve for Mexico, new trade deal with South Korea, and strong earnings from Meta and ...

Stocks fell sharply Friday as investors responded to President Donald Trump's latest moves on tariffs and an employment ...

Gloomy guidance and increased cloud competition weigh on Amazon's stock, despite solid earnings beat - SiliconANGLE ...

Following an exceptionally strong second-quarter earnings report and optimistic third-quarter guidance issued on Wednesday, Meta Platforms (NASDAQ:META) has seen a wave of positive reratings and ...

Meta reported robust second-quarter results for the period ending June 30, with earnings per share coming in at $7.14 and revenue hitting $47.5 billion ...

Live Updates Live Coverage Has Ended Thursday Wrap-up 4:07 pm The Vanguard S&P 500 ETF closed Thursday at 580.95, down 0.4% ...

The company just crushed Wall Street's earnings expectations, fueled by AI-driven efficiency gains in its thriving ad ...

US markets opened higher Thursday, led by Microsoft and Meta gains after strong earnings; investors eye upcoming Apple, ...

Meta raced to a new all-time high on Wall Street, with the parent company of Facebook and Instagram seeing its share price ...

Earnings per share for Meta rose to $7.14 versus Wall Street’s consensus estimate of $5.88, according to FactSet, and up from ...