Layoffs in the tech industry are increasing as companies that are spending the most on AI infrastructure are simultaneously cutting thousands of jobs. Meta said on Thursday that it's cutting 10% of it
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) has signed a multiyear agreement with Amazon Web Services (AWS) to deploy tens of millions of AWS Graviton cores, strengthening its compute capacit
Meta told staff on Thursday that it planned to eliminate 10% of its workforce. Inside the company, employees are bracing for weeks of limbo as they wait to find out who will be cut.
Meta Platforms ramps up creator tools as Edits app usage surges and AI adoption jumps, fueling engagement and supporting a strong revenue outlook.
Meta Platforms (META, Financials) has agreed to a multiyear deal with Amazon to deploy its bespoke Graviton5 processors as the business builds out infrastructur

Tech Earnings Ahead

11:56am, Friday, 24'th Apr 2026
Pre-market futures are off their early morning highs, but still mostly in positive territory. Cease-fire talks look promising, as Iran reportedly is sending negotiators to Pakistan and plans are for a
Here, we pick four Internet stocks - XYZ, ANET, META and GOOGL - that are likely to pull off a beat this earnings season.
The Nasdaq is by far the outperformer among major indexes at this hour, +315 points or +1.17%.
Meta has signed an agreement that it said makes the company one of the world's largest customers of AWS Graviton cores, which are processing cores purpose-built for the demands of agentic artificial i
Meta will use hundreds of thousands of Graviton chips from Amazon Web Services in a deal that will last at least three years. CNBC's Kristina Partsinevelos has the details.
We are not yet convinced Alphabet Inc. aka Google is overspending on AI. But the painful lessons from Meta and Intel show that “build it and they will come” bets can destroy hundreds of bn in inve
Live Updates The analyst who called NVIDIA in 2010 just named his top 10 AI stocks This analyst's 2025 picks are up 106% on average. He just named his top 10 stocks to buy in 2026. Get them here FREE.
Facebook parent Meta signed a deal to deploy tens of millions of Amazon's Graviton5 processor cores for agentic AI workloads, the latest major customer win for Amazon's growing custom silicon business
Get a deeper insight into the potential performance of Meta Platforms (META) for the quarter ended March 2026 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates fo
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