The Latest Breaking News from Doug Anmuth

Meta Platforms (NASDAQ:META) raised its CapEx spending outlook after third-quarter financial results. Analysts are mixed on how the spending will help the company in the short- and long-term.

Although Alphabet Inc.'s (NASDAQ:GOOGL) stock is the second-best-performing among the Magnificent Seven so far this year, there is still room for further upside, according to JPMorgan.

Netflix, Inc. (NASDAQ: NFLX), as shares traded relatively flat on Thursday, remains a prime beneficiary—and key driver—of linear TV’s disruption, with globally resonant content fueling a flywheel of subscriber growth, rising revenue, and expanding profit.

The U.S. General Services Administration (GSA) launched a new initiative on Monday with Meta Platforms (NASDAQ:META) to expand government-wide use of Meta’s open-source Llama artificial intelligence models, giving all federal agencies streamlined access. The move reflects the GSA’s OneGov strategy, eliminating the need for individual agency negotiations and reducing duplication…

Meta Platforms, Inc. (NASDAQ:META) shares are trading slightly higher on Thursday.

Webtoon Entertainment Inc (NASDAQ:WBTN) announced a major expansion of its partnership with Walt Disney Co (NYSE:DIS).

As the gig economy evolves, companies are increasingly leveraging artificial intelligence to enhance operational efficiency and drive sustainable growth. This technological shift opens up new possibilities for businesses to streamline processes and innovate, setting the stage for significant strategic transformations.

Pet ecommerce company Chewy Inc (NYSE:CHWY) is set to report its second-quarter earnings before market open on Wednesday, with analysts eyeing potential growth in recurring revenue and subscription services.

Chewy, Inc. (NYSE:CHWY) will report its second-quarter fiscal 2025 results on September 10, with Wall Street closely watching the online pet retailer’s ability to sustain growth in a resilient but increasingly competitive category.