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The Latest Breaking News from Meta

The $665 billion question: Will Big Tech's AI gamble pay off?

Also: All the news and watercooler chat from Fortune.

Fortune

Google parent Alphabet profit jumps 81% in Big Tech earnings roundup

Alphabet, Amazon, Meta and Microsoft all beat earnings expectations, as they reported on Wednesday, but Alphabet stood out, with its shares jumping 7% in extended trading on strong cloud growth.

Euronews

'Cost Of Compute Far Beyond Employees' — Nvidia Insider Blows Lid Off AI's Insane Hidden Price Tag

Nvidia's Bryan Catanzaro reveals that AI compute costs now exceed employee salaries, highlighting the significant operational expenses in AI development and sparking industry debate

International Business Times UK

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read the most diverse news in one place.

Microsoft, Meta, and Google just announced billions more in AI spending. Only Google convinced investors it’s paying off.

Surging prices due to memory chip shortages have led to billions more in capital expenditures from Magnificent 7 companies—and many investors don’t like it.

Fortune

Meta is spending up to $145 billion this year on AI. When asked about signs of ROI, Zuckerberg said ‘that’s a very technical question’

CEO Mark Zuckerberg is planning to spend more on infrastructure in 2026 than Meta did in all of 2024 and 2025. Meta's stock fell 6% in after-hours trading.

Fortune

Meta's Q1 2026 earnings are in, and it looks like Zuckerberg's blank check for AI spending is raising some eyebrows

Meta is all about AI these days, and the company's Q1 2026 earnings call showed that this is costing a lot of money.

Android Central

Tech giants’ results show rosy outlook for AI boom and US stock market

Google, Microsoft and Amazon report gains in cloud-computing businesses while Meta spending draws concern

The Guardian - US

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Meta beats revenue expectations, boosts capital spending forecast for 2026

Meta Platforms Inc. reports strong first-quarter results, surpassing expectations with significant earnings growth, but the stock slipped in after-hours trading

The Independent UK

Meta quietly rolls out stablecoin payments four years after shelving controversial Libra project

Creators can receive payouts in the stablecoin USDC on the Solana and Polygon blockchains, according to a new page on Meta’s website.

Fortune

Meta Platforms Is Betting on Space-Based Solar Power as AI Drives Power Demands. Northrop Grumman Stock Could Be a Winner.

As AI power demand explodes, Meta’s bold bet on space-based solar could spotlight Northrop Grumman as a winner in the race.

Barchart

Corning Beats Q1 Estimates but Drops 9% on Guidance Miss

Corning beat Q1 2026 estimates with 18% revenue growth and three hyperscale contracts signed, but shares fell 9% on a slight Q2 guidance miss.

MarketBeat

The 228% Reality Check: Why the Stock Market Is Demanding the Impossible from AI

The stock market has detached from fundamental reality, pushing the Buffett Indicator to a staggering 228%. Regardless of how stellar Big Tech's Q1 earnings are, the math of macroeconomics guarantees an inevitable landing for overheated AI expectations.

Barchart

AMD's Poker Face: Reading the Tell in a Panic-Driven Market

A macro-driven selloff in Advanced Micro Devices is creating a dislocation between its current price and its strong forward-looking hardware catalysts.

MarketBeat

EU Flags Meta For Failing To Enforce Age Limits On Facebook, Instagram

Meta has been charged by European regulators for failing to prevent children under 13 from accessing Facebook and Instagram.

International Business Times

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Newslaundry

Australia moves to tax Meta, Google and TikTok to fund newsrooms

Australia has proposed taxing digital giants Meta, Google and TikTok on a part of their revenue to pay for news reporters.

Tom’s Hardware

Zuckerberg's Meta will beam sunlight from space to power AI data centers, solar-collecting satellites will orbit 22,000 miles above Earth — firm reserves 1 Gigawatt of orbital solar energy and 100 Gigawatt-hours of long-duration storage

Meta has announced plans to help power its AI data centers using sunlight beamed from space through a partnership with Overview Energy, alongside a 100 GWh long-duration storage deal with Noon Energy, as the AI industry’s energy demands continue to surge.

The Independent UK

Australia issues ultimatum to Meta and Google or face new tax

IN FULL

The Independent UK

Two dead after plane crashes into hangar in Australia

A pilot and a passenger were among those killed, according to a report

Get all your
news in one place.

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The Conversation

Albanese government’s latest attempt to make tech giants pay for journalism is needed but carries big risks

The government’s plan to fund Australian journalism through a levy on digital platforms rests on a sound premise: a healthy democracy depends on reliable information.

Euronews

Are there alternatives to mainstream social media platforms? |Euronews Tech Talks

Privacy, political, and ethical concerns are pushing people to look for alternative social media platforms. What are the options? Are they the solution? Euronews Tech Talks tries to understand.

Euronews

EU finds Meta violates digital rules by not doing enough to keep children off Instagram and Facebook

One in ten children under the age of 13 is using Facebook or Instagram, EU regulators say.

The Independent UK

EU says Meta is failing to keep underage users off Facebook and Instagram

The European Union says Meta is failing to keep underage users from accessing Facebook and Instagram

The Guardian - UK

Meta found in breach of EU law for failing to keep children off platforms

Commission says tech company does not have effective measures to keep under-13s off Facebook and Instagram

Fortune

Meta is paying top executives to hit a $9.5 trillion valuation—and no one’s ever done it before

The deepest tranche of options won’t fully pay off unless Meta becomes nearly twice the size of Nvidia.

Barchart

5 Magnificent 7 Stocks Report Earnings This Week. Here's What to Watch for Each.

When these five Magnificent 7 stocks report earnings this week, it will likely impact the entire market. Here's what to know.

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People

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