Defense Tech Special

Defense Tech Special

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Earnings Special: Meta Boosts Bet on AI With Spending Outlook, New Stock Class

Meta Platforms boosted its capital spending outlook and announced plans for a new class of nonvoting stock, escalating its already-stratospheric bet on artificial intelligence. Capital expenditures will be $135 billion to $145 billion in 2026, the social-media giant said during i ...  Show more

SpaceX has Blowout Quarter as Musk Floats Merger with Tesla

Bloomberg’s Ed Ludlow breaks down SpaceX's blowout quarterly results and Elon Musk's suggestion that the company combine with Tesla. Plus, Netflix looks to find its next big hit as growth at the streaming giant slows, and a report on Anthropic's draft S-1 offers some new insight ...  Show more

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