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Reliance plans world's biggest AI data center in India, report says

Mukesh Ambani's Reliance is planning to build what could become the world's largest data center in Jamnagar, India, with a capacity of 3 gigawatts to capitalize on surging AI demand. The facility would dwarf the current largest data center, Microsoft's 600-megawatt site in Virginia, Bloomberg reported Friday. The project could cost between $20 billion and $30 billion, the report added. In 2020, Ambani raised more than $25 billion from a group of investors, including Meta, Google, Silver Lake, Ge

TechCrunch 2 hours ago

NVDA
Novo Nordisk, Twilio, Texas Instruments: Market Minute

Yahoo Finance reporter Brooke DiPalma breaks down the latest stock market developments as part of this morning's Market Minute. Novo Nordisk (NVO) shares surged after the company reported breakthrough weight-loss drug trial results. The pharmaceutical company's injectable GLP-1 Amycretin medication demonstrated an impressive average weight loss of 22% over 36 weeks. Twilio (TWLO) stock is climbing as Wall Street analysts grow increasingly optimistic about its artificial intelligence potential. Analysts anticipate improved profitability through the company's expanding generative AI capabilities, including conversational AI technologies. Texas Instruments (TXN) experienced a stock decline after issuing a weaker-than-expected profit forecast for the first quarter. This pullback occurred despite the company's fiscal fourth quarter results beating expectations on both revenue and earnings. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith

Yahoo Finance Video 3 hours ago

TWLO

TXN

NONOF
Stock prices look expensive and inflated: Billionaire investor Ray Dalio

Bridgewater Associates founder Ray Dalio strikes a cautious tone on today's stock valuations, especially for the Mag 7.

Yahoo Finance 3 hours ago

AMZN

NVDA

GS
Meta to spend $65B on AI in 2025, Zuckerberg says

Meta (META) shares are in focus after CEO Mark Zuckerberg announced that Meta plans to spend as much as $65 billion in artificial intelligence (AI) capital expenditures. Zuckerberg said the company plans to build a 2+ gigawatt data center large enough to nearly cover Manhattan. Morning Brief co-hosts Seana Smith and Brad Smith take a closer look at the AI initiative update from the Meta executive and discuss what it could mean for the tech giant ahead of Big Tech earnings. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Naomi Buchanan.

Yahoo Finance Video 4 hours ago

META
Big Tech earnings are coming, and Trump will be top of mind for investors

Big Tech earnings season is coming, and Trump will be top of mind.

Yahoo Finance yesterday

META

GOOG

ORCL
Trump opens a divide between US and EU over Big Tech

President Trump criticized the EU's antitrust battles against American tech companies during a virtual appearance at the World Economic Forum.

Yahoo Finance 22 hours ago

GOOG

META

MSFT
Magnificent Seven Stocks: Nvidia Sells Off, Tesla Slides; Meta Breaking Out Today

Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon.com, Nvidia, Meta Platforms and Tesla lived up to their name in 2024 with solid gains. Due to their outsized market capitalizations, Magnificent Seven stocks hold a disproportionate influence on the market-cap weighted Nasdaq composite and S&P 500 indexes.

Investor's Business Daily 24 minutes ago

NVDA

AAPL

TSLA
Why Microchip Technology (MCHP) Shares Are Getting Obliterated Today

Shares of analog chipmaker Microchip Technology (NASDAQ:MCHP) fell 5.9% in the afternoon session after Texas Instruments, a peer in the semiconductor industry, reported disappointing fourth-quarter results, highlighting rising inventory levels and softening demand in critical end markets. Texas Instruments' earnings guidance for the next quarter fell short of Wall Street's expectations. Adding to the negative was the fact that inventory levels increased, contributing to weaknesses in Japan and E

StockStory 43 minutes ago

MCHP

TXN
These Stocks Are Moving the Most Today: Texas Instruments, Meta, Verizon, Boeing, Tesla, Amex, Novo Nordisk, and More

Texas Instruments falls after the chip maker’s first-quarter earnings forecast misses estimates, Boeing declines after revealing it expects to post a wider fourth-quarter loss because of strikes at the aerospace giant, and Meta Platforms plans to invest up to $65 billion in 2025 to build out its AI infrastructure.

Barrons.com 54 minutes ago

TXN

BA

TWLO
Twilio Stock Soars 22% as AI Demand Surges--But Wall Street Remains Divided

Explosive growth, bullish forecasts, and AI momentum--yet Wall Street remains divided on Twilio's true value.

GuruFocus.com 55 minutes ago

TWLO
Meta’s Threads to Show Ads for the First Time in US, Japan

(Bloomberg) -- Meta Platforms Inc. will show advertising on social network Threads for the first time, opening up a new revenue stream for the company and increasing competition for Elon Musk’s X. Most Read from BloombergWhat Happened to Hanging Out on the Street?How Sanctuary Cities Are Preparing for Another Showdown With TrumpBillionaire Developer Caruso Slams LA Leadership Over WildfiresHoboken PATH Station Will Close for Almost a Month on Jan. 30Texas HOA Charged With Discrimination for Bann

Bloomberg 59 minutes ago

META
Stock Market Today: Dow Jones, S&P 500 Sluggish; This Bitcoin Play Bolts Higher (Live Coverage)

Dow Jones and S&P 500 dragged along in the stock market today. But a bitcoin mining stock popped as bitcoin nears $107,000.

Investor's Business Daily 1 hour ago

AVGO

AXP

VZ
Meta to test ads on Threads in US and Japan

During early testing starting Friday, image ads will appear in the Threads home feed, placed between content posts for a small percentage of users, Meta said in a blog. The social media giant said it will monitor the test closely before scaling it broadly, adding that businesses will be able to extend their existing Meta ad campaigns to Threads.

Reuters 1 hour ago

META
Top Midday Gainers

Nvni Group (NVNI) said late Thursday that it regained compliance with Nasdaq's minimum closing bid p

PREMIUM
MT Newswires 1 hour ago

TWLO
Meta Platforms Aims to Invest up to $65 Billion in 2025 Capex in AI Push

Meta Platforms (META) plans to invest $60 billion to $65 billion in capital expenditures in 2025 as

PREMIUM
MT Newswires 1 hour ago

META
Why Twilio Rocketed Over 22% Today

Shares of Twilio (NYSE: TWLO) were rallying on Friday, up 22.4% as of 12:43 p.m. ET. The communications platform-as-a-service company held its 2025 Investor Day yesterday, outlining new product innovations while also giving medium-term financial targets. Before the spike in interest rates in 2022-2023, Twilio generated massive generally accepted accounting principles (GAAP) losses as it paid employees handsomely in the form of stock-based compensation (SBC).

Motley Fool 1 hour ago

TWLO
TI to webcast capital management review

Texas Instruments Incorporated (TI) (Nasdaq: TXN) will webcast its capital management review on Tuesday, February 4, at 10 a.m. Central time.

PR Newswire 1 hour ago

TXN
Meta's $65 Billion AI Gamble: The Boldest Tech Bet Yet--or a Costly Mistake?

Zuckerberg is going all-in on AI, outspending rivals and building a data center "as big as Manhattan."

GuruFocus.com 1 hour ago

META
Telefonaktiebolaget Lm Ericsson (publ) (ERIC) Q4 2024 Earnings Call Transcript

ERIC earnings call for the period ending December 31, 2024.

Motley Fool 1 hour ago

ERIC
Verizon outperforms earnings expectations — and the stock climbs

This story incorporates reporting fromBenzinga.com, Barron’s on MSN.com and MarketWatch on MSN.com.Verizon’s stock price rose following the release of their latest earnings report, which outperformed analysts’ expectations. The company’s Q4 results showed a notable increase in mobile and broadband subscriptions, with postpaid phone net additions reaching 568,000, up from 449,000 the previous year. Additionally, total broadband net additions hit 408,000, compared to 350,000 a year earlier.

Quartz 1 hour ago

VZ

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Reliance plans world's biggest AI data center in India, report says

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