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23.06.26 - 00:42
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Meta Appoints Kunal Shah As WhatsApp Leader (AFX)
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WASHINGTON (dpa-AFX) - Meta Platforms (META) has named Kunal Shah, the Indian entrepreneur, as the new head of WhatsApp, taking over from Will Cathcart, who is stepping down after nearly seven yea......
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22.06.26 - 20:48
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Big Tech Apprehension Still Exists: Raymond James′ De (Bloomberg)
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Mayuranki De, vice president of ETF strategy at Raymond James, joins Scarlet Fu and Katie Greifeld on "Bloomberg ETF IQ." They discuss a relatively new acronym: 'MANGOS' - which stands for Meta, Apple, Nvidia, Google, OpenAI, and SpaceX. (Source: Bloomberg)...
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22.06.26 - 18:00
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Alphabet Sinks 6%, Amazon Slides 4% Amid AI Capex Anxiety Across the Hyperscalers (24/7 Wall St.)
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Alphabet (NASDAQ:GOOGL) stock is down 6% in Monday midday trading, sliding to around $346. The selloff in Alphabet shares is the most prominent move among the hyperscalers today. Caught in the same theme, Amazon (NASDAQ:AMZN) stock is down 4% to around $234. Meta Platforms (NASDAQ:META) and Microsoft (NASDAQ:MSFT) shares are also lower, though by smaller ... Alphabet Sinks 6%, Amazon Slides 4% Amid AI Capex Anxiety Across the Hyperscalers...
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22.06.26 - 16:42
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CRED to Raise INR 8,550 Crore (~USD 900M) From Meta (Business Wire)
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Kunal Shah to transition to Meta global leadership
Miten Sampat appointed interim CEOBENGALURU, India--(BUSINESS WIRE)--#AUM--CRED will raise ₹8,550 crore (~US $900M) in its Series H round led by Meta, as part of its acceleration plans, structured through a combination of primary and secondary share purchases. CRED will raise this round at a post-money valuation of ₹43,239 crore (~US $4.5B) and a pre-money valuation of ₹38,819 crore (~US $4.03 billion). Under the terms of the investment, Meta will join the CRED cap table as a minority investor and will not receive access to CRED customer information.
CRED has built a platform that catalyses financial progress for creditworthy Indians, with products across payments, lending, insurance, wealth, and lifestyle that 1.7 crore (17 million) members engage with every month. It processes over 40% of credit card bill payments in India, commanding significant volume in a category it created 8 years ago. CRED's lending business has grown to ₹24,000 crore (~U...
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22.06.26 - 12:51
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Is The AI Spending Boom Creating A Depreciation Time Bomb? (ZeroHedge)
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Is The AI Spending Boom Creating A Depreciation Time Bomb?
Via City AM,
Big Tech's AI spending has exploded, with Google, Microsoft, Amazon, and Meta collectively investing hundreds of billions of dollars in infrastructure.
Rapid technological change may shorten the economic life of AI servers and GPUs, increasing depreciation and replacement costs.
The long-term profitability of AI will depend not only on demand growth but also on whether companies can justify the enormous ongoing capital requirements.
The eye-watering capital expenditure plans of Big Tech has been one of the year's biggest stories.
Google, Meta, Amazon, and Microsoft have all splurged to secure a podium spot in the race to build out the infrastructure that will run the artificial intelligence (AI) revolution.
Total capex by these four firms is expected to reach $750bn (£560bn) this year, around half the annual spending of the entire UK government. It is much higher than this high-tech quartet has budgete...
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22.06.26 - 12:00
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Meta-Aktie: Diese Marken sollten Anleger jetzt im Blick behalten (Sharedeals)
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Die Meta-Aktie befindet sich weiterhin in einer schwierigen Marktphase. Während viele Technologieaktien zuletzt wieder Stärke zeigen konnten, bleibt die Entwicklung bei Meta vergleichsweise verhalten. Vor allem die hohen Investitionen in Künstliche Intelligenz sorgen weiterhin für Diskussionen unter Anlegern. Gleichzeitig zeigt auch das Chartbild aktuell wenig Euphorie. Hohe KI-Ausgaben belasten die Stimmung Fundamental gehört Meta weiterhin […]
The post Meta-Aktie: Diese Marken sollten Anleger jetzt im Blick behalten first appeared on sharedeals.de....
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