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29.01.26 - 08:18
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Meta wows Wall Street despite spending billions on AI and facing social media addiction trial (The Guardian)
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Firm's fourth-quarter 2025 beat expectations as it lavishes investment on AI infrastructure and CEO faces questioningAs Meta spends billions on artificial intelligence data centers and its CEO prepares to testify in a landmark social media trial, the company is earning a pretty penny.Meta reported strong financial results on Wednesday, beating Wall Street expectations of $58.59bn with $59.89bn in revenue for the fourth quarter of 2025. It reported earnings per share (EPS) of $8.88 – which also surpassed Wall Street expectations of $8.23 in EPS. Meta's stocks jumped nearly 10% in after-hours trading after the release. Continue reading......
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29.01.26 - 07:54
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Runaway gold: why even Wall Street can′t keep up with the metal′s record ascent (SCMP)
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Gold's blistering rally to start 2026 – surging past US$5,500 an ounce – has already eclipsed many full-year price targets, forcing analysts to upgrade their outlooks. And for some, the US$6,000 threshold is now in view.
The buying spree has prompted some Chinese funds to suspend new purchases, with one warning investors of “the risk of trading at a premium in the secondary market”.
As of midday Thursday, spot gold stood at about US$5,540 per ounce, easing from an earlier high of US$5,598......
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