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The Big Tech earnings reporting season kicked off this afternoon with Meta, Microsoft and Tesla releasing quarterly results after the closing bell. Follow our live coverage here.
AI’s PR problem stems from a growing fear that the technology is causing mass layoffs. A staggering 1.2 million jobs were slashed last year, up 58% from 2024. Even though most job cuts don’t appear to be tied to AI automation, companies are using the technology as an excuse to make routine headcount reductions, according to management experts.
Microsoft and Meta will kick off Big Tech earnings this week under pressure to prove that their costly bets on artificial intelligence can power another year of strong growth as a resurgent Alphabet takes the lead in the high-stakes race.
As an electricity crunch drives bills higher around the country, big tech companies building power-hungry data centers are increasingly offering to pay for more of the energy they consume, so everyday people don’t get stuck with the bill.
Investors have made a pile of money recently by focusing on niche stocks in the AI trade. Earnings from some of the world’s biggest technology companies will offer an indication of whether they should stick to that strategy in 2026.
Shares of Meta soared on Thursday after it demonstrated AI investments are paying off in its advertising business, while Microsoft stock slumped as key indicators of AI-driven growth lagged expectations.
Executives of Michigan’s second largest electric utility say they’re making “great progress” with big data centers considering the state and more are lining up to join them. “I’m very pleased with the progress from a data center perspective,
Google ( GOOG) is partnering with Warby Parker and Gentle Monster to develop AI-powered smart glasses. They will include a camera, speaker, and microphone and feature Google's Gemini AI models. An optional in-lens display will show users text messages, directions, and real-time translation.
Small businesses struggled to observe the national shutdown to protest ICE. Here's why a boycott of companies like OpenAI and Amazon could be easier and more effective.
Earnings season marches on. Two more Magnificent Seven tech companies—Alphabet and Amazon—will report, following on the heels of disappointing results from Microsoft that helped send software stocks tumbling last week.