Meta Platforms Stock Soars on News of Potential $10 Billion Investment in Scale AI

Introduction Meta Platforms (formerly Facebook) has seen a significant surge in its stock price following reports of a potential $10 billion investment in Scale AI, a leading artificial intelligence (AI) infrastructure company. This strategic move signals Meta’s aggressive push into AI development, reinforcing its position in the competitive tech landscape. Investors have responded positively, driving … Read more

Broadcom Shares Dip 6% After Q2 Earnings, But Long-Term Outlook Remains Robust

Broadcom Inc. (NASDAQ: AVGO) saw its shares decline by 6% in after-hours trading following its Q2 2024 earnings report. Despite beating revenue and earnings estimates, investors reacted cautiously due to concerns over near-term growth in some segments. However, analysts remain optimistic about the company’s long-term prospects, driven by strong demand in AI, networking, and enterprise … Read more