NYTIMES (Eli Tan) - Meta’s Profit Falls 14 Percent as A.I. Spending Continues
The Silicon Valley company’s costs rose more steeply than revenue growth, as it continues to invest heavily in artificial intelligence.
JUSTTHENEWS (Misty Severi) - Apple temporarily replaced Nvidia as world's most valuable company
The tech company's temporary reclaim as the most valuable company in the world marked the first time it had that title since April of 2025.
NYTIMES (Tripp Mickle) - Nvidia’s Profit Hits $58.3 Billion as A.I. Boom Gathers More Steam
The chip maker said its profit in its most recent quarter jumped 211 percent from a year ago thanks to extreme demand from other big technology companies.
NYTIMES (Kalley Huang) - Apple Reports 17% Sales Jump, Powered by iPhones
The Silicon Valley company, which is undergoing a chief executive transition, also reported a 19 percent increase in profit.
NYTIMES (Tripp Mickle) - Nvidia’s Quarterly Profit Hits $43 Billion on Strong A.I. Chips Sales
Total profit for the fiscal year was $120 billion, the company said. Three years ago, it was just $4.4 billion.
NYTIMES (Natallie Rocha) - Microsoft Continues to Spend Big on A.I. While Profit Jumps 60 Percent
The company said on Wednesday that revenue in the most recent quarter was $81.3 billion, but its share price dropped more than 5 percent in after-hours trading.