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Meta up nearly 3% in premarket on 'speculative' report of planned layoffs to offset AI spending
Meta is planning capital expenditure of up to $135 billion in AI-related costs in 2026, which raised investors' fears around unsustainable spending.
U.S. is allowing Iranian tankers through Strait of Hormuz, says Bessent
Nebius jumps 14% after inking $27 billion infrastructure deal with Meta
The tech giant is planning capital expenditure of up to $135 billion related to AI this year.
UniCredit to strengthen stake in Commerzbank to 30% laying groundwork for potential takeover
UniCredit launched a voluntary takeover offer for Commerzbank on Monday, drawing opposition from Commerzbank and the German government.
Trump-Xi China summit may be delayed if Trump wants to stay in Washington for Iran war: Bessent
Trump's visit, scheduled for March 31-April 2, would be the first for a U.S. president since he went to the country in 2017.
Strait of Hormuz standoff puts supply of America's generic drug prescriptions at risk
Half of US generic drugs are made in India and transit the Strait of Hormuz. Supply chains prepare for emergencies, but prescription stockpiles are limited.
Democrats blast FCC Chair Carr's broadcast license threats as anti-First Amendment, 'totalitarian'
Carr on Saturday blasted broadcasters shortly after President Donald Trump called reports that Iran struck five U.S. tanker planes "fake news."